At the Chicago Mercantile Exchange, live and feeder cattle were lower ahead of the week’s direct business, livestock slaughter numbers, and Friday’s On Feed report. April live cattle closed $.97 lower at $193.80 and June lives closed $.95 lower at $189.97. March feeder cattle closed $2.20 lower at $266.82 and April feeder cattle closed $2.22…… Continue Reading
Mar. corn closed at $4.98, up 1/2 centMar. soybeans closed at $10.45 and 1/2, up 13 and 3/4 centsMar. soybean meal closed at $296.00, up $1.30Mar. soybean oil closed at 47.26, up 96 pointsMar. wheat closed at $5.85 and 1/2, down 6 and 1/2 centsApr. live cattle closed at $193.80, down 97 centsMar. feeder cattle…… Continue Reading
A soybean specialist with Clemson University says the nation’s soybean growers are facing challenges on several fronts. Michael Plumblee says changing weather patterns are impacting production across the country. “Regardless of about where you were, whether it was excessive rainfall, flooding, tropical storms, hurricanes, or even drought, definitely a wide range of geographies represented.” He…… Continue Reading
A northwest Ohio farmer says the ag economy has impacted his farm plans for this year. Justin Gravatt is a grain farmer in Union County. “Just trying to put the fertilizer where it’s needed,” he says. “We’re doing a lot more variable rate this year. Trying to save maybe a pass or two and trying…… Continue Reading
IHOP & Applebee’s locations are merging. Continue reading…… Continue Reading
U.S. ethanol production improved slightly last week and stocks grew. The U.S. Energy Information Administration says production averaged 1.084 million barrels per day, up 2,000 on the week and unchanged on the year. Iowa State University’s Center for Agricultural and Rural Development says operating margins for the average Iowa plant are in negative territory, which…… Continue Reading
U.S. commercial red meat production was up in January 2025. The USDA says total production of 4.885 billion pounds was 2% above January 2024, with beef production gaining 4% to 2.37 billion pounds and pork 1% higher at 2.502 billion pounds. The cattle slaughter was slightly lower than last year at 2.668 million head, largely…… Continue Reading
The new Indiana State Veterinarian says the surge of highly pathogenic avian influenza has the state on high alert. Kyle Shipman tells Brownfield, “Currently, we have 12 commercial flocks and two hobby flocks in the state that we have diagnosed. The larger the sites are, the more intricate the response. Ultimately, our goal is to…… Continue Reading
Egg prices continue to soar higher across the U.S. Dr. Valerie Kilders is an assistant professor in the Department of Agricultural Economics at Purdue University and focuses her research on food and agribusiness marketing. She tells Brownfield the Consumer Price Index for eggs was up 15% in January. “That’s the largest increase that we’ve seen…… Continue Reading
A crop insurance specialist is urging producers to make sure the Farm Service Agency has the right base acre data. Mike Boen with Compeer Financial says, “You only get paid on 85% of your base acres, and that’s why it’s so important to know your base acres going in to make the right decision.” Boen…… Continue Reading
