More stable hog market

A swine lending specialist anticipates more stability in the hog market going into 2025. Daryl Timmerman with Compeer Financial also serves as president of the Minnesota Pork Producers Association. “As we look forward, certainly profitability is more stable. It’s still going to be a tough challenge for many, we expect some volatility to continue.” He…… Continue Reading

Chinese interest in equine creating unique opportunity for Kansas and Nebraska

China’s growing equestrian market is creating opportunities for the equine industry in Kansas and Nebraska. Tessa Beeman with the Kansas Department of Agriculture says a Chinese trade delegation recently toured several facilities to learn more about American Paint Horses. “Some were boarding facilities that offer training and riding lessons. Some were small breeders that had…… Continue Reading

Riceville-to-Riceville hurricane relief

Being the namesake of a small town in north Iowa helped spark an effort to help victims of Hurricane Helene in Riceville, North Carolina. Ruth Meirick is the foundation director for Minnesota Farm Bureau and says she felt compelled to help those impacted as she watched coverage of the hurricane. “I was listening to a…… Continue Reading

Closing Grain and Livestock Futures: October 18, 2024

Dec. corn closed at $4.04 and 3/4, down 2 centsNov. soybeans closed at $9.70, down 18 and 3/4 centsDec. soybean meal closed at $315.60, down $2.50Dec. soybean oil closed at 41.82, down 77 pointsDec. wheat closed at $5.72 and 3/4, down 16 and 3/4 centsDec. live cattle closed at $187.32, up $1.15Nov. feeder cattle closed…… Continue Reading

Soybeans, corn, wheat see daily, weekly losses

Soybeans were lower on fund and technical selling, along with the drop in crude oil, cementing a big weekly decline. Soybeans continue to monitor U.S. harvest weather and South American planting conditions. Weekly sales were solid at 62.6 million bushels with China and Egypt leading the way. Friday morning, the USDA reported the sale of…… Continue Reading

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