Farm News

Milk futures mixed, cash dairy steady to higher Thursday

Thursday, August 15

September Class III milk futures on the Chicago Mercantile Exchange closed 4 lower at $21.30. October down a penny at $21.65. November 4 higher at $21.17. December through February contracts unchanged to 6 higher. Dry whey unchanged at $0.56 Blocks up $0.0725 at $2.10...

Illinois Soil & Water Conservation Districts announce new funding sources

Thursday, August 15

The executive director of the Association of Illinois Soil & Water Conservation Districts (AISWCD) says four new partnerships are set to bring nearly $17 million in new funding over the next five years. Michael Woods says the agreements with the Natural Resources Conservation Service...

Alford: the uncertainty of the farm bill is in the U.S. Senate

Thursday, August 15

Optimism remains in the U.S. House to advance a farm bill by the end of September, but it’s unclear what will happen in the U.S. Senate. U.S. Congressman from Missouri Mark Alford tells Brownfield the U.S. House is still likely to vote on a...

Closing Grain and Livestock Futures: August 15, 2024

Thursday, August 15

Sep. corn closed at $3.75, down 6 centsSep. soybeans closed at $9.51 and 1/2, down 3/4 centSep. soybean meal closed at $307.90, up $2.80Sep. soybean oil closed at 39.47, down 54 pointsSep. wheat closed at $5.28 and 1/4, down 6 and 1/2 centsOct. live...

Work on new state fair arena to start soon

Thursday, August 15

The Missouri State Fair is getting a new indoor arena and work on the project is expected to start after the fair. Missouri State Fair Executive Director Jason Moore says the new 150,000 square foot arena has been years in the making and “it...

Down day for corn, wheat

Thursday, August 15

Soybeans were mixed, mostly firm. Beans consolidated, drifting slightly after spending most of the session in solidly positive territory, watching development weather, which looks mostly favorable. Parts of the region have seen rain this week and could see more ahead of what’s expected to...

ACE CEO says more hurdles ahead for U.S. ethanol

Thursday, August 15

The CEO of the American Coalition for Ethanol says there are several hurdles ahead for the ethanol industry. Brian Jennings tells Brownfield he wants Congress to update the Clean Air Act during the lame duck session to set permanent standards for E-15. “We can...

Western Corn Belt pasture conditions variable

Thursday, August 15

A climatologist says pasture conditions have been mixed across the parts of the Western Corn Belt and Great Plains. Eric Hunt with the University of Nebraska-Lincoln says, “Pretty stressed pasture conditions across Wyoming, western Nebraska, western South Dakota, and western North Dakota,” Hunt said....

Hinson lauds USDA, USTR amid Mexican GM corn dispute

Thursday, August 15

U.S. Congresswoman Ashley Hinson says she’s optimistic Mexico’s ban on genetically modified corn imports could be overturned before the end of the year. “We will continue to push and make sure that there is hopefully the outcome we’re wanting for our producers.” In a...

Iowa crop conditions mixed, Naig says

Thursday, August 15

Iowa Ag Secretary Mike Naig says there’s a lot of variability in the state’s corn and soybean crops. “I think we’re going to see everything from folks that will tell you one of the worst yields they have ever seen to folks that will...

LMR Live Cattle Data Dashboard now available

Thursday, August 15

The USDA’s Livestock Mandatory Reporting Live Cattle Data Dashboard is now available. The tool, announced earlier this year, provides cattle producers with enhanced insight on the markets to help foster a fairer and more competitive marketplace. It includes actual net premiums and discounts paid...

Southern Illinois wheat yields up, profits down

Thursday, August 15

Southern Illinois wheat farmers say 2024 was a good year in the field for most. Eric Brammeier, who farms in Washington County, says some farmers saw near record yields. “Excellent yields.” He says, “Eighty-five plus, you know, some 120 yields were recorded.” State Representative...