This episode of Fueling Conversations features Joy Gardner, the executive director of Empire Clean Cities, an environmental non-profit organization and the designated U.S. Department of Energy Clean Cities Coalition for New York City and the Lower Hudson Valley. 

She’ll discuss the immediate role that clean fuels can play in addressing environmental concerns and outline how even though the coalition takes a “fuel agnostic” approach in utilizing all available tools to meet carbon reduction goals, it recognizes the impact biodiesel and renewable diesel can make now and in the future. 

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Brownfield Commodity Market Reporter John Perkins has your look at what supported soybeans and cattle, and why corn, wheat, and hogs were mixed.

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- May corn $6.605 up $0.11

- May soybeans $15.055 up $0.31

- May soybean meal $466.00 up $6.10

- May soybean oil 55.49 up 112 points

- May Chicago wheat $6.9225 unchanged

- April live cattle $168.35 up $0.80

- April lean hogs $75.25 down $1.20

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Find more agriculture news: brownfieldagnews.com

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John Deere production systems specialist for hay and forage Julia Romagnoli covers eastern Canada with a focus on dairy and livestock.

She tells Brownfield Harvest Lab 3000 with Manure Sensing is a precision ag tool that takes away variability that exists in manure, giving producers more control.

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Listen to this episode of the Compeer Financial podcast where Glenn Wachtler, a Financial Officer and member of the grain group for Compeer Financial, discusses the factors that influence grain prices.

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Brownfield Commodity Market Reporter John Perkins has your look at why soybeans, corn, and wheat were mixed, what supported cattle, and how hogs closed lower.

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- May corn $6.505 up $0.0325

- May soybeans $14.7725 up $0.095

- May soybean meal $458.20 up $0.30

- May soybean oil 55.38 up 33 points

- May Chicago wheat $7.0475 up $0.05

- April live cattle $165.82 up $0.87

- April lean hogs $76.77 down $0.97

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Find more agriculture news: brownfieldagnews.com

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An adequate and up-to-date inland waterway system is critical for producers to help meet increasing demand for soybeans. 

In this episode learn more about two research projects that USB has invested in to help move soybeans domestically and internationally.  

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

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- May corn $6.4725 down $0.01

- May soybeans $14.6775 up $0.255

- May soybean meal $457.90 up $11.90

- May soybean oil 55.05 up 50 points

- May Chicago wheat $6.9975 up $0.0175

- April live cattle $164.95 up $0.05

- April lean hogs $77.75 down $0.87

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Find more agriculture news: brownfieldagnews.com

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This week, Will and Ben preview one of the top USDA report days of the year with prospective plantings and grain stocks coming on Friday.

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Market recap (changes on week):

- May corn up $.15 at $6.48

- December 2023 corn up $.09 at $5.69

- May soybeans down $.34 at $14.52

- November soybeans down $.14 at $12.95

- May soybean oil down 3.44 cents at 54.45 cents/lb

- May soybean meal down $10.30 at $452.40/short ton

- May wheat up $.01 at $7.01

- July wheat up $.04 at $7.12

- June WTI Crude Oil up $4.97 at $73.03/barrel

Weekly highlights:

- US ethanol production fell 5 million gallons on the week to 293 million gallons on the week- ethanol stocks decreased slightly on the week but remain 9% higher than the 5-year average. Finished motor gasoline was up 4% week over week.

- There were almost 122 million bushels of old crop corn sold to international destinations for the most recent week of official reports- the highest single weekly value in exactly 2 years. China accounted for a little over 2/3s of those sales. The corn export deficit is shrinking and now is roughly 100 million bushels below USDA’s current target. The rest of the grain and oilseed export sales were bearish. Soybeans and wheat fell below all pre-report expectations while grain sorghum had net sales cancelations.

- After a couple anxiety filled weeks in the market highlighted with some regional bank failures and the federal reserve increasing their benchmark rate another 25 basis points last week- funds moderated in Chicago corn and soybeans decreasing the net short in corn and decreasing the net long in soybeans.

- Ag export inspections were mixed on the week- below all expectations for corn, at the top end of expectations for soybeans and wheats.

- This week’s Hard Red Winter wheat ratings were steady for Kansas at 19% good to excellent- Oklahoma up 5% while Texas was down 5%. The biggest changes were in Soft Red Winter Wheat- Illinois was down 24% to 58% good to excellent.

Topics:

- Market recap

- Russian Ukrainian grain corridor extended

- Continued Black Sea uncertainty

- Federal Reserve moving forward

- Reports to watch

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Find more agriculture news: brownfieldagnews.com

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Due to the growth in biodiesel consumption, the value of U.S. soybeans have increased by 63 cents per bushel. In this Indiana Corn and Soybean Checkoff Connection, Helena Jette, Biofuels Director for the Indiana Soybean Alliance explains how.

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