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

United Soybean Board is deciding checkoff investments now

Members of the United Soybean Board are deciding where 2026 checkoff dollars will be invested. Matt Gast is a North Dakota farmer and USB’s Treasurer.  He tells Brownfield the current budget for the soybean checkoff focuses on several areas. “You know, for the FY25 budget, it’s set at 125 million dollars. Roughly 30 million of…… Continue Reading

National Pork Board launching marketing campaign

The National Pork Board is launching a new domestic marketing campaign this year. Senior vice president of market growth David Newman tells Brownfield it’s a consumer-facing brand promotion. “That’s going to be an exciting time I do believe, and this is really about a campaign focused on who is that future consumer of pork, what…… Continue Reading

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