Cattle futures supported by direct business

Cattle futures supported by direct business

Chicago Mercantile Exchange live and feeder cattle were up, watching direct business develop in the North at higher prices, following up on Tuesday’s steady to higher trade. February live was up $2.35 at $191.37 and April was $1.97 higher at $192.62. January feeders were $1.72 higher at $259.05 and March was up $1.92 at $259.37.…Continue Reading

Minnesota Biofuels Association celebrates E15 milestone

The Minnesota Biofuels Association is celebrating a significant milestone. Executive director Brian Werner says there are now 500 E15 fueling stations in Minnesota. “I think that’s a pretty big accomplishment. That’s roughly 25 percent of all of the fuel stations in the state of Minnesota now offer E15.” He tells Brownfield 2025 should be a…Continue Reading

Farmer stays resilient, says farm bill would help

A southwestern Wisconsin farmer says it has been challenging on the farm, but he remains positive.  James Edge farms with his wife, daughter, and father-in-law near Fennimore, where they raise about 130 head of beef cattle. Edge tells Brownfield even with low commodity prices creating lower feed prices, he has to pay close attention to…Continue Reading

Closing Grain and Livestock Futures: December 11, 2024

Mar. corn closed at $4.48 and 1/4, down 3/4 centJan. soybeans closed at $9.95 and 1/2, up 3/4 centJan. soybean meal closed at $291.10, down 90 centsJan. soybean oil closed at 42.44, down 28 pointsMar. wheat closed at $5.63 and 1/4, up 1 and 1/2 centsFeb. live cattle closed at $191.37, up $2.35Jan. feeder cattle…Continue Reading

What resources do beginning farmers need?

USDA and Michigan State University Extension are collaborating to create more comprehensive resources for beginning farmers. USDA Beginning Farmers and Ranchers Coordinator for Michigan Aimee Swenson tells Brownfield, “I get calls, emails several times a week— How do I get started? What do I need?” “The goal is to try to get folks to where…Continue Reading

Soybeans, wheat cling onto gains as corn finishes mixed

Soybeans were modestly higher on fund and technical buying. Beans started lower but found support from near-term demand expectations, despite the USDA’s most recent supply and demand report being seen as neutral. Crop development weather in South American remains generally favorable, with Argentina and Brazil both likely to produce large crops in 2025. The USDA’s…Continue Reading

Broiler sets, placements continue to run ahead of last year

Broiler sets and placements continue to point towards more chicken in 2025. The USDA says 249.821 million broiler-type eggs went into incubation, down 315,000 on the week, but up 6% on the year, with the average hatchability rate holding just under 80% at 79.7%. Placements of broiler-type chicks into meat production were reported at 192.965…Continue Reading

Start now to get 2025 H-2A workers, follow regulations

An ag labor consultant says dairy farmers need to follow the rules when utilizing H-2A guest workers.  Sarah Black with Great Lakes Ag Labor Services tells Brownfield there are plenty of seasonal jobs on a dairy farm, but milking cows is not one of them. “Milking cows has to be done 365 days, but these…Continue Reading

$5 million investment helps FFA students with higher education

A new investment from Tractor Supply Company will expand scholarship opportunities for FFA members pursing higher education. Molly Ball, president of the National FFA Foundation says the company provided National FFA $5 million to support students. “They saw the need to help students in local communities by offering scholarships so that they can go in…Continue Reading

USB releases report showing economic benefits of the checkoff

An economics professor at Cornell University says a recent study from the United Soybean Board shows checkoff dollars create more opportunities for soybean farmers. Dr. Harry Kaiser says without the checkoff program… “Overall soybean demand would have been 9% lower than it actually was,” he says. “Clearly the activities the soybean check off does have…Continue Reading

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