Feed: Keywords:


Still In Misery (full story)

Soybeans were mixed, mostly lower, with commercials consolidating positions. Weekly export numbers were neutral, with China the second biggest weekly buyer, but with a slow week for shipments, with about five months left in the current marketing... (full story)

Photo courtesy CattleFax More than 145 members of Congress are urging USDA to provide “swift assistance” to cattle producers who have been adversely impacted by the ongoing coronavirus pandemic. The lawmakers, in a letter to Ag Secretary Sonny... (full story)

The ES is settling between 2650 and 2425. (full story)

U.S. Ag Secretary Perdue continues to mull reopening enrollment in the Dairy Margin Coverage program. Minnesota Congressman Collin Peterson, chair of the House Ag Committee, tells Brownfield he tried to include a provision in the CARES Act to... (full story)

The Secretary Treasurer of the U.S. Grains Council wants the world to know the U.S. remains open for business during the COVID-19 pandemic. Chad Willis, who farms near Willmar in west-central Minnesota, says it’s pretty much business as usual at... (full story)

A Minnesota farmer spent part of this week harvesting corn.  Bryan Klabunde of Waubun in the northwest part of the state says it was so wet last fall he had to let about 400 acres sit through the winter. “Our biggest problem was the frost... (full story)

May corn closed at $3.33 and 1/2, down 1 and 1/4 cents May soybeans closed at $8.58 and 3/4, down 4 cents May soybean meal closed at $309.10, down $5.80 May soybean oil closed at 26.24, up 19 points May wheat closed at $5.41 and 3/4, down 8 and 1/2... (full story)

Online grocery sales have increased along with frozen food sales in the U.S. as the coronavirus outbreak continues. Earlier this week, the web-based grocery industry publication, Grocery Dive , reported more than 30 percent of U.S. households... (full story)

A southeast Minnesota farmer sees the COVID-19 outbreak as a wake-up call for people who don’t appreciate the U.S. food supply chain. Ryan Buck of Goodhue says having agriculture designated as essential during the pandemic speaks volumes. ... (full story)

South American port disruptions have foreign buyers turning to the U.S. Jamey Kohake with Paragon Investments tells Brownfield COVID-19 has workers in Brazil and Argentina concerned. “Unions are wanting to send their employees back home... (full story)

The USDA says cheese production during February was up 3.7% on the year at 1.028 billion pounds. American type production was 6.1% higher at 415.025 million pounds, while Italian type cheese was up 1.8% at 449.242 million and Hispanic type cheese... (full story)

For a change of pace, corn futures were actually the leader in early trade today. Corn took its support from solid weekly export sales and a rebound in the energy complex. Rumors circulated today that Russia and Saudi Arabia may scale back crude prod... (full story)

Total cheese output (excluding cottage cheese) was 1.03 billion pounds, 3.7 percent above February 2019 but 7.4 percent below January 2020.... (full story)

Ag suppliers say the fertilizer, pesticides, and seeds are ready for farmers when it’s time for the planters to roll. Tom Bressner with the Wisconsin Agribusiness Association says input inventories look good. “Every year I think has a few... (full story)

Trump tweet leads to +35% spike in oil futures, USDCAD back down through pivotal 1.4170-90 region. Saudi Arabia now wants cooperation from other oil producers, including the US, Canada and Mexico. Risk-on flows now trying to reverse strong risk-off move from dismal US Jobless Claims... (full story)

A new study says an African swine fever (ASF) outbreak in the U.S. could cost $50 billion. Keeping this deadly disease of pigs out of the country is critical, the costs associated with an ASF outbreak in the U.S. would be significant. The study ,... (full story)

Packer inquiry remains very limited at midday, following yesterday’s very light trade.  It appears the tone has been set, and it’s much lower than last week.  There were sharp losses on Wednesday as live deals fell to $112, about $7 lower than the... (full story)

Pork exports during the week ending March 26th were way above average. The USDA says pork sales of 38,200 tons were down 1% on the week, but up 88% from the four-week average, with China buying about half of the weekly total. China bought a routine... (full story)

(full story)

Cotton futures are bouncing by 171 to 138 points at midday, May is the highest so far and lightly traded Oct futures are UNCH. The weekly update to Export Sales showed 147,535 RBs of cotton sold on the week ending March 26. That was down 47% wk/wk an... (full story)

Cattle futures are trading $2.77 to $3.72 lower at midday, April cattle options expire tomorrow and delivery against April futures in theory begins Monday. There won’t be any at this basis. Feeder futures are down by as much as $6.42 so far. The Ma... (full story)

