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Illinois Soybean Association focused on profitability and production

The chairman of the Illinois Soybean Association (ISA) says the organization is focused on farmer profitability as it recognizes its 60th year. Ron Kindred, who farms in Logan County, says soybean growers are facing many challenges on top of declining commodity prices. “The dicamba...

Soybeans up on soybean oil, weather questions

Soybeans were higher on short covering and technical buying, with the most active months up on the week. Beans were oversold and saw bounce with help from soybean and crude oils. There’s also the chance of crop stress in some areas with a warmer,...

Closing Grain and Livestock Futures: August 23, 2024

Sep. corn closed at $3.67 and 3/4, down 3 and 3/4 centsSep. soybeans closed at $9.52, up 10 and 3/4 centsSep. soybean meal closed at $306.30, down 10 centsSep. soybean oil closed at 41.47, up 103 pointsSep. wheat closed at $5.02 and 1/4, down...

Cattle futures mixed to end the week

At the Chicago Mercantile Exchange, live and feeder cattle were mixed head of Friday’s On Feed report, which showed higher placements and an increase in Cattle on Feed.  October live cattle closed $.20 lower at $175.70 and December live cattle closed $.32 lower at...

Ag sector looks to address Minnesota’s deer problem

Minnesota livestock groups are working with the DNR to address deer depredation. State Cattlemen’s Association president Jake Thompson says deer are eating crops. “To the point where you have areas, fields that are, APH’s (average production history) are starting to drop just because they...

Weather mostly favorable across Iowa

Iowa’s climatologist says growing conditions have been favorable across most areas of the state. Justin Glisan tells Brownfield that could lead to higher yields. “We’re about half a degree below average, so we’ve had a near normal temperature behavior through summer and right around...

USDA confident in challenge to Mexico’s GM corn ban

USDA is keeping a close eye on Mexico’s ban on genetically modified corn imports. Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor says she expects a panel decision in favor of U.S. corn producers later this year. “We’re confident in the arguments...

July egg production down on year

Egg production declined in July. The USDA says 9.06 billion eggs were production in July 2024, 2% less than July 2024, with a 3% decrease in the number of hens laying to 369.697 million head canceling out a slight increase in the average rate...

Naturally Better Soil Products turning biosolids into compost

One of the first USDA projects to increase domestic fertilizer production is now in operation. Up to $900 million has been dedicated to USDA’s Fertilizer Production and Expansion Program. Acting Deputy Under Secretary Lillian Salerno tells Brownfield, “The prices had just elevated so much...

Red meat, poultry in cold storage down on year

The USDA’s cold storage numbers reflect solid demand for beef, pork, and chicken. U.S. red meat stocks totaled 882.648 million pounds at the end of July, 3% less than a year ago. That included declines of 1% for beef and 4% for pork, at...

Nebraska property tax reduction bill signed into law

Nebraska lawmakers closed out their special session this week with a property tax reduction bill signed into law by Gov. Jim Pillen. Nebraska Farm Bureau President Mark McHargue tells Brownfield lawmakers left out a potential sales tax on ag inputs to offset the property...
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