Cattle futures higher ahead of Friday’s On Feed report

At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the week’s direct business.  December live cloud will close $2.47 higher at $186.57 February lives closed $2.02 higher at $188. January feeder cattle close $2.50 higher at $252 and March feeder cattle closed $2.62 higher at $251.25.  Direct cash cattle trade activity…Continue Reading

Closing Grain and Livestock Futures: November 19, 2024

Dec. corn closed at $4.27 and 1/4, down 2 centsJan. soybeans closed at $9.98 and 1/2, down 11 and 1/4 centsDec. soybean meal closed at $288.60, down $1.70Dec. soybean oil closed at 44.84, down 68 pointsDec. wheat closed at $5.49 and 3/4, up 2 and 1/2 centsDec. live cattle closed at $186.57, up $2.47Jan. feeder…Continue Reading

Wheat clings onto modest gains

Soybeans were lower on profit taking and technical selling, with some months falling below what had been support. Contracts gave back some recent gains, with spillover pressure from soybean products. Part of the pressure in bean meal and oil stemmed from the fundamental implications of big crops out of Argentina and Brazil. Parts of South…Continue Reading

Farmers looking at fungicides in 2025

A technical marketing manager with BASF says 2024 is a reminder of the challenges brought on by crop diseases. Kim Tudor tells Brownfield across the Midwest two diseases in corn were at the forefront. “Tar spot and southern rust.”  She says, “I think southern rust surprised a lot of people.  We had those hurricanes that…Continue Reading

Ag groups want farm bill movement

An ag lobbyist says the pressure is mounting for Congress to finish a farm bill before the end of the year. Tom Sell with Combest, Sell, and Associates says he questions the timing of Senator Stabenow’s bill introduced this week. “If she tried to work that bill up through a committee, it would have real…Continue Reading

State celebrates Michigan Craft Beverage Month

The Michigan Craft Beverage Council Executive Director says the sector has a major impact on urban and rural areas of the state. Jenelle Jagmin tells Brownfield there are only a handful of Michigan counties without a craft beverage business. “The craft beverage industry in Michigan is big business, we’re a top ten producing state for…Continue Reading

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