Brownfield Commodity Market Reporter John Perkins has your look at the strength in soybeans, cattle, and hogs, the losses in wheat, and the mostly higher finish for corn.Closing numbers:» July corn $4.48 down $.01 and 3/4» July soybeans $10.71 and ¼ up $19 and 1/2» July soybean meal $298.10 up $4.00» July soybean oil 49.92 up 135 points» July Chicago wheat $5.15 and ¼ down $.06 and 1/2» June live cattle $216.82 up $2.15» June lean hogs $98.30 up $.72Connect with Brownfield Ag News:» Get the latest ag news: https://www.brownfieldagnews.com/» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews» Follow Brownfield on X (Twitter): https://x.com/brownfield» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNewsAbout Brownfield Ag News:Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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SOYLEIC Soybeans Benefits Expand to Growers and Dairy Farmers
Evidence shows that SOYLEIC non-GMO soybeans create excellent dairy cow rations, which bodes well for both SOYLEIC soybean growers and dairy producers. The high oleic SOYLEIC soybeans were developed with the support of Soybean Checkoff by Missouri Soybeans. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Going with Enlist
With more than 65% of U.S. soybean acres planted to Enlist E3 soybeans, farmers across the country have found great success with the Enlist weed control system from Corteva Agriscience. Nebraska farmer Grady Johnson, owner at 37-Ag, tells Brownfield he’s switched to Enlist E3® soybeans and is excited about his weed control program for the 2025 season.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Soybeans are up Monday morning | Opening Market Minute
Brownfield Commodity Market Reporter John Perkins has your look at the higher opens for soybeans, corn, cattle, and hogs, and the mixed start for wheat.What to watch:» Soybeans are encouraged by tariff talks with China.» Corn and wheat are waiting for USDA numbers.» Cattle are supported by tighter supply expectations.» Hogs are up with Friday's close in pork.Connect with Brownfield Ag News:» Get the latest ag news: https://www.brownfieldagnews.com/» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews» Follow Brownfield on X (Twitter): https://x.com/brownfield» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNewsAbout Brownfield Ag News:Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Cattle futures gain more than $3 this week | Weekly Livestock Market Update
In this week's video, Brownfield's Meghan Grebner and University of Kentucky's Kenny Burdine talk trade and risk protection.Market highlights:» The 5-market average fed steer price was up sharply again this week at $226.56 per cwt.» June live cattle futures gained $3.55 from last week, settling Friday at $214.65.» Choice boxed beef price was up $1.49 compared to last week, coming in today at $345.97.» May feeder cattle futures were up $3.20 on the week, closing today at $298.15.» The national base hog carcass price was up slightly to $88.73 per cwt.» Pork cutout values were up less than $1 at $97.94 per cwt.» May lean hog futures were actually off by $2.60 this week, closing at $90.35 today.Weekly Slaughter:» Cattle slaughter was unchanged week-over-week at 559,000 head, but running a little over 6% lower than last year, year-to-date.» Hog slaughter was up 2% from last week at 2.49 million head and that’s down a little over 2% year-to-date. Monthly trade data:» Beef exports were essentially unchanged from March of 2024 and down 2.7% for the quarter.» Beef and veal imports were up 47% from year-ago levels and 24% quarter-over-quarter.» Exports to China were down 2% for the month, but up 2% for the quarter.» Pork exports were up 3% in March, but down about 1% in the first quarter of this year.» Pork imports were down 8% for the month and 5.9% for the quarter. A few changes to LRP for the 2026 reinsurance year:» Potential to cover forward priced cattle prior to having possession.» Unborn beef and beef-dairy-cross calves (to be sold very young) and cull dairy cows can be covered.» Drought hardship exemption allows covered feeder cattle to be sold more than 60 days prior to end date under certain conditions.» Prohibition of subsidy capture.Next week's reports:» Supply and DemandConnect with Brownfield Ag News:» Get the latest ag news: https://www.brownfieldagnews.com/» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews» Follow Brownfield on X (Twitter): https://x.com/brownfield» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNewsAbout Brownfield Ag News:Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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