December 23, 2024

Soybeans were mostly lower on fund and technical selling, following a couple of days with higher business last week.  The trade continues to monitor crop development weather in South America, which has been largely supportive to a larger crop in Brazil, while there is some drier weather in the forecast for Argentina. Soybean meal had […] The post Soybeans mostly lower to start the week appeared first on Brownfield Ag News. View Full Story

Mar. corn closed at $4.47 and 3/4, up 1 and 1/2 centsJan. soybeans closed at $9.69 and 1/2, down 5 centsJan. soybean meal closed at $289.50, down $5.00Jan. soybean oil closed at 40.23, up 75 pointsMar. wheat closed at $5.40 and 1/2, up 7 and 1/2 centsFeb. live cattle closed at $187.45, down 95 centsJan. […] The post Closing Grain and Livestock Futures: December 23, 2024 appeared first on Brownfield Ag News. View Full Story

At the Chicago Mercantile Exchange, live cattle were mostly lower, and feeders were up ahead of the week’s direct business.  Boxed beef was mixed at midday. February live cattle closed $.95 lower at $187.45 and April live cattle closed $.42 lower at $189.79.  January feeder cattle closed $1.00 higher at $356.60 and March feeder cattle […] The post Live cattle, hogs mostly lower to start the week appeared first on Brownfield Ag News. View Full Story

A southeast Iowa turkey producer says he’s concerned about the rising number of highly pathogenic avian influenza cases across the state. “My heart goes out to all those folks that have had to deal with it. It’s devastating,” said Tim Meyer of Henry County. Meyer raises nearly 60,000 turkeys annually and says biosecurity is his […] The post Biosecurity priority number 1 for Iowa turkey producer appeared first on Brownfield Ag News. View Full Story

Supplies of red meat and poultry in cold storage got tighter in November. The USDA says frozen red meat stocks were down 5 percent from last year.  Compared to last year, beef supplies were down 4 percent, and pork supplies were down 6 percent.  Stocks of pork bellies increased 39 percent on the month but […] The post Red meat, poultry supplies tighten appeared first on Brownfield Ag News. View Full Story

The director of the Indiana Agricultural Law Foundation says farm succession planning needs more attention. John Shoup tells Brownfield, “Families don’t talk about the future of the farm and the legacy they want to create for the farm.” He says it can be as easy as having a conversation. “Talk about it and arrange a […] The post Shining a light on succession planning appeared first on Brownfield Ag News. View Full Story

U.S. hog producers continue to increase productivity. The USDA says there were 75.8 million hogs and pigs in the U.S. on December 1st, an increase of 1% from a year ago.  Breeding inventory was up slightly from last year, but down a percent from the previous quarter.  Market hog inventory was up 1 percent from […] The post Productivity increases continue in U.S. hog production appeared first on Brownfield Ag News. View Full Story

The CEO of AgriNovus Indiana launches program to boost ag innovation Indiana has launched Velocity, a program to boost ag innovation.  Mitch Frazier says producer-led initiatives are helping farmers address some of the toughest challenges they face today.  “Bio innovation, food is health, and farmer led innovation,” he says. “We’re looking to define the challenges […] The post AgriNovus Indiana launches program to boost ag innovation appeared first on Brownfield Ag News. View Full Story

The executive director of the Soy Transportation Coalition says ag transportation continues to face headwinds.  Mike Steenhoek tells Brownfield one of those challenges is the low water conditions on the Mississippi River. “We had drought conditions earlier this year also in late 2023 at the Panama Canal,” he says.  “Plus the strikes or the threat […] The post Concerns remain about ag transportation appeared first on Brownfield Ag News. View Full Story