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Are cultivated morel mushrooms possible?
Brownfield Ag News1 minute ago
Researchers at Michigan State University are exploring the possibility of cultivating morel mushrooms in the U.S. Ag economics professor Steve Swinton tells Brownfield, “Even though it’s difficult to cultivate them outdoors and we’re still learning how to do this in the United States, the prices are high enough that there’s...
Hog futures supported by higher pork values during the session
Brownfield Ag News17 minutes ago
At the Chicago Mercantile Exchange, live cattle were mostly higher, and feeders were lower watching Friday’s direct business develop and waiting for the On Feed numbers. June lives were $.30 higher at $175.67 and August lives closed $.02 higher at $173.55. May feeders closed $.55 lower at $242 and August...
Closing Grain and Livestock Futures: April 19, 2024
Brownfield Ag News17 minutes ago
May corn closed at $4.33 and 1/2, up 6 and 3/4 centsMay soybeans closed at $11.50 and 1/2, up 16 and 1/4 centsMay soybean meal closed at $343.70, up $5.70May soybean oil closed at 44.38, up 26 pointsMay wheat closed at $5.50 and 1/4, up 13 and 1/2 centsJun. live...
Bull or Bear? Where Corn, Wheat, and Soybean Price are Headed
Barchart18 minutes ago
Darin Newsom joins Bryce Doeschot on Market Journal to discuss the corn, wheat, soybean, and cattle markets.
Broader Market Retreats on Middle East Strife and Tech Stock Weakness
Barchart19 minutes ago
The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.05%. US stock indexes settled mixed on Friday, with the S&P 500 falling to a...
High input prices concerning with low commodity prices, farmer says
Brownfield Ag News33 minutes ago
Southwest Iowa farmer Jeff Jorgenson says the supply of inputs has improved over the last year, but some prices remain elevated. “I think there’s been some things that have happened in the past couple of years with tariffs and other issues around the globe that have caused us to sit...
Soybeans, corn, wheat bounce higher Friday
Brownfield Ag News33 minutes ago
Soybeans were higher on fund and technical buying, but still finishing the week with losses. Contracts were a little oversold and unknown destinations bought 121,500 tons of mostly new crop U.S. beans ahead of the open. 13,500 tons are for 2023/24 and 108,000 tons are for 2024/25. The new marketing...
Central IL farmer picking up after Thursday tornado
Brownfield Ag News49 minutes ago
Severe storms moved across the Midwest Thursday, and central Illinois farmer David Brown is thankful his planter wasn’t in the shed. The Macon County farmer tells Brownfield… “We had a tornado come through and we were very fortunate that nobody got hurt.” He says, “Our planter had been pulled out...
Chilly weather to cover the Corn Belt this weekend, more rain for the southern states
Brownfield Ag News1 hour ago
A cold front traversing the eastern U.S. will clear the Atlantic Seaboard by Saturday. However, atmospheric moisture pooled across the Deep South will result in precipitation lingering through the weekend, with additional rainfall expected to total 1 to 2 inches or more from parts of Texas and southern Oklahoma to...
March cattle placements fall sharply
Brownfield Ag News1 hour ago
Placements of cattle into U.S. feedlots dropped in March. The USDA says the 1.746 million head placed in March fell 12% on the year, a bigger than expected decline because of aggressive movement in February following the weather-related slowdown in January, along with generally tighter supplies in many of the...
Real estate expert says several factors impact farmland prices
Brownfield Ag News1 hour ago
An agricultural land marketer says farmland values have remained strong across much of America. R.D. Schrader with Schrader Real Estate and Auction Company specializes in ag land sales in 40 states. He tells Brownfield land values leveled off last summer but have gone up as many farmers entered the buyers...
Prop 12 needs to be blocked, Rep. Nunn says
Brownfield Ag News1 hour ago
U.S. Congressman Zach Nunn says lawmakers need to act quickly on legislation that would block California’s Proposition 12 law. “The issue at hand here is quite clear,” he said. “One state, in this case California initially, and then other states followed to say that places like Iowa couldn’t grow or...