- September corn $5.9125 up $0.0025

- August soybeans $15.58 down $0.1125

- August soybean meal $481.70 down $7.50

- August soybean oil 65.08 down 12 points

- September Chicago wheat $7.6375 down $0.11

- August live cattle $137.90 up $1.32

- August lean hogs $121.00 up $1.15

Find more agriculture news at: brownfieldagnews.com

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Protecting yield potential each and every growing season helps farmers maximize their return on investment and boost their profitability. 

In this Managing for Profit, Brandy Cullen, soy traits marketing manager at Bayer talks about the role the Roundup Ready Xtend Crop System plays in weed control and helping farmers improve their bottom line.

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Working in and around grain bins is some of the most dangerous work farmers do on their operations.

In this Corn and Soybean Checkoff Connection, Paul Stevenson with Nationwide Insurance talks about prevention and the importance of rescue training.

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Recent rainfalls will provide a boost to Michigan soybean’s crop. But a certified crop advisor says more is needed.

In this episode, Matt Schwab with Helena provides a crop update and some reminders for growers to start thinking about the 2023 growing season.

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Market recap (changes on week):

- September corn up $.11 at $6.07

- December corn up $.09 at $6.09

- September soybeans up $.66 at $14.32

- November soybeans up $.32 at $14.06

- September soybean oil up 5.4 cents at 64.1/cents per lb

- September soybean meal up $13.30 at $429.70

- September wheat up $.11 at $8

Weekly Highlights:

- US weekly ethanol production decreased 13,000 barrels per day last week setting in at just over million barrels per day.

- Export sales on the week were soft- down for soybeans, sorghum, and wheat week over week with cancelations out numbering new sales of soybeans. Corn sales were up from the low volume the week before.

- The quarterly economic data last Thursday showed two consecutive quarters of negative economic growth following Wednesday federal reserve meeting where the federal funds rate was increased another 75 basis points. This brings the short-term interest rate up to 2.25-2.50.

- Open interest fell for corn and soybeans futures and options last week while slightly increasing for Chicago wheats. Managed money accounts are largely holding put trying to understand the significance of the upcoming weather market. Still there were 4,515 less corn positions in their net long and 156 fewer soybean position in their net long.

- US agricultural export inspections were up for corn, soybeans, and grain sorghum, but down for wheat week over week. Mexico was a top two destinations for all four commodities.

- The first cargo load of grain left the Ukraine on Monday. The load of corn leaving the port of Odesa headed for Lebanon is the first since the conflict began 5 months ago. There are 16 more ships ready to embark after being trapped at the port.

- Elsewhere in the world- China’s economic data report shocked traders on Monday showing that the manufacturing sector of China started to contract, housing values continue to fall, and their employment index fell for the fourth straight month. All of this negatively impacts their consumer demand. Lean hogs, soybeans and oil led the commodity sector lower Monday on the news.

- US corn crop conditions stayed steady on the week at 61% good to excellent while the index, which takes into account all ratings, was down by the slimmest of margins. Soybean conditions improved with the good to excellent category picking up 1% at 60%. The soybean condition score was up slightly to 2 points. Most of the improvement was in Illinois.

Find more agriculture news at: brownfieldagnews.com

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We often don’t know what resources we need until we need them for our elders, says Amie Merz, an EAP Consultant with Personal Assistance Services and Farm Family Wellness account manager. In this episode, she talks more about the importance of elder care for farm families.

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- September corn $6.07 down $0.0925

- August soybeans $15.9425 down $0.4275

- August soybean meal $487.00 down $8.30

- August soybean oil 66.23 down 237 points

- September Chicago wheat $8.0025 down $0.075

- August live cattle $136.77 up $0.32

- August lean hogs $120.45 down $0.20

Find more agriculture news at: brownfieldagnews.com

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- September corn $6.1625 up $0.0125

- August soybeans $16.37 up $0.2775

- August soybean meal $495.30 up $5.60

- August soybean oil 68.60 up 276 points

- September Chicago wheat $8.0775 down $0.0925

- August live cattle $136.45 up $0.27

- August lean hogs $120.65 up $1.52

Find more agriculture news at: brownfieldagnews.com

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The opportunities for farmers to impact their profit margins get slimmer every day.

In this episode, Harley Janssen, an Iowa farmer and VP of product development for AGI Digital says data-driven technologies help farmers address high-demand market needs by connecting crops from field to bin.

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