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Duration of port strikes a big factor for U.S. red meat exports

Erin Borror, the vice president of economic analysis with the U.S. Meat Export Federation, says U.S. beef and pork exports are affected as port strikes happen along the East and Gulf Coasts. “These ports accommodated about $2.8 billion worth of U.S. red meat exports...

Port strikes bring questions about feed imports and ag exports

The CEO of the National Grain and Feed Association says he’s trying to better understand how feed ingredients are affected by the ongoing port strikes. “There’s a lot of discussion about imports and while retail and others saw this coming and could plan ahead,...

Hurricane Helene historic impact to rural cooperatives

The CEO of the National Rural Electric Cooperative Association says Hurricane Helene has had a historical impact across seven southeastern states. In a call Tuesday afternoon with reporters, Jim Matheson says around 500,000 cooperative members remain without power. “We’ve never seen something like this...

USDA announces $1.7 billion in local food purchases 

The U.S. Department of Agriculture is making a major investment in local and regional foods. Deputy Secretary Xochitl Torres Small tells Brownfield nearly $2 billion in Commodity Credit Corporation funds are being dedicated to emergency food assistance. “This is going to help states purchase...

Sluggish day for direct cash cattle trade

Chicago Mercantile Exchange live cattle futures were up and feeders were down, waiting for this week’s direct business. Feeders had some additional pressure from the higher move in corn. December live was up $.37 at $185.17 and February was $.32 higher at $186.17. November...

Nebraska farmer who faced replanting expecting average yields

An Eastern Nebraska farmer says he’s expecting average yields for corn and soybeans. Quentin Connealy, who farms near Tekamah, tells Brownfield… “It kind of depends on the ground. Some of it got hurt in this little dry spell, but the good ground held it’s...

Up day for soybeans, corn, wheat

Soybeans were modestly higher on fund and technical buying. Near-term harvest conditions generally look favorable for much of the region, but parts of the southeast will see ongoing delays as they assess crop damage following Helene. The widespread U.S. port strike will have at...

Climatologist gives update on Mississippi, Ohio River levels

A climatologist says water levels along some portions of the Mississippi River have increased due to recent rain events stemming from Hurricane Helene. Dennis Todey says the higher river levels could be beneficial for ag transportation. “Some of those heavier rainfalls out in the...

Closing Grain and Livestock Futures: October 1, 2024

Dec. corn closed at $4.29, up 4 and 1/4 centsNov. soybeans closed at $10.57 and 1/4, up 1/4 centDec. soybean meal closed at $347.50, up $5.90Dec. soybean oil closed at 42.91, down 40 pointsDec. wheat closed at $5.99, up 15 centsDec. live cattle closed...

Biden admin announces $26.7B in market access for U.S. ag producers

Pictured: Chief Ag Negotiator Doug McKalip (Brownfield photo) The chief ag negotiator in the Office of the U.S. Trade Representative says the Biden administration has secured more than $26.7 billion in agricultural market access for the ag industry. Doug McKalip tells Brownfield, “The nation...

Ambassador McKalip discusses port strike situation

The U.S. Trade Representative’s Office has been monitoring the ongoing port strike situation along the East and Gulf Coasts. Chief ag negotiator Doug McKalip tells Brownfield a resolution is needed soon. “There is a lot of work going into this current situation. Certainly, the...

October is Pork Month

October is Pork Month and Minnesota Pork Producers Association president Daryl Timmerman tells Brownfield the industry has a lot to celebrate. “It’s a great opportunity to think about folks in the barn, folks that are involved with kind of the community as far as...