Wheat sees profit taking, dollar pressure

Soybeans were lower on profit taking and technical selling. There’s more rain in the forecast for parts of Argentina, but it does look like weather earlier in the season has trimmed yield potential. Harvest conditions look good in Brazil with activity about 25% complete. The USDA’s updated supply, demand, and production numbers are out March…… Continue Reading

MSUE offers evidence-based dairy management, sees dairy center progress

Michigan State University Extension is starting to help dairy farmers analyze management strategies to improve efficiencies. MSU Chair for Dairy Management Barry Bradford tells Brownfield new on-farm research assessments will allow Extension to tailor its outreach efforts. “We think our biggest value comes at the end where we can take herd management offloads, feeding software offloads…… Continue Reading

Closing Grain and Livestock Futures: February 19, 2025

Mar. corn closed at $4.97 and 1/32, down 4 and 1/2 centsMar. soybeans closed at $10.31 and 3/4, down 6 and 3/4 centsMar. soybean meal closed at $294.70, up 90 centsMar. soybean oil closed at 46.30, down 100 pointsMar. wheat closed at $5.92, down 12 and 3/4 centsApr. live cattle closed at $194.77, up 75…… Continue Reading

Cooper says biofuels can help ag navigate a tough farm economy

The president and CEO of the Renewable Fuels Association says the ethanol industry can help agriculture navigate a down economy.  Geoff Cooper tells Brownfield there is a tremendous opportunity for ethanol. “Double down on renewable fuels,” he says.  “Double down on expanding the use of ethanol to really help boost agriculture and help restore profitability…… Continue Reading

Economist: Inflation rate rises to 3%, could be bullish for commodities

An ag economist says farmers should monitor grain futures as inflation continues to increase. Consumer prices rose half a percentage point in January and University of Missouri’s Ben Brown says the commodity markets could benefit. “There’s some evidence that suggests that commodities follow the long-range gauge of inflation. If you see a period where inflation…… Continue Reading

Is 2025 the year a nationwide E15 standard gets done?

There’s some optimism a federal solution for year-round E15 will get across the finish line this year. Lance Lillibridge, a past president of the Iowa Corn Growers Association, says the fuel blend offers a variety of benefits. “There is no logical reason whatsoever why we don’t have E15 year-round. It’s better for the environment, it’s…… Continue Reading

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