Karah Janevicius with USA Rice says India and other countries, including China, subsidize farmers for rice production and should be held accountable for unfair trade practices. “They continue to pursue a policy posture that protects their domestic producers and consumers of any imported rice.” She says that puts U.S. farmers at a disadvantage in the…… Continue Reading
Farmers monitoring U.S., South American weather, economist says
Pictured: AgMarket.Net’s Jim McCormick at the 2025 Commodity Classic (Photo by Brent Barnett/Brownfield) An ag economist says he’s keeping a close eye on global weather issues. Jim McCormick with AgMarket.Net says conditions have been favorable for South American producers. “Brazil’s crop is going to be a big one. Argentina’s corn crop is a little bit…… Continue Reading
South Dakota corn continues push for E15 solution
The vice president of South Dakota Corn says permanent year-round E15 access would give farmers a reliable market for their grain. Trent Kubik tells Brownfield, “It’s a cleaner burning fuel. Being homegrown, our corn is one of the most sustainable feedstocks you can use for fuel production. Even beyond E15, there’s a lot more uses…… Continue Reading
Cattle futures mostly higher to start the week
At the Chicago Mercantile Exchange, live cattle were up, and feeders were mixed, mostly higher, ahead of the week’s direct business. April lives closed $.30 higher at $200.57 and June live cattle closed $.75 higher at $197.22. April feeder cattle closed $.22 lower at $277.92 and May feeders closed $.35 higher at $278.55. Direct cash…… Continue Reading
Closing Grain and Livestock Futures: March 10, 2025
May corn closed at $4.72, up 2 and 3/4 centsMay soybeans closed at $10.14, down 11 centsMay soybean meal closed at $302.30, down $2.10May soybean oil closed at 42.26, down 116 pointsMay wheat closed at $5.62 and 1/2, up 11 and 1/4 centsApr. live cattle closed at $200.57, up 30 centsApr. feeder cattle closed at…… Continue Reading
Soybeans down, wheat and corn up ahead of WASDE
Soybeans were lower on fund and technical selling. The trade’s monitoring harvest activity in South America, keeping an eye on tariff moves and getting ready for Tuesday’s USDA numbers. Ahead of the report, most analysts expect little change to domestic ending stocks and modest adjustments for crops in both Argentina and Brazil. That report is…… Continue Reading
Consumers concerned about tariff impacts on food prices
A University of Illinois study shows most consumers expect tariffs to increase the prices they pay for food. “People that are worried about tariffs are also much more worried about short-term inflation.” Maria Kalaitzandonakes tells Brownfield when it comes to the economy, there are two things consumers pay close attention to. “Food prices and…… Continue Reading
An optimistic outlook on trade with Mexico
A southern Indiana farmer says maintaining key export markets is crucial to profitability for producers. Matthew Lucas is the vice president of the Indiana Corn Marketing Council. “That is the biggest concern for ag producers,” he says. “How these tariffs are going to unfold on US products moving into Mexico. Is pork going to be part…… Continue Reading
Patented technology differentiates Pivot Bio
Pivot Bio offers products that optimize crop production through specifically timed and placed nitrogen delivery. Logan Woodford, Product Development Manager, based in Illinois, tells Brownfield patented technology of gene edited nitrogen-fixing bacteria differentiates Pivot Bio in the marketplace. Cyndi Young talked with Logan Woodford at Commodity Classic 2025: The post Patented technology differentiates Pivot Bio…… Continue Reading
Farm Credit system seeing impact of down ag economy
The slumping ag economy is having real world impacts. Bill Davis, CEO of Oklahoma Ag Credit, told the 123rd annual convention of the National Farmers Union in Oklahoma City that concerns are mounting across the countryside. “We haven’t seen default stress in our portfolio generally yet, but we are concerned about the trends that we’re…… Continue Reading
