Illinois Soybean Association focused on profitability and production

The chairman of the Illinois Soybean Association (ISA) says the organization is focused on farmer profitability as it recognizes its 60th year. Ron Kindred, who farms in Logan County, says soybean growers are facing many challenges on top of declining commodity prices. “The dicamba issue is another one that’s at the front of our concern…Continue Reading

Temps to vary across the Heartland next week; welcome moisture ahead for the Great Plains

Looking ahead, the 6- to 10-day outlook calls for the likelihood of near- or above-normal temperatures nationwide, except for cooler-than-normal conditions across northern sections of the Rockies and High Plains.  Meanwhile, near- or above-normal rainfall across much of the country should contrast with drier-than-normal conditions from the Pacific Northwest to Montana and in the Mississippi…Continue Reading

Soybeans up on soybean oil, weather questions

Soybeans were higher on short covering and technical buying, with the most active months up on the week. Beans were oversold and saw bounce with help from soybean and crude oils. There’s also the chance of crop stress in some areas with a warmer, drier pattern expected in parts of the region in the coming…Continue Reading

Ag sector looks to address Minnesota’s deer problem

Minnesota livestock groups are working with the DNR to address deer depredation. State Cattlemen’s Association president Jake Thompson says deer are eating crops. “To the point where you have areas, fields that are, APH’s (average production history) are starting to drop just because they haven’t been able to get a yield because of (the deer).…Continue Reading

Cattle futures mixed to end the week

Cattle futures mixed to end the week

At the Chicago Mercantile Exchange, live and feeder cattle were mixed head of Friday’s On Feed report, which showed higher placements and an increase in Cattle on Feed.  October live cattle closed $.20 lower at $175.70 and December live cattle closed $.32 lower at $175.20.  September feeder cattle closed $.37 higher at $238.57 and October…Continue Reading

Closing Grain and Livestock Futures: August 23, 2024

Sep. corn closed at $3.67 and 3/4, down 3 and 3/4 centsSep. soybeans closed at $9.52, up 10 and 3/4 centsSep. soybean meal closed at $306.30, down 10 centsSep. soybean oil closed at 41.47, up 103 pointsSep. wheat closed at $5.02 and 1/4, down 8 and 3/4 centsOct. live cattle closed at $175.70, down 20…Continue Reading

USDA confident in challenge to Mexico’s GM corn ban

USDA is keeping a close eye on Mexico’s ban on genetically modified corn imports. Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor says she expects a panel decision in favor of U.S. corn producers later this year. “We’re confident in the arguments we’re making about sound science, about how the agreement is structured,…Continue Reading

Playlist