U.S. leads global milk production growth

Milk production is going up in the U.S., Argentina, and New Zealand while declining in Australia and the European Union. USDA’s July World Markets and Trade report says U.S. farmers increased herds in anticipation of new processing capacity.  U.S. exports were also strong in the first five months of this year supported by competitive prices…… Continue Reading

Soybeans, corn lower to finish the week

Soybeans were lower on fund and technical selling.  August beans were down 5 and ½ at $9.98 and ¾. The market is also watching crop development conditions, which have been hot.  The market is looking ahead to next week, waiting on a crop condition update from the USDA, which comes out on Monday – and…… Continue Reading

Closing Grain and Livestock Futures: July 25, 2025

Sep. corn closed at $3.99 and 1/2, down 2 and 1/4 centsAug. soybeans closed at $9.98 and 3/4, down 5 and 1/2 centsAug. soybean meal closed at $267.80, down $1.90Aug. soybean oil closed at 56.49, up 18 pointsSep. wheat closed at $5.38 and 1/4, down 3 1/4 centsAug. live cattle closed at $226.47, up 67…… Continue Reading

Placements down 8% in latest Cattle on Feed report

There were fewer cattle placed into U.S. feedlots in June 2025. The USDA says last month’s placements were 1.44 million head, down 8% on the year and below the average pre-report estimates.  The ongoing ban on live cattle imports from Mexico because of the New World screwworm continues to impact the number of cattle placed. All cattle on calves on feed in the U.S.…… Continue Reading

MSU provides cover crop guidance

A sustainable agricultural researcher says there are several considerations farmers need to make before planting cover crops following wheat harvest. Michigan State University’s Brook Wilke says, “We know that adding more diversity in fields does help to improve soil health faster with more diversity, so be creative.” He says growers can add nitrogen to build…… Continue Reading

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