- December corn $6.855 down $0.065

- November soybeans $14.6125 down $0.175

- October soybean meal $454.70 up $3.90

- October soybean oil 67.83 down 76 points

- December Chicago wheat 9.0375 up $0.10

- October live cattle $145.87 down $0.42

- October lean hogs $94.42 down $1.55

Find more agriculture news at: brownfieldagnews.com

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Last week, the U.S. Grains Council led an ethanol trade delegation from Ecuador on a tour of a Minnesota corn farm, ethanol plant, and fuel station. In this episode of the Minnesota Corn Podcast, Marri Tejada, the organization's regional director for Latin America, explains how USGC is increasing demand for ethanol in that country.

Minnesota Corn is proud to support the U.S. Grains Council through the Minnesota Corn check-off. Learn more about corn check-off-funded efforts to develop export markets at mncorn.org/utilization.

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Corn rootworm pressure continues to be a challenge for many farmers across the Corn Belt and it’s something to plan for as farmers start thinking about the 2023 growing season.

In this Managing for Profit, DEKALB Asgrow technical agronomist Nicole Stecklein, who serves northeast Iowa, discusses the latest trait technology for controlling the yield-robbing pest.

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- December corn $6.92 up $0.1375

- November soybeans $14.7875 up $0.175

- October soybean meal $450.80 up $12.60

- October soybean oil 68.59 up 59 points

- December Chicago wheat $8.9375 up $0.6325

- October live cattle $146.30 up $0.57

- October lean hogs $95.97 down $0.50

Find more agriculture news at: brownfieldagnews.com

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Market recap (changes on week):

- December corn down $.18 at $6.78

- November soybeans down $.27 at $14.61

- October soybean oil down 3.18 cents at 65.16 cents/lb

- October soybean meal down $1.60 at $438.20/short ton

- December wheat down $.28 at $8.30

- July wheat down $.25 at $8.50

Weekly highlights:

- Ethanol production decreased nearly 8 million gallons last week- down 6% from the same week last year. US gasoline demand fell by 10 million gallons last week and remains 12% below the same week last year.

- USDA’s weekly export sales reports returned last week after 4 weeks down due to technical issues. Reported weekly sales totals released for the first 8 days of the marketing year weren’t flashy.

- The National Oilseed Processor Association reported their members crushed 165.5 million bushels of soybean ins August- down from July and pre-report expectations.

- Open interest futures and options positions of Chicago wheat were flat on the week, corn and soybeans were down 4% and 7%, respectively. Managed money positions decreased 4,893 positions for Chicago wheat but increased 12,498 positions for soybeans and 14,164 positions for corn.

- US weekly export inspections were up week over week for corn, soybeans, and wheat but down week over week for grain sorghum. All were within pre-report trade expectations.

- 40% of the US corn crop is rated mature and 7% harvested so far. The national corn conditions rating was down 1% again this week to 52% good to excellent.

- 3% of the US soybean crop is harvested- just slightly below the 5% normal pace. The national soybean condition rating also declined 1% again this week to 55% good to excellent.

Find more agriculture news at: brownfieldagnews.com

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IL Corn checkoff investments are helping build upgraded locks and dams on the Illinois and Mississippi rivers. This week, IL Corn’s managing director Jim Tarmann shares the financial impact and efficiency gains Illinois corn farmers will see when the new locks are operational and highlights other water infrastructure projects on the horizon.

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Developing new opportunities for corn and soy products helps farmers add value to their crop.

In this episode, Ben Forsythe, director of sustainability and value creation for Indiana Corn Marketing Council and the Indiana Soybean Alliance talks about the importance of innovation.

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Research manager Kristin Poley with the Corn Marketing Program of Michigan tells Brownfield corn farmers are investing in agronomic research to find solutions for today.

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Kyle Markley was nominated as a Beck’s Player with Heart for his efforts on and off the field. His favorite part about high school sports is getting to play ball in front of the whole town. Agriculture is Kyle’s passion and the only way he wants to live. He loves operating equipment, working cattle, and doing all the other jobs around the farm. Kyle is involved in football and FFA. He loves showing cattle and teaching others about agriculture. After graduation, Kyle would like to get his CDL and purchase a dairy farm or ranch in the future. 

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Madisyn Henderson was nominated as a Beck’s Player with Heart for her efforts on and off the court. Her favorite part about high school sports is being able to represent her school and share her passion and love for the game with her teammates. Agriculture is important to Madisyn because she feels it is central to everyone’s lives. She has found many opportunities in agriculture to gain knowledge and leadership and communication skills. Madisyn is involved in volleyball, National Honor Society, Key Club, Student Athlete Leadership Team, FFA, 4-H, and link crew, and many community activities. She also started an Agriculture Literacy Program at her local grade schools. After graduation, Madisyn plans on attending Iowa State University for a degree in agricultural business or agricultural communications and education. She would love to share her passion for agriculture with others. 

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