Sep. corn closed at $3.89 and 1/4, down 4 and 1/2 centsAug. soybeans closed at $9.81 and 3/4, down 7 centsAug. soybean meal closed at $261.70, down $3.20Aug. soybean oil closed at 57.54, up 99 pointsSep. wheat closed at $5.29 and 3/4, down 8 and 3/4 centsAug. live cattle closed...
Darin Newsom of Barchart discusses current grain market weakness due to strong yields and limited fund interest, while highlighting a concerning divergence in the cattle market that could lead to a "volatile top."
A north central Kansas farmer says a strong cattle market is helping offset lower corn and soybean prices. Mike Musselman says he sold calves earlier than normal this year. “It was a very good decision.” He tells Brownfield row crop margins have been extremely tight. “The grain markets have really...
The U.S. Department of Energy says it has terminated a $4.9 billion loan guarantee for the Grain Belt Express. The DOE says the conditions necessary to issue the loan guarantee for the energy project are unlikely to be met and it’s not critical for the federal government to support. Some...
An extension ag economist says a wait-and-see approach to grain marketing isn’t always a bad thing. “It really depends on the structure of the farm and the farmer.” Chad Hart with Iowa State University says the strategy can work if farmers can store the crop into next winter or spring,...