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Soybeans, corn, wheat up ahead of Labor Day

Soybeans were higher on short covering and technical buying. It was a dry August in much of the region, leading to some concerns about yield. Still, a lot of Friday’s gains were end of the month, pre-holiday short covering as the trade is expecting...

Cattle, hog futures higher to end the week

At the Chicago Mercantile Exchange, live and feeder cattle were up, supported by higher boxed beef during the session. October live cattle closed $.70 higher at $178.60 and December lives closed $.85 higher at $177.55.  October feeder cattle closed $1.07 higher at $237.75 and...

Low Mississippi River levels again

A hydrologist with the National Weather Service in western Kentucky says water levels on the lower Mississippi River are low again as the new crop marketing year begins. Mary Lamm tells Brownfield it’s not unusual for this time of the year and she’s not...

Closing Grain and Livestock Futures: August 30, 2024

Sep. corn closed at $3.78, up 6 and 1/4 centsSep. soybeans closed at $9.82, up 8 and 1/4 centsSep. soybean meal closed at $311.60, up $5.00Sep. soybean oil closed at 43.14, down 3 pointsSep. wheat closed at $5.32 and 3/4, up 7 and 3/4...

Delayed harvest in eastern South Dakota

A farmer in eastern South Dakota says he’s expecting a later-than-usual harvest for corn and soybeans this fall. Dave Ellens says it will likely be the end of September before soybean harvest begins, due to planting season delays and late-season rains, but it should...

Corn harvest starting soon for mid-MO farmer

A farmer in central Missouri says the corn was too high moisture to harvest ahead of the Labor Day weekend. “It ended up averaging 30% moisture when I did a test run this past week. If we can get it below 25% moisture, we...

“Bean Binoculars” website offers farmers national insight

A North Carolina State University Extension soybean specialist says a new website allows farmers to keep up to date with emerging soybean issues as they happen. Rachel Vann says the “Bean Binoculars” map serves as an early warning network for agronomic issues. “With each...

USDA ag price indices down on month

U.S. farmers made and paid less in July than they did in June. The USDA’s index of prices received fell 2.7% on the month on declines in corn, soybeans, lettuce, and broccoli, which canceled out gains in cattle, market eggs, strawberries, and oranges. The...

Sen. Fischer concerned with downturn in ag economy

A U.S. Senator says she’s concerned about the downturn in the ag economy. Nebraska Republican Deb Fischer tells Brownfield… “People know that we have to weather these cycles, but they also know that we have to receive fair compensation, fair revenue for the products we...

California investigating possible H5N1 cases

California officials are testing dairy cows from three farms for possible avian influenza infections. The state’s Department of Food and Agriculture says samples from the three sites have been submitted to the state’s animal health and food safety lab for verification of the H5N1...

Clean Fuels Alliance partners with PepsiCo to meet decarbonization goals

Clean Fuels Alliance America wants to see an increase of lower carbon biofuels. Director of State Governmental Affairs Jeff Earl tells Brownfield… “We need good, strong policy to send that market signal and also provide any kind of incentive that might be necessary to help encourage...

Early signs of pressure in the ag economy

A senior economist at the Federal Reserve Bank of Kansas City says she’s seeing more pressure on the ag economy. Cortney Cowley says farm income is declining. “We say early signs because the way we measure farm income is by asking agricultural lenders if farm...