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Tapping into soybean management with TAPS

The University of Nebraska Extension has opened its Testing Ag Performance Solutions Program (TAPS) up to soybean farmers this year. On this episode, we hear from Chris Proctor and Jenny Rees about how it works and how it’s helping advance research into best management...

Another round of light, lower direct cattle trade

Chicago Mercantile Exchange live cattle futures were mostly lower, watching direct trade develop, while feeders were up on oversold signals and the mostly lower move in corn. October live cattle were down $.97 at $174.62 and December $.82 lower at $174.27. September feeders were...

Soybeans manage modestly higher finish

Soybeans were modestly higher on short covering and technical buying, with most months near the high end of the day’s range. Near-term forecasts are warmer, and drier for parts of the region, potentially causing stress. A major crop tour has shown some variability in...

Closing Grain and Livestock Futures: August 21, 2024

Sep. corn closed at $3.75 and 1/2, up 1/2 centSep. soybeans closed at $9.63, up 5 and 3/4 centsSep. soybean meal closed at $312.50, up 20 centsSep. soybean oil closed at 41.00, up 29 pointsSep. wheat closed at $5.19 and 3/4, down 13 and...

Illinois Congressman wants permanent lock & dam funding

A member of the House Ag Committee says the U.S. government needs to ensure dedicated annual funding for the inland waterway system.         Eric Sorenson, who represents Illinois’ 17th district, tells Brownfield… “I want to see this as part of the President’s budget.”  He says,...

Broiler sets, placement hold higher trend

Domestic broiler sets and placement were up on the year last week. The USDA says 248.86 million broiler-type eggs were placed into incubation, climbing 658,000 from the previous week and moving 4% above a year ago, with the average hatchability rate holding at 79.5%....

Domestic rice supply above a year ago

U.S. rice stocks on August 1st, 2024 were up sharply on the year. The USDA says rough rice in all positions at the start of the new marketing year was 32.433 million hundredweight, an increase of 34% from August 1st, 2023. That was due...

July milk production down on year

U.S. milk production declined slightly in July 2024. The USDA says production in the top 24 milk states was 18.171 billion pounds, 0.2% less than in July 2023, with a 2 pound rise in average production per cow to 2,047 pounds canceled out by...

Ethanol production, stocks rise

U.S. ethanol production shot higher last week. The U.S. Energy Information Administration says production 1.098 million barrels a day, up 26,000 on the week and 50,000 on the year. Iowa State University’s Center for Agricultural and Rural Development says estimated operating margins for the...

Cash dairy mixed at midweek

Chicago Mercantile Exchange cash dairy markets were mixed Wednesday. The USDA says cash cheese barrels were up $.01 and ¾ at $2.28 and ¼, the second day in a row with a gain while 40 pound blocks lost a half a cent, closing at...