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Closing Grain and Livestock Futures: August 20, 2024

Tuesday, August 20

Sep. corn closed at $3.75, down 3 centsSep. soybeans closed at $9.57 and 1/4, up 1 centSep. soybean meal closed at $312.30, up 60 centsSep. soybean oil closed at 40.71, up 24 pointsSep. wheat closed at $5.33, up 4 and 3/4 centsOct. live cattle...

Compeer Financial: What’s Next for Rural Communities

Tuesday, August 20

In this episode of the Compeer Financial Podcast, Compeer Chief Mission Officer John Monson talks about the needs of rural communities, such as infrastructure funding and additional resources to help agriculture thrive, and how Compeer is working to fill in funding gaps. Monson also...

Invest in Our Land crop installation promotes climate-smart ag

Tuesday, August 20

Farmers continue to make investments in conservation that both improve on-farm resilience and mitigate climate change. Lindsey Shapiro is the farm bill campaign organizer with Pasa Sustainable Agriculture. “A lot of them are very traditional classic conservation programs and practices that just have the...

USGC focused on Mexico GMO corn ban

Tuesday, August 20

A board member with the US Grains Council says the organization is focused on overturning Mexico’s GMO corn ban. Jim Reed, an Illinois farmer, says the group has representatives in the country working on the issue. “If we have to channel certain products one...

Senate Ag Committee Ranking Member says research investments needed

Tuesday, August 20

The ranking member of the U.S. Senate Ag Committee says that without investments in research and technology, American agriculture risks losing its advantage over the rest of the world. Arkansas’ John Boozman tells Brownfield, “In the framework that we laid out, and I believe...

Pleasant weather continues across the Corn Belt as heat slowly builds northward on the Plains

Tuesday, August 20

Across the Corn Belt, cool, dry weather prevails, with Tuesday’s high temperatures expected to generally range from 70 to 80°F. Concerns related to slow crop development are mostly confined to the far upper Midwest, where only 64% of North Dakota’s soybeans were setting pods...

Today’s Fuel for a Better Tomorrow

Tuesday, August 20

In this Pods for Profit, we’ll hear from Michigan Soybean Committee President Mark Senk on how the Michigan Advanced Biofuels Coalition is working to increase biodiesel usage as a cleaner burning, drop-in replacement for petroleum diesel fuel. The post

Indiana water availability becomes one of INFB’s top priorities

Tuesday, August 20

The president of Indiana Farm Bureau says the organization continues to work on several policy issues on behalf of its members. Randy Kron says he never thought Indiana would have to fight to keep water available for ag use. “Boone County doesn’t have enough water and now industry is talking about moving...

Soy-based Asphalt at the Farm Progress Show

Tuesday, August 20

The uses of soy will be on display at this year’s Farm Progress Show in Boone, Iowa. On this episode of Seeds of Success, a farmer-leader with the Iowa Soybean Association outlines some enhancements to a popular soy-based asphalt project. The post

Soybean growers to benefit from checkoff investment in fire safety

Tuesday, August 20

Soybean growers will start to see some return on their checkoff investment from a new product. A new PFAS-free and fluorine-free biodegradable, and much safer-to-use soybean based firefighting foam has been on the market for about six months. Dave Garlie, whose team at Cross...

Crop conditions vary for NW Wisconsin farmer

Monday, August 19

A farmer in northwestern Wisconsin is seeing wide variations in his crops, depending on when he was able to plant. Jerry Morfoot raises corn, soybeans, and hay near Cornell, and tells Brownfield the wet spring affected planting dates, and he can see the impact...

Harvest approaching for Tennessee crops

Monday, August 19

Tennessee crops will soon be ready for harvest. USDA says corn condition improved to 51 percent good to excellent with 98 percent of the crop silking, 88 percent in the dough stage, 64 percent dented, and 17 percent mature. Cotton is 94 percent setting...