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Brownfield Ag News

Soybeans up ahead of more talks with China

Soybeans were modestly higher on short covering and technical buying. At least some progress was made in this last round of talks with China and more negotiations are expected in the coming week. Crop weather in South America looks non-threatening to favorable, including rain in dry parts of Brazil. Harvest is ongoing in Brazil, so…read more »

Cattle futures mostly lower, still waiting for direct cash

Chicago Mercantile Exchange live cattle futures were mostly lower, closing before the start of the week’s widespread direct cash business. February was up $.50 at $126.62 and April was down $.20 at $127.17. Feeder cattle were lower ahead of widespread direct trade. March was $1.47 lower at $142.60 and April was down $1.27 at $145.22.…read more »

ASF education efforts continue

Swine veterinarians around the U.S. have been busy this winter educating pork producers about African Swine Fever (ASF). Iowa State University Swine Extension Veterinarian Dr. Chris Rademacher says one of challenges is that many of ASF’s symptoms resemble other familiar pig diseases. “Early on it’s going to look, unfortunately, like some of the other stuff…read more »

Closing Grain and Livestock Futures: February 15, 2019

Mar. corn closed at $3.74 and 3/4, unchangedMar. soybeans closed at $9.07 and 1/2, up 4 centsMar. soybean meal closed at $306.50, up $1.00Mar. soybean oil closed at 29.95, up 6 pointsMar. wheat closed at $5.04 and 1/4, down 2 and 3/4 centsFeb. live cattle closed at $126.62, up 50 centsApr. lean hogs closed at $59.52, up 82 centsMar. crude oil closed at $55.59,…read more »