Chicago Mercantile Exchange live and feeder cattle futures were sharply higher, supported by the cash and wholesale business during the session. Feeders picked up additional support from the modestly lower move in corn. June live was up $1.60 at $215.52 and August was $1.90 higher at $210.07. August feeders were $4.30 higher at $299.92 and…… Continue Reading
Trade negotiations will affect some ag prices
A market analyst says active trade negotiations could weigh on U.S. cotton and rice prices in the next few months. “The trade deals are going to be much more important this year than prevent plant on price.” Jody Lawrence with Strategic Trading Advisors says the U.S. cotton industry is watching for a trade deal with…… Continue Reading
Corn behind schedule in MO Bootheel
A farmer in the Missouri Bootheel says corn planting remains behind schedule due to the excessively wet spring. “It’s been a frustrating spring, that’s for sure.” Hudson Byrd, who farms in Mississippi County, tells Brownfield “there’s been a lot of corn planted in the last two weeks. And there was a lot of replant in…… Continue Reading
Fieldwork to-do list growing as rain continues
A farmer in northeast Arkansas has been waiting weeks for a long stretch of warm, dry weather to plant soybeans. “We just need some windows. All we need right now are some windows we haven’t had.” Tommy Young says it’s rained almost every day this month. And that’s not only delayed soybean planting, but complicated…… Continue Reading
ASA director says MAHA report contains some unwelcome “surprises”
An American Soybean Association board director has some concerns about the Make America Healthy Again Commission report. Jamie Beyer, who farms in west-central Minnesota, says there were some unwelcome surprises regarding certain crop protection tools. “That we have relied on for decades (that) in our opinion have a tried and true safety record, and we…… Continue Reading
Farmers holding onto old crop grain
An extension ag economist says there’s a sizeable amount of unsold old crop in storage across Missouri. Ben Brown says farmers have been waiting on better prices. “And I think end users across much of Missouri are mostly covered for the summer months,” he says. “As we get around to August, there’s the expectation of…… Continue Reading
A little rain goes a long way for wheat
The executive director of the South Dakota Wheat Commission says recent rains have helped improve wheat quality in the state. Jonathan Kleinjan says “we were kind of on the dry side most of the spring and then, 10 days to two weeks ago, we started getting rain. In central South Dakota, the wheat belt got…… Continue Reading
Closing Grain and Livestock Futures: May 29, 2025
Jul. corn closed at $4.47, down 4 centsJul. soybeans closed at $10.51 and 3/4, up 3 and 1/4 centsJul. soybean meal closed at $296.40, up $2.70Jul. soybean oil closed at 48.39, down 54 pointsJul. wheat closed at $5.34, up 3 and 3/4 centsJun. live cattle closed at $215.52, up $1.60Aug. feeder cattle closed at $299.92,…… Continue Reading
Wheat research increasing production; funding critical
A small grains breeder at the University of Illinois says new studies show investment into wheat research is paying off. Dr. Jessica Rutkoski says modern wheat varieties are improving. “We’re every year getting better and better and through our breeding efforts the yield has been improving within our program by half a bushel per acre…… Continue Reading
Scout for signs of wheat diseases
A plant pathologist says farmers need to keep an eye on winter wheat as heads emerge. Dr. Damon Smith with the University of Wisconsin tells Brownfield the fungus that causes head scab likes moisture and warmer temperatures, which are in the weather forecast. “I think folks should really be out scouting, looking at that anthesis.…… Continue Reading
