Brownfield Ag News

Soybeans, corn, and wheat are lower early. Brownfield's Meghan Grebner has your opening Market Minute for April 28, 2025.

What to watch:

» Soybeans are pressured by lower soybean meal and soybean oil.

» The market is looking ahead to this afternoon's Crop Progress updates from the USDA.

» Cattle are higher early, with support from the lower move in corn.

» Hogs are mixed amid ongoing demand uncertainty.

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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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Last week, we discussed prepping equipment for herbicide applications, and this week, Corteva Agriscience Market Development Specialist, Scott Pringnitz, joins us to discuss what farmers should check to ensure a successful spray of Enlist herbicides when they are ready to head to the field.

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A Missouri Soybeans partnership with Martin Seed resulted in the launch earlier this year of the SOYLEIC Dairy Air Series non-GMO soybeans. Bryan Stobaugh with Missouri Soybean says that’s taken SOYLEIC soybeans from primarily human food use to their use in dairy cow rations. They benefit milk production and the dairy producers’ bottom line.

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In this video, Brownfield's Meghan Grebner and University of Tennessee ag economist Charley Martinez provide a weekly update on livestock slaughter, cold storage, and food price outlook.

Market highlights:

Live cattle prices closed at $211.05/cwt which is $0.58 down from last week. June live cattle prices ($208.3) were up $4.23 compared to a week ago, and May feeder cattle future prices ($290.65) were up $3.80 compared to last week. Choice box beef was at $331.97 end of this week, which is down 1% from last week. Select box beef was at $314.52 at the end of this week, which is down $0.04 from last week. Pork Cutout was $100.81, which is up 8% ($7.54) from last week. National Base Hog Carcass was up to $86.35, which is 3% higher than last week. May lean hog futures closed at $92.90 which is up 3% ($2.50) from a week ago.

Weekly Slaughter:

Cattle slaughter for the week is at 555,000, down 21,000 on the week and down nearly 58,723 on the year. Year-to-date cattle slaughter is down 5.8%

Hog slaughter for the week is at 2.43 million head, up 59,000 on the year, and up about 52,156 on the year. Year-to-date hog slaughter is down 2.8%

Livestock Slaughter 2024 Summary Report:

Total red meat production for the United States totaled 55 billion pounds in 2024, 1% higher than 2023.

Beef production totaled 27.0 billion pounds, up slightly from the previous year. Pork production was at 27.8 billion pounds, which was 2% above 2023.

Commercial cattle slaughter during 2024 totaled 31.8 million head, down 3% from 2023, with federal inspection comprising 98.2% of the total. The average live weight was 1,399 pounds, up 34 pounds from a year ago. Steers comprised 48.6% of the total federally inspected cattle slaughter, heifers 32%, dairy cows 8.7%, other cows 9.1%, and bulls 1.6%.

Commercial hog slaughter totaled 130 million head, 1% higher than 2023 with 99.5% of the hogs slaughtered under federal inspection. The average live weight was up 1 pound from last year, at 288 pounds. Barrows and gilts comprised 97.3% of the total federally inspected hog slaughter.

There were 1,089 plants slaughtering under federal inspection on January 1, 2025 compared with 1,012 last year.

Iowa, Nebraska, Kansas, and Texas accounted for 50 percent of the United States commercial red meat production in 2024, up 1 percent from 2023.

Storage Reports:

Total Beef in storage was down 2% from February, 1% up from last year. Majority was driven down by boneless which was down 3%, while beef cuts were up 7% from February.

Pork remained unchanged from February to March, and was up 1% compared to a year ago. Stocks of pork bellies were up 14% from last month but down 26% from last year

Food Price Outlook:

The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers.

Feb to March: Beef 1.6% increase, Pork 2.2% increase

Year over year: Beef 8.6% increase, Pork 2.9% increase

The Producer Price Index (PPI) measures the average change over time in the selling prices received by domestic producers for their output.

Farm Level-Cattle: Feb to March had a .4% increase, and 10% year-over-year change

Next week’s reports:

» Ag Prices

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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: Severe weather forecast for Monday, National Weather Service saga might be over - for now, Wisconsin weather monitoring network expands, Input costs remain a concern, Rapid planting progress in southern Ohio, Crop pests migrating into Midwest, and Soy Foods Month winding down.

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Brownfield's Carah Hart visited with Ivey Elwell, of La Monte FFA, at the Missouri FFA Convention in Columbia, Missouri. Elwell will serve as the 2025-2026 Missouri FFA President.

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On this episode of Outdoor Adventures, Illinois Director of Agriculture Jerry Costello joins Brent Barnett for a conversation about the importance of hunting in his life, and his passion for getting youth involved in the outdoors.

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

Closing numbers:

» May corn $4.78 and ¾ up $.01 and 1/2

» May soybeans $10.49 and ¾ down $.03 and 1/4

» May soybean meal $290.00 up $1.30

» May soybean oil 49.28 down 37 points

» May Chicago wheat $5.30 up ¾ cent

» June live cattle $208.25 up $.25

» May lean hogs $92.80 up $.85

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.

Brownfield's Carah Hart visited with Missouri FFA President Andi Belt at the Missouri FFA Convention in Columbia, Missouri.

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

What to watch:

» Soybeans and corn are watching forecasted rain coverage.

» Wheat's monitoring rain chances in the Plains.

» Cattle are waiting for direct business.

» Hogs are mostly up, early, on Thursday's pork close.

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.