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CME milk futures, cash dairy markets end week higher
Brownfield Ag News15 minutes ago
Milk futures were higher and the cash dairy prices were mostly higher Friday on the Chicago Mercantile Exchange. May was up $0.42 at $17.80. June was up $0.44 at $18.07. July was up $0.31 at $18.33. August was up $0.13 at $18.54. September through November contracts ranged from three cents...
Iowa pork producer looks to farm bill for Prop 12 fix
Brownfield Ag News31 minutes ago
An Iowa pork producer is hopeful a solution for California’s Proposition 12 is coming in the next farm bill. Trish Cook of Winthrop is a past president of the Iowa Pork Producers Association and says she’s hearing the House is making progress. “GT Thompson, the chair of the House Ag...
MFB Young Farm Employee Award winner concerned about farmland fate
Brownfield Ag News31 minutes ago
A young farmer says he’s concerned about how new renewable energy projects will impact the availability of farmland. Andrew Braun grows corn, soybeans, and wheat in Clinton County with his family. “We don’t want to tell anyone what they can and can’t do on their own land, but also we...
Emergency waiver brings attention to potential pathways for year-round E15
Brownfield Ag News31 minutes ago
EPA’s emergency waiver allowing E15 sales this summer is heightening conversations on finding a permanent solution. Minnesota Corn Growers Association president Dana Allen-Tully says Congress is considering several bills that would make E15 available year-round nationwide. “I think at this point they haven’t narrowed it down.” She tells Brownfield Minnesota...
$3 Corn? That Could be the New Reality Without a Weather Problem This Year
AgWeb43 minutes ago
Are cultivated morel mushrooms possible?
Brownfield Ag News47 minutes ago
Researchers at Michigan State University are exploring the possibility of cultivating morel mushrooms in the U.S. Ag economics professor Steve Swinton tells Brownfield, “Even though it’s difficult to cultivate them outdoors and we’re still learning how to do this in the United States, the prices are high enough that there’s...
Hog futures supported by higher pork values during the session
Brownfield Ag News1 hour ago
At the Chicago Mercantile Exchange, live cattle were mostly higher, and feeders were lower watching Friday’s direct business develop and waiting for the On Feed numbers. June lives were $.30 higher at $175.67 and August lives closed $.02 higher at $173.55. May feeders closed $.55 lower at $242 and August...
Closing Grain and Livestock Futures: April 19, 2024
Brownfield Ag News1 hour ago
May corn closed at $4.33 and 1/2, up 6 and 3/4 centsMay soybeans closed at $11.50 and 1/2, up 16 and 1/4 centsMay soybean meal closed at $343.70, up $5.70May soybean oil closed at 44.38, up 26 pointsMay wheat closed at $5.50 and 1/4, up 13 and 1/2 centsJun. live...
Bull or Bear? Where Corn, Wheat, and Soybean Price are Headed
Barchart1 hour ago
Darin Newsom joins Bryce Doeschot on Market Journal to discuss the corn, wheat, soybean, and cattle markets.
Broader Market Retreats on Middle East Strife and Tech Stock Weakness
Barchart1 hour ago
The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.05%. US stock indexes settled mixed on Friday, with the S&P 500 falling to a...
High input prices concerning with low commodity prices, farmer says
Brownfield Ag News1 hour ago
Southwest Iowa farmer Jeff Jorgenson says the supply of inputs has improved over the last year, but some prices remain elevated. “I think there’s been some things that have happened in the past couple of years with tariffs and other issues around the globe that have caused us to sit...
Soybeans, corn, wheat bounce higher Friday
Brownfield Ag News1 hour ago
Soybeans were higher on fund and technical buying, but still finishing the week with losses. Contracts were a little oversold and unknown destinations bought 121,500 tons of mostly new crop U.S. beans ahead of the open. 13,500 tons are for 2023/24 and 108,000 tons are for 2024/25. The new marketing...