CONAB makes minor changes to Brazil crop estimates

Brazil’s equivalent of the USDA trimmed its combined grain and oilseed production estimates. CONAB has combined crop production at 322.425 million tons, slightly less than the November guess following minor adjustments to planted area and yield projections, but still up 8.2% on the year and record large. That includes 166.211 million tons of soybeans, a…Continue Reading

ASA sees opportunity in proposed monarch listing

A member of the board of directors for the American Soybean Association (ASA) says the U.S. Fish and Wildlife Service’s proposed listing of monarch butterflies under the Endangered Species Act is an opportunity for agriculture. Brandon Wipf, a South Dakota farmer, tells Brownfield, “They did go with a threatened and not a fully endangered decision.” …Continue Reading

USMEF CEO says outlook for beef remains strong

The CEO of the US Meat Export Federation says the outlook for beef is strong heading into 2025. Dan Halstrom tells Brownfield beef exports are ending 2024 on a high note. “We’re going to be very close to last year’s volume, but we’re going to be up about 5% in value, which would be our…Continue Reading

Livestock economist approaching 2025 with cautious optimism

A livestock economist is reminding cattle producers to have a risk management plan. Don Close, with Terrain Ag says he’s bullish on cattle markets heading into 2025, but is also approaching the new year with some caution. “When cattle prices get to all-time record levels, there’s just an added inherent risk or volatility in the…Continue Reading

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