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Headlines
John Perkins - Brownfield - 24 mins ago
Soybeans were mostly lower on spread adjustments after an up and down session, with nearby months up and deferred contracts down. Mexico bought 285,000 tons of new crop beans Monday and there’s more talk of interest from China. Still, only about... (full story)
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Meghan Grebner - Brownfield - 26 mins ago
The coronavirus outbreak has a lot of consumers stocking up at the grocery store and leaving meat cases empty. University of Arkansas ag economist John Anderson says while that’s provided an immediate boost to the markets, panic buying is not the... (full story)
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Ken Anderson - Brownfield - 30 mins ago
Nebraska cattle industry leader Mike Drinnin says cattle producers need to “take back” their industry. “Because this is our business. It’s not anybody else’s,” Drinnin says. “It’s not the packing industry’s. It’s not the retailer’s. It’s not... (full story)
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AGWEB - 1 hr 19 mins ago
As the calendar flips to April this week, farmers have their sights set on planting. However, after consecutive weeks of soggy conditions- and a soil moisture profile that’s blatantly full in much of the Midwest - weather could be an obstacle again... (full story)
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Ken Anderson - Brownfield - 1 hr 34 mins ago
A district court judge in Montana has turned down a request by cattle group R-CALF for an injunction to stop 15 state beef councils from collecting checkoff dollars. It’s a legal battle that has spanned more than three years. There were... (full story)
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Larry Lee - Brownfield - 1 hr 42 mins ago
U.S. meat processors are taking additional precautions for their employees because of the coronavirus. Tyson Foods and Cargill issued statements saying they now conduct temperature testing of employees, along with implementing additional travel... (full story)
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AGWEB - 2 hrs 2 mins ago
Sign up for your FREE two week trial of our daily commodity reports! or Email Oliver with questions/comments: Oliver@BlueLineFutures.com Sign up for your FREE two week trial of our daily commodity reports! or Email... (full story)
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Amie Simpson - Brownfield - 2 hrs 12 mins ago
Two Farm Bureau member families in Indiana are adjusting their business models to meet demand for protein that can’t be found on some grocery shelves due to the coronavirus pandemic. Mike and Sarah Hertsel raise purebred Berkshire hogs in Elkhart... (full story)
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AGWEB - 2 hrs 21 mins ago
After years of planning, sketching, discussing and finally quoting prices, Dennis Ivers and his family finally built their “dream” shop. The third-generation corn and soybean farmer and his brother had ‘made do’ with the old shop long enough and four... (full story)
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Amie Simpson - Brownfield - 2 hrs 26 mins ago
The Federal Communications Commission is granting access to spectrum in nearly 30 states to help rural communities address broadband needs during the coronavirus pandemic. The FCC’s Special Temporary Authority allows 33 wireless internet service... (full story)
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 Michael Seery - InsideFutures.com - 2 hrs 27 mins ago
Stay short (full story)
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 Jerry Welch - InsideFutures.com - 2 hrs 32 mins ago
In the critter complex this morning.... (full story)
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AGWEB - 2 hrs 32 mins ago
Joe does his best to equate grain marketing to a famous book on investing. "The Intelligent Investor" was written by Benjamin Graham in 1949. In the book, Graham has the reader imagine that he owns a business along with a partner, Mr. Market. Mr.... (full story)
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AGWEB - 2 hrs 36 mins ago
U.S. meat and poultry production increased an estimated 10% during the week ending March 28, according to the Livestock Marketing Information Center (LMIC). Over the past four weeks, combined production of beef, pork, chicken and turkey was up 8.5%... (full story)
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Shannon Yokley - Brownfield - Mon Mar 30, 12:11PM CDT
... (full story)
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Meghan Grebner - Brownfield - Mon Mar 30, 12:00PM CDT
Direct cash cattle trade activity is off to a quiet start to the week. Bids and asking prices have yet to be established. With the drastic pullback in the futures prices, it wouldn’t be surprising for significant business to hold out until the... (full story)
