Soybeans were mixed, with nearby contracts up and deferred months down, lessening the weekly losses in those nearbys. Beans have spent the week buying the rumor, selling the fact on export demand from China. There were no new sales reported by the USDA Friday morning. Flooding has delayed planting in parts of Argentina. Still, overall,…… Continue Reading
Cattle futures fall ahead of the USDA’s on feed update
Chicago Mercantile Exchange live and feeder cattle were lower ahead of the USDA’s Cattle on Feed report, which was out after the close. Placements and marketings were both at the low end of estimates. December live was down $.27 at $214.45 and February was $.62 lower at $214.77. January feeders were $2.15 lower at $314.22…… Continue Reading
Cattle placements drop in first post-shutdown on feed update
The USDA’s November cattle on feed numbers were mostly towards the low end of pre-report estimates. Placements were the lowest for the month since the series of reports started, dropping 10% on the year due to the tight supply of ready numbers. Most of those cattle placed during October weighed less than 800 pounds. October…… Continue Reading
Closing Grain and Livestock Futures: November 21, 2025
Dec. corn $4.25 and 1/2, down 1 centJan. soybeans $11.25, up 2 and 1/2 centsDec. soybean meal $315.10, up $1.10Dec. soybean oil 50.26, down 40 pointsDec. Chicago wheat $5.27, unchangedDec. live cattle $214.45, down 27 centsJan. feeder cattle $314.22, down $2.15Dec. lean hogs $77.80, down $1.67Dec. Class III milk closed at $16.15, down 17 centsDec.…… Continue Reading
Milk futures lower, cash dairy mostly lower
December Class III milk futures on the Chicago Mercantile Exchange down 31 at $16.32. January down 21 at $15.38. February 23 lower at $15.63. March through May contracts 3 to 23 lower. Dry whey down $0.02 at $0.76 Blocks down $0.01 at $1.55 Barrels down $0.0225 at $1.5825 Butter unchanged at $1.4775 Nonfat dry milk…… Continue Reading
U.S. soybean crush growth ‘unrealistic’ fix for lost China demand
A global strategist with Rabobank says an increased domestic soybean crush won’t replace the lost demand from China. Stephen Nicholson says it’s an unrealistic expectation. “While it’s good to see, the framework that came out with China, there’s a lot of uncertainty still, it’s not written in stone.” Nicholson says China has been silent about…… Continue Reading
Trade aid update: USDA says final decision pending
The Under Secretary of Farm Production and Conservation at the USDA says conversations are still happening about trade aid. Richard Fordyce tells Brownfield… “It’s going to be a well informed decision based on data that we have access to related to a whole bunch of things, whether that’s, you know, trade activity, prices, you know…… Continue Reading
Ag Director highlights USMCA’s role in expanding market access
The Nebraska Director of Agriculture says the United States-Mexico-Canada trade agreement could create new market opportunities for farmers. Sherry Vinton says the deal has benefited every country including the U.S. “We have a net positive trade balance with Mexico. We send way more there than we import especially for our state. Sometimes in amounts…… Continue Reading
Industry warns of crisis: U.S. sugar growers need immediate action as losses mount
Abundant global supplies and limited trade policies have put the U.S. sugar industry on the brink. Luther Markwart with the American Sugar Alliance tells Brownfield input costs for American farmers have increased 30 percent in the past four years, while sugar prices have only deteriorated, partially because of Brazilian import dumping. “We’re losing hundreds of…… Continue Reading
Cattle market strength spills into farmland values, expert says
Record high beef prices are driving up values for pasture and rangelands. Cole Nickerson, area sales manager with Farmers National Company, says strength in the cattle market is supporting farmland values. “Our very strong and robust cattle market is helping pasture land, and we’re even seeing that trickle over into cropland values in those areas…… Continue Reading
