Soybeans fall on profit taking

Soybeans were lower on profit taking and technical selling. Crop estimates for Argentina remain high, despite weather issues, and Brazil is still on track for a record crop, even with the slow harvest in some key growing areas. The USDA’s new supply, demand, and production estimates are out on the 11th and CONAB’s updated outlook…… Continue Reading

BASF says climate-smart biofuels have longevity

A sustainability market development manager is bullish on decarbonization efforts continuing long into the future. Chad Asmus with BASF tells Brownfield 45Z tax credits allow farmers to be rewarded for their climate-smart efforts. “Low carbon intensity biofuels is not going away,” he says. “Looking at the expansion of state low carbon fuel standards for example,…… Continue Reading

A slow approach to herd expansion

Could herd expansion be around the corner in the cattle industry? Oklahoma State University economist Derrell Peel says once herd expansion happens, he expects it to be a gradual increase. “We’re thinking about thinking about expanding,” he says. “We’re not really doing it yet, I don’t think, but I do think we’re probably getting ready…… Continue Reading

Tariff risks to agriculture aired during Senate hearing

Top farm group officials say the threat of potential tariffs is already impacting the ag industry. National Farmers Union President Rob Larew says, “We’re hearing out there about suppliers of fertilizer and other goods who are already adding costs onto goods that we’re buying.” “We’re hearing about some places that are not selling for delivery…… Continue Reading

Broiler numbers down on week, still up on year

Broiler sets and placements remain ahead of 2024. The USDA says 248.138 million broiler-type eggs went into incubation, down 1.138 million on the week, but still up 2% on the year, with average hatchability hanging just below 80%. 191.88 million chicks entered meat production, falling 550,000 from the previous week, but rising 3% from last…… Continue Reading

The impact of high beef prices on consumer demand

The senior protein analyst for Terrain says retail prices for beef still haven’t been high enough to curb demand. Don Close tells Brownfield he’s been looking at the beef complex.  “Look at the demand for prime product, the demand for the upper 2/3 choice, the demand for ground beef, it is still robust,” he says. …… Continue Reading

Now is the time to transition

An expert says more resources are available for farmers transitioning to organic practices than ever before.    “I mean, if folks are considering transition, now is the best time.” Tom Manley, conservation director with Marbleseed, says premium prices and environmental concerns are pushing more farmers to explore organics, and there’s help for the transition process. “Including…… Continue Reading

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