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

-----

- March corn $6.7625 down $0.06

- March soybeans $15.2575 down $0.1175

- March soybean meal $491.10 down $9.90

- March soybean oil 61.24 up 84 points

- March Chicago wheat $7.6925 down $0.1675

- April live cattle $164.60 down $0.07

- April lean hogs $86.50 down $0.75

-----

Find more agriculture news: brownfieldagnews.com

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

Every growing season farmers fight for clean fields. But broadleaf weeds and grasses are a challenge year-after-year. 

In this Managing for Profit, Elizabeth Brand with Bayer CropScience talks about TriVolt, a powerful new tool available to retailers and growers for the upcoming growing season.

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 why corn was mixed, what sent soybeans, cattle, and wheat lower, and how hogs finished higher.

-----

- March corn $6.8225 down $0.0275

- March soybeans $15.345 down $0.0525

- March soybean meal $501.00 down $3.00

- March soybean oil 60.40 up 26 points

- March Chicago wheat $7.86 down $0.06

- April live cattle $164.67 down $0.42

- April lean hogs $87.25 up $0.90

-----

Find more agriculture news at: brownfieldagnews.com

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 provide thoughts on how to create a successful grain marketing plan.

-----

Market recap (changes on week):

- March corn up $.10 at $6.86

- December 2023 corn up $.01 at $5.96

- March soybeans up $.11 at $15.37

- November soybeans up $.14 at $13.84

- March soybean oil slightly up at 60.14 cents/lb

- March soybean meal up $13.70 at $501.40/short ton

- March wheat up $.39 at $7.88

- July wheat up $.36 at $8.01

- April WTI Crude Oil up $4.81 at $79.28/barrel

Weekly highlights:

- Ethanol production decreased 8 million gallons week over week to fall back below 300 million gallons. USDA cut their corn used for ethanol estimate 25 million bushels in February nearly matching my estimate of being short 26 million bushels.

- USDA’s monthly supply and demand reports last week were largely as expected with slightly increasing domestic stocks on weaker domestic demand and decreasing global corn and soybean supply on smaller Argentine and Ukraine production.

- Agricultural export sales last week were again mixed and following a trend. Corn sales are elevated, bean sales had the second lowest value of the marketing year and wheat sales were also relatively low.

- Mexico issued a new decree Monday removing a requirement date but maintaining the Country’s goal of eliminating GMO corn imports and a full ban on white corn imports.

- Weekly soybean export inspections hit their lowest levels in five weeks at 57.1 million bushels but still well above historical volumes. Corn exports continue to struggle while wheat saw some seasonal strength.

Topics:

- Market recap

- Grain marketing

- Grain storage

- Market highs and lows

- Basis talk

- Reports to watch

-----

Find more agriculture news at: brownfieldagnews.com

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

Using a foundational pre-emergent herbicide that can partner with other herbicides can provide farmers with full-spectrum weed control.

In this Managing for Profit, Kip Jacobs, UPL technical services manager talks about how Preview 2.1 SC can be used as part of a burndown strategy.

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

In this Best of Voice of Soy, brought to you by Ohio Soybean farmers and their checkoff dollars, Ohio State University extension weed specialist Mark Loux details how checkoff dollars are used to battle weed resistance and set producers up for a successful growing season.

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 factors supporting soybeans, corn, cattle, and hogs, and why wheat was mixed.

-----

- March corn $6.85 up $0.045

- March soybeans $15.4275 up $0.0025

- March soybean meal $504.00 up $4.60

- March soybean oil 60.14 down 40 points

- March Chicago wheat $7.92 up $0.06

- April live cattle $165.10 up $1.15

- April lean hogs $86.35 up $3.02

-----

Find more agriculture news at: brownfieldagnews.com

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

Farmers are firming up plans for the upcoming growing season and Enlist field specialist Steve Snyder says now is the time to take advantage of educational and training opportunities for growers who plan to use the Enlist Weed Control System in 2023. He tells Brownfield information on proper tank mix order and training modules are available online.

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

Ben Longlet is the digital specialist for Harvest Profit, a farm business management tool he says helps farmers identify profit and loss on several levels.

He tells Brownfield Harvest Profit can connect with John Deere’s Operations Center to track cost of production, break evens, and even provide grain marketing insights.

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