Bean futures are fractionally higher to 1 3/4 cents higher so far. Soymeal futures are $3.70/ton weaker, with nearby soy oil bouncing 13 points. USDA Export Sales showed soybean bookings of 957,417 MT for the week ending March 26. That was just above... (full story)

The wheat market is lower on weak export data. KC wheat is down the most at midday with May showing a 6 1/2 cent drop. May Chicago wheat is 5 1/2 cents lower. MPLS May futures are 4 1/2 cents lower. Wheat export bookings from the week ending March 26... (full story)

Corn futures are 2 3/4 to 3 3/4 cents per bushel higher so far on Thursday. USDA’s weekly Export Sales report revealed 1.075 MMT of corn bookings from the week ending March 26. There were also 20,321 MTs of new crop corn sales. The net sales were d... (full story)

The front month lean hog futures are down by expanded limits, with the April futures trading at a $3.55 loss. The March 31 CME Lean Hog Index was $64.46, down 69 cents. The 04/02 National Average Morning Base Hog price was a nickel higher to $48.42. ... (full story)

Corn futures are 2 3/4 to 3 3/4 cents per bushel higher so far on Thursday. USDA’s weekly Export Sales report revealed 1.075 MMT of corn bookings from the week ending March 26. There were also 20,321 MTs of new crop corn sales. The net sales were d... (full story)

CORN Corn markets found a mid-morning bounce and are currently trading with 0.055 gains. May is trading at 3.4025, Jul at 3.4425 and Dec at 3.5275. President Trump tweeted this morning that he spoke with the Crown Prince of Saudi Arabia regarding oi... (full story)

(full story)

As we have all witnessed, when a plant has been suffering through a prolonged dry spell, even a few refreshing drops of water can bring about an amazing recovery.  That would seem to describe the action we have witnessed in crude oil over the past... (full story)

DJ U.S. Export Sales: Weekly Sales Totals-Apr 2 For the week ended Mar 26, in thousand metric tons, except cotton in thousand running [...] (full story)

We started the day with Challenger Job cuts coming in at 222.288K versus the previous 56.66K, at 7:30 A.M. we have Export Sales, Jobless Claims [...] (full story)

(full story)

The Small Business Administration has released terms and conditions for a $349 billion Paycheck Protection Program that will provide relief for small businesses, including some farms.   SBA and the Treasury Department have initiated a mobilization... (full story)

In many parts of the country, students are finishing up their school year at home. And in the midst of all the changes, Tracy Willits with Pivot Bio says the company wanted to recognize FFA students and the work they’re doing to continue their... (full story)

A southeastern Illinois farmer says while COVID-19 has had little impact on his farming routine, profitability this year is a big concern. Kenny Clodfelter tells Brownfield MFP payments helped maintain profitability during the trade war, but... (full story)

Amvac Chemical Corporation has moved into variable-rate technology by making a minority equity investment in Clean Seed. The agreement also includes a royalty-bearing worldwide license for Clean Seed’s variable-rate technology […] (full story)

Click to view report AMS_2098.pdf in PDF format (full story)

(full story)

U.S. stock index futures jumped in the overnight trade after a surge in the price of oil. (full story)

Click to view report AMS_1948.pdf in PDF format (full story)

School time now comes with some shop time for Bremen, Indiana farmer Charlie Houin and his sons. “Our whole dynamic right now is rather interesting,” Houin says. While great-grandma, grandma and grandpa help homeschool due to the coronavirus... (full story)

Determining how many replacement heifers you need is not easily answered. The best answer, and not a very definitive one is: “It depends,” says Mike Overton, a dairy analytics advisor with Elanco Animal Health. He spoke recently at the... (full story)

USDA released a slew of reports this week over potential acreage production and grain stocks. In its Prospective Plantings report, USDA said Corn planted area for all purposes in 2020 is estimated at 97.0 million acres, up 8 percent... (full story)

Bears in solid technical control amid steep price downtrend in place. No early clues of market bottom close at hand. (full story)

DJ U.S. February Coffee, Cocoa Imports-Apr 2 In kilograms from the U.S. Commerce Department, converted to pounds by Dow Jones. —-Feb 2020—- [...] (full story)

EIA Released the Largest Ethanol Stocks on Record    Ethanol stocks in the week March 27 were 1.080 billion gallons vs 1.014 billion last week. These are the largest ethanol stocks on record and the largest weekly increase since the inception of... (full story)

(full story)

Click to view report AMS_2022.pdf in PDF format (full story)

Click to view report AMS_1891.pdf in PDF format (full story)

Older Stories