Farm News

Closing Grain and Livestock Futures, March 3, 2025

Monday, March 3

May corn closed at $4.56 and 1/4, down 13 and 1/4 centsMay soybeans closed at $10.11 and 1/2, down 14 and 1/4 centsMay soybean meal closed at $298.00, down $2.20May soybean oil closed at 43.49, down 63 pointsMay wheat closed at $5.47 and 3/4,... Read More.

Eminent domain bill advances to SD Senate

Monday, March 3

A bill banning the use of eminent domain for carbon pipelines in South Dakota will advance to the Senate floor. On Monday, the South Dakota Senate State Affairs Committee voted House Bill 1052 out of committee and it’s expected to be heard in the... Read More.

Michigan Beef doubles its impact

Monday, March 3

The Michigan Industry Beef Commission says additional funding has brought new life into consumer outreach efforts. Executive Director George Quackenbush tells Brownfield, “We can’t fund our programs and market our beef effectively in today’s world with the funding model that’s 40 years old.” “It has... Read More.

Soybeans, corn, wheat down, waiting for tariffs

Monday, March 3

Soybeans were lower on fund and technical selling. Brazil’s harvest is moving forward and there were beneficial weekend rains in parts of Argentina. New tariffs against key U.S. trading partners are set to start Tuesday, that includes Canada, Mexico, and China. Soybean export inspections... Read More.

New farmer survey shows deep concern for future of crop protection

Monday, March 3

A new survey from the Modern Ag Alliance says farmers remain concerned about crop protection availability. Executive director Elizabeth Burns-Thompson says the crop protection industry is under attack. “There really is a concern about what the growing amount of litigation facing agriculture means for... Read More.

January soybean crush, corn for ethanol up on year

Monday, March 3

The U.S. soybean crush during January was one of the largest on record. The USDA says 213 million bushels of beans were crushed to start 2025, down 5 million from December’s all-time high for any month, but above the high end of estimates and... Read More.

Rollins comments on USDA job cuts at Commodity Classic

Monday, March 3

Ag Secretary Brooke Rollins says USDA continues to evaluate President Trump’s job cuts within the agency. “This is an extremely aggressive effort that I fully support, but in being so aggressive there will be mistakes made and there have been mistakes made.” Speaking to... Read More.

Optimistic outlook for U.S. ethanol exports

Monday, March 3

A director for the Wisconsin Corn Promotion Board says he sees a favorable outlook for U.S. ethanol exports. Shane Goplin says he expects momentum from 2024 to continue through 2025. “We have to increase our production. Well, we have to find a home for... Read More.