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Closing Grain and Livestock Futures: November 20, 2024

Dec. corn closed at $4.30 and 1/4, up 3 centsJan. soybeans closed at $9.90 and 1/2, down 8 centsDec. soybean meal closed at $289.40, up 80 centsDec. soybean oil closed at 43.28, down 156 pointsDec. wheat closed at $5.52 and 1/2, up 2 and... Read More.

Propane powering the farm

An industry expert says advances in technology are bringing more uses for propane to the farm. Mike Newland, director of agriculture business development with the Propane Education & Research Council (PERC), says irrigation systems are a prime example. “They’re bringing a new, heavier built... Read More.

Wheat sees another round of modest gains

Soybeans were lower on fund and technical selling. Soybeans continued to follow the lead of bean oil, which followed the lead of global palm oil, while watching conditions in South America. ABIOVE estimates Brazil’s 2025 soybean crop at a record 167.7 million tons, with... Read More.

October milk production up 0.2 percent

More dairy cows and improved production increased milk supplies incrementally last month. Production in the U.S. during October totaled nearly 19 billion pounds with production per cow up three pounds from last year. USDA says farmers increased the dairy herd size by 10,000 head... Read More.

Broiler sets, placements up 4% on year

U.S. broiler sets and placements were up solidly on both the week and the year. The USDA says 247.440 million broiler-type eggs were set into incubators, up 8.883 million on the week and 4% on the year as hatcheries try to meet demand expectations.... Read More.

CLAAS apprenticeship program aims to grow pipeline of engineers

An agricultural machinery manufacturer is looking to grow its pipeline of engineers through an apprenticeship program in Omaha, Nebraska.   John Schofield, with CLAAS tells Brownfield… “They have a a split role. They’re working at CLAAS, but they’re also working college classes for three... Read More.

Farmland is being lost in Ohio, what now?

An Ohio State University professor says several multi-year studies across the Midwest have shown that farmland is being lost to urban development. Ani Katchova says her study showed that Ohio has lost 930,000 acres since 2002. “Not surprisingly, most of the agricultural land that was... Read More.

2025 farm income expectations are low

An Ohio State University professor says budgets won’t get easier for farmers in 2025.  Farm Income Enhancement Chair Ani Katchova says income in 2024 is expected to be down by 4%. “It’s coming off last year’s decline in farm income,” she says. “For two years... Read More.

Ethanol production tightens, stocks rise

U.S. ethanol production trickled slightly lower over the past week. The U.S. Energy Information Administration says production averaged 1.11 million barrels per day, down 3,000 on the week, but up 87,000 on the year. The four-week average for production is a record 1.1 million... Read More.

New soybean traits attracting costumers

The vice president of product management with Benson Hill says end users are seeking more from their soybeans. Aaron Robinson tells Brownfield… “Soybean varieties that have either ultra-high protein, low oligosaccharides, anti-nutrients, improved feed quality, improved oils for food applications, as well as products... Read More.

Organic dairy assistance deadline extended

The USDA is extending the application period for dairy farmers to enroll in marketing assistance for this year. Producers now have until December 13th to sign up for the Farm Service Agency’s Organic Dairy Marketing Assistance Program. The $58 million available will provide cost-chare... Read More.
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