December 3, 2024

A U.S. Senator from Indiana says reports that Colombia is considering an investigation into U.S. corn subsidies is concerning. Republican Todd Young says Colombian officials are misguided in their assertion the subsidies aren’t consistent with the existing trade agreement between the two countries. “My objective here is to speak some sense to the administration and […] The post Indiana Senator urging U.S. intervention with Colombia over potential subsidies investigation appeared first on Brownfield Ag News. View Full Story

At the Chicago Mercantile Exchange, live and feeder cattle were sharply higher ahead of the week’s direct cash business.  February live cattle closed $1.15 higher at $189.07 and April lives closed $1.02 higher at $191.15.  January feeders closed $2.45 higher at $259.30 and March feeders closed $1.72 higher at $257.27.  Direct cash cattle trade activity […] The post Cattle futures higher ahead of direct business appeared first on Brownfield Ag News. View Full Story

An agreement between Murphy Family Ventures and Smithfield will allow the Murphy family to return to independent pork production. In a news release, Smithfield says the agreement establishes a Murphy-owned farming business with capacity to produce approximately 3.2 million hogs annually for Smithfield’s fresh pork operations. The company will assume ownership of 150,000 sows, and […] The post Murphy family farming business to be re-established appeared first on Brownfield Ag News. View Full Story

December Class III milk futures on the Chicago Mercantile Exchange down a penny at $18.51.  January 3 cents lower at $18.22.  February down six at $18.55.  March through May milk futures steady to 8 cents lower. Dry whey down $0.0025 at $0.7250 Barrels up $0.0450 at $1.65 Blocks up $0.0325 at $1.67 Butter up $0.0275 […] The post Milk futures lower, cash dairy mixed Tuesday appeared first on Brownfield Ag News. View Full Story

Mar. corn closed at $4.32 and 1/4, down 1/4 centJan. soybeans closed at $9.91 and 3/4, up 6 and 1/2 centsJan. soybean meal closed at $290.40, up $2.50Jan. soybean oil closed at 42.14, up 72 pointsMar. wheat closed at $5.47 and 1/2, up 1/4 centFeb. live cattle closed at $189.07, up $1.15Jan. feeder cattle closed […] The post Closing Grain and Livestock Futures: December 3, 2024 appeared first on Brownfield Ag News. View Full Story

Brownfield stock photo: Brownfield’s Brent Barnett (right) interviews NASDA CEO Ted McKinney in Cheyenne, Wyoming The CEO of the National Association of State Departments of Agriculture says he doesn’t anticipate any changes in their 2025 policy priorities despite a new incoming administration. Ted McKinney says NASDA expects President-elect Donald Trump will be more assertive on […] The post NASDA CEO discusses policy priorities under incoming Trump admin appeared first on Brownfield Ag News. View Full Story

Iowa’s deputy ag secretary says he’s optimistic Japan will expand its purchases of U.S. ethanol. Grant Menke says it was a big discussion point during a recent trade mission to the country. “Right now, cars in Japan are running on the equivalent of an E1.9, but now the regulations have been cleared to allow for […] The post Optimism for Japan’s future ethanol purchases appeared first on Brownfield Ag News. View Full Story

The head of the Iowa Renewable Fuels Association says carbon pipelines will be critical to the future of ethanol production. Monte Shaw tells Brownfield many markets are asking for “super” low-carbon ethanol. “The single most easy, most cost-effective way to lower the carbon of biofuels, ethanol specifically in this case, is CO2 capture and sequestration. […] The post IRFA stresses need for carbon pipeline projects appeared first on Brownfield Ag News. View Full Story

Michigan Farm Bureau members are debating policies that will take priority in the coming year with lawmakers. Matt Smego, Director of the Public Policy and the Commodity Division, tells Brownfield, “We had over 520 resolutions that were submitted from our 65 county Farm Bureaus and that culminates into the resolution book that the delegates will […] The post Michigan Farm Bureau members gather in Grand Rapids appeared first on Brownfield Ag News. View Full Story