Study shows dairy costs remain high

A recent study shows Illinois dairy farms are continuing to have negative economic returns.  Bradley Zwilling with the University of Illinois and the Farm Business Farm Management Association tells Brownfield there are some bright spots. “This is looking at 2024 but includes projections for ’25 and ’26, but we did see some higher milk prices…Continue Reading

FBA signup expected to be simple for farmers

The executive director of the Illinois Farm Service Agency says eligible row crop farmers should have an easy time receiving payments from the upcoming $11 billion Farmer Bridge Assistance (FBA) Program. William Graff tells Brownfield, “These are going to be mailed out the week of February 23rd.”  He says, “You’re able to come into the…Continue Reading

Farmer sentiment declines as farmers become more concerned about tariffs and soybean exports

An ag economist says ongoing tariff policy uncertainty has led to a decline in this month’s Purdue University/CME Group Ag Economy Barometer. Professor emeritus Jim Mintert says producers are still concerned about the loss of soybean market share to China.  “Fifty-two percent of respondents said they thought soybean exports over the next five years would remain about the same or actually decrease,” he says. “Over half of…Continue Reading

Soybeans, corn, wheat climb, watching world weather, demand

Soybeans were higher on short covering and technical buying. Beans continue to watch weather in South America, including chances for better rain coverage in parts of Argentina. Weather in Brazil generally looks favorable in most areas. There’s also been ongoing position squaring ahead of the USDA numbers out January 12th, including the supply and demand…Continue Reading

Cattle, hog futures pressured at midweek

Cattle, hog futures pressured at midweek

At the Chicago Mercantile Exchange, live and feeder cattle were lower on profit taking, waiting for direct business to develop.  February live cattle closed $2.10 lower at $234.52 and April live cattle closed $2.20 lower at $235.17.  March feeder cattle closed $3.52 lower at $355.50 and April feeder cattle closed $3.45 lower at $354.67.  It…Continue Reading

Farmers urged to conduct digital audits amid rising AI-driven animal activism

The President and CEO of the Animal Agriculture Alliance is encouraging farmers to take a digital audit of their operations. Hannah Thompson Wieman tells Brownfield animal activists are turning to artificial intelligence to create negative content from information farmers themselves are providing online. “What is out there about your farm?” she says farmers need to be asking. “What is…Continue Reading

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