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Larry Lee - Brownfield - Mon Mar 30, 11:54AM CDT
The coronavirus has Wisconsin’s Ag Department keeping a close watch on labor, especially in the meat animal supply chain. Assistant Deputy Ag Secretary Angela James told the state ag board Friday, “We have a lot of animals in the state, and... (full story)
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Julie Harker - Brownfield - Mon Mar 30, 11:51AM CDT
The USDA’s prospective plantings report Tuesday could be off the mark, like last year when weather played a huge role in actual acres planted. Lance Honig with the Ag Statistics Service (NASS) says, like every year, a lot can change, “We know... (full story)
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AGWEB - Mon Mar 30, 11:43AM CDT
Papua New Guinea reported its first outbreak of African swine fever (ASF) on Monday. Government officials confirmed that more than 300 pigs have died in the country’s highlands from this deadly virus that affects pigs only, reports ABC News... (full story)
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Mark Dorenkamp - Brownfield - Mon Mar 30, 11:43AM CDT
An agronomist who specializes in soybean production sees room for improvement. Seth Naeve with the University of Minnesota says he’s very pro-soybean, but even more pro-farmer. He tells Brownfield farmers in a corn/soybean rotation need to... (full story)
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Julie Harker - Brownfield - Mon Mar 30, 11:39AM CDT
The USDA’s Risk Management Agency has loosened deadlines and other restrictions to help producers amid the coronavirus outbreak. RMA is working with Approved Insurance Providers to give farmers more time to submit production reports and more... (full story)
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BRUG - Mon Mar 30, 11:35AM CDT
Corn futures are down by as much as a nickel at midday, with May contracts the weakest so far. EPA has delayed the mandatory spring switchover to lower volatility gasoline, in order to use up excess stocks of winter gas. They also have delayed implem... (full story)
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BRUG - Mon Mar 30, 11:35AM CDT
Wheat futures are down after the weekend break with Chicago leading the decline. CBOT wheat is down 7 1/2 cents so far. HRW wheat futures are 6 1/4 cents weaker at midday, and May MPLS wheat is 5 1/2 cents lower. USDA updated its weekly Export Inspec... (full story)
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BRUG - Mon Mar 30, 11:35AM CDT
Front month cattle futures start the new week moving in both directions, April and July contracts are higher by as much as 37 cents, while August futures are down by 17 so far. Feeder cattle futures have expanded limits but aren’t using them. They ... (full story)
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BRUG - Mon Mar 30, 11:35AM CDT
Lean hog futures are down by $1.70 to $3.07 at midday; the front months have expanded limits of $4.50 today. The CME Fresh Bacon Index from 03/27 was $15.74 lower wk/wk to $98.80 cwt. That is $87.74 cwt. (-47%) below the same week from 2019. The CME ... (full story)
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BRUG - Mon Mar 30, 11:35AM CDT
Down 42 to 214 points in the front months, cotton futures start the new week with more losses. May cotton futures were 249 points lower last week. Global governments continue to restrict movement and urge that retail purchases focus on food and medic... (full story)
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BRUG - Mon Mar 30, 11:35AM CDT
Corn futures are down by as much as a nickel at midday, with May contracts the weakest so far. EPA has delayed the mandatory spring switchover to lower volatility gasoline, in order to use up excess stocks of winter gas. They also have delayed implem... (full story)
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BRUG - Mon Mar 30, 11:35AM CDT
Soybeans are trading fractionally in both directions on Monday after shedding early session gains. The front months are up a 1/4 cent, Sept is down 1/2 cent and Aug contracts are UNCH so far. Soybean meal futures are showing a $1.50/ton midday gain. ... (full story)
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 Erik Bregar - InsideFutures.com - Mon Mar 30, 11:29AM CDT
Crude oil markets bearing the brunt of these fears. May WTI -6%. USDCAD regains 1.41s. Three-month EURUSD and USDJPY cross currency swap pricing otherwise steady. Bank of Canadas emergency measures do nothing to help damaged USDCAD technicals. EURUSD slumps after 1.1140s buyer failure. Large... (full story)
