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Headlines
There wasn’t a dry eye in the barn when Samantha Nicole Iselt of Lexington, Texas, was named the exhibitor of the Grand Champion Market Barrow at the San Antonio Stock Show and Rodeo. On Friday, she won over hearts again when she walked her barrow... (full story) |
 USDA reports this week set new direction for grain, oilseed and cattle prices as the Ag Outlook Forum concludes and monthly on-feed numbers are out. The coronavirus continues to impact global growth prospects and larger US corn acres for the coming year increase already ample supplies while... (full story) |
In this week’s AgFax Weekend – Tax Audit Red Flags | Lorsban Fading Away | and more. (full story) |
The Illinois Performance Tested Bull Sale kicked off the Illinois Beef Expo Thursday with a sale average of just over $4,200 on 37 lots, the second highest average in history. The sale total reached $155,650, down by nearly $25,000 from last... (full story) |
A short period of tranquil weather will end during the weekend, starting in southern California and the Four Corners States. The Pacific storm system responsible for the upcoming showery in the Southwest will cross the middle Mississippi Valley on... (full story) |
Across the Corn Belt, temperatures have begun to moderate but remain mostly at near- or below-normal levels. Dry weather prevails throughout the Midwest, but a substantial snow cover is in place from the eastern Dakotas to Michigan. On the Plains,... (full story) |
The 2019 growing season was an incredibly challenging year for many soybean producers and one that many would like to forget. Because we can’t say for certain that the continuously […] (full story) |
One again, positive-sounding news, didn’t boost the grain markets. March corn was down around 1¢ and March soybeans were down 4.5¢ for the week ending Feb. 21. March wheat was up 9.5¢. The big news this week came from USDA and their first take on... (full story) |
Some soybean producers in Michigan are experimenting with ultra-early planting dates (late March to mid-April) with positive results. To date, research trials have not shown a consistent yield benefit to […] (full story) |
The Handy Bt Trait Table for U.S. Corn Production has been updated as of February 2020. Bookmark the Handy Bt Trait Table website and you will always reach the latest version of the table. […] (full story) |
Missouri’s agriculture director says the Governor’s Flood Advisory Task Force got a glimmer of good news from the Army Corps of Engineers recently about the potential for spring flooding. Director Chris Chinn tells Brownfield Ag News, “The... (full story) |
If you’ve ever wanted to fly, here’s an opportunity to start getting your wings. The fourth annual Arkansas Drone/Unmanned Aircraft Systems Summit will take place March 12-13, with simultaneous events […] (full story) |
Market Watch with Austin Schroeder & Alan Brugler February 21, 2020 Splash of Cold Water This week started off full of hope for the ag commodities, with traders coming back from the President’s Day weekend with money to put in on the buy side. ... (full story) |
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The head of the Renewable Fuels Association is encouraged that ethanol is on China’s list for reduced import tariffs. Geoff Cooper tells Brownfield Ag News, “We’re told that ethanol is on that list of products that would be exempt from the existing... (full story) |
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March wheat options expired on Friday. Chicago SRW futures closed 9 cents lower on Friday, but that didn’t erase the week’s gains as CBT wheat finished 8 1/4 cents higher wk/wk. Kansas City wheat was 5 1/4 cents lower at but gained 2 3/4 cents wk... (full story) |
Cotton futures moved 37 to 40 points lower in the deferred contracts, while March cotton closed Friday’s session with an 18 point gain. March futures were up 146 points wk/wk. CFTC data from 02/18 showed that managed money was 31,429 contracts net ... (full story) |
Live cattle futures ended the Friday session with $0.37 to $0.90 losses in the front months. April cattle were $1.10 lower wk/wk. Front month feeder cattle futures ended 42 to 72 cents lower. Friday’s action dipped into but did not erase the $1.67 ... (full story) |
Lean hog futures rallied back from midday lows and finished mixed. The April futures were 15 cents higher at the closing bell, with a weekly move of $2.72 higher, while the deferred contracts closed with losses on Friday. The CME Lean Hog Index was $... (full story) |
Soybean options expired, with futures having posted 3/4 to 2 1/4 cent losses in the front months. March beans were the weakest on Friday and ended the week 3 1/4 cents lower than last Friday’s close. March meal futures were $3.70/ton lower on Frida... (full story) |
March corn options expired today, with corn futures 1 1/2 to 2 cents lower at the closing bell. In the CoT report, managed money was 14.74% less net short wk/wk to 61,461 contracts. Managed money OI was 33,207 contracts higher to 441,903. The Export ... (full story) |
March corn options expired today, with corn futures 1 1/2 to 2 cents lower at the closing bell. In the CoT report, managed money was 14.74% less net short wk/wk to 61,461 contracts. Managed money OI was 33,207 contracts higher to 441,903. The Export ... (full story) |
The EPA reportedly will keep the insecticide chlorpyrifos legal. Earlier this month Corteva said it would no longer make the insecticide which goes mostly by the name of Lorsban. EPA tells DTN that it will continue with the re-registration of the... (full story) |
