A pair of Iowa farmers say the ongoing uncertainty surrounding the current trade landscape is impacting the long-term growth of the ag economy. Aaron Lehman, Iowa Farmers Union president, says the Trump administration’s recent decision to extend the retaliatory tariff deadline to August 1st continues to fuel economic uncertainty for...
Photo of Farmers Edge soil testing laboratory equipment taken by Brent Barnett/Brownfield An ag technology and soil science company is asking farmers to prioritize soil testing. Eileen Bernard, director of farm and retail growth for Farmers Edge, says soil tests can provide a detailed analysis of nutrient levels in crop...
Soybeans were lower on fund and technical selling. Development conditions generally look favorable, even if there are crop rating concerns in some states. Despite those concerns, a number of analysts seem to be set on maintaining large if not record yield projections, at least for now. Domestic crush demand is...
Sep. corn closed at $3.99 and 1/4, up 1 and 1/4 centsAug. soybeans closed at $10.09, down 12 and 1/4 centsAug. soybean meal closed at $269.40, down $1.30Aug. soybean oil closed at 53.29, down 82 pointsSep. wheat closed at $5.47, down 3/4 centAug. live cattle closed at $219.77, down 20...
A pair of agronomists say some Illinois farmers have corn leaf aphids on their minds. Chad Kalaher, with Beck’s Hybrids, says some areas of the state were hit hard by the pest last year. “Looking back in history, higher populations are associated with a 2-year cycle, so that’s a little...
Broiler hatchery data continues to imply higher production this year than last year. The USDA says 251.463 million broiler type eggs were set into incubators, 918,000 less than the previous week, but up 1% from a year ago, with average hatchability at 79.2%. 195.213 million broiler type chicks entered meat...
The dollar index (DXY00 ) on Wednesday rose slightly by +0.03%. The dollar saw support from concern that US tariffs will boost inflation and prevent the Fed from cutting interest rates. Also, the minutes of the June 17-18 FOMC meeting were slightly hawkish and supportive of the dollar. Gains in...
In a "Markets Now" interview, Darin Newsom asserted that "fundamentals win in the end," explaining that grain markets face continued pressure from ample supply and declining export demand, while cattle markets remain strong due to tight supply and robust demand, attracting fund money.
August Nymex natural gas (NGQ25 ) on Wednesday closed down by -0.126 (-3.77%). Aug nat-gas prices on Wednesday tumbled to a 6-week low and settled sharply lower due to cooler US weather forecasts and the outlook for higher nat-gas inventories. Forecaster Vaisala said Wednesday that forecasts shifted cooler in the...
An alfalfa breeding program is focused on creating plants that can thrive under extreme growing conditions. Dr. Erika Rodbell with Forage Genetics International tells Brownfield researchers are looking ten years ahead, trying to anticipate disease, pest, and climate challenges growers will have, and develop an alfalfa plant that can withstand...
August WTI crude oil (CLQ25 ) on Wednesday closed up +0.05 (+0.07%), and August RBOB gasoline (RBQ25 ) closed up +0.0029 (+0.13%). Crude oil and gasoline prices extended this week's rally and posted 2-week highs, but settled only slightly higher. Comments from the UAE Energy Minister on Wednesday boosted crude...
Researchers says their work has brought new alfalfa varieties to farms, and more benefits. Dave Witte with Forage Genetics International says they focus on alfalfa research and development, and today’s alfalfa has better disease resistance. “Aphanomyces and anthracnose, so we have high resistance to multiple races if both of those...