Nebraska 2024 net farm increase expected to decrease

An ag economist with the University of Nebraska says he expects 2024 net farm income to decrease for several reasons. On this week’s episode, Brad Lubben explains more about why the downtrend continues, despite records set the year prior. He also explains what changes may be ahead as farmers look ahead to 2025. The post…Continue Reading

Your Thanksgiving feast is a national effort

Farmers every region of the country make the Thanksgiving meal that you enjoy with your family and friends possible.  Think of the staples – turkey, cranberries, celery, sweet potatoes, green beans, pumpkins, peas, potatoes, and carrots.    AUDIO: Healthy Living on Thanksgiving food supply chain The post Your Thanksgiving feast is a national effort appeared…Continue Reading

Expect more waiting for a farm bill

The head lobbyist with Syngenta expects more waiting for a new five-year farm bill. Mary Kay Thatcher tells Brownfield… “That is not going to pass in 2024, so we’ll extend that, kick it down the road.”  She says, “I suspect till the end of September, or the end of December, of 2025.” She says the…Continue Reading

Soybeans higher ahead of holiday break

Soybeans ended the day higher, in lighter volume business. The USDA announced a sale to China on Wednesday morning, which did help the trade get off to a solid start.  Development conditions in South America continue to look favorable, with more rain on the way for some areas. It looks like South America is on…Continue Reading

Former USDA leader, Wisconsin lawmaker Nelsen remembered

A former USDA official and six-term Wisconsin Assembly member has died.  Betty Jo Nelsen served in the administration of President George H. W. Bush as administrator of the Food and Nutrition Service within the United States Department of Agriculture, and in 1992, was nominated to serve as assistant secretary of agriculture for food and consumer…Continue Reading

Cattle futures up on strong cash trade

At the Chicago Mercantile Exchange, live and feeder cattle were higher, supported by higher cash business during the session.  December live cattle closed $1.10 higher at $188 and February lives closed $.90 higher at $188.60.  January feeder closed $.67 higher at $258.77 and March feeder cattle closed $.82 higher at $257.30.  Direct cash cattle trade…Continue Reading

Closing Grain and Livestock Futures: November 27, 2024

Dec. corn closed at $4.15 and 3/4, down 4 and 1/4 centsJan. soybeans closed at $9.88 and 3/4, up 5 and 1/4 centsDec. soybean meal closed at $290.50, up $2.40Dec. soybean oil closed at 40.75, down 184 pointsDec. wheat closed at $5.37 and 3/4, down 1 and 3/4 centsDec. live cattle closed at $188.00, up…Continue Reading

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