Market News
Rice seed shortage could cause more soybean acres in MO Bootheel
Brownfield Ag News5 minutes ago
A rice specialist in the Missouri Bootheel says there’s a shortage of rice seed as spring planting begins. “We’re predicted to have an increase in rice acres and that will happen, but it probably could be a little more if we had more rice seed availability.” Justin Chlapecka with the...
Ford Motor vs. Toyota: Which Hybrid EV Stock Is a Better Buy?
Barchart14 minutes ago
With hybrid EVs gaining popularity, let’s find out whether shares of Ford or Toyota are a better buy.
Machinery? Some are looking and others are buying
Brownfield Ag News21 minutes ago
An agricultural equipment dealer says when it comes to new and used farm equipment, some farmers are looking and others are buying this spring. Joe Newman is with Wisconsin-based Ziegler Equipment. He says, “They’re looking for deals and right now, there’s some deals to be had. Manufacturers have, from what...
Graves optimistic the House can pass a farm bill
Brownfield Ag News21 minutes ago
A U.S. Congressman from Missouri says it’s realistic to advance the new farm bill through the House this year. Sam Graves tells Brownfield “I know Chairman Thompson is working very hard to make sure it happens. I think we’ll see a short-term extension through December, but he’s optimistic we’ll see...
MO Farm Bureau health plan bill passes House
Brownfield Ag News21 minutes ago
Missouri Farm Bureau is getting closer to offering a health plan option to its members. President Garrett Hawkins says the Missouri House approved a bill, sponsored by Representative Kurtis Gregory, to make that happen and a similar bill will be considered in the Senate. “We’ll be asking the leader of...
Fewer corn acres can help with some profitability
Brownfield Ag News21 minutes ago
The USDA is expecting fewer corn acres to be planted in the United States this year and an ag economist says if realized, that could help with profitability. “Albeit small profitability, but we might see some profitability in the corn market in 2024.” Ben Brown with the University of Missouri...
Corn higher, boosted by USDA numbers
Brownfield Ag News37 minutes ago
Soybeans were mixed, with nearby contracts weak and deferred months firm, still ending the week modestly lower. The USDA sees 2024 U.S. soybean planted area at 86.5 million acres, close to expectations and 3% higher than 2023, with quarterly stocks also up on the year. That larger stocks figure was...
NEXTILE challenges students to create soy textiles
Brownfield Ag News37 minutes ago
U.S. Soy’s new textile design challenge is awarding college students for creating innovative multifunctional fabric using soy-based products. United Soybean Board director and Michigan soybean farmer Carla Schultz served as a judge this year. “It’s been incredible to see how those soybeans come to life in the creative hands of...
S&P 500 Posts a Record High on Optimism the Fed Can Achieve a Soft Landing
Barchart49 minutes ago
The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.14%. Stock indexes on Thursday settled mixed, with the S&P 500 posting a new all-time...
USDA continues evaluating milk marketing orders
Brownfield Ag News53 minutes ago
(Photo: Economist Roger Cryan questions Kevin Krentz during the recent USDA Federal Milk Marketing Order hearing) A producer who served on the American Farm Bureau’s national dairy committee says it will still be a while before USDA releases federal milk marketing order proposals. Kevin Krentz from Wisconsin tells Brownfield the...
Closing Grain and Livestock Futures: March 28, 2024
Brownfield Ag News1 hour ago
May corn closed at $4.42, up 15 and 1/4 centsMay soybeans closed at $11.91 and 1/2, down 1 centMay soybean meal closed at $337.70, down $1.30May soybean oil closed at 47.95, up 28 pointsMay wheat closed at $5.60 and 1/4, up 12 and 3/4 centsApr. live cattle closed at $185.00,...
Plant Based Products Council 2024 Annual Conference
Brownfield Ag News1 hour ago
Brent Barnett will be on the ground in Omaha, Nebraska April 9, 2024 for the Plant Based Products Council 2024 Annual Conference. ...
Hog futures were mostly higher ahead of Thursday’s report
Brownfield Ag News1 hour ago
At the Chicago Mercantile Exchange, live cattle were up, and feeders were mostly higher watching direct business unfold. April live cattle closed $1.40 higher at $185 and June lives closed $1.57 higher at $180.25. April feeder cattle closed $.25 higher at $247.12 and May feeders closed $.42 higher at $248.70. ...
USDA February ag prices indices up from January
Brownfield Ag News1 hour ago
The USDA’s February ag price indices were up from January. The index of prices received by farmers was up 7.1% on the month due to gains in cattle, hogs, market eggs, and lettuce, which canceled out losses in corn, soybeans, wheat, and broilers. The dairy index was up 2.5% from...