Brownfield Ag News

Headlines on today’s episode include:

- Weather fueling this week’s rally

- Phosphate supplies questioned as conflict continues to disrupt global market

- Misuse of 2-4-D could threaten future weed control 

- John Deere agrees to 10-year right-to-repair deal in FTC antitrust lawsuit

- Latest EPA update on Gulf hypoxia zone shows mixed results  

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Brownfield Commodity Market Reporter John Perkins has your look at Wednesday's strength in hogs, mixed close for cattle, and declines in corn, soybeans, and wheat.

September corn $4.35 down $.08 and 3/4

August soybeans $11.93 and ¼ down ½ cent

August soybean meal $312.30 down $3.90

August soybean oil 70.85 up 226 points

September Chicago wheat $6.07 and ¾ down $.10 and 3/4

August live cattle $237.62 down $.80

August lean hogs $99.65 up $2.72

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Katie Lacey never planned to return to her family's fifth-generation California cattle ranch. After earning degrees at Oklahoma State University and building a career away from home, life took an unexpected turn that brought her back to the ranch.

In this episode of Next Gen Podcast with Erin Anderson and Kellan Heavican, Katie shares how she's finding her place in the family operation while balancing an off-farm career in the cattle feed industry. She discusses why diversification has become essential for young producers, the realities of ranching in California, healthcare and off-farm income, the value of horses in their operation, and why succession planning needs to happen long before the next generation takes over.

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Brownfield Commodity Market Reporter John Perkins has your look at the overnight gains in soybeans and wheat, the mixed trade in corn, and what might influence cattle and hogs,

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Stories on today's show include:

-An ag economist says producers remain concerned about the future of the farm economy according to the latest Purdue University/CME Group Ag Economy Barometer.

-Sterile flies are crucial as the cattle industry fights New World screwworm, and a new technology could play a key role in eradicating the pest.  

-The president of the Illinois Corn Growers Association says the clock is ticking on getting nationwide, year-round E15 across the finish line. 

-Several agricultural groups are encouraging the U.S. Trade Representative to impose a 25 percent reciprocal tariff on Brazilian ethanol.

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

September corn $4.43 and ¾ up $.05 and 1/2

August soybeans $11.93 and ¾ up $.09 and 3/4

August soybean meal $316.20 up $3.30

August soybean oil 68.59 up 83 points

September Chicago wheat $6.18 and ½ up $.04 and 1/2

August live cattle $238.42 down $.67

August lean hogs $96.92 down $1.60

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

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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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Thinking about purchasing your own slice of the wild outdoors? In this episode, Compeer Home Loan Officer, Chris Allen, shares what to consider when purchasing recreational land: how to use it, what factors to consider as you search for your perfect paradise, and financing options that support your goals. Whether you're dreaming of a quiet cabin, a hunting haven, or a private fishing hole, this conversation paves the way for making that dream a reality.

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The latest USDA Acreage Report is out, and Ag Economist Megan Roberts explains what it means for farmers. She compares the June report to March planting intentions, discusses market reactions, and shares key takeaways on margin management, input costs, and what to watch as the growing season continues.

For more market insights, subscribe to Megan's Economic Minute at compeer.com/economic-minute.

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Brownfield Commodity Market Reporter John Perkins has your look at the modest overnight gains in soybeans and corn, the mixed business in wheat, and how cattle and hogs might open

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Stories on today's show include:

-A new report from the University of Illinois suggests rural Americans are concerned about the impact of data centers.

-Many farmers are pricing old and new crop grain.

-An ag meteorologist says the heat dome in the forecast for the U.S. Plains in mid-July isn’t expected to have a widespread impact on pollinating corn, the growing crops, and livestock. 

-County fairs across Illinois are receiving a much-needed boost this summer thanks to COUNTRY Financial.

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