Late-season warmth & heat to continue; organized rains to favor the Plains

Looking ahead, the 6- to 10-day outlook calls for near- or above-normal temperatures nationwide, with the Mississippi Valley having the greatest likelihood of experiencing unusually warm weather.  Meanwhile, below-normal precipitation across much of the Pacific Northwest, South (excluding Florida’s peninsula), East, and lower Midwest should contrast with wetter-than-normal conditions across the remainder of the country,…Continue Reading

Cattle futures higher heading into Friday

Cattle futures higher heading into Friday

At the Chicago Mercantile Exchange, live and feeder cattle were higher, waiting on the rest of the week’s direct business to develop. October live cattle closed $1.12 higher at $232.27 and December live cattle closed $1.45 higher at $234.12.  October feeder cattle closed $1.95 higher at $352.35 and November feeder cattle closed $2.20 higher at…Continue Reading

California a step away from legalizing E15 sales

California could soon legalize sales of E15. American Coalition for Ethanol senior vice president Ron Lamberty says state lawmakers recently passed a bill allowing for sales of fuel blended with 15 percent ethanol. “What the bill does is it says if stations want to start selling it now they can prior to this final CARB…Continue Reading

ADM regenerative ag program demonstrating conservation at scale

The director of climate-smart ag origination with ADM says over 5 million acres of cropland were enrolled in the company’s regenerative agriculture program last year.   Paul Scheetz says it’s a year ahead of schedule. “In 2022, when we set those goals for 2025, it was ultimately to accomplish what we’ve been able to accomplish…Continue Reading

CME cash dairy prices lower

Cash dairy prices were lower on Thursday on the Chicago Mercantile Exchange as traders squared positions ahead of Friday’s supply and demand report. Dry whey down $0.0050 at $0.5850. One sale was made at that price. Blocks down $0.0525 at $1.62. Eleven sales were made from $1.62 to $1.67. Barrels down $0.04 at $1.6350. Three…Continue Reading

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