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Direct cash cattle trade picks up steam Thursday

Chicago Mercantile Exchange live and feeder cattle futures were higher, with boxed beef up at midday, watching direct business develop. Feeders had additional support from the weakness in corn. December live was up $1.05 at $188.27 and February was $.70 higher at $188.87. November... Read More.

Closing Grain and Livestock Futures: October 10, 2024

Dec. corn closed at $4.18 and 1/2, down 2 and 1/2 centsNov. soybeans closed at $10.14 and 3/4, down 5 and 1/2 centsDec. soybean meal closed at $316.10, down $5.10Dec. soybean oil closed at 43.76, up 70 pointsDec. wheat closed at $6.03 and 3/4,... Read More.

Examining economic impact of rural ports

The director of the Illinois Institute of Rural Affairs says new research shows that rural inland ports, like the Corn Belt Ports initiative, can be drivers of economic development. Dr. Chris Merrett says developing related business clusters is key to growth. “You know Silicon... Read More.

Under Secretary Taylor comments on upcoming GM corn panel decision

The USDA’s Under Secretary for Trade and Foreign Agricultural Affairs says she’s optimistic about an upcoming panel decision on Mexico’s ban on genetically modified corn imports. Alexis Taylor tells Brownfield, “We know and believe quite strongly the science is on our side. I think... Read More.

Iowa farmer says yields have been a pleasant surprise

A southwest Iowa farmer says he’s making good progress on his 2024 harvest. Duane Aistrope raises corn and soybeans near Randolph. “We’ve done two fields of corn early on and then we’ve been on beans ever since then. We’re down to just over 250... Read More.

Modest changes for soybeans, corn, wheat

Soybeans were modestly lower on fund and technical selling. Harvest conditions look favorable in most of the region and there’s at least some rain in the forecast for parts of South America. There was also further position squaring ahead of Friday’s USDA supply, demand,... Read More.

Farmers adapting to lower farm financials

The vice president of oils, grains, and seed analysis at Rabobank says farmers are facing more financial pressure this harvest season. Owen Wilson says lower commodity prices are leading to an uptick in operating lines of credit. “The first step that farmers often take when met... Read More.

Combine cleanout important for preventing weed spread

An Enlist field specialist encourages farmers to properly clean harvest equipment between fields to help prevent the spread of weeds. Tony Goede covers Illinois, Indiana and Wisconsin and says a typical combine will store up to 200 pounds of field residue. “Tucked away in... Read More.

Exceptional drought comes back to Missouri

Drought conditions are worsening and Missouri’s state climatologist says the situation isn’t likely to improve in the short-term. “Really, the entire central U.S. looks dry for the next 7 to 10 days.” Zach Leasor with University of Missouri Extension tells Brownfield it’s normal to... Read More.