Combined U.S./Canada cattle, hog herds mixed

Combined U.S. and Canadian cattle and hog inventory numbers were mixed when compared to a year ago. The USDA and Statistics Canada say that combined hog herd was slightly larger than this time last year at 89 million head, with a modest increase for the U.S. to 75.1 million head canceling out a 1% decrease…Continue Reading

Local grain prices responding to lack of China demand

An ag economist says the increased trade tensions between the U.S. and China are starting to negatively impact soybean prices. “We haven’t seen a big response in the futures market, but we have in the cash market,” says Frayne Olson, North Dakota State University Extension. China hasn’t purchased any U.S. soybeans for the new crop…Continue Reading

Closing Grain and Livestock Futures: August 27, 2025

Sep. corn closed at $3.82 and 1/2, down 5 centsSep. soybeans closed at $10.27 and 1/4, down 1 and 1/2 centsSep. soybean meal closed at $293.10, down $4.10Sep. soybean oil closed at 52.47, down 29 pointsSep. wheat closed at $5.02 and 1/4, down 7 and 1/4 centsOct. live cattle closed at $239.52, up $1.32Sep. feeder…Continue Reading

Self-insurance model called captive insurance

An insurance specialist is encouraging farmers to consider a risk management tool called captive insurance. Van Carlson says his company, SRA 831 (b) Admin, helps business owners develop a self-insurance model. “If I have a huge deductible on my building, or have an actual cash value minus depreciation. Which means if I have a 20-year…Continue Reading

Broiler placements gain on week, year

Broiler hatchery numbers were mixed on the week, up on the week. The numbers are in line with USDA projections for a year-over-year increase in broiler chicken production. The USDA says 249.313 million broiler-type eggs were set into incubation, dropping 961,000 on the week, but rising 1% on the year, with average hatchability improving slightly…Continue Reading

Michigan cash rents post widespread results

Michigan cash rental values are unchanged this year despite farmland values in the state seeing the largest increase nationwide. Jon LaPorte is a Farm Business Management Educator with Michigan State University Extension. “It really is quite a mixture across the state,” he says. “It’s really hard to pinpoint down that one area because of higher production maybe went…Continue Reading

Expanding the market for U.S. soy

The CEO of the U.S. Soybean Export Council says expanding market access remains a top priority for soybean farmers heading into the new marketing year.  Jim Sutter says China’s retaliatory tariffs have put the U.S. at a competitive disadvantage.  “The number one focus is making sure that we get the opportunity to be on a…Continue Reading

U.S. ethanol stocks tightest since early January

U.S. ethanol stocks fell to a more than seven-month low last week. The U.S. Energy Information Administration the domestic ethanol supply of 22.549 million barrels was down 139,000 on the week and 1.023 million on the year, implying solid demand late in the summer driving season. That’s the smallest U.S. ethanol inventory since the week…Continue Reading

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