Agriculture News
Call Your Shot
AgWebFri May 3, 6:28PM CDT
Gulke: Is Weather Really Driving the Grain Rally
AgWebFri May 3, 5:40PM CDT
Illinois farmer says soybeans planted in late February “look fantastic”
Brownfield Ag NewsFri May 3, 5:00PM CDT
A central Illinois farmer says soybeans he planted in late February look great. Brad Wade of McLean tells Brownfield 40 acres were planted on the 27th, more on the 29th, and the rest of the crop was in by mid-March. “First trifoliate is coming out, it just couldn’t look better....
CME milk futures, cash dairy markets finish week higher
Brownfield Ag NewsFri May 3, 4:28PM CDT
Milk futures and cash dairy prices were higher Friday on the Chicago Mercantile Exchange. June Class III milk was up $0.31 at $19.21. July was up $0.21 at $19.26. August was up $0.10 at $19.29. September was up $0.05 at $19.29. October through December contracts ranged from four cents higher...
Be careful using Commodity Credit Corporation funds for farm bill
Brownfield Ag NewsFri May 3, 4:12PM CDT
The ranking member of the Senate Ag Appropriations Subcommittee says lawmakers should be cautious using the Commodity Credit Corporation to fund part of the new farm bill. John Hoeven told reporters at the National Association of Farm Broadcasting’s Washington Watch “when it comes to our farmers and ranchers and when...
Rains improve dry soils, more rain needed in growing season
Brownfield Ag NewsFri May 3, 3:56PM CDT
The director of USDA’s Midwest Climate Hub says the spring rains have improved soil moisture across the Corn Belt more than he was expecting, but drought isn’t over yet. Dennis Todey says “there are deeper soil profile issues and we also have some groundwater issues that are ongoing.” Todey says...
Container ships can move through Port of Baltimore
Brownfield Ag NewsFri May 3, 3:56PM CDT
The chief ag negotiator in the Office of the U.S. Trade Representative says the first container ship has made it through the Port of Baltimore. A bridge collapse at the end of March has slowed the traffic going in and out of the port and Doug McKalip says “we had...
River investments touted as U.S. competitive advantage
Brownfield Ag NewsFri May 3, 3:56PM CDT
Expansions to the U.S. Inland Waterway system will continue to provide a competitive advantage for American farmers on the global market. Lock and Dam 25 on the Mississippi River, just north of St. Louis, is one of seven U.S. locks slated to expand in the coming years. Stan Born, Illinois...
Eminent domain bill passes Missouri House
Brownfield Ag NewsFri May 3, 3:56PM CDT
The Missouri House has approved a bill to ban companies from using eminent domain to take private property to develop wind and solar farms. Democrat Peter Merideth from eastern Missouri says the bill puts up a fight with wind and solar energy companies. “I don’t feel comfortable singling out wind...
Live cattle futures mostly higher, feeders mixed to end the week
Brownfield Ag NewsFri May 3, 3:40PM CDT
At the Chicago Mercantile Exchange, live cattle were mostly higher watching Friday’s direct business take place. Feeders were mixed, with some pressure from the mostly higher move in corn. June lives closed $.12 lower at $176.67 and August lives closed $.62 higher at $175.57. August feeders closed $.47 lower at...
Closing Grain and Livestock Futures: May 3, 2024
Brownfield Ag NewsFri May 3, 3:24PM CDT
Jul. corn closed at $4.60 and 1/4, up 1/2 centJul. soybeans closed at $12.15, up 16 centsJul. soybean meal closed at $372.20, up $7.30Jul. soybean oil closed at 43.08, down 16 pointsJul. wheat closed at $6.22 and 1/2, up 18 and 1/4 centsJun. live cattle closed at $176.67, down 12...
Soybeans, corn up Friday, also higher on week
Brownfield Ag NewsFri May 3, 3:08PM CDT
Soybeans were higher on fund and technical buying, adding to the week’s gains. Most forecasts have more planting delaying rain in the U.S. and further harvest delays in Argentina and southern Brazil, which are also impacting quality. There is also a chance of flooding in parts of southern Brazil outright...
Grains Supported by Weather, Fund Short Covering: What Will it Take to Sustain the Rally?
AgWebFri May 3, 3:00PM CDT
Weather continues to slow planting progress
Brownfield Ag NewsFri May 3, 2:52PM CDT
A southwestern Indiana farmer says weather has continued to be a problem this planting season. Ben Kron says he has concerns about yield loss. “The later we get, it definitely affects it,” he says. “I mean on beans, anything after about the fifteenth of April, you’re losing half a bushel...
A framework is not a farm bill
Brownfield Ag NewsFri May 3, 2:04PM CDT
An agriculture lobbyist says the introduction of farm bill frameworks doesn’t guarantee passage of the legislation any time soon. Ohio Corn and Wheat’s Director of Public Policy Luke Crumley tells Brownfield the Congressional process is still in its early stages. “The process is incredibly frustrating,” he says. “This is a...