ABA says next farm bill must raise loan limits to meet modern ag costs

The American Bankers Association says the next farm bill will be critical for the farm financial outlook. ABA’s Ed Elfmann tells Brownfield the legislation needs to increase the size of guaranteeing loan limits. “They are currently too low for modern agriculture,” he said. “They are $1.75 million in statute, but are really about $2.25 million…Continue Reading

Producers battling Theileria losses might qualify for Livestock Indemnity Program

Cattle producers experiencing losses from a tick-borne parasite could qualify for the Livestock Indemnity Program. University of Missouri Extension Veterinarian Craig Payne says dealing with Theileria can be costly, and financial assistance can help farmers rebuild. The post Producers battling Theileria losses might qualify for Livestock Indemnity Program appeared first on Brownfield Ag News.     Continue Reading

Cattle futures higher ahead of direct business

Cattle futures higher ahead of direct business

At the Chicago Mercantile Exchange, live and feeder cattle were up, with boxed beef higher during the session, waiting on direct business to develop. February live cattle closed $1.10 higher at $221.90 and April live cattle closed $.97 higher at $223.40. January feeder cattle closed $1.97 higher at $331.85 and March feeder cattle closed $1.87…Continue Reading

Closing Grain and Livestock Futures: December 3, 2025

Mar. corn $4.43 and 1/2, down 6 and 1/2 centsJan. soybeans $11.15 and 3/4, down 9 centsJan. soybean meal $311.30, down 30 centsJan soybean oil 51.67, down 101 pointsMar. Chicago wheat $5.38 and 1/4, down 2 and 3/4 centsFeb. live cattle $221.90, up $1.10Jan. feeder cattle $331.85, up $1.97Feb. lean hogs $81.00, up 82 centsJan.…Continue Reading

Naig cautious, but optimistic about U.S.-China discussions

Iowa’s ag secretary says recent U.S.-China trade discussions have brought some cautious optimism to the ag industry. Mike Naig says a trade framework is good news, but more details are needed. “I want to be clear, trust but verify,” he said. “We certainly take it as good news at the highest levels. We’re talking about…Continue Reading

Playlist