Brownfield Ag News

Brownfield's Mark Dorenkamp recently hosted the KNUJ Farm Forum for Brownfield affiliate KNUJ, based in New Ulm, Minnesota. Featured guests included South Central College farm business management instructors Kristina McVicker and Wayne Schoper. The pair stressed the importance of risk management. 

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 gains in cattle, hogs, and soybeans and the losses for corn and wheat.

Closing numbers:

» May corn $4.75 and ¾ down $.06

» May soybeans $10.35 up $.05 and 1/2

» May soybean meal $291.90 down $1.00

» May soybean oil 47.58 down 24 points

» May Chicago wheat $5.35 and ½ down $.03

» June live cattle $206.27 up $2.52

» May lean hogs $92.22 up $1.20

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.

This week Will and Ben discuss how tightening corn ending stocks sets the futures market up for gains if adverse weather lowers yield potential this summer.

Market recap (changes on week as of Friday's close):

» May 2025 corn down $.08 at $4.82

» December 2025 corn up $.03 at $4.66

» May 2025 soybeans down $.07 at $10.35

» November 2025 soybeans up $.06 at $10.31

» May soybean oil up 0.51 cents at 47.86 cents/lb

» May soybean meal down $3.80 at $295.80/short ton

» May wheat down $.07 at $5.48

» July 2025 wheat down $.09 at $5.61

» May 2025 cotton up 0.43 cents at 66.32 cents/lb

» December 2025 cotton down 0.07 cents at 68.44 cents/lb

» May 2025 rough rice down $0.02 at $13.485/cwt

» September 2025 rough rice down $0.12 at $13.545/cwt

» May WTI Crude Oil up $3.07 at $64.57/barrel

Weekly highlights:

U.S. retail sales in March surged to a 26-month high. Consumer product chains warn that it was a lot of panic buying ahead of anticipated U.S. tariffs on imports.

The National Oilseed Processors Association reported their members crushed 194.6 million bushels in March- down 3 million from expectations, but up 16.7 million bushels from the disappointing February value.

Again, this week crude oil stocks were higher (+21.6 million gallons) while U.S gasoline and distillate fuels were down 82.2 and 77.7 million gallons respectively. U.S. gasoline demand was flat week over week.

U.S. ethanol production fell to 298 million gallons matching a calendar year low. Ethanol stocks decreased 9.24 million gallons, but remain seasonally high.

Weekly export sales of grains and oilseeds were mixed. Corn sales of 61.5 million bushels are 2.5 months high, soybean sales of 20.4 million bushels are a six-week high. Grain sorghum and cotton export sales were average. Wheat and rice sales were somewhat disappointing.

U.S. cattle on feed as of April 1, 2025 was down 1.6% year over year- nearly matching expectations. Placements and marketings in March at +5.1% and +1.1%, respectively were both slightly higher than expected.

Open interest in futures and options positions of grains and oilseeds fell 4% week over week. Producers and merchants were net sellers expanding their short position while money mangers were net buyers of 208,757 contracts- decreasing their short position.

U.S. export inspections were bullish for grains and neutral to bullish for oilseeds for the second straight week. Corn and wheat inspections came in above all expectations at 67.0 and 18.7 million bushels, respectively. Soybean inspections were as expected at 20.2 million bushels.

U.S. corn planting was 4% this week- a little behind the 5% average for this time of year and behind the 6% trade expectation. U.S. soybean planting is at 2% matching the 2% on average but also behind the 3% expected in pre-report expectations.

U.S. winter wheat conditions were 47% good to excellent- down 1 point from the week prior but matching trade expectations. The value compares to 55% good to excellent this time last year.

Topics:

» Market recap

» Corn carryout tightens

» Wet planting conditions

» March NOPA report

» Reports to watch

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's Mark Dorenkamp recently hosted the KNUJ Farm Forum for Brownfield affiliate KNUJ, based in New Ulm, Minnesota. Featured guests included South Central College farm business management instructors Kristina McVicker and Wayne Schoper. Dorenkamp asked the pair about planting intentions.

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 gains in cattle and soybeans, the initial losses for corn and wheat, and the mixed start for hogs.

What to watch:

» Soybeans are following crude oil.

» Corn and wheat are waiting for rain.

» Cattle are getting ready for direct business.

» Hogs are cautiously optimistic about 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.

In this Pods for Profit, we’ll hear how crop inputs move throughout the supply chain. Vice President of Crop Nutrients Kreg Ruhl with Growmark shares how important waterways are for farmers to get the products they need. 

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

Nebraska Public Power District Director of Wholesale Sales and Services Chad Podolak says NPPD provides a reliable and diverse energy generation resource mix that benefits the state’s farmers and ethanol industry. He tells Brownfield that NPPD continues to work with state ag entities to explore potential carbon sequestration. 

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

News headlines on this episode include: Smith confident E15 legislation gets across the finish line, IRFA says Trump admin needs to issue nationwide E15 waiver, Bipartisan legislation would prevent tariff abuse, and 12% of U.S. corn and 8% of soybeans planted. We’ll also hear an interview report with the executive director of Illinois Corn.

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

Brownfield's Erin Anderson visited with Marnie Schwartzkopf, president of Purdue Ag Week. Schwartzkopf tells Brownfield this year's event reached a record number of students across campus.

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

Director of Marketing and Communications Noelle Nachreiner with the United Dairy Industry of Michigan talks more about their partnership with Michigan State University (MSU) athletes and how they engage with thousands of fans through sporting events. Discover the different ways UDIM promotes Michigan dairy farmers with MSU in this Conversation with the Dairy Checkoff.

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