Closing Grain and Livestock Futures: June 12, 2025

Jul. corn closed at $4.38 and 1/2, up 1 and 1/2 centsJul. soybeans closed at $10.42 and 1/4, down 8 and 1/4 centsJul. soybean meal closed at $294.50, up 30 centsJul. soybean oil closed at 47.61, down 41 pointsJul. wheat closed at $5.26 and 1/2, down 7 and 3/4 centsAug. live cattle closed at $216.95,…Continue Reading

SAF tax credit, digester bills pass committees

Michigan lawmakers have moved forward with bills that could benefit crop and livestock farmers in the state. A bipartisan sustainable aviation fuel tax credit program was passed unanimously this week by the Senate Natural Resources and Agriculture Committee. Co-sponsor Sam Singh says a substitute makes clarifications as recommended by the Department of the Treasury and,…Continue Reading

Ethanol industry continues developing carbon credits for farmers

The CEO of the American Coalition for Ethanol says the industry is continuing to develop programs that reward farmers for adopting climate smart ag practices. Brian Jennings says there’s significant demand for low carbon ethanol from some of America’s largest trading partners. “Around the world, the environmental attributes of ethanol are still really critically important.…Continue Reading

Iowa farmer utilizes virtual fencing

An Iowa farmer says virtual fencing has helped manage his operation more efficiently. Adam Ledvina (lead-veen-uh) uses Nofence for his 1,000 head of goats. He tells Brownfield it has been a game changer. “We can just drop the goats off, not set up the fencing, save a lot of labor, save a lot of time,”…Continue Reading

Bessent commits to a robust 45Z tax credit

U.S. Treasury Secretary Scott Bessent took questions on tax provisions in the One Big Beautiful Bill Act as he met with the Senate Finance Committee on Thursday. The House’s version would extend the Clean Fuel Production Credit, known as 45Z, for four years. It’s unclear how the Senate will address the tax credit. Bessent told…Continue Reading

Farm Bureau continues push for milk check transparency

New federal milk marketing order rules are in place, but the battle to improve milk check transparency continues.  American Farm Bureau Federation economist Danny Munch tells Brownfield some milk check accountability practices are already required for independent handlers, but not cooperatives, and USDA did not include this in the hearing process. “Farm Bureau and some…Continue Reading

Cotton ending stocks down, rice mixed

The USDA expects tighter old and new crop domestic cotton supplies. The old crop cotton carryout was cut 400,000 bales to 4.4 million on an increase for exports, with new crop down 900,000 to 4.3 million on those lower beginning stocks and a reduced production guess due to excessive moisture and delayed planting in some…Continue Reading

Yes, tar spot already

A plant disease researcher says conditions are right for early corn tar spot infections. Dr. Damon Smith with the University of Wisconsin says, “A couple of my colleagues have already reported tar spot in their states. Kansas, and then Indiana.” Smith tells Brownfield the Indiana case is on some young corn no-till planted after corn…Continue Reading

Catering to consumers keeps Carpenter Farms in the family

A young farmer says adding an agritourism venture has been a gateway to ownership. Abby Vittore tells Brownfield, “There are tons of young farmers that still carry a full-time job outside of their farm because they can’t make ends meet.” Her family’s fifth-generation crop farm in southeast Michigan opened a corn maze and other fall…Continue Reading

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