Colombia imposes additional tariffs on U.S. milk powder imports

Colombia has moved to impose additional tariffs on U.S. milk powder imports. Jaime Castenada with the National Milk Producers Federation and U.S. Dairy Export Council tells Brownfield the one-month period of filing counter-arguments has passed, and their government issued a statement this week. “The Ministry of Trade announcing that they will impose a preliminary additional…… Continue Reading

Closing Grain and Livestock Futures: September 19, 2024

Dec. corn closed at $4.05 and 3/4, down 7 centsNov. soybeans closed at $10.13 and 1/4, down 3/4 centOct. soybean meal closed at $319.90, up $2.00Oct. soybean oil closed at 41.75, up 76 pointsDec. wheat closed at $5.65 and 1/2, down 10 and 1/4 centsOct. live cattle closed at $179.97, up $1.67Oct. feeder cattle closed…… Continue Reading

Harvest pressure pulls soybeans, corn lower

Soybeans were fractionally lower on fund and technical selling. It was an up and down day, as early yield results have been mixed, generally below expectations in the east, with probable harvest delays in some areas. Those yields in the east were dinged by a mostly dry finish for the crop as parts of the…… Continue Reading

Rapid dry down advancing Michigan harvests

A Michigan farmer near the Ohio border soybean harvest is just starting in his area. Scott Welden tells Brownfield the last few weeks of hot, dry weather has dramatically changed crop conditions. “We do have folks running soybeans in the area,” he shares. “There’s corn silage that’s getting close to being wrapped up, which is…… Continue Reading

August red meat production slips 2%

Commercial red meat production in August was 4.592 billion pounds. The USDA says that was down 2% on the year, with a 3% decline in beef and a slightly lower move for pork as slower processing paces for all types of cattle and hogs canceled out higher average live weights. Beef production was 2.289 billion…… Continue Reading

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