The vice president of the U.S. Grains Council says the top market for U.S. corn is buying more yellow corn than usual. “It’s up 33% more than it was last year.” Cary Sifferath tells Brownfield “their livestock industry, corn starch and sweetener industries continue to... Read More.
Chicago Mercantile Exchange live and feeder cattle futures were sharply higher, with support from the higher midday boxed beef and technical buying. That helped offset bearish expectations for Friday’s Cattle on Feed report and the light, but sharply lower, direct business during the... Read More.
Soybeans were higher on commercial and technical buying. Traders are watching the weather with high heat stressing the crop in most of the Midwest. Temperatures are expected to moderate in some areas this weekend, but conditions could stay mostly dry into early September.... Read More.
TOPEKA, Kan. (AP) — Governor Laura Kelly signed a bill Tuesday that will require Kansans to be 21 or older to legally buy tobacco products, starting July 1. The current age to buy cigarettes, electronic cigarettes and tobacco products is 18.The bill received bipartisan... Read More.
A streak of U.S. corn sales to China has helped support the market. Iowa State University Extension economist Chad Hart says the Chinese have become a top customer the past two years. “And so this recent run of sales to them is making a sizeable... Read More.
Chicago Mercantile Exchange live and feeder cattle were lower on follow through selling, with most months down sharply, waiting for the rest of the week’s direct cash cattle business. Feeders had additional pressure from the firm trade in corn. April live was down... Read More.
In this Managing for Profit, we’ll learn how a New York Stock Exchange-listed REIT, or real estate investment trust, allows the public to invest in farmland and farmers to work with a reliable landlord with the potential for land ownership. Farmland Partners CEO Paul... Read More.
Consumer demand for pork has held strong despite a more than 30 percent increase in retail pork prices over the past few years. But, Ag Economist Jayson Lusk with Purdue University says a recent survey by the university shows that consumers are starting to... Read More.
Soybeans were higher on fund and technical buying. Beans are watching near-term planting and development weather in South America, which generally looks favorable. Sustained demand from China is a concern due to slower economic growth. The continuation of Beijing’s zero-COVID policy is also... Read More.
A dairy market analyst says she’s watching how demand for butter weakens moving into the holidays. Sarina Sharp with the Daily Dairy Report tells Brownfield market signals earlier this year encouraged processors to sell cream rather than churn. In recent months grocers have been... Read More.