A recent snowstorm has delayed fieldwork and small grains planting in northeast South Dakota. Market analyst and farmer DuWayne Bosse tells Brownfield… “We had some small grains get planted, but a very small percentage. Everyone was just getting ready to go,” he says. “Once the fields dry up, I look for farmers to get out…… Continue Reading
A bullish outlook for U.S. ethanol
The CEO of Missouri Corn says he’s optimistic in the growth potential for U.S. ethanol. Starting in May, Missouri will be allowed to sell 15 percent blended ethanol year-round and Bradley Schad tells Brownfield… “We’re glad we’ve got the president and governor’s ear to be able to move forward and give consumers the option to…… Continue Reading
ARC, PLC, ECAP signups going strong
A Farm Service Agency official says farmers are actively signing up for crop insurance and economic relief. Wisconsin FSA’s Deputy Executive Director Tyler Radke tells Brownfield they’ve had a steady flow of farmers signing up for Ag Risk Coverage and Price Loss Coverage. “Wisconsin is actually quite a bit ahead of the national average with…… Continue Reading
Ag economist encourages farmers to “control the controllables”
An ag economist who farms in southern Minnesota encourages farmers to control the controllables in the face of tight margins. Megan Roberts works for Compeer Financial and says there’s a lot of uncertainty right now. “And we don’t have a lot of control over what happens with tariffs, we don’t have a lot of control…… Continue Reading
U.S. cotton prices feel impacts of trade war
The vice president of economics and policy analysis at the National Cotton Council says cotton prices are responding lower to trade retaliation from China. “In just the last few days, cotton prices have dropped from about 68 cents to 63 cents on the May contract. It’s a pretty significant drop.” Jody Campiche tells Brownfield other…… Continue Reading
Growth continues for South Dakota FFA
The president of the South Dakota FFA Association says the student-led ag organization continues to grow. Maya Howard from Hand County attributes the growth to the impactful leadership and career development opportunities FFA provides. “We have about 6,500 members in South Dakota and a lot of those students stay in agriculture once they graduate and…… Continue Reading
Trade war doesn’t help commodity price outlook
The director of the MU Food and Ag Policy Research Institute says a trade war won’t help the commodity price outlook. Pat Westhoff tells Brownfield commodity prices were expected to move lower even before China’s recent retaliation against U.S. products. “It’s probably not a big surprise if there’s a good chance we’re going to make…… Continue Reading
Soybeans tumble following retaliatory tariff announcement
Soybeans closed sharply lower as the market was under significant pressure following China’s announcement of retaliatory tariffs. May contracts closed 34 and 1/2 cents lower at $9.77. Like many of the commodities, the immediate impacts will be unknown, but there are concerns that a prolonged trade disruption would have a significant impact on soybean demand…… Continue Reading
Closing Grain and Livestock Futures: April 4, 2025
May corn closed at $4.60 and 1/4, up 2 and 3/4 centsMay soybeans closed at $9.77, down 34 and 1/2 centsMay soybean meal closed at $283.10, down $4.90May soybean oil closed at 45.84, down 1.22 pointsMay wheat closed at $5.29, down 7 centsJun. live cattle closed at $198.20, down $6.50May feeder cattle closed at $274.87,…… Continue Reading
Cattle, hog futures drop amid tariff concerns
At the Chicago Mercantile Exchange, live and feeder cattle were sharply lower as the market grapples with demand uncertainty following retaliatory tariff announcements from China. June live cattle closed $6.50 lower at $198.20 and August lives closed $6.47 lower at $194.70. May feeder cattle closed $8.25 lower at $274.87 and Auguste feeder cattle closed $8.25…… Continue Reading
