July 11, 2024

Beef, soybean meal export sales at marketing year lows

Export sales for a pair of key commodities hit marketing year lows during the week ending July 4th. The USDA says beef exports were down sharply on the week as several leading buyers did make purchases, but also made small reductions in those purchases. Soybean meal’s marketing year low followed a handful of outright cancelations. […] The post Beef, soybean meal export sales at marketing year lows appeared first on Brownfield Ag News. View Full Story

U.S. Senate committee increases 2025 ag budget

The U.S. Senate Appropriations Committee has unanimously passed a budget for 2025 that increases investments in agricultural research, conservation, and fully funds the Women, Infant, and Children program. Chair Patty Murray says the Agriculture, Rural Development, FDA, and Related Agencies bill is a lifeline for families. “This bill provides essential new resources to ensure the […] The post U.S. Senate committee increases 2025 ag budget appeared first on Brownfield Ag News. View Full Story

Grain markets hit four-year lows

The co-founder of AgMarket.net says this week’s four year low in the grain markets are likely just the beginning. Matt Bennett tells Brownfield the USDA’s June acreage report was not friendly. “The bearish part of the report was, according to the USDA, there’s a heck of a lot more old crop corn sitting around, you […] The post Grain markets hit four-year lows appeared first on Brownfield Ag News. View Full Story