A very mild to warm pattern ahead for the Heartland; seasonal rains to showery for most
Looking ahead, the 6- to 10-day outlook calls for the likelihood of near- or above-normal temperatures and precipitation across most of the U.S. Cooler-than-normal conditions will be confined to the […]
CME milk, cash dairy prices lower Tuesday
Milk futures lower and cash dairy prices were steady to lower Tuesday on the Chicago Mercantile Exchange. May Class III milk was down $0.25 at $18.13. June was down $0.32 at $18.22. […]
Expanding demand opportunities for underutilized cuts of beef
Tight supplies of U.S. beef create an opportunity to increase demand for underutilized cuts. Dan Halstrom with the U.S. Meat Export Federation says the Beef Checkoff program and the USDA […]
Economist says beef cow slaughter data is crucial without July Inventory report
A livestock economist says he continues to look for any signs of herd expansion. University of Missouri’s Scott Brown says cattle producers have been reluctant to expand their herds, and […]
Hogs futures supported by demand optimism
At the Chicago Mercantile Exchange, live cattle were mostly lower, and feeders were higher ahead of the week’s direct business. June live cattle closed $.90 lower at $177.15 and August […]
IL fertilizer applicators feel “ahead of the game”
The slow start to the planting season isn’t a concern for most fertilizer applicators. Kevin Johnson, president of the Illinois Fertilizer and Chemical Association, tells Brownfield… “We had a tremendous […]
Food aid announcement welcomed by wheat group
Wheat growers are welcoming last week’s one-billion dollar food aid announcement from the USDA and the U.S. Agency for International Development. Peter Laudeman with U.S. Wheat Associates tells Brownfield this […]
Growth Energy waiting for GREET model update
An official with Growth Energy says the biofuels industry needs answers soon on the modeling used to measure transportation emissions for sustainable aviation fuel. Jake Comer, vice president of market […]
Closing Grain and Livestock Futures: April 23, 2024
May corn closed at $4.43, up 3 and 1/4 centsMay soybeans closed at $11.67 and 1/2, up 6 and 1/2 centsMay soybean meal closed at $345.20, up 90 centsMay soybean […]
Weather issues, dollar prop up wheat
Soybeans were modestly higher on speculative and technical buying. 8% of U.S. beans are planted, ahead of average, with delays in some areas this week. The trade is also monitoring […]