Compeer Financial: Dairy farms remain strong but cautious about expansion

A lender says most dairy farms have been financially healthy during this ag economic downturn, but they’re reluctant to expand or make capital investments. Curtis Gerrits is the Senior Animal Ag Lending Specialist for Compeer Financial.  He tells Brownfield most of the time when milk prices are good, farmers are upgrading or expanding by building…Continue Reading

Agriculture awaits the details of Trump’s tariff-funded aid package

The chairman of the U.S. House Ways and Means Committee says he’s optimistic the Trump administration will announce more details of farmer assistance “fairly soon.” Jason Smith tells Brownfield the government shutdown doesn’t help the timing. “They (the administration) are just trying to keep the doors open and funded right now, which is affecting us…Continue Reading

Soybeans, corn edge higher as harvest advances and trade talks loom

Soybeans were higher on commercial and technical buying. Support was tied to the optimism about tariff talks with China and the potential for trade aid. Still, those tariff discussions are a few weeks away and that potential trade aid has been thrown into question by the current partial shutdown of the federal government. Additionally, cash…Continue Reading

Closing Grain and Livestock Futures: October 8, 2025

Dec. corn $4.22, up 2 and 1/4 centsNov. soybeans $10.29 and 1/2, up 7 and 1/2 centsDec. soybean meal $278.00, up $1.10Dec. soybean oil 51.48, up 44 pointsDec. Chicago wheat $5.07 and 1/4, up 1/2 centDec. live cattle $238.87, up $1.15Nov. feeder cattle $368.82, up $4.57Dec. lean hogs $86.10, down 7 centsNov. Class III milk…Continue Reading

Cattle futures sharply higher, lean hogs lower

At the Chicago Mercantile Exchange, live and feeder cattle futures were sharply higher, with feeders continuing to take the lead on the tight supply of market ready numbers. December live was up $.75 at $1.15 and February was $1.50 higher at $242.22. November feeders were $2.57 higher at $268.82 and January was up $4.52 at…Continue Reading

HPAI detected at West Michigan turkey farm

The Michigan Department of Agriculture and Rural Development has confirmed highly pathogenic avian influenza in Ottawa County. State officials say the commercial flock is the third detection of the virus in the county this year, with 30,000 turkeys impacted this month. Reports of HPAI cases on commercial poultry operations have started to increase across the…Continue Reading

Shutdown delaying key U.S. agriculture trade activities  

An agriculture leader says the government shutdown is preventing trade opportunities from being finalized. National Potato Council CEO Kam Quarles says his trip to Japan last week with the U.S. Secretary of Agriculture ended before it even began. “It costs us time,” he says. “It misses an opportunity for us to finally, finally get a…Continue Reading

Corn and soybean storage could cost farmers more in 2025

An ag economist at Ohio State University says a recent study shows on-farm storage could be more expensive than prior years. Professor emeritus Carl Zulauf says changes in interest rates have contributed to an uptick in storage costs.  “Soybeans are 2.5 times the price of corn, so there’s a higher price per bushel,” he says. “In…Continue Reading

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