Live cattle mostly lower, feeders down despite direct trade

Chicago Mercantile Exchange live cattle futures were mostly lower and feeders were down sharply on profit taking and fund selling, ignoring direct business and a higher midday move for wholesale beef. February live was up $.45 at $194.05 and April was down $.05 at $196. March feeders were down $2.02 at $264.17 and April was…Continue Reading

Closing Grain and Livestock Futures: January 3, 2025

Mar. corn closed at $4.50 and 3/4, down 8 and 3/4 centsMar. soybeans closed at $9.91 and 3/4, down 20 and 1/4 centsMar. soybean meal closed at $308.60, down $11.30Mar. soybean oil closed at 39.93, down 34 pointsMar. wheat closed at $5.29 and 1/4, down 16 and 1/2 centsFeb. live cattle closed at $194.05, up…Continue Reading

Soybeans, corn give back recent gains

Soybeans were lower on profit taking and technical selling, with the most active months still seeing a firm weekly gain. Forecasts remain dry for parts of South America, but crops are in generally good shape right now, with adequate soil moisture in most of Argentina and Brazil. Soybean meal fell sharply on the reality of…Continue Reading

Water is key to cattle health in cold

University of Illinois Extension beef specialist Travis Meteer says ensuring cattle access to fresh water is crucial during bitter cold temperatures. “Sometimes the water situation becomes the most challenging, and so making sure we’ve got flowing water for cattle is key.”  He says, “If we’re watering out of ponds, or we’ve got automatic waterers, we’re…Continue Reading

Managing cold stress in beef cattle

Cattle producers are taking extra steps to protect livestock from incoming bitter cold. Kansas State University Extension beef specialist Sandy Johnson says having established wind breaks is crucial. “Anything to cut the wind some is a major difference, and you know that yourself just being outside in the wind,” she says. Johnson tells Brownfield beef…Continue Reading

Nebraska grain farmer somewhat optimistic for 2025 growing season

An eastern Nebraska grain farmer says he’s approaching 2025 with some optimism. Quentin Connealy tells Brownfield he has a lot of grain currently in storage. “I don’t want to sit on it too long because everything’s got to cash flow and operating note interest is still high. It’s come down, maybe a point from where…Continue Reading

Ag equipment dealers brace for another challenging year

Ag equipment dealers are bracing for another challenging year. Kim Schmidt with Ag Equipment Intelligence says issues that weighed heavily on the industry in 2024 like high interest rates, high inventories, and low farmer sentiment persist. “Dealers are definitely looking for new equipment revenue to be down versus this year, which was a down year.…Continue Reading

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