June 24, 2025

Iowa Lottery to beat budget projections despite drop in Lotto game sales

The Iowa Lottery is on track to finish the fiscal year at the end of this month ahead of projections. Lottery CEO Matt Strawn updated the Lottery Commission today. “Through May 2025, total lottery sales of $400,986,731 are 4.61% or $17.7 million ahead of forecasted budget projections in sales for the fiscal year,” Strawn says. […] View Full Story

Farm groups optimistic about next WOTUS rule

The Environmental Protection Agency wants a new Waters of the U.S. rule by the end of the year and ag groups are optimistic it will be less burdensome on producers. Courtney Briggs with American Farm Bureau Federation says the EPA’s goal is ambitious.  “We do expect there to be a public comment period and an interagency review […] The post Farm groups optimistic about next WOTUS rule appeared first on Brownfield Ag News. View Full Story

Cattle futures mostly lower ahead of the week’s business

At the Chicago Mercantile Exchange, live and feeder cattle were mixed, mostly lower ahead of the week’s direct business.  August live cattle closed $.17 higher at $209.55 and October live cattle closed $.15 lower at $206.95. August feeder cattle closed $.55 lower at $302.25 and September feeder cattle closed $.17 lower at $302.45.  Direct cash […] The post Cattle futures mostly lower ahead of the week’s business appeared first on Brownfield Ag News. View Full Story

Federal proposal would bring black vulture relief

The director of commodity programs and food systems with the Illinois Farm Bureau says a re-introduced federal proposal would make it easier for farmers and ranchers to control federally protected black vultures. Tasha Bunting tells Brownfield the birds are predators that tend to target young livestock. “What we are seeing is definitely not a slowdown in […] The post Federal proposal would bring black vulture relief appeared first on Brownfield Ag News. View Full Story

Grains monitor energy markets

An ag economist says corn and soybean futures will be monitoring the energy markets in the short-term. Allendale’s Greg McBride tells Brownfield the conflict with Iran has caused crude oil to have some volatility. “When it comes to corn, beans, wheat or anything like that, at this time of the year we’re going to be […] The post Grains monitor energy markets appeared first on Brownfield Ag News. View Full Story

Grains monitor energy markets

An ag economist says corn and soybean futures will be monitoring the energy markets in the short-term. Allendale’s Greg McBride tells Brownfield the conflict with Iran has caused crude oil to have some volatility. “When it comes to corn, beans, wheat or anything like that, at this time of the year we’re going to be […] The post Grains monitor energy markets appeared first on Brownfield Ag News. View Full Story

Heatwave accelerates crop growth and crop pests

Recent heat is expected to accelerate the development of crop pests. Iowa State University Extension entomologist Erin Hodgson says Growing Degree Day Units have exploded with heat indexes in the triple digits across several Midwestern states. “That’s going to accelerate everything, plant growth but also insect growth. So it’s going to speed up everything, the […] The post Heatwave accelerates crop growth and crop pests appeared first on Brownfield Ag News. View Full Story

Closing Grain and Livestock Futures: June 24, 2025

Jul. corn closed at $4.16 and 1/4, down 3 centsJul. soybeans closed at $10.46 and 3/4, down 12 centsJul. soybean meal closed at $280.50, down $1.90Jul. soybean oil closed at 52.17, down 107 pointsJul. wheat closed at $5.35 and 3/4, down 17 centsAug. live cattle closed at $209.55, up 17 centsAug. feeder cattle closed at […] The post Closing Grain and Livestock Futures: June 24, 2025 appeared first on Brownfield Ag News. View Full Story

Another down day for soybeans, corn, wheat

Soybeans were lower on fund and technical selling. The USDA’s national crop rating held at 66% good to excellent with near-term development conditions mostly seen as favorable. The question of just how many acres were planted in 2025 gets its initial answer on the 30th, with the USDA also releasing the quarterly grain stocks numbers […] The post Another down day for soybeans, corn, wheat appeared first on Brownfield Ag News. View Full Story

Economist says there is some potential for growth in the cattle herd

A livestock economist says the slowdown in beef cow slaughter could be a sign that herd liquidation is coming to an end. University of Kentucky’s Kenny Burdine says that through May, beef cow slaughter has declined 18 percent from this time last year.  “We probably came into 2024 and 2025 with a little bit younger […] The post Economist says there is some potential for growth in the cattle herd appeared first on Brownfield Ag News. View Full Story