Cattle placements drop in first post-shutdown on feed update

The USDA’s November cattle on feed numbers were mostly towards the low end of pre-report estimates. Placements were the lowest for the month since the series of reports started, dropping 10% on the year due to the tight supply of ready numbers. Most of those cattle placed during October weighed less than 800 pounds. October…… Continue Reading

Closing Grain and Livestock Futures: November 21, 2025

Dec. corn $4.25 and 1/2, down 1 centJan. soybeans $11.25, up 2 and 1/2 centsDec. soybean meal $315.10, up $1.10Dec. soybean oil 50.26, down 40 pointsDec. Chicago wheat $5.27, unchangedDec. live cattle $214.45, down 27 centsJan. feeder cattle $314.22, down $2.15Dec. lean hogs $77.80, down $1.67Dec. Class III milk closed at $16.15, down 17 centsDec.…… Continue Reading

Milk futures lower, cash dairy mostly lower

December Class III milk futures on the Chicago Mercantile Exchange down 31 at $16.32.  January down 21 at $15.38.  February 23 lower at $15.63.  March through May contracts 3 to 23 lower. Dry whey down $0.02 at $0.76 Blocks down $0.01 at $1.55 Barrels down $0.0225 at $1.5825 Butter unchanged at $1.4775 Nonfat dry milk…… Continue Reading

U.S. soybean crush growth ‘unrealistic’ fix for lost China demand

A global strategist with Rabobank says an increased domestic soybean crush won’t replace the lost demand from China. Stephen Nicholson says it’s an unrealistic expectation. “While it’s good to see, the framework that came out with China, there’s a lot of uncertainty still, it’s not written in stone.” Nicholson says China has been silent about…… Continue Reading

Trade aid update: USDA says final decision pending

The Under Secretary of Farm Production and Conservation at the USDA says conversations are still happening about trade aid. Richard Fordyce tells Brownfield… “It’s going to be a well informed decision based on data that we have access to related to a whole bunch of things, whether that’s, you know, trade activity, prices, you know…… Continue Reading

Ag Director highlights USMCA’s role in expanding market access

The Nebraska Director of Agriculture says the United States-Mexico-Canada trade agreement could create new market opportunities for farmers.   Sherry Vinton says the deal has benefited every country including the U.S. “We have a net positive trade balance with Mexico. We send way more there than we import especially for our state. Sometimes in amounts…… Continue Reading

Cattle market strength spills into farmland values, expert says

Record high beef prices are driving up values for pasture and rangelands. Cole Nickerson, area sales manager with Farmers National Company, says strength in the cattle market is supporting farmland values. “Our very strong and robust cattle market is helping pasture land, and we’re even seeing that trickle over into cropland values in those areas…… Continue Reading

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