Brownfield Ag News

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

What to watch:

» Soybeans are seeing profit taking.

» Corn and wheat are monitoring development weather.

» Cattle are waiting for direct business.

» Hogs are mostly up on demand signals.

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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: Grassley pleasantly surprised by MAHA report, Rep. Hinson praises House-passed reconciliation package, Early indicators suggest farm labor cost increases ahead, Poor expectations for winter wheat crop, Replant decisions weighing on some, and EU Tariffs Impact Ag Prices.

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

Closing numbers:

» July corn $10.62 and ½ up $.02 and 1/4

» July corn $4.59 and ½ unchanged

» July soybean meal $296.30 up $.10

» July soybean oil 49.57 up 22 points

» July Chicago wheat $5.28 and ½ down $.14

» June live cattle $215.12 down $.67

» June lean hogs $99.10 up $.80

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

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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.

The Illinois Corn Marketing Board collaborates with Illinois FFA in various ways to help strengthen the future of agriculture by investing in its next generation. In this Managing for Profit, Owen Torrance, the current Illinois FFA state secretary, discusses how the state’s corn growers are actively involved at several levels of the organization.

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

What to watch:

» Soybeans are up on a higher move in bean oil.

» Corn and wheat are watching crop weather.

» Cattle are up, expecting tighter supplies.

» Hogs are monitoring 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.

Missouri Soybeans’ Grain Smart Field Day, on Wednesday, June 4th, features demonstrations for farmers and firefighters on how to prevent grain bin fatalities. The event, held at the Farm for Soy Innovation south of Columbia, also includes demonstrations of biobased Soy Foam fire suppressant and AGI’s cutting-edge BinManager.

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On this special Memorial Day holiday episode, we’ll hear some recent agribusiness news interviews conducted by some of our Brownfield broadcasters. Topics include recent weather trends, the 2025 growing season, and the future of the 45Z clean fuels production tax credit.

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Planting progress varies across the Midwest and Delta. While many farmers are finished with corn and soybeans, others have been rained out for weeks. Corteva Agriscience Market Development Specialist, Brad Allen, says that as planting winds down, scouting becomes critical for in-season crop pest management. 

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In this episode, Meghan Grebner and Josh Maples discuss the current state of the cattle market, including cattle on feed numbers, market prices, and the economic factors influencing producers' decisions. They explore the implications of interest rates, slaughter numbers, and the impact of weather on cattle expansion. The conversation also touches on risk management strategies for producers in light of fluctuating prices and market conditions.

Takeaways:

» Cattle prices are historically high, but costs are also rising.

» Interest rates are a significant concern for cattle producers.

» Slaughter numbers are down due to tighter supplies.

» Cattle on feed numbers are lower than expected this month.

» Regional differences in cattle placements are notable.

» Drought conditions impact pasture availability and cattle expansion.

» Producers need to stay informed about potential risks like the New World screw worm.

» Risk management is crucial for producers to navigate market fluctuations.

» Understanding personal risk tolerance is key for effective decision-making.

» The cattle market is influenced by a combination of supply, demand, and economic factors.

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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» 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.

On this latest episode, we’ll learn about the next step of the reconciliation process; how the Byrd Rule will impact reconciliation in the Senate; the latest cattle on feed numbers; judge rules on USDA funding freeze; more reaction to the MAHA report; and an update on the ag equipment market.

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