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Farming has always been a contest of wills between farmers and forces largely beyond their control — weather, the economy and the glacial pace of legislation. In 2020, all three […] (full story) |
Be careful what you wish for. Actually, I did not wish for a bit of a selloff in the cotton market. Last week I merely indicated that it would be […] (full story) |
Across the Corn Belt, dry, breezy conditions are spreading across the upper Midwest, where a significant snow cover exists. Meanwhile, central and eastern sections of Corn Belt are experiencing a mix of rain and wet snow, as well as muddy... (full story) |
 The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness.... (full story) |
With cold air temporarily cut off from reaching the continental U.S., near- or above-normal temperatures can be expected during the next several days. The warmest weather, relative to normal, will be observed in the Great Lakes States. Mostly dry... (full story) |
Recent passage of a Congressional act may bring relief to farmers who experienced crop losses due to drought in 2018 and 2019. In December 2019, Congress passed the FY2020 Further […] (full story) |
Peanut prices received by farmers for all farmer stock peanuts averaged 21.7 cents per pound for the week ending January 18, down 1.5 cents from the previous week. Marketings of […] (full story) |
The purpose of USDA crop reports is to facilitate efficient functioning of agricultural markets and reduce information asymmetries. The latter objective is often referred to as “leveling the playing field.” […] (full story) |
March corn ends the week with a 2 cent loss, with Friday action helping to ensure the loss. On Friday corn moved lower by 5 to 6 1/2 cents, with the March contract the weakest. USDA announced a private export sale of 142,428 MT of corn sold to unknow... (full story) |
Cotton futures fell another 63 points on the last trade day of the week, which helped increase the weekly loss to 180 points. As of Tuesday, cotton spec traders were still, albeit less, net long. For the week ending 01/16 cotton bookings were up 32.1... (full story) |
Soybeans were down 7 1/2 on Friday, which ensured a weekly loss of 27 3/4 cents in the March contracts. Soybean meal futures closed $0.60/ton lower on Friday and closed the week $2.30/ton lower in the March futures. March soybean oil futures lost 46 ... (full story) |
Wheat was lower on Friday, with Minneapolis down the most. Despite a 7 cent giveback in March futures, SRW wheat was still 3 cents higher on the week. KC HRW futures were 6 1/4 lower from Friday’s action, and ended the week 8 3/4 cents lower. The M... (full story) |
Live cattle futures were mixed on Friday. Futures closed 30 cents lower in Jun contracts, and 12 to 17 cents higher in Feb and April futures. Despite the Friday gain Feb cattle were $1.50 lower wk/wk. Feeder cattle futures were lower by 85 to 97 cent... (full story) |
Lean hogs futures erased the Wednesday-Thursday gain, with Friday closes $1.27 to $1.90 lower. Feb futures were 45 cents lower on the week. The CME Lean Hog Index was 27 cents higher on 01/22, at $61.27. In the latest CoT report with positions data f... (full story) |
March corn ends the week with a 2 cent loss, with Friday action helping to ensure the loss. On Friday corn moved lower by 5 to 6 1/2 cents, with the March contract the weakest. USDA announced a private export sale of 142,428 MT of corn sold to unknow... (full story) |
Corn farmers are wondering about the direct and indirect benefits of the phase one trade agreement with China. Tom Haag of Minnesota, who serves on the National Corn Growers Board of Directors, tells Brownfield it’s okay that China has not been a... (full story) |
From every byte of every streamed television program we see, to the tweets, photos and stories that roll past us on social media, we live, breathe and drown in data. […] (full story) |
One of the most consistent yield responses I’ve seen in my time at UT is when a foliar insecticide application is made to wheat at this time of year. An […] (full story) |
Two U.S. Senators have reached out to the new Food and Drug Administration Commissioner asking for tougher enforcement of dairy labeling standards. Democrat Tammy Baldwin of Wisconsin and Republican Jim Risch from Idaho sent a letter to... (full story) |
A southeast Minnesota farmer likens diversification on his farm to board games. Tom Cotter is transitioning organic, grows hemp, incorporates strip and no-till practices, uses cover crops, and raises beef cattle on about 1,000 acres near Austin. ... (full story) |
The 2020 version of PB 1768, Insect Management Recommendations for Field Crops (and pasture), is now available. The guide has gone through substantial revision this year and closely matches the […] (full story) |
In this podcast, Larry Steckel provides a rundown of how applicators can get certified with Dicamba and Paraquat in addition to Private Applicator Recertification. He also gives a preview of […] (full story) |
