Soybeans posted Friday losses of 6 to 9 cents on the session, with futures failing to see bulls show up after USDA data was released. August soybeans dropped 51 1/4 cents this week, as November fell 42 cents from last Thursday’s close. The cmdtyView national average Cash Bean price was...
The wheat complex posted losses across the three markets on Friday, following a larger than expected production total. Chicago SRW wheat was down 9 to 10 cents, with September down 11 ¾ cents this week. KC HRW contracts were down 10 to 11 cents on the day, taking the week...
Live cattle futures found some strength on Friday with higher cash movement, as contracts were up $2.30 to $3. August was up $8.15 this week. Cash trade picked up to $228-$230 on Friday, in the South, up $4-5. Northern Action was $240, $8-10 higher wk/wk. Feeder cattle posted Friday gains...
Cotton futures ended the Friday session with losses of 5 to 30 points, as December was down 104 on the week. Crude oil is up $2.10 /barrel at $68.67, with the US dollar index $0.233 higher to $97.555. The monthly update to the USDA balance sheets showed a 300,000 bale...
Corn futures failed to see much buying post-USDA data release on Friday, as futures slipped into the close with losses of 3 to 5 cents. September closed out the week with a loss of 24 ¼ cents, as December was down 24 ¾. The front month CmdtyView national average Cash...
Lean hog futures closed out Friday with losses of 50 cents to $1.65, as August was down $1.42 this week. USDA’s national base hog price was reported at $106.59 on Friday afternoon, dropping $5.74 from the day prior. The CME Lean Hog Index was up a dime at $107.14 on...
University of Wisconsin research is seeking fungicide use alternatives for potato growers after a popular product became more restricted. Plant disease expert Amanda Gevens says ongoing research is looking at fungicide application on potatoes at various times, rates, and sequences to keep disease inoculum, low during the growing season, including...
Bob Huffman will lead MFA Incorporated starting September 1, succeeding Ernie Verslues, who is retiring after almost 40 years with MFA Incorporated. Huffman is currently the president and CEO of a First District Association, a Minnesota dairy cooperative. He also worked as the vice president of manufacturing operations for Dairy...
The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.17%. September E-mini S&P futures (ESU25 ) fell -0.33%, and September E-mini Nasdaq futures...
Sep. corn closed at $3.96, down 3 and 1/4Aug. soybeans closed at $10.04 and 1/4, down 8 and 1/4 centsAug. soybean meal closed at $270.30, down $1.10Aug. soybean oil closed at 53.75, up 26 pointsSep. wheat closed at $5.45, down 9 and 1/2 centsAug. live cattle closed at $222.20, up...
The Michigan Cattlemen’s Association is taking a larger role in the show ring with its new Showcase Series initiative to more actively engage with youth. Past president Earl Souva tells Brownfield, “We just want to use the show ring as a tool to develop leadership, to help foster that interest...
Soybeans were lower on fund and technical selling, adding to what would have already been a down week. The USDA lowered its production guess slightly to 4.335 billion bushels due to acreage changes, while raising new crop U.S. ending stocks to 310 million bushels on a reduced export estimate, now...