Closing Grain and Livestock Futures: September 3, 2024
Dec. corn closed at $4.09 and 1/4, up 8 and 1/4 centsNov. soybeans closed at $10.12, up 12 centsOct. soybean meal closed at $317.40, up $7.30Oct. soybean oil closed at […]
Crop progress declines slightly on the week
Corn and soybean conditions decreased slightly in Indiana. According to the latest crop progress and conditions report from the USDA, corn is rated 68 percent good to excellent with 89 […]
65% of U.S. corn, soybeans rated good to excellent
U.S. corn and soybean development remains at or ahead of normal. While that follows another week of mixed, but generally favorable, weather in much of the Midwest and Plains, there […]
USB chair outlines emerging markets for U.S. soy industry
A soybean industry leader says many countries have been pleased with the quality of U.S. soy. Steve Reinhard chairs the United Soybean Board and says, “We have a quality product […]
Drought continues to worsen Ohio crop progress
Warm temperatures and a lack of rainfall caused drought conditions to progress across the state of Ohio. According to the latest crop progress and conditions report from the USDA, corn […]
Hinson continues push for precision ag bill
A U.S. Representative from Iowa says the House version of the farm bill includes legislation that would expand access to precision ag tools. Republican Ashley Hinson says the Producing Responsible […]
Climatologist not concerned about an early freeze
A climatologist says some farmers have been concerned about the possibility of an early freeze and its impact on corn and soybeans. Dennis Todey, director of USDA’s Midwest Climate Hub, […]
Wisconsin farmer expects good, not great harvest
A western Wisconsin farmer is expecting a good harvest, but not a record-breaker. James Giese tells Brownfield, “I’ll just have a little bit bigger drying bill than normal and maybe […]
Ag Economy Barometer takes a nosedive in August
Farmer sentiment decreased drastically in the latest Purdue University/CME Group Ag Economy Barometer. Jim Mintert with Purdue’s Center for Commerical Agriculture says the August reading is the lowest for the […]
Illinois Corn Marketing Board sees promise in ethanol exports
The executive director of the Illinois Corn Marketing Board says growing ethanol exports helps increase corn demand. Rodney Weinzerl says their group is focused on several emerging ethanol markets. “We […]