Brownfield Ag News

In this conversation, Meghan Grebner and Kenny Burdine discuss the current state of the beef cattle market, focusing on slaughter numbers, consumer demand, pricing dynamics, and the impact of trade tariffs. They explore the implications of low beef cow slaughter rates, the importance of consumer behavior in shaping market trends, and the necessity of risk management in a volatile market environment. The discussion also highlights the significance of seasonal demand and the effects of recent cold storage data on supply levels.

Takeaways:

» The beef cow slaughter is at a 10-year low, indicating a tighter supply.

» Consumer demand remains strong, supporting high cattle prices.

» Seasonal trends in grilling can positively influence market prices.

» Innovations in cooking methods during COVID have sustained demand.

» Culling decisions are critical for future herd growth and market stability.

» The upcoming July cattle inventory report will provide key insights.

» Market volatility is heightened by uncertainty in trade policies.

» Risk management strategies are essential in a fluctuating market.

» High calf prices encourage producers to retain more cows.

» Cold storage data reflects current supply levels and market dynamics.

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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 for this episode: The latest tariff rulings, More concerns over MAHA, Ag lending is up and land values are down, The weekly export sales summary, and A few updates on the wheat crop. 

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

Closing numbers:

» July corn $4.44 down $.03

» July soybeans $10.41 and ¾ down $.10

» July soybean meal $296.30 down $.10

» July soybean oil 46.89 down 150 points

» July Chicago wheat $5.34 unchanged

» June live cattle $215.47 down $.05

» June lean hogs $101.32 up $1.30

Connect with Brownfield Ag News:

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

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

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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.

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

On this week’s episode of Outdoor Adventures, Brownfield’s Brent Barnett sits down with Stephen Leininger from Helena. Stephen is an avid hunter and outdoorsman who shares some of his most memorable stories hunting the Delta region.

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

What to watch:

» Soybeans and corn expect good planting weather.

» Wheat has some crop condition concerns.

» Cattle are supported by direct business.

» Hogs have some help from wholesale trade.

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

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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.

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: A Little Rain Goes a Long Way, Pest pressure picking up steam in Iowa, Weed scouting before and after spraying, Could the southwest monsoon season deliver relief from high winds in the WCB?, Planting wet causes long-term issues, SNAP cuts in budget reconciliation bill could hurt rural communities, and Iowa’s first-ever B99 biodiesel pump open for business.

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

» July soybeans $10.51 and ¾ up $.03 and 1/4

» July corn $4.47 down $.04

» July soybean meal $296.40 up $2.70

» July soybean oil 48.39 down 54 points

» July Chicago wheat $5.34 up $.03 and 3/4

» June live cattle $215.52 up $1.60

» June lean hogs $100.02 down $.25

Learn more about what's happening in the agriculture markets here: https://brownfieldagnews.com/markets/

Find more agriculture news here: https://brownfieldagnews.com/

Connect with Brownfield Ag News:

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

» Subscribe to Brownfield on YouTube: @BrownfieldAgNews

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

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

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Brownfield Ag News creates and delivers original content across multiple media platforms. Brownfield is the largest and one of the oldest agricultural news networks in the country carrying agricultural news, markets, weather, commentary and feature content.

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

What to watch:

» Soybeans and corn are expecting good planting progress.

» Wheat is monitoring crop conditions.

» Cattle are waiting for direct business to get going.

» Hogs continue to question sustained 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 impact of interest rates on herd expansion, USDA Increases Meat Processing Funds, USDA approves Indiana's SNAP waiver, Cash prices decent, Local farmland preservation groups say contracts are unamendable to state intervention, Avian metapneumovirus a mystery, and we’ll hear an interview update on Corn Belt weather conditions with a climatologist from the National Drought Mitigation Center.

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 mixed finish in hogs and wheat, and the losses in soybeans, corn, and cattle.

Closing numbers:

» July corn $4.51 down $.08 and 1/2

» July soybeans $10.48 and ½ down $.14

» July soybean meal $293.70 down $2.60

» July soybean oil 48.93 down 64 points

» July Chicago wheat $5.30 and ¼ up $.01 and 3/4

» June live cattle $213.92 down $1.20

» June lean hogs $100.27 up $1.17

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.