Local & State News
Corn, soybeans see more profit taking, harvest pressure
Soybeans were lower on profit taking and technical selling. The trade is expecting good harvest progress ahead of a return to rainy conditions in some areas. Portions of the Eastern
Feeder cattle, lean hog futures close lower Thursday
Chicago Mercantile Exchange live and feeder cattle were lower on the signs of slowing beef demand and follow through selling ahead of this week’s direct trade. December live was down
Analyst expects modest yield changes in October USDA report
A market analyst says he’s expecting modest changes to corn and soybean yield estimates in USDA’s October supply and demand report. Sam Hudson with Cornbelt Marketing says the corn yield
USDA Farm Program Payments Reach Record $13.8 Billion
The USDA says 2025 farm program payments being issued this month are the largest since the programs were established in the 2014 Farm Bill. The Farm Service Agency’s Ag Risk
Basse: Harvest lows are in for grain markets
A market analyst says harvest lows are in and farmers should be looking to reward any rallies prices as harvest progresses. Dan Basse with Ag Resource Company says grain prices
Closing Grain and Livestock Futures: October 8, 2026
Dec. corn $5.00 and 1/4, down 1 and 3/4 centsNov. soybeans $12.87 and 1/2, down 10 centsDec. soybean meal $357.60, down $8.20Dec. soybean oil 67.92, down 24 pointsDec. Chicago wheat
Trade policy expert calls for reduction of EU dairy compliance rules
A trade policy expert says the European Union’s new due-diligence requirements are increasing the costs for U.S. dairy farmers and processors. “We shouldn’t be adhering to European rules,” she says.
Illinois Governor’s executive order could bring farmers savings through extension of Illinois Harvest Permits
The associate director of transportation and infrastructure with the Illinois Farm Bureau says Governor J.B. Pritzker’s consideration of extending the Illinois Harvest Permit program into 2027 would mean transportation savings
Farmers concerned Brazil’s cost advantage could continue to impact U.S. export competitiveness
An ag economist says farmers surveyed in the latest Purdue University/CME Group Ag Economy Barometer are concerned Brazil’s competitive advantage could have an impact on U.S. soybean exports in 2027.
Iowa DNR launches fall ‘fyke’ netting effort to gauge fish populations
We hear about all sorts of surveys the Iowa Department of Natural Resources conducts every year to keep track of populations of various native creatures — from pheasants and deer