A new study on trusted brands highlights the importance of sustainability if companies want to earn the trust of consumers, according to the Center for Food Integrity. The inaugural Most Trusted Brands report from Morning Consult featured nearly... (full story) |
Following the wet and late harvest of 2019, several Midwest states are on the edge of a dangerous cliff when it comes to emptying their grain bins. Conditions are aligning […] (full story) |
The CEO of the Minnesota Soybean Research and Promotion Council says the phase one deal essentially resets trade with China. Tom Slunecka tells Brownfield the Chinese have stipulated under the agreement they will buy whenever market conditions are... (full story) |
CORN HIGHLIGHTS: Corn futures finished with losses of 1-1/2 in Mar at 3.77 to 2-1/2 in Dec at 3.86. Today was a new contract low close for Dec corn. A push through support today resumes the downtrend that has been in place since July, when prices pea... (full story) |
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Brownfield Anchor/Reporter Amie Simpson will be on the ground in Noblesville, IN on February 25 for the Spring Ag Expo. Continue reading Spring Ag Expo at Brownfield Ag News. (full story) |
Chicago Mercantile Exchange live cattle futures were lower on follow through selling, getting ready for the USDA’s Cattle on Feed report. February was down $.37 at $119.72 and April was $.90 lower at $118.25. Feeder cattle were down on the... (full story) |
This market update is a PorkBusiness.com weekly column reporting trends in weaner pig. All information contained in this update is for the week ended Feb. 21, 2020. Looking at hog sales in August 2020 using October 2020 futures, the weaner... (full story) |
Peanut prices received by farmers for all farmer stock peanuts averaged 21.6 cents per pound for the week ending February 15, up 1.7 cents from the previous week. Marketings of […] (full story) |
 We believe this fear will push precious metals continually higher over the next 24+ months with a real upside target above $2100 eventually. (full story) |
 Based on 4 algo trading strategies developed with the Strategy Factory approach and 3 indicator based algo strategies, the current position bias for Euro Currency is BEARISH. (full story) |
 Based on 8 algo trading strategies and 4 indicator based algo strategies, the current position bias for S&P500 is BEARISH. (full story) |
National FFA Week kicks off tomorrow. Indiana State Department of Agriculture Director Bruce Kettler says it’s a great time to share the impact of FFA and agriculutral education. “FFA chapters might do a community service project for FFA week or... (full story) |
Milk futures on the Chicago Mercantile closed mostly lower for the week while cash trade was mixed. February Class III milk up six cents at $17.01. March down two cents at $16.64. April 16 cents lower at $16.56. May down 17... (full story) |
Sometimes, unexpected discoveries in the course of scientific investigation open new avenues of research. Virologist Ioannis Tzanetakis and Ph.D. student Jing Zhou employed advanced genetic tools to identify and better understand […] (full story) |
A spokesman for the National Pork Producers Council says a one-billion-dollar plant-based industry should not be ignored. Dan Kovich with the National Pork Producers Council tells Brownfield plant-based proteins started with alternatives for... (full story) |
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 Locusts, drought, and disease are driving markets higher in a week of biblical proportions. (full story) |
Mar. corn closed at $3.77, down 1 and 1/2 cents Mar. soybeans closed at $8.90 and 1/4, down 2 and 1/4 cents Mar. soybean meal closed at $289.20, down $3.70 Mar. soybean oil closed at 30.64, up 52 points Mar. wheat closed at $5.51, down 9 cents Feb.... (full story) |
Cotton Leaf Roll Dwarf Virus (CLRDV-AL), which causes cotton blue disease, is now considered part of the environment, according to Alabama Extension specialists and Auburn University researchers. The same disease […] (full story) |
An agronomist from Beck’s says right now is the time for farmers to review and make any last minute adjustments to their spring plans. But, Austin Scott, who is based in Tennessee, says it’s not just what they’re planting. Farmers need to... (full story) |
 Based on 8 algo trading strategies developed with the Strategy Factory approach and 4 indicator based algo strategies, the current position bias for Gold is BULLISH. (full story) |
 Based on 9 algo trading strategies developed with the Strategy Factory approach and 4 indicator based algo strategies, the current position bias for Crude Oil is NEUTRAL. (full story) |
Kent Fountain, a Surrency, Ga., ginner, was elected National Cotton Council chairman for 2020. Named during the NCC’s 2020 annual meeting, held in New Orleans, La., on February 14-160, Fountain […] (full story) |
Soybeans were modestly lower on fund and technical selling, confirming a modestly lower weekly finish. The USDA is projecting a bigger crop this year, but tighter ending stocks on a jump in export and crush demand. China didn’t purchase any U.S.... (full story) |
New Holland is celebrating 125 years. It’s also celebrating the 45th anniversary of the twin-rotor combine technology. Dan Valen with New Holland talks about how New Holland has grown, developed, and where it is headed into the future. ... (full story) |
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