Soybeans were lower on profit taking and technical selling, in addition to the higher move in the dollar during the session. There’s more rain in the forecast for Argentina, while harvest conditions generally look good in Brazil. The USDA’s next round of supply,... Read More.
Chicago Mercantile Exchange live and feeder cattle futures were higher, supported by technical buying and strength in the broader market, getting ready for widespread direct business and the upcoming USDA Cattle on Feed report. December live was up $.92 at $175.85 and February... Read More.
A market analyst says strong soybean meal prices continue to drive soybean prices. Don Roose with U.S. Commodities tells Brownfield the world’s biggest supplier of soybean meal has tight supplies. “Last year, Argentina had a drought so they have a deficit. That’s really given... Read More.
A Nebraska farmer says he’s closely watching the strength of the US dollar and what that means for his marketing plans. Jay Reiners tells Brownfield he doesn’t expect commodity prices to push higher anytime soon. “Unless the government surprises us with something with a... Read More.
A dairy economist says domestic demand for butter remains strong as consumers are turning to less substitutes. Vice President of Global Operations and Insights Alyssa Badger with Highground Dairy tells Brownfield that has been a bright spot for dairy. “Butter inventories between May and June... Read More.
At the Chicago Mercantile Exchange, live and feeder cattle were higher ahead of the week’s direct cash business with some additional support in the strength in boxed beef prices. June live cattle closed $.62 higher at $165.20 and August lives closed $.45 higher... Read More.
By: Sterling College Athletics STERLING, Kan. (scwarriors.com) - Sterling College Athletics, and Vice President for Athletics, Scott Downing, announced today that Marty Barnett will be Sterling College's next Director of Strength and Conditioning.Barnett comes to Sterling after spending the last 14 years in high school... Read More.
The farmland market remains strong in parts of the Corn Belt. Compeer Financial certified real estate appraiser Rob Brines says premium ground in central Illinois was selling for $18,000 to $19,000 an acre during the spring and summer. “Then this fall, we got our first $20,000... Read More.
Soybeans were higher on commercial and technical buying. Beans followed meal which hit contract highs on aggressive spread unwinding with bean oil. With the recent meltdown in soybean oil, crush margins have narrowed, but remain in positive territory, for now. China bought 264,000... Read More.
An agronomist says farmers might need to scout fields again for standability issues if they’ve received recent rains. Bob Berkovich with Pioneer in Wisconsin says much of his state received between two and three inches of rain over the weekend, and that might... Read More.
Soybeans were sharply lower on fund and technical selling. There was another round of pressure from the broader market and concerns about inflation. The Dow Jones Industrial Average was down for much of the session but did close in positive territory. Unknown destinations... Read More.