Articles by nedvedmedia
Wheat moves higher to end the week, soybeans were lower
Soybeans were lower on profit-taking, giving back much of Thursday’s gains. Soybean meal moved lower to finish the week. The trade has been keeping a very close eye on crop development weather in South America. [Read More…]
An increase in ethanol production
U.S. ethanol production inched higher last week. The U.S. Energy Information Administration says production averaged one million, one hundred, ten thousand barrels per day, Ethanol stocks were reported at 23.1 million barrels, the largest level since the end [Read More…]
Soybeans, corn, and wheat all move higher
Soybeans led the way higher on Thursday. Soybean meal moved higher again Thursday, helping support the market. There is some dryness in the forecast for Argentina over the next couple of weeks, and traders are [Read More…]
Closing Grain and Livestock Futures: December 26, 2024
Mar. corn closed at $4.53 and 3/4, up 5 and 1/4 centsJan. soybeans closed at $9.88, up 12 and 3/4 centsJan. soybean meal closed at $305.70, up $12.80Jan. soybean oil closed at 39.47, down 37 [Read More…]
Milk production reports could offer more
A dairy economist says USDA milk production reports don’t give the full picture of cow productivity. Corey Geiger with CoBank tells Brownfield component levels rather than volumes are driving prices. “We need to start thinking [Read More…]
Obligated IRA funds guaranteed to continue
A USDA Deputy State Director says many Inflation Reduction Act-funded projects will continue under the Trump administration regardless of its policy priorities. Rural Development’s Valarie Handy, based in Michigan, tells Brownfield, “Once funds have been [Read More…]
Soybeans, corn mostly higher heading into midweek holiday
Soybeans were mostly higher in very low-volume trade. The market worked to recover its losses from Monday’s session. Soybean meal was stronger on Tuesday and that helped provide some support. The trade continues to monitor [Read More…]
Closing Grain and Livestock Futures: December 24, 2024
Mar. corn closed at $4.48 and 1/2, up 3/4 centsJan. soybeans closed at $9.73 and 3/4, up 4 and 1/4 centsJan. soybean meal closed at $292.40, up $2.90Jan. soybean oil closed at 39.89, down 37 [Read More…]
Butter imports higher during 2024 despite record U.S. production
Consumers have had a strong appetite for butter in 2024. Dairy Economist Corey Geiger with CoBank tells Brownfield consumption was up 11 percent in the U.S. “We’re making more butter than we ever did in [Read More…]
A focus on soil health
A southern Illinois based agronomist says focusing on soil health in the midst of the economic downturn can benefit farmers in the long run. Nick Frederking with AgriGold tells Brownfield, “We always like to check for [Read More…]
Michigan confirms second case of HPAI in Ottawa County
The Michigan Department of Agriculture and Rural has confirmed a second case of highly pathogenic avian influenza in West Michigan this month. The affected commercial poultry flock in Ottawa County is currently under quarantine and [Read More…]
OFB grant is helping young professionals get their start in the industry
Photo provided by the Ohio Farm Bureau Federation. The executive director of the Ohio Farm Bureau Federation says a new grant program is helping young professionals get their start in the industry. Kelly Burns says [Read More…]
New FFA event designed for members with disabilities
Indiana FFA is creating a new career development event to reach more FFA members. Amanda Mullins, the assistant director of leadership and development says the Unified Horticulture CDE is designed for members with disabilities. “Students with [Read More…]
Fertilizer prices vulnerable to potential tariffs
An agronomy salesman says he’s nervous about the potential threat tariffs could have on fertilizer prices during the next administration. Phil Tuggle with Michigan Agricultural Commodities says there could be major price impacts. “We [Read More…]
Milder air expanding across much of the Heartland; wet weather on the southern Plains
Across the Corn Belt, wintry precipitation—snow and freezing rain—is causing some travel disruptions in the Great Lakes region, especially across Michigan and Wisconsin. Elsewhere, mild air is replacing previously frigid conditions, which led to a [Read More…]
An unseasonably mild, wet pattern to continue across the Heartland into next week
Looking ahead, the 6- to 10-day outlook calls for warmer-than-normal weather nationwide, with the Midwest having the greatest likelihood of experiencing above-normal temperatures. Meanwhile, near- or below-normal precipitation from southern California to the southern Plains [Read More…]
Record, near-record warmth to expand across the Heartland for Christmas Week; unseasonably wet
Mild weather will dominate the country during this Christmas holiday week, except for some lingering cold weather in the Northeast. In fact, temperatures at times will attain record-high levels for this time of year in [Read More…]
Soybeans mostly lower to start the week
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 [Read More…]
Closing Grain and Livestock Futures: December 23, 2024
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 [Read More…]
Live cattle, hogs mostly lower to start the week
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 [Read More…]