Soybeans, corn see profit taking, planting pressure

Soybeans were lower on profit taking and technical selling, while ending the week higher. Near-term weather forecasts for planting and emergence generally look favorable. Some rain is probable this weekend, but at least as of Friday afternoon, severe potential seemed to be limited in most areas. The USDA’s weekly crop progress and condition report will…Continue Reading

How Delta’s prevent plant scenario affects U.S. production

A market analyst says widespread prevent plant in the Delta will affect U.S. crop production, but it won’t likely be a major grain market mover. Jody Lawerence with RCM Alternatives says it’s hard to quantify exactly how many acres of prevent plant there are in the Delta, but… “What we hear, and we won’t know…Continue Reading

Recent rains boost crop outlook in west-central Minnesota

Recent rains have boosted the outlook for crops in west-central Minnesota. Wheaton area farmer Jamie Beyer says the spring has gone well. “This year we got off to a nice early start, we had early heat. Maybe just a tad bit too much wind, and then now we’ve had four or five days of kind…Continue Reading

CropLife America sees “troubling statements” in MAHA report

An organization that represents the crop protection industry has concerns about the Make America Healthy Again Commission report. CropLife America CEO Alexandra Dunn says the nearly 70-page report contains troubling statements about pesticides. “We are concerned that the statements reflect tacet reference to the fact that pesticide exposures may be associated with some sorts of…Continue Reading

Boozman talks next phase for reconciliation

The chairman of the U.S. Senate Ag Committee says he likes the ag-provisions included in the House-passed reconciliation package. John Boozman says important tax policy is included, along with much-needed improvements to the farm safety net. “Crop insurance, the Ag Risk Coverage and Price Loss Coverage programs, those kinds of things. Those kinds of things…Continue Reading

Closing Grain and Livestock Futures: May 23, 2025

Jul. corn closed at $4.59 and 1/2, down 3 and 1/2 centsJul. soybeans closed at $10.60 and 1/4, down 7 and 1/4 centsJul. soybean meal closed at $296.20, down $2.30Jul. soybean oil closed at 49.35, up 24 pointsJul. wheat closed at $5.42 and 1/2, down 2 centsJun. live cattle closed at $215.80, up 17 centsAug.…Continue Reading

Slow ag equipment market reflects tighter ag economy 

An ag economist says the continued slowdown in ag equipment purchases could be part of a larger trend in the ag economy. David Widmar, with Agricultural Economic Insights, says 2021 to 2023 were some of the strongest years in ag equipment purchasing, but that’s changed. “We have this expansion of capital production,” he says. “When…Continue Reading

Indiana wheat growers monitoring disease risk

A plant pathologist says wet weather across Indiana have created challenges for wheat growers trying to manage foliar disease pressure. Darcy Telenko is with Purdue University Extension. “We worry a lot about fusarium head blight or scab, and so that application needs to go out in a timely manner when we’re just beginning flowering ,” she…Continue Reading

Ag credit deterioration concerning

A policy advisor at the Federal Reserve Bank of Chicago says there are concerns over the amount of credit deterioration occurring in the ag sector. David Oppedahl says low commodity prices and high input costs continued to plague agriculture in the first quarter of 2025. “There is an increase in demand for non-real estate loans.” …Continue Reading

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