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Indiana farmer optimistic about this year’s crops

A southeastern Indiana farmer says he’s optimistic about this year’s crop. Ben Kron says there has been some disease pressure. “It’s been really hit and miss. No rhyme or real reason to it,” he says. “I think some of it might be hybrid susceptibility with...

Soybeans shoot higher ahead of drier weather

Soybeans were higher on speculative and technical buying. The trade continues to monitor development weather, with a warmer, drier pattern on tap for some areas, potentially impacting yield. The USDA says 68% of U.S. soybeans are in good to excellent condition, unchanged on the...

Live cattle and lean hogs start the week higher

At the Chicago Mercantile Exchange, live cattle were mostly higher ahead of wide-spread direct business.  Feeder cattle were lower, pressured by the higher move in corn. October live cattle closed $.72 higher at $179.02 and December live cattle closed $.25 higher at $178.37.  September...

Closing Grain and Livestock Futures: August 19, 2024

Sep. corn closed at $3.78, up 7 and 1/2 centsSep. soybeans closed at $9.56 and 1/4, up 17 and 1/2 centsSep. soybean meal closed at $311.70, up $8.30Sep. soybean oil closed at 40.47, up 52 pointsSep. wheat closed at $5.28 and 1/4, down 3/4...

USDA adds 2.2 million Conservation Reserve Program acres

USDA’s Farm Service Agency has accepted an additional 2.2 million for the Grassland, General, and Continuous Conservation Reserve Programs. The Grassland CRP is including more than 1.4 million acres in 2024, allowing for haying and grazing practices while enhancing resiliency to drought and wildfires. ...

CME cash dairy mostly steady Monday

Cash dairy prices were steady to higher Monday on the Chicago Mercantile Exchange.  Dry whey was unchanged at $0.55.  No sales were reported.  Forty-pound cheese blocks were unchanged at $2.10.   No sales were reported.  Cheese barrels were unchanged at $2.2550.  No sales were recorded. ...

U.S. soy strong on the global stage

A leader with the Iowa Soybean Association says global demand for U.S. soy remains strong. At-Large board member Tim Bardole tells Brownfield farmers need to continue producing high quality soybean meal to remain the preferred source of plant-based protein for animal agriculture. “A couple...

Economist discusses current state of ag equipment market

An economist says the ag equipment market’s downturn has occurred in a relatively short period of time. “In 2022 there had been a record amount of purchase activity going on,” said David Widmar, co-founder of Agricultural Economic Insights. Widmar says a higher interest rate...

Weekly export inspections up on year

The USDA says corn and wheat export inspections as of the week ending August 15th are running ahead of the paces needed to meet projections for the current respective marketing years. The 2024/24 marketing year got underway June 1st for wheat, while 2023/24 started...

Spotlight on Soybeans Podcast Ep. 4 | Research Portfolio

It is crucial for Missouri soybean farmers to have unbiased data, and the Missouri Soybeans Farm for Soy Innovation is a great place to showcase their research. Missouri Soybean Merchandising Council’s immediate past chairman Aaron Porter says the research they are doing needs to...

Light on Every Acre

The Farm for Soy Innovation is an essential research platform for Missouri soybean farmers. Missouri Soybeans Conservation and Farm Operations Director Clayton Light says each of the 285 acres will serve a purpose and benefit the farmers throughout Missouri. The post
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