At the Chicago Mercantile Exchange, live cattle were up, feeders were mixed, waiting for the rest of the week’s direct business to develop. October live cattle closed $.97 higher at $231.15 and December live cattle closed $1.50 higher at $232.67. October feeder cattle closed $.47 higher at $350.40 and November feeder cattle closed $.60 lower…… Continue Reading
Soybeans were lower on fund and technical selling. The trade is getting ready for Friday’s USDA numbers, expecting a slight cut in yield. The lack of new crop export demand from China continues to be a big concern. The USDA’s weekly U.S. sales numbers are out Thursday morning. With the trade expecting only a minor…… Continue Reading
A digital ag specialist with the University of Illinois Extension says the farm of the future may have an updated “man’s best friend.” Dennis Bowman says researchers are currently examining the usefulness of robo-dogs on livestock operations. “With sensors, you could send it out into the pasture to do an inventory of your animals.” He…… Continue Reading
An ag economist at Ohio State University says the ag trade deficit reached its peak in July and it’s spurring concerns about the future of U.S. ag exports. Ian Sheldon says ongoing trade tensions with China are impacting the bottom line for producers. “That’s putting quite a bit of downward pressure on soybean prices,” he…… Continue Reading
Sugarbeet growers have dealt with several diseases this growing season. Andy Finkral with ACH Seeds says a wet summer in many locations resulted in some root rot. “And there are several different root rots that affect sugarbeet production, but all of them can really develop more in excessive moisture environments. And those are Rhizoctonia root…… Continue Reading
USDA’s new Undersecretary for Trade and Foreign Agricultural Affairs says potential trading partners are coming to the bargaining table. Luke Lindberg tells Brownfield even after four years with no new trade agreements under President Biden, it has not been difficult to get negotiations started. He says the Trump administration has been aggressive at working on…… Continue Reading
Dec. corn $4.17, down 2 and 3/4 centsNov. soybeans $10.25 and 1/4, down 6 centsOct. soybean meal $283.50, down $4.20Oct. soybean oil 50.47, up 54 pointsDec. Chicago wheat $5.15, down 5 and 1/4 centsOct. live cattle $231.15, up 97 centsOct. feeder cattle $350.40, up 47 centsOct. lean hogs $96.82, up 70 centsOct. Class III milk…… Continue Reading
The Michigan House of Representatives’ recently passed budget would eliminate funding for key agricultural programs if approved. Kevin Gould is the Michigan Cattlemen’s Association president and a retired Michigan State University Extension educator. “Over the years, budgets have been tight on the animal lag side at the university, and we’re really at a critical mass…… Continue Reading
U.S. broiler producers remain on pace to produce more chicken in 2025 than 2024. The USDA says 247.979 million broiler-type eggs were set into incubation, dropping 2.159 million on the week, but rising 2% on the year, with average hatchability holding just below 80%. 194.076 million broiler-type chicks were placed into meat production, down 188,000…… Continue Reading
The Indiana State Department of Agriculture is emphasizing the importance of soil testing. Director Don Lamb says it’s critical to nutrient management. “It’s a cost saving measure,” he says. “It can be a yield enhancement if you have areas that aren’t getting enough nutrients. It can also be a benefit to the environment.” He tells…… Continue Reading