The burley market so far has been extremely sluggish, except for those few growers who managed to avoid the bad weather and produce good tobacco. (full story) |
Cash Market The drought in Thailand continues to dominate rice trader’s attention. White 5% Broken has leaped another $9 mt this week. Thai prices are now $100 per ton above […] (full story) |
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Market Watch with Alan Brugler January 24, 2020 Cold Water It’s the middle of winter in North America. While we haven’t had much of the extreme cold (cross your fingers), the wind chills have been enough... (full story) |
 This week, we look at the spreading Coronavirus and its impact on markets, as well as the ongoing rally in corn. (full story) |
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The president of the Minnesota Soybean Growers says the outlook for 2020 would be far different if it weren’t for the Market Facilitation Program. “I think it would be dismal.” Jamie Beyer, who farms north of Wheaton in west-central... (full story) |
At the Chicago Mercantile Exchange, live cattle ended the day mixed, mostly lower on spread adjustment ahead of Friday’s Cattle on Feed report and steady to weak cash business this week. Feeder cattle were lower on the same factors. February live... (full story) |
The Texas A&M AgriLife Extension Service will host the Llano Estacado Cotton Conference on Feb. 4 at the Bailey County Electric Cooperative, 610 E. American Blvd., Muleshoe. The program will […] (full story) |
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Soybeans were lower on fund and technical selling, with the most active contracts posting sharp week to week losses. The USDA says China was the leading buyer of U.S. beans last week, but it was a routine amount and unknown destinations canceled on... (full story) |
Mar. corn closed at $3.87 and 1/4, down 6 and 1/2 cents Mar. soybeans closed at $9.02, down 7 and 1/2 cents Mar. soybean meal closed at $298.30, down 60 cents Mar. soybean oil closed at 32.02, down 46 points Mar. wheat closed at $5.73 and 1/2, down 7... (full story) |
By Jennifer Brown This market update is a PorkBusiness.com weekly column reporting trends in weaner pigs. All information contained in this update is for the week ended Jan. 24. Looking at hog sales in July 2020 using August 2020 futures,... (full story) |
Milk futures on the Chicago Mercantile Exchange ended the week on the upper side of $18 per hundredweight while cash markets were mostly lower. January Class III milk up four cents at $17.04. February up two cents at $18.00. March... (full story) |
A news release from the U.S. Environmental Protection Agency (EPA) on Thursday stated that, “Today, at an event at the National Association of Home Builders International Builders’ Show in Las […] (full story) |
An ag economist says it’s time to choose between the Ag Risk Coverage and Price Loss Coverage programs for the 2020 crop year. Paul Mitchell with the University of Wisconsin tells Brownfield the price expectations relative to the new... (full story) |
Spot quotations averaged 54 points lower than the previous week, according to the USDA, Agricultural Marketing Service’s Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, […] (full story) |
The USDA says December 2019 poultry production was up 11% from December 2018 at 4.136 billion pounds. That includes a 13% jump for chicken to 3.677 billion pounds, cancelling out a slight decrease in turkey production to 446.679 million. The... (full story) |
Cattle placements into feedlots were up in December, the fourth month in a row with an increase. The USDA says placements grew by 3% from December 2018 to 1.828 million head, with most of those cattle weighing less than 800 pounds, continuing the... (full story) |
A diversified organic farm in the Great Lakes says they’ve been able to grow and supply larger markets as more consumers have demanded organic foods. Molter Produce in Southwest Michigan became certified organic 11 years ago, starting with 25... (full story) |
The grain markets continue a negative trend – despite good demand news. March corn was down 2¢ and March soybeans were down 28¢ for the week ending Jan. 24. March wheat was up 2.5¢. Check current market prices . “Corn made new highs this week,”... (full story) |
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The January crop reports from USDA are behind the market. The Phase One agreement with China is now in place. While both events still have lingering questions, Chip Nellinger of Blue Reef Agri-Marketing told AgDay the market will start watching... (full story) |
United States Cattle on Feed Up 2 Percent... (full story) |
Peanut Price Highlights. Peanut prices received by farmers for all farmer stock peanuts averaged 21.4 cents per pound for the week ending January 4, down 0.8... (full story) |
Ready-to-Cook Weight Up 11 Percent from Last Year... (full story) |
A 2019 survey of land sales in the U.S. shows slight increases in the number of land sales and prices. The Land Market Survey by REALTORS Land Institute reports more than a two percent increase in land dollar sales volume across all types of land.... (full story) |