An Easter holiday storm system that will impact California and the West with rain and mountain snow has its eyes set on the heartland to begin the first week of April.According to the FOX Forecast Center, the presence of moisture and instability will allow thunderstorms to erupt. A few could...
May cotton futures kept to a mostly tight range from -26 to +120 points, and finished the day with a 61 point gain. The lead month finished the week with a net 15 point loss, and closed the month of March a net 8.2 cents/lb in the red after setting...
Thursday’s trading session left the corn market ~6c off the day’s highs, but still 13 to 16 cents in the black. Old crop May ended the week with a 2 ¾ cent gain and finished the last trade day of March with a 12c gain for the monthly. The new...
Thursday’s cattle trade pushed futures back up by $1.40 to $1.57. For the June contract that ended the week a net $2.65 lower after bouncing off the Bollinger midline. June fats were a net 97c weaker through the month of March, after a wide monthly range from -$4.80 to +$5.40....
Old crop beans ended the day with 1 to 1 ¼ cent losses, while the new crop contracts finished as much as 8 ¼ cents in the black. The May soybean contract finished the week with the same 1c loss, but was still up 50 cents through the month of...
Despite neutral to bear-friendly NASS data, wheat futures rallied into the 3-day Holiday weekend. The spring wheat futures faded on the higher acreage to close 3 ½ to 6 cents in the red. Chicago prices were 8 cents off their highs for the close, but still 8 ¾ to 12...
Nearby lean hog futures were up by as much as $1.25 for the day’s high, but prices ended the day mixed / mostly higher. June was down by 15c for Thursday which finished the week’s move on a net $1.75 gain and put the monthly gain at $1.25. June traded...
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...
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...
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...
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...
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...
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...