Market News

Soybeans Face Double Digit Losses on Wednesday Selling
Barchart45 minutes ago
Soybeans closed out the Wednesday session, with contracts 11 to 16 cents in the red across most months, led by the nearbys. New crop seems content with not buying soybean acres, as the current soy corn ratio is 2.20. The average close in February for November futures, used to determine...

Cattle Close Out Mixed on Wednesday
Barchart45 minutes ago
Live cattle trade on Wednesday showed early signs of strength, but faded into the close. Contracts settled with steady to 52 cent loses. There were no deliveries issued against February live cattle on Wednesday, with the oldest long from May 29. Initial cash action saw cattle exchange hands at $203...

Corn Bulls Post Gains on Wednesday
Barchart45 minutes ago
Corn futures shrugged off the losses in the bean and wheat markets, with contracts holding onto gains in at the close. They ended the midweek session with gains of 3 to 4 ¼ cents. The current new crop soy/corn ratio is 2.20, as the market continues to try and buy...

Hog Rally Pushes Through Wednesday
Barchart45 minutes ago
Lean hog futures gapped higher on Wednesday and managed to post 70 cent to $1.35 gains across most contracts at the close. The national average base hog negotiated price was reported at $89.25 this afternoon, up 70 cents from the previous day. The CME Lean Hog Index was reported at...

Wheat Weakens on Wednesday
Barchart45 minutes ago
Wheat futures held onto the weakness into the close on Wednesday, with losses in the three markets. Chicago SRW futures were down 2 to 3 cents across the nearbys on the day. KC HRW futures were faced with fractional to 2 cent losses at the close. MPLS spring wheat was...

Cotton Hangs onto Gains at Wednesday’s Close
Barchart45 minutes ago
Cotton price action at the midweek session held the gains on from throughout the session, as contracts closed with 2 to 12 point higher trade. The outside markets were pressure factors on the midweek session, as crude oil futures were down $2.10/barrel, with the US dollar index $0.057 higher on...
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Hog futures up on steady to higher cash
Brownfield Ag News1 hour ago
Chicago Mercantile Exchange live cattle were mixed and feeders were modestly higher, waiting for the rest of the week’s direct business. April live was down $.27 at $195.72 and June was unchanged at $191.37. March feeders were up $.20 at $264.97 and April was $.27 higher at $265.25. Direct cattle...
Farmer says worker program needs adjustments
Brownfield Ag News1 hour ago
A fruit and vegetable farmer from California says the H-2A guest worker program needs improvements. Ryan Talley says the Adverse Effect Wage Rate (AEWR), how minimum wages must be paid to farm workers in the program, isn’t economically viable. “We need to tap the brakes on AEWR,” he says. “Each...
Labor, animal disease, and domestic consumption among pork challenges
Brownfield Ag News1 hour ago
The senior vice president of producer and state engagement with the National Pork Board is hearing about common challenges throughout the swine industry. Brett Kaysen attended Minnesota Pork Congress this week and says as he’s traveled the country this winter, three general themes keep getting brought up. “Number one is...
Soybeans fall on crop weather, demand questions
Brownfield Ag News1 hour ago
Soybeans were lower on fund and technical selling. Near-term forecasts have more rain in parts of Argentina and better harvest weather in central Brazil. Some damage has likely been done in Argentina and while Brazil’s harvest is catching up to the average, it could push some second crop corn planting...
Compeer Groundbreakers program lends support to new and beginning farmers
Brownfield Ag News1 hour ago
A Midwest farm credit cooperative is supporting new and beginning farmers with financial and outreach services. CEO Jase Wagner says the Compeer Financial Groundbreakers program helps young producers face unique challenges. “Young, beginning, and small farmers in all sizes and shapes are part of our mission, and in order to...

Stocks Settle Mixed as Chip Stock Strength Lifts the Nasdaq
BarchartWed Feb 12, 3:35PM CST
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.50%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.12%. March E-mini S&P futures (ESH25 ) are down by -0.29%, and March E-mini Nasdaq...
Closing Grain and Livestock Futures: February 12, 2025
Brownfield Ag NewsWed Feb 12, 3:26PM CST
Mar. corn closed at $4.90 and 1/4, up 6 and 1/4 centsMar. soybeans closed at $10.27 and 3/4, down 15 and 3/4 centsMar. soybean meal closed at $294.10, down $2.50Mar. soybean oil closed at 45.66, down 47 pointsMar. wheat closed at $5.74 and 1/4, down 2 and 3/4 centsApr. live...
Missouri Soybean focused on farmer profitability
Brownfield Ag NewsWed Feb 12, 3:26PM CST
The new deputy executive director of the Missouri Soybean Association says the key to increasing farmer profitability is growing soybean demand. Casey Wasser says Missouri farmers are uniquely positioned to benefit from expanded use of biofuels. “If you look on a state level, Missouri soybean is very lucky to have...