Brownfield Ag News

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

Closing numbers:

» May corn $4.84 and ¼ up $.03

» May soybeans $10.38 and ¾ up $.02 and 3/4

» May soybean meal $296.70 up $2.50

» May soybean oil 47.48 up 15 points

» May Chicago wheat $5.47 and ¾ up $.05 and 3/4

» June live cattle $202.07 up $2.27

» May lean hogs $90.15 up $1.95

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 Brent Barnett visited with Iowa FFA Reporter Kadence Boender at the 97th Iowa FFA Leadership Conference in Ames, Iowa.

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 higher starts in wheat, corn, and hogs, the mixed open for soybeans, and the early losses in cattle.

What to watch:

» Soybeans are adjusting spreads.

» Corn and wheat are watching rainfall potential.

» Cattle are waiting for direct business and the on feed numbers.

» Hogs are up on short covering.

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.

On this episode of Agriculture Today, we’ll hear from farmers in Indiana, Iowa, Nebraska, and Minnesota about their 2025 planting intentions and timelines, we’ll also get updates on highly pathogenic avian influenza and how the markets have reacted to recent tariff news. And, the show will feature an interview report from the Iowa FFA State Convention.

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

In this video, Will and Ben look at the rebound in crop prices as tariffs are largely paused and the inflationary pressures ease.

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

» May 2025 corn up $.30 at $4.90

» December 2025 corn up $.17 at $4.63

» May 2025 soybeans up $.65 at $10.42

» November 2025 soybeans up $.41 at $10.25

» May soybean oil up 1.51 cents at 47.35 cents/lb

» May soybean meal up $16.50 at $299.60/short ton

» May wheat up $.26 at $5.55

» July 2025 wheat up $.28 at $5.70

» May 2025 cotton up 2.53 cents at 63.36 cents/lb

» December 2025 cotton up 2.35 cents at 68.51 cents/lb

» May 2025 rough rice up $0.43 at $13.505/cwt

» September 2025 rough rice up $0.315 at $13.665/cwt

» May WTI Crude Oil down $0.49 at $61.50/barrel

Weekly highlights:

Both the Consumer Price Index and the Producer Price Index fell month over month- well below expectations they would increase just slightly. The initial consumer sentiment reading of 50.8 came in below the 54.6 expectations.

Energy stocks were mixed on the week. U.S. crude oil stocks were up 107 million gallons while gasoline and distillate fuels were down 67.2 and 148.9 million gallons. Implied gasoline demand was down 1% week over week and 4% below the four-week average.

US ethanol production decreased to 300 million gallons produced- down from 313 million gallons the week prior and 310 million gallons the saw week last year. Ethanol stocks increased 17.7 million gallons on the week and are 9% higher than the five-year average for the week.

Weekly export sales of grains and oilseeds were neutral to slightly bearish. Sales of corn (30.9), soybeans (6.3), grain sorghum (0.9), and wheats (3.9) million bushels were all within expectations, but down from the week prior and recent volumes.

Open interest in futures and options of grains and oilseeds was down 0.4% week over week. Producers and merchants were net sellers expanding their net short position in the complex. Managed money traders were net buyers reducing their net short position.

U.S. export inspections were bullish for grains and neutral to bullish for oilseeds. Corn and wheat inspections came in above all expectations at 72.0 and 22.2 million bushels, respectively. Soybean inspections were as expected at 20.1 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

- Pause on tariffs

- Dollar value adjustments

- Crop export support

- Inflation pressures slow

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

Closing numbers:

» May corn $4.81 and ¼ down $.03 and 3/4

» May soybeans $10.36 down $.05 and 3/4

» May soybean meal $294.20 down $2.90

» May soybean oil 47.33 up 101 points

» May Chicago wheat $5.42 down $.05 and 1/2

» June live cattle $199.80 up $.72

» May lean hogs $88.20 up $.25

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 Brent Barnett visited with Iowa FFA Association executive director Scott Johnson at the 97th Iowa FFA Leadership Conference in Ames, Iowa.

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 from the Toledo-Lucas County Port Authority on how ag products move through their terminals and across the St. Lawrence Seaway. Stay tuned to hear about the benefits of our local maritime shipping and the room for growth.

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

The Race to the Plate Campaign Partnership is in its 10th year and it’s an opportunity for consumers to have face time with Missouri farmers. In this episode, Blake McDonald, this year’s Featured Farmer for the Missouri Beef Industry Council, talks about the importance of this effort.

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 open in soybeans, the higher starts for corn and cattle, and the mixed opens in wheat and hogs.

What to watch:

» Soybeans are seeing some profit taking.

» Corn and wheat are watching crop weather.

» Cattle are supported by Monday's boxed beef close.

» Hogs are wary about 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.