Soybeans slipped lower on Tuesday despite tightening world supplies per USDA data, as contracts closed with 2 to 6 cent losses, led by the front months. CmdtyView’s national front month Cash Bean price was down 6 cent at $9.82 3/4. Soymeal futures were down $3.60/ton, as they failed to find...

Corn futures failed to see much positive reaction post-USDA report on Tuesday, despite a cut to both the Argentina and Brazilian crops. Contracts closed with losses of 6 to 8 cents in the front months and a penny lower in new crop December. The national average Cash Corn price from...

The wheat market posted losses across the three exchanges on Tuesday, failing to see any follow-through buying on bull friendly USDA data. Chicago SRW futures were down 1 to 2 ½ cents on the day despite midday gains. KC HRW futures faced some pressure, as contracts were 4 to 5...

Live cattle futures were back to sell mode, as the longs were back to taking money off the table on Tuesday. Contracts were down $1.50 to $2.20 at the close. There were no deliveries issued again on Tuesday for February live cattle. Cash trade has started to creep in at...

Lean hog futures found continued buying into the close on Tuesday, as contracts were up $1 to $1.35. USDA’s national average base hog negotiated price was reported at 88.55 in the Tuesday PM report. The CME Lean Hog Index was up 36 cents from the previous day on February 7...

Cotton futures largely ignored the larger projected stocks from the USDA on Tuesday, with contracts holding onto gains of 67 to 86 points into Tuesday’s close. The outside markets were supportive factors on Tuesday. Crude oil futures were up 86 cents/barrel, with the US dollar index back down $0.413 on...

The ag economy continues to face challenging times as the new Congress begins work on the next farm bill. During a House Ag Committee hearing on Tuesday, ag economist John Newton with Terrain said in the past three years, net farm income has declined by 26 percent and farm margins...

The president of the National Pork Producers Council is concerned about retaliatory tariffs. Lori Stevermer spoke to Brownfield during the Minnesota Pork Congress in Mankato and calls this an interesting time in agriculture. “One thing I think that’s really on peoples’ minds right away is just the tariff discussions, and...

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.29%. March E-mini S&P futures (ESH25 ) are up by +0.05%, and March E-mini Nasdaq...

Soybeans were lower on profit taking and technical selling. The USDA left 2024/25 U.S. ending stocks unchanged, while the production guess for Argentina was down and there was no change for Brazil. The USDA did lower its outlook for Paraguay’s crop but left exports steady. Imports by China held at...

Mar. corn closed at $4.84, down 7 and 1/2 centsMar. soybeans closed at $10.43 and 1/2, down 6 centsMar. soybean meal closed at $296.60, down $3.90Mar. soybean oil closed at 46.13, up 40 pointsMar. wheat closed at $5.77, down 2 and 1/2 centsApr. live cattle closed at $196.00, down $2.12Mar....

At the Chicago Mercantile Exchange, live and feeder cattle were down sharply as the market faces pressure from several different sides.  February lives closed $2.20 lower at $199.67 and April lives closed $2.12 lower at $196.  March feeder cattle closed $3.35 lower at $264.77 and April feeder cattle closed $2.80...

AgroLiquid agronomists say a delayed fertilizer program could help farmers improve their return on investment this year. Reid Abbot says farmers who plan to cut back this year’s upfront fertility program to reduce costs can always come back with targeted applications. “Go in-season with some maybe more efficient uses of...

The head of the National Cattlemen’s Beef Association says there are opportunities for agriculture as the new Congress gets to work. Colin Woodall says the leadership of both the U.S. Senate and House Ag Committees understand agriculture. “To be able to have Senator Boozman as the chair of the Senate...

A research veterinarian says an additional strain of the H5N1 virus has been found in dairy cattle, but it’s one he’s seen before.  Dr. Keith Poulsen with the Wisconsin Veterinary Diagnostic Laboratory tells Brownfield up until recently, farmers and researchers have been dealing with the B313 strain of the H5N1...