Brownfield Ag News

In this episode of the Weekly Livestock Market Update, host Meghan Grebner and ag economist Josh Maples discuss the latest trends in the livestock market, focusing on cattle prices, market dynamics, and the implications of recent reports on cold storage and slaughter numbers. They analyze the bullish market for cattle, the impact of the jobs report on consumer confidence, and the significance of trade frameworks for beef demand. The conversation highlights the complexities of the market, including risk management strategies for producers and the effects of international trade on domestic prices.

Takeaways:

» We're clearly in a bullish market for cattle prices.

» $48 more than where we were a year ago.

» Low levels of cold storage, especially on the pork side.

» Beef cow slaughter is going to be one of the most fascinating things.

» This report revised May and June down about 258,000 jobs.

» This is a pretty big hiccup here in terms of consumer sentiment.

» Imports of beef from Brazil are now subject to that 50% tariff.

» Can any access is good access, even if it's years down the road.

» We're not likely to send a ton of beef to Australia.

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About Brownfield Ag News:

Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.

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Headlines on today’s episode include: 

- Markets responding to tariffs 

- Soybean markets looking for a China deal 

- EPA proposal could eliminate DEF requirements in ag 

- An outlook for the U.S. wheat market 

- A new satellite should help farmers

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On this episode of Outdoor Adventures, Brent Barnett joins Backwoods Bulletin podcast host Caleb Drake on a piece of Iowa public land to do some summer scouting. They discuss the terrain they navigated and some of the deer hunting areas they were able to find.

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Brownfield Commodity Market Reporter John Perkins has your look at what supported cattle and hogs, what pressured wheat, and why corn and soybeans finished mixed.

Closing numbers:

» September corn $3.89 and ½ down $.04 and 1/2

» September soybeans $9.69 and ½ unchanged

» September soybean meal $270.90 up $5.00

» September soybean oil 54.48 down 79 points

» September Chicago wheat $5.16 and ¾ down $.06 and 1/2

» October live cattle $223.67 up $.52

» October lean hogs $90.05 up $.47

Connect with Brownfield Ag News:

» Get the latest ag news: https://www.brownfieldagnews.com/

» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews

» Follow Brownfield on X (Twitter): https://x.com/brownfield

» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNews

About Brownfield Ag News:

Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Brownfield Commodity Market Reporter John Perkins has your look at the early higher trade in cattle and soybeans, the initial losses for wheat, and mixed activity in corn and hogs.

What to watch:

» Soybeans are oversold, corn is consolidating.

» Wheat is down on growing supplies.

» Cattle are up with the week-to-date direct trade.

» Hogs are mixed, adjusting spreads.

Connect with Brownfield Ag News:

» Get the latest ag news: https://www.brownfieldagnews.com/

» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews

» Follow Brownfield on X (Twitter): https://x.com/brownfield

» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNews

About Brownfield Ag News:

Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Headlines from this episode: President Trump’s tariff deadline is here, more about the U.S. – South Korea trade deal, and an improved weather forecast across the U.S. Corn Belt. Plus, much more!

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Brownfield Commodity Market Reporter John Perkins has your look at the losses in cattle and soybeans, the gains in hogs, and the mixed closes for corn and wheat.

Closing numbers:

» September corn $3.94 up $.02 and 1/4

» August soybeans $9.61 and ¾ down $.06

» August soybean meal $261.80 up $1.10

» August soybean oil 55.58 down 92 points

» September Chicago wheat $5.23 and ¼ down ½ cent

» August live cattle $227.77 down $5.30

» August lean hogs $107.12 up $.10

Connect with Brownfield Ag News:

» Get the latest ag news: https://www.brownfieldagnews.com/

» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews

» Follow Brownfield on X (Twitter): https://x.com/brownfield

» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNews

About Brownfield Ag News:

Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Brownfield Commodity Market Reporter John Perkins has your look at the lower opens for soybeans and corn and the mixed early trade in wheat, cattle, and hogs.

What to watch:

» Soybeans and corn are watching development weather.

» Wheat is monitoring the winter harvest and spring crop conditions.

» Cattle are waiting for direct business.

» Hogs continue to question demand.

Connect with Brownfield Ag News:

» Get the latest ag news: https://www.brownfieldagnews.com/

» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews

» Follow Brownfield on X (Twitter): https://x.com/brownfield

» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNews

About Brownfield Ag News:

Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Headlines on today’s episode include: 

-The US Seante hears about USDA’s restructuring

-Weather and trade uncertainty impacting grain markets 

-Tassel wrap and southern rust hampering the corn crop 

-The cost of weeds is increasing 

-A lack of farmer survey participation is worrisome for ag

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Brownfield Commodity Market Reporter John Perkins has your look at the higher close in cattle, the day's losses in soybeans, and the mixed finishes for corn, wheat, and hogs.

Closing numbers:

» September corn $3.91 and ¾ up $.02 and 1/2

» August soybeans $9.67 and ¾ down $.14

» August soybean meal $260.70 down $1.00

» August soybean oil 56.50 down 104 points

» September Chicago wheat $5.23 and ¾ down $.06

» August live cattle $233.07 up $3.35

» August lean hogs $107.02 down $.22

Connect with Brownfield Ag News:

» Get the latest ag news: https://www.brownfieldagnews.com/

» Subscribe to Brownfield on YouTube: https://www.youtube.com/@BrownfieldAgNews

» Follow Brownfield on X (Twitter): https://x.com/brownfield

» Follow Brownfield on Facebook: https://www.facebook.com/BrownfieldAgNews

About Brownfield Ag News:

Brownfield Ag News is your trusted source for reliable agriculture news, market trends, weather updates, and expert interviews. Get comprehensive coverage and stay ahead in the ever-evolving agriculture industry.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.