Farm economy trending in the wrong direction

A farmer from southeast Iowa says he’s concerned about the direction of the farm economy. Tim Meyer says many growers are struggling. “The inputs are higher, seed came in a little bit higher, and it feels like to me that folks just don’t have the cash they had 12 months ago going into the end…… Continue Reading

Soybeans, corn mostly higher heading into midweek holiday

Soybeans were mostly higher in very low-volume trade.  The market worked to recover its losses from Monday’s session.  Soybean meal was stronger on Tuesday and that helped provide some support.  The trade continues to monitor crop development weather in South America, which has been largely supportive to a larger crop in Brazil, while there is…… Continue Reading

Closing Grain and Livestock Futures: December 24, 2024

Mar. corn closed at $4.48 and 1/2, up 3/4 centsJan. soybeans closed at $9.73 and 3/4, up 4 and 1/4 centsJan. soybean meal closed at $292.40, up $2.90Jan. soybean oil closed at 39.89, down 37 pointsMar. wheat closed at $5.35, down 5 and 1/2 centsFeb. live cattle closed at $187.62, up 17 centsJan. feeder cattle…… Continue Reading

Butter imports higher during 2024 despite record U.S. production

Consumers have had a strong appetite for butter in 2024. Dairy Economist Corey Geiger with CoBank tells Brownfield consumption was up 11 percent in the U.S. “We’re making more butter than we ever did in the United States, and amazingly right now through October, we have as a country imported 178 billion pounds of butter,”…… Continue Reading

A focus on soil health

A southern Illinois based agronomist says focusing on soil health in the midst of the economic downturn can benefit farmers in the long run. Nick Frederking with AgriGold tells Brownfield, “We always like to check for CEC and organic matter to understand the holding capacity of our soil and how much mineralization we might be able…… Continue Reading

Iowa farmer preps for winter calving season

An eastern Iowa farmer says he’s gearing up for the winter calving season. “In about 10 day is our first due date,” said Lance Lillibridge of Vinton. Lillibridge says frigid temperatures are always the biggest challenge. “It’s probably going to be cold and miserable since we’ve had such a pleasant fall and beginning of winter.…… Continue Reading

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