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Closing Grain and Livestock Futures: April 4, 2025

May corn closed at $4.60 and 1/4, up 2 and 3/4 centsMay soybeans closed at $9.77, down 34 and 1/2 centsMay soybean meal closed at $283.10, down $4.90May soybean oil closed at 45.84, down 1.22 pointsMay wheat closed at $5.29, down 7 centsJun. live... Read More.

Soybeans tumble following retaliatory tariff announcement

Soybeans closed sharply lower as the market was under significant pressure following China’s announcement of retaliatory tariffs.  May contracts closed 34 and 1/2 cents lower at $9.77.  Like many of the commodities, the immediate impacts will be unknown, but there are concerns that a... Read More.

Cattle, hog futures drop amid tariff concerns

At the Chicago Mercantile Exchange, live and feeder cattle were sharply lower as the market grapples with demand uncertainty following retaliatory tariff announcements from China. June live cattle closed $6.50 lower at $198.20 and August lives closed $6.47 lower at $194.70.  May feeder cattle... Read More.

New HPAI case confirmed in Wisconsin

Wisconsin has its first case of highly pathogenic avian influenza for 2025. The Department of Agriculture, Trade, and Consumer Protection says a commercial poultry farm in Sheboygan County has been affected by the virus.  Forty-thousand egg laying chickens with the H5N1 virus will be... Read More.

Proposed legislation offers long-term SWCD funding solution

The executive director of the Association of Illinois Soil & Water Conservation Districts (AISWCD) says a new proposal in the General Assembly offers a potential long-term funding solution for local districts. Eliot Clay tells Brownfield the bill would impose a new per acre fee... Read More.

Dairy genetic evaluation reset reflects component gains

An economist says dairy cattle genetics have made major strides over the past five years. Corey Geiger with CoBank says since 1965, the Council on Dairy Cattle Breeding has regularly adjusted genetic base evaluations to reflect progress. “Butterfat in Holsteins will shift by 45 pounds, and protein by... Read More.

February dairy product production mostly lower

Production was down for most dairy products in February.  USDA’s monthly report shows the only products with more production were frozen yogurt, which was up 2.7% from February of last year and butter, which was 2.6% higher than a year ago.  Butter production did... Read More.

Cash rents could put farmers into the red

An ag economist says farm incomes could be negative for growers who rent a larger portion of their land. Gary Schnitkey with the University of Illinois tells Brownfield farmers could lose about $70 per acre given current commodity prices and an average cash rent of $340... Read More.

Some farmland sales eclipsing $20K per acre this spring

A farm real estate specialist says there have been some milestone farmland sales popping up across parts of the Midwest. Jim Rothermich with Iowa Appraisal says a 160-acre farm in northwestern Iowa recently sold for more than $21,000 per acre. “That’s one way to... Read More.

Don’t wait until April 15th to make ARC and PLC decisions

An ag economist at the University of Illinois says farmers shouldn’t wait until the deadline to enroll in risk management programs. Nick Paulson says considering this year’s commodity price expectations will help farmers choose between agriculture risk coverage or price loss coverage. “Every day... Read More.