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Soybeans, wheat see midweek losses

Soybeans were lower on fund and technical selling. The trade continues to monitor harvest activity in South America which is advancing in Argentina and nearing the 75% mark for Brazil. The USDA’s next supply, demand, and production report and CONAB’s updated outlook for Brazil... Read More.

Chinese ship fees disproportionally impact agriculture

The Agriculture Transportation Coalition’s Executive Director says a proposal before the U.S. Trade Representative’s Office would be devastating for exports. Peter Friedman calls proposed penalties under the Trade Act an effort by labor unions to resurrect U.S. shipbuilding, which he says has been obsolete... Read More.

A whole day dedicated to trade

Indiana Governor Mike Braun proclaimed March 19th as Indiana Ag Trade Day to emphasize the importance of exports to the state’s ag industry.  Indiana director of agriculture Don Lamb tells Brownfield… “Almost 25% of our commodity products are exported and so it is a really... Read More.

Ag has a big impact on the economy, despite challenges

The ag industry contributes more than $9.5 trillion to the U.S. economy, according to the ninth annual Feeding the Economy report. John Bode is CEO of the Corn Refiners Association, one of the 36 food and agriculture groups that sponsor the report.  “Agriculture and... Read More.

Broiler sets drop on week, but stay ahead of last year

Broiler hatchery numbers were mixed on the week while maintaining their faster than 2024 pace. The USDA says 249.95 million broiler-type eggs were set into incubators, falling 2.344 million on the week, but rising 1% on the year with average hatchability at 78.7%. 191.677... Read More.

Brazil on track for record soybean crop

Brazil remains on track to produce a record soybean crop in 2025. Iowa State University Extension economist Chad Hart says the South American country continues to build production capacity. “They’ve been adding land, but also they’re seeing the same yield trends that we’re seeing... Read More.

Trump tariffs a concern for ag

President Trump’s latest round of tariffs has agriculture groups concerned. Virginia Houston with the American Soybean Association says soybeans and soy farmers have been the poster child of the trade wars.  She says when President Trump levied Section 301 tariffs against China in 2018,... Read More.

USDA’s NASS to reinstate July Cattle report

The USDA’s National Ag Statistics Service has announced it will reinstate several previously suspended reports and programs, including the July Cattle Inventory report. Oklahoma State University extension livestock marketing specialist Derrell Peel says given the current cattle cycle, this is good news. “Getting that... Read More.

Ethanol production rebounds

U.S. ethanol production bounced back last week. The U.S. Energy Information Administration says production 1.105 million barrels per day, rising 43,000 on the week and 59,000 on the year. That increase in production can be tied to better returns. Iowa State University’s Center for... Read More.

Cash dairy prices mixed again Wednesday

Cash dairy prices were mixed again Wednesday on the Chicago Mercantile Exchange.    Dry whey was up $0.01 for a second straight day at $0.47.  One sale was recorded at that price.  Forty-pound cheese block prices have stopped their week-long backslide.  Prices were up $0.03... Read More.