U of I Farm Assets Conference
Brownfield’s Jared White covers the U of I Farm Assets Conference in Champaign, IL.
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Farm News
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Temps, weather continue to vary across the Heartland; increasing wind for most
Across the Corn Belt, light snow is confined to portions of the Great Lakes region. Elsewhere, breezy weather prevails in advance of an approaching cold front. Despite gusty winds, many Midwestern producers continue to take advantage of relatively open weather to perform farm maintenance...
Yield Results and Trait Package Selection
Farmers should evaluate challenges they faced this year when making seed selections for 2025. In this Managing for Profit, Iowa-based Channel Seed-Pro, Lauren Botine, says local harvest data should factor into trait package selection.
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A gradual moderating trend in temperatures ahead next week across the Heartland
Looking ahead, the 6- to 10-day outlook calls for the likelihood of warmer-than-normal weather in the western and central U.S. and across Florida’s peninsula, while near-normal temperatures will cover most areas east of the Mississippi River. Meanwhile, near- or above normal precipitation across most...
Cutting costs on farmers’ minds
An agricultural economist at the University of Illinois says low farm incomes have farmers looking at ways to save. Gary Schnitkey says income projections for the foreseeable future are not good. “And in fact, we’re projecting some negative incomes from many farms,” he says....
Indiana Senator urging U.S. intervention with Colombia over potential subsidies investigation
A U.S. Senator from Indiana says reports that Colombia is considering an investigation into U.S. corn subsidies is concerning. Republican Todd Young says Colombian officials are misguided in their assertion the subsidies aren’t consistent with the existing trade agreement between the two countries. “My...
Murphy family farming business to be re-established
An agreement between Murphy Family Ventures and Smithfield will allow the Murphy family to return to independent pork production. In a news release, Smithfield says the agreement establishes a Murphy-owned farming business with capacity to produce approximately 3.2 million hogs annually for Smithfield’s fresh...
Cattle futures higher ahead of direct business
At the Chicago Mercantile Exchange, live and feeder cattle were sharply higher ahead of the week’s direct cash business. February live cattle closed $1.15 higher at $189.07 and April lives closed $1.02 higher at $191.15. January feeders closed $2.45 higher at $259.30 and March...
NASDA CEO discusses policy priorities under incoming Trump admin
Brownfield stock photo: Brownfield’s Brent Barnett (right) interviews NASDA CEO Ted McKinney in Cheyenne, Wyoming The CEO of the National Association of State Departments of Agriculture says he doesn’t anticipate any changes in their 2025 policy priorities despite a new incoming administration. Ted McKinney...
Closing Grain and Livestock Futures: December 3, 2024
Mar. corn closed at $4.32 and 1/4, down 1/4 centJan. soybeans closed at $9.91 and 3/4, up 6 and 1/2 centsJan. soybean meal closed at $290.40, up $2.50Jan. soybean oil closed at 42.14, up 72 pointsMar. wheat closed at $5.47 and 1/2, up 1/4...
Milk futures lower, cash dairy mixed Tuesday
December Class III milk futures on the Chicago Mercantile Exchange down a penny at $18.51. January 3 cents lower at $18.22. February down six at $18.55. March through May milk futures steady to 8 cents lower. Dry whey down $0.0025 at $0.7250 Barrels up...
IRFA stresses need for carbon pipeline projects
The head of the Iowa Renewable Fuels Association says carbon pipelines will be critical to the future of ethanol production. Monte Shaw tells Brownfield many markets are asking for “super” low-carbon ethanol. “The single most easy, most cost-effective way to lower the carbon of...