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Shannon Yokley - Brownfield - Mon Mar 30, 11:21AM CDT
Throughout this growing season, The Growing Matters coalition will be discussing stewardship best practices as part of the BeSure! campaign. The coalition is reminding farmers and applicators to follow best management practices when using neonic... (full story)
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Mark Dorenkamp - Brownfield - Mon Mar 30, 11:21AM CDT
An analyst says the COVID-19 pandemic is not the only global calamity impacting markets. Ed Usset with the University of Minnesota tells Brownfield swarms of locusts are overwhelming parts of Africa and Asia. “Locusts can do a lot of... (full story)
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Julie Harker - Brownfield - Mon Mar 30, 11:12AM CDT
The president of the Missouri Corn Growers Association says he’s concerned about growers getting what they need to plant amid the coronavirus outbreak. Mike Moreland tells Brownfield Ag News, “We’re worried right now with planting coming up on... (full story)
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John Perkins - Brownfield - Mon Mar 30, 11:07AM CDT
The USDA says corn and sorghum export inspections for the week ending March 26th were above what’s needed to meet projections for the current marketing year. The 2019/20 marketing year started June 1st for wheat and September 1st for corn,... (full story)
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AGWEB - Mon Mar 30, 11:05AM CDT
Building trust in food begins with empowering farmers through one of the largest and most diverse conservation- and sustainability-focused public-private partnerships in our nation’s history: America’s Conservation Ag Movement. To find the latest... (full story)
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 Chris Vermeulen - InsideFutures.com - Mon Mar 30, 10:47AM CDT
I contribute 100% of my trading success and lifestyle to the fact that I embraced technical analysis, where my strategy involves nothing more than price movement, position-sizing, and trade risk management techniques. (full story)
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 Jack Scoville - InsideFutures.com - 2 hrs 57 mins ago
DJ Survey: 2020 U.S. Grain, Soybean Planting CHICAGO–The following are analysts’ estimates, in millions of acres, for U.S. grain and soybean planting, as compiled [...] (full story)
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 Jack Scoville - InsideFutures.com - Mon Mar 30, 11:40AM CDT
COTTON General Comments Cotton was lower Gain last week and made new lows for the move on the weekly continuation charts. Much of the [...] (full story)
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AGWEB - Mon Mar 30, 10:36AM CDT
Source: National Farm Medicine Center, Marshfield Clinic Research Institute, Marshfield, Wis. Many farm families rely on off-farm jobs for health insurance, and the sudden layoffs and furloughs might mean that farm... (full story)
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 Chris Vermeulen - InsideFutures.com - Mon Mar 30, 10:27AM CDT
...we believe a similar pattern is setting up again in the current market. (full story)
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Rhiannon Branch - Brownfield - Mon Mar 30, 10:18AM CDT
A US Wheat Associates representative says there have been several headlines of good news for wheat growers the past couple of weeks. Steve Mercer tells Brownfield ironically, much of the good news is from actions by China, where the coronavirus... (full story)
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 Michael Seery - InsideFutures.com - Mon Mar 30, 10:18AM CDT
Stay short (full story)
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 Michael Seery - InsideFutures.com - Mon Mar 30, 10:17AM CDT
No reason to buy (full story)
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Shannon Yokley - Brownfield - Mon Mar 30, 9:50AM CDT
As the 2020 growing season approaches, its important farmers have a solid plan for managing weeds. WinField United agronomist Mark Glady is concerned a lack of snow might give some weeds a jump start, so he’s recommending a spring burndown... (full story)
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 Gregor Horvat - InsideFutures.com - Mon Mar 30, 9:47AM CDT
EURGBP made a five-wave recovery from February lows of this year, and later found a top at the 0.9499 level. (full story)
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Amie Simpson - Brownfield - Mon Mar 30, 9:41AM CDT
The US State Department has announced it will continue to process H-2A cases as permitted by post resources and local government restrictions. Secretary of State Mike Pompeo has authorized consular officers to expand H-2A visa applicants whose... (full story)
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