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Closing Grain and Livestock Futures: October 18, 2024

Dec. corn closed at $4.04 and 3/4, down 2 centsNov. soybeans closed at $9.70, down 18 and 3/4 centsDec. soybean meal closed at $315.60, down $2.50Dec. soybean oil closed at 41.82, down 77 pointsDec. wheat closed at $5.72 and 3/4, down 16 and 3/4... Read More.

Riceville-to-Riceville hurricane relief

Being the namesake of a small town in north Iowa helped spark an effort to help victims of Hurricane Helene in Riceville, North Carolina. Ruth Meirick is the foundation director for Minnesota Farm Bureau and says she felt compelled to help those impacted as... Read More.

Pioneer agronomist discuss harvest timeline, yield reports

An agronomy expert says he has high expectations for the 2024 harvest season. “Beans are really wrapping up and honestly corn will be finishing up here fast as well,” said Brandon Walter with Pioneer. Walter says the harvest pace has been exceptionally quick, and... Read More.

Soybeans, corn, wheat see daily, weekly losses

Soybeans were lower on fund and technical selling, along with the drop in crude oil, cementing a big weekly decline. Soybeans continue to monitor U.S. harvest weather and South American planting conditions. Weekly sales were solid at 62.6 million bushels with China and Egypt... Read More.

Cattle futures higher to end the week

At the Chicago Mercantile Exchange, live and feeder cattle were up following the steady to higher cash business. December live cattle closed $1.15 higher at $187.32, and February live cattle closed $1.15 higher at $188.12. November feeder cattle closed $1.85 higher at $247.60, and... Read More.

Delta farmers ask Boozman for new farm bill and disaster relief

The ranking member of the Senate Agriculture Committee says at a recent roundtable, Mississippi Delta farmers asked him to prioritize a new farm bill and disaster relief package in the lame duck session of Congress. John Boozman says challenging commodity prices and higher input... Read More.

Some acreage shifts anticipated for southern crops in 2025

An extension ag economist says he’s expecting some acreage shifts for southern crops in 2025. “There’s a lot to consider. What input costs do and the price of competing crops.” Scott Stiles at the University of Arkansas says cotton prices have declined a lot... Read More.

Variability at harvest for soybeans, corn, sunflowers in NW MN

A farmer in northwest Minnesota says there’s been some good soybeans this fall, but there’s also variability in fields caused by early season moisture. Kevin Capistran tells Brownfield “I went to my next field and it was yielding more in the mid-40 bushels/acre. I... Read More.

Take long view when making 2025 soybean plans

An extension soybean agronomist cautions growers not to allow this season’s challenges to have too much influence on decisions for next year. Seth Naeve with the University of Minnesota says it’s important to take a long-term approach. “We live and die by each year,... Read More.

Rain chances minimal as dry conditions continue for Corn Belt

Dry conditions continue across the upper Midwest. Eastern Nebraska farmer Chris Clausen tells Brownfield… “We haven’t had a significant rainfall since the beginning of August and we’ve had less than two and half inches since the 4th of July.” University of Nebraska climatologist Eric... Read More.

CME cash dairy market mixed Friday

Cash dairy prices were mixed Friday on the Chicago Mercantile Exchange with the exception of block cheese.  Dry whey was up $0.0075 at $0.6025.  Six sales were recorded, ranging from $0.5975 to $0.60  Forty-pound cheese blocks unchanged at $1.9250.  No sales were recorded.  Cheese barrels were... Read More.

U.S. export sales mostly up on week

The USDA is reporting a generally strong week for U.S. export sales. Several key commodities saw solid improvements during the week ending October 10th, including corn, soybeans, wheat, sorghum, cotton, and beef, along with a marketing year high for rice. Pork sales did slip... Read More.