Closing Grain and Livestock Futures: May 2, 2025

Jul. corn closed at $4.69, down 3 and 1/4 centsJul. soybeans closed at $10.558, up 7 and 3/4 centsJul. soybean meal closed at $296.90, up $2.60Jul. soybean oil closed at 49.43, down 27 pointsJul. wheat closed at $5.43, up 12 centsJun. live cattle closed at $211.10, up $1.45Aug. feeder cattle closed at $296.95, up $2.45Jun.…… Continue Reading

Ag Retailers Association offers H-2A resources to members

Labor shortages are pressing agricultural retailers to depend more on H-2A seasonal guest workers. Richard Gupton with the Ag Retailers Association tells Brownfield their organization has created LaborLink to help members navigate the complicated program with the help of másLabor. “There’s a big need for specialty services workers in our space and you just can’t…… Continue Reading

Wheat sees support from oversold signals, lower dollar

Soybeans were higher on commercial and technical buying, but still posting a week-to-week decline. Contracts extended their bounce from Thursday with help from a lower move in the dollar. There’s been a lot of talk about tariff negotiations with key trading partners, especially China, but no real public progress. Additionally, any resolution to the broad…… Continue Reading

Cattle, hog futures higher to finish the week

At the Chicago Mercantile Exchange, live and feeder cattle were up on the week’s stronger cash business.  June live cattle closed $1.45 higher at $211.10 and August live cattle closed $2.12 higher at $206.77.  August feeder cattle closed $2.45 higher at $296.90 and September feeder cattle closed $2.70 higher at $295.55.  It was a quiet…… Continue Reading

Research shows biologicial crop inputs improve nutrient efficiency

A research agronomist says biological products are helping increase yields by increasing the crop’s ability to use fertilizer. Kip Jacobs from Mosaic Biosciences tells Brownfield so far, most of the big jumps in yield have come from new hybrids developed with traits for things like drought resistance, but nutrient use efficiency is changing how producers…… Continue Reading

The impact on the ag economy until new trade agreements are enacted

As the Trump administration continues to negotiate trade deals, it could be several months or years before they are completed.  Jay Rempe with Rolling Prairie Economics says that creates uncertainty and added volatility. “We’re already seeing that, I think, show up and not only in the ag economy or some of the ag economy numbers…… Continue Reading

Cash dairy prices higher again Friday

Cash dairy prices were all higher for a second straight day Friday on the Chicago Mercantile Exchange.    Dry whey was up $0.0175 at $0.52. No sales were recorded.  Forty-pound cheese blocks were up $0.0050 at $1.76.  Three sales were recorded, ranging from $1.76 to $1.7650.  Cheese barrels were up $0.02 at $1.7550.  Two sales were…… Continue Reading

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