December 5, 2024

Mar. corn closed at $4.35, up 5 centsJan. soybeans closed at $9.93 and 3/4, up 10 centsJan. soybean meal closed at $291.10, down 80 centsJan. soybean oil closed at 42.31, up 89 pointsMar. wheat closed at $5.58 and 1/4, up 10 centsFeb. live cattle closed at $186.32, down $2.00Jan. feeder cattle closed at $254.92, down […] The post Closing Grain and Livestock Futures: December 5, 2024 appeared first on Brownfield Ag News. View Full Story

Soybeans were higher on fund and technical buying. Beans saw some additional direction from bean oil, which was up on solid global demand expectations. Soybean meal was down on product spread trade and profit taking. Weekly export sales were larger than average at 85 million bushels, with China and unknown destinations topping the list. Additionally, […] The post Soybeans, corn, wheat see modest gains Thursday appeared first on Brownfield Ag News. View Full Story

Congressman Derrick Van Orden with a copy of the House Farm Bill package passed in May A Wisconsin member of the House Agriculture Committee expects some farm-related legislation in the lame duck session of Congress, but not a full farm bill. Derrick Van Orden says, “I’ll be frank. That ain’t happening in this Congress.” Van […] The post Lawmakers looking at last-minute farm bill options appeared first on Brownfield Ag News. View Full Story

The Michigan Farm Bureau Family of Companies is partnering with Michigan State University to expand the livestock pavilion on campus. Vice President of Marketing Deb Dansby with Michigan Farm Bureau Insurance tells Brownfield, “We have partnered with MSU under a 15-year agreement to infuse a little over $6.3 million.” “We’re really looking forward to working […] The post MSU Pavilion receives major commitment from Michigan Farm Bureau appeared first on Brownfield Ag News. View Full Story

The head of RaboReasearch Food and Agribusiness for North America says global food and ag trade could be more complex under the incoming Trump administration. Roland Fumasi says the proposed tariffs are a triple-negative and concerning to the economics of the food and ag sector.  “Any import tariffs are inflationary for certain farm inputs,” he […] The post Global trade could get more complex under incoming Trump administration appeared first on Brownfield Ag News. View Full Story

Pictured: Iowa state climatologist Justin Glisan (Brownfield photo) The state climatologist for Iowa says he’s keeping a close eye on subsoil moisture profiles across the region. Justin Glisan with the Iowa Department of Agriculture and Land Stewardship says it’s an important factor for the 2025 growing season. “Where we are in terms of soil moisture, […] The post Subsoil moisture outlook for 2025 appeared first on Brownfield Ag News. View Full Story

A southwest Indiana farmer says more farmers should consider implementing sustainable ag practices. Don Villwock is the co-chair of Indiana Smart Agriculture. “For two years, we had conversations of how we need to improve practices to deal with our changing climate,” he says. He tells Brownfield he’s been using no-till practices for more than 40 years. “That […] The post Benefits of using sustainable ag practices appeared first on Brownfield Ag News. View Full Story

An ag economist at the University of Illinois says farmer debt levels in terms of dollars are rising. However, Nick Paulson says that’s mostly attributed to the modern cost of farming. “The assets that debt is using to finance is just becoming more costly and more valuable.”  He says, “Increasing machinery costs, increasing land values, […] The post Farmer debt levels rising appeared first on Brownfield Ag News. View Full Story