Cattle futures fall further, hogs finish higher

Chicago Mercantile Exchange live and feeder cattle were sharply lower with another round of pressure from the slow resumption of cattle imports from Mexico and overbought signals. The higher move in corn was also bearish for feeders. April live was down $1.50 at $198.65 and June was $1.25 lower at $193.22. March feeders were $2.25…Continue Reading

Closing Grain and Livestock Futures: February 4, 2025

Mar. corn closed at $4.94 and 1/2, up 5 and 3/4 centsMar. soybeans closed at $10.75, up 16 and 3/4 centsMar. soybean meal closed at $314.00, up $10.30Mar. soybean oil closed at 45.76, down 75 pointsMar. wheat closed at $5.77, up 10 and 1/4 centsApr. live cattle closed at $198.65, down $1.50Mar. feeder cattle closed…Continue Reading

Legislation to protect AM radio re-introduced in Senate

The new legislative session brings a renewed effort to keep AM radios in cars and trucks. Wisconsin Senator Tammy Baldwin tells Brownfield the bipartisan AM Radio for Every Vehicle Act would keep AM radio accessible in all new passenger vehicles, including electric vehicles at no additional charge. “We are seeing an increasing number of the…Continue Reading

Having a voice in establishing the organization’s policy

The policy that drives the National Cattlemen’s Beef Association begins with the states.  Kim Brackett, NCBA Policy Chair, says the grassroots process is the bedrock of the organization. “Many of our state cattle associations have their conventions in the late fall, early winter where they develop resolutions that they want to discuss at the NCBA…Continue Reading

Soybeans, corn, wheat see good gains

Soybeans were higher on short covering and technical buying. A new tariff battle against China is on, but Beijing’s retaliation doesn’t include soybeans. Mexico does buy U.S. soybeans and soybean products and Canada is a solid soybean meal customer. Soybean meal futures were up on that easing of tariff talk, while bean oil was lower…Continue Reading

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