Articles by nedvedmedia
Closing Grain and Livestock Futures: June 4, 2026
Jul. corn $4.24 and 1/2, down 7 centsJul. soybeans $11.29 and 1/2, down 24 and 1/2 centsJul. soybean meal $313.70, down $7.10Jul. soybean oil 76.29, down 242 pointsJul. Chicago wheat $5.81 and 3/4, down 5 [Read More…]
Despite ongoing economic stress, Farm Credit Illinois CEO encouraged by industry resilience
The CEO of Farm Credit Illinois says the ag economy continues to show signs of stress. Kelly Hunt says some difficult conversations took place during the cooperative’s loan renewal season. “We’re probably seeing some of [Read More…]
Cooper: Congress looking for ‘any opportunity’ to advance nationwide E15
Geoff Cooper with the Renewable Fuels Association tells Brownfield there’s broad support for the Nationwide Consumer and Fuel Retailer Choice Act of 2025 in the U.S. Senate. “I think there’s a good understanding of how [Read More…]
Producers advocate for policy changes impacting ranch operations
Cattle producers bring their policy concerns to Capitol Hill. Attendees of this year’s event are meeting with their state’s Congressional representatives and staffs throughout the day to share priorities impacting their operations. Eastern Nebraska cow/calf [Read More…]
Reductions in equipment tariffs won’t likely translate to farmer cost savings
An ag economist says tariff reductions on ag equipment aren’t expected to provide significant price relief for U.S. farmers. David Widmar with Agricultural Economic Insights tells Brownfield,” We haven’t seen in the data that prices of equipment, [Read More…]
Assessing the commodity markets
Grain prices were trending lower at mid-week. On this episode of Managing for Profit, Allendale director of brokerage Greg McBride talks about some of the current market drivers including sluggish demand, weather challenges in the [Read More…]
USDA confirms New World screwworm in Texas
New World screwworm has been confirmed in the United States. During a call with reporters Wednesday evening, Ag Secretary Brooke Rollins the lone case was found in the umbilical area of a three-week-old calf in [Read More…]
Possible New World screwworm detected in Texas, USDA confirms testing underway
The USDA says it is testing to confirm a possible case of New World screwworm that was found inside the United States. In a post on X, the department said a case may have been [Read More…]
Soybeans, corn, wheat all lower at midweek
Soybeans finished the day lower on fund and technical selling. Demand has been a bit sluggish recently. The market also continues to monitor weather, as the growing season has been off to a solid start. [Read More…]
USDA’s specialty crop assistance helps some, not all
An economist says USDA’s recently announced assistance program for specialty crop producers helps some producers but fails to help others. Economist Danny Munch with the American Farm Bureau Federation says USDA’s 1.625 billion dollars for [Read More…]
Illinois conservation districts wrestling with stagnant, inadequate funding
The executive director of the Association of Illinois Soil and Water Conservation Districts says the state’s new budget is disappointing. “Unfortunately, we were held level for the third year in a row at $4.5 million [Read More…]
Food industry innovator encouraging growth in Michigan food processing
The founder of Chobani says he expects to see more food processing come to West Michigan. Hamdi Ulukaya tells Brownfield, “I think the next company that comes to the area is a fruit processor, the [Read More…]
Closing Grain and Livestock Futures: June 3, 2026
Jul. corn $4.31 and 1/2, down 9 centsJul. soybeans $11.54, down 11 and 1/4 centsJul. soybean meal $320.80, down $5.40Jul. soybean oil 78.71, up 30 pointsJul. Chicago wheat $5.87, down 15 and 3/4 centsAug. live [Read More…]
Cattle producers voicing concerns as data centers compete for land, water resources
There is growing concern that data centers will pose a threat to the future of the ag industry. Virginia cattle producer Rebecca Webert says her state has highest number of facilities in the country and [Read More…]
Base acre changes could help strengthen the farm safety net
A crop insurance agent says base acre changes could increase farm program payments this fall. In this episode of Managing for Profit, Jason Williamson with Williamson Crop Insurance says some farmers could have expanded access [Read More…]
Early-season warmth, heat for most; increased rainfall chances for most areas, centered on the Plains
Looking ahead, the 6- to 10-day outlook calls for near- or above-normal temperatures nationwide, with the north-central U.S. having the greatest likelihood of experiencing unusual warmth. Meanwhile, near- or below-normal precipitation in much of the [Read More…]
Welcome rains on parts of the Plains, western Corn Belt; temps warm across the eastern Corn Belt
Across the Corn Belt, mostly dry weather prevails. Spotty thundershowers are occurring, however, in the southwestern Corn Belt. Meanwhile, cool conditions in the eastern Corn Belt contrast with warm weather west of the Mississippi River. [Read More…]
Latest New World screwworm detection in Mexico prompts USDA to reinforce surveillance and prevention efforts
The USDA says it is working around the clock to keep New World screwworm out of the United States. New World screwworm, the parasitic fly that eats the flesh of warm-blooded animals, was recently detected [Read More…]
Milk futures remain strong for now
A market analyst says the milk futures market still looks good in the near months. Mike North with Ever.ag tells Brownfield the Class IV milk which primarily goes towards butter production is paying well right [Read More…]
Farm Bureau explores possible Dairy Margin Coverage adjustments
Economist Danny Munch says the American Farm Bureau Federation is looking at ways to improve the federal safety net programs like the Dairy Margin Coverage program. “Particularly last year, feed costs were low, but other [Read More…]
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