Cattle futures higher to finish the week

Cattle futures higher to finish the week

At the Chicago Mercantile Exchange, live and feeder cattle were higher, watching direct business to develop and waiting on the afternoon’s cattle reports from the UDSA. August live cattle closed $.67 higher at $226.47 and October live cattle closed $1.00 higher at $223.15.  August feeder cattle close $2.47 higher at $331.37 and September feeder cattle…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

Invasive cherry pest found in Detroit airport

The U.S. Customs and Border Protection says specialists have confirmed European cherry fruit fly was intercepted at the U.S. at the Detroit Metro Airport last month. A five-pound bag of fresh cherries was found with a traveler arriving from Romania and headed to Fish Creek, Wisconsin. The region is a major cherry producing area of the state.…Continue Reading

More cheese, less butter in cold storage

The USDA says there was more cheese and less butter in cold storage at the end of June. Cheese stocks were up slightly from May, but down from last June.  Total natural cheese in cold storage was 1.412 billion pounds compared to 1.40 billion pounds in May and 1.417 billion pounds a year ago. American…Continue Reading

Study shows custom rates are steady for fertilizer applications

An ag economist at Purdue University says custom rates for fertilizer and chemical applications remain strong in 2025.  Michael Langemeier says the latest Indiana Custom Rate Survey showed little to no changes in cost over the last two years. “Some of the activities were actually relatively flat,” he says. “If you look at land preparation operations, those…Continue Reading

ASA sees promise in latest 45Z developments

The chief economist at the American Soybean Association says soybean-based biofuels continue to lead demand prospects for the crop. Scott Gerlt says updates to the 45Z tax credit in the recently passed reconciliation package are positive for soybeans.   “The 45Z got rid of some of the scoring penalties for soy, so now we have…Continue Reading

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