Direct cash cattle trade remains quiet

Chicago Mercantile Exchange live cattle futures were higher and feeders were lower, waiting for the week’s direct business and Friday’s USDA Cattle on Feed report. April live was up $.75 at $194.77 and June was $.52 higher at $190.92. March feeders were down $.70 at $269.02 and April was $.50 lower at $268.60. Cash cattle…Continue Reading

Ag groups seek landowner rights compromise

Two South Dakota ag groups want to see the state legislature compromise on eminent domain. House Bill 1052 would add a new section to existing right-of-way carrier law preventing the use of eminent domain for pipelines carrying carbon oxide. Eminent domain is getting attention in South Dakota as the Summit Carbon Solutions pipeline is being…Continue Reading

Making precision livestock tech more feasible  

Michigan State University researchers are trying to identify where precision livestock technology can best suit the needs and budgets of pork producers. Animal Science professor Janice Sigford tells Brownfield, “Some of the things that producers want the most help with, not surprisingly, are some of the repetitive tasks or some of the tasks that are…Continue Reading

Ag consultant optimistic about beef outlook

An ag consultant says he’s optimistic about the year ahead for the beef industry. “It’s a wonderful time to be in the cattle business, there’s no doubt about it.” Kevin Ochsner, president of Agcellerate and host of NCBA’s Cattlemen to Cattlemen, says economics are on the side of the producer. “We’ve seen record high beef…Continue Reading

USB sees value in high oleic soybean research

High oleic soybean development is continuing, and a soybean checkoff leader says further investment in them is likely. North Dakota farmer and United Soybean Board Treasurer Matt Gast tells Brownfield the markets for high oleic soybeans are growing. “Another thing that’s come up lately is high oleic soybeans in dairy rations. High oleic is something…Continue Reading

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

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