Shootin' the Bull about Polar opposites
Swift Trading Company4 minutes ago
Polar opposites in the basis of fats and feeders. In fats, it's $9.00 positive and in the feeders $14.00 negative. How is buying feeder cattle futures at a premium and selling fat futures at a discount profitable? That is exactly what the board represents at the moment.
Cattle futures sharply higher ahead of the week’s direct busines
Brownfield Ag News10 minutes ago
At the Chicago Mercantile Exchange, live and feeder cattle were up sharply, waiting for the week’s direct business to develop. June live cattle closed $2.60 higher at $178.17 and August live closed $2.72 higher at $176.12. August feeder cattle closed $4.32 higher at $255.67 and September feeder cattle closed $4.40...
An estate plan is not a succession plan
Brownfield Ag News26 minutes ago
An attorney specializing in farm succession planning says the families that are the most successful transitioning ownership are business-minded. South Dakota-based Clint Fischer tells Brownfield farm size doesn’t always dictate a farm’s future. “Is this a true business? Do we have entities? Do we have agreements in place? Do we...
Soybean replant expected in southeast Missouri
Brownfield Ag News26 minutes ago
A farmer in southeast Missouri says he’s ready for dry, warm conditions so that he can finish planting his crops. Hudson Byrd says the moisture has been good for corn, but the standing water in fields has drowned some newly emerged soybeans. “We will have to replant, but right now,...
Too soon for earlier maturity seeds
Brownfield Ag News26 minutes ago
An agronomist says it’s too early to switch to earlier maturity seed varieties. Scott Rowntree with Pioneer in Wisconsin tells Brownfield university research shows farmers should stick with their chosen hybrids through at least the 25th of May. “Often, we don’t want to switch to earler-season varieties until we get...
Stabenow: farmers, rural communities need certainty, and a farm bill does that
Brownfield Ag News26 minutes ago
The Chairwoman of the U.S. Senate Ag Committee says finalizing a bipartisan farm bill provides certainty for rural America. Debbie Stabenow told attendees of the Rural Communities in Action Event if farmers are successful, their communities are, too. “We’re strengthening the farm safety net, which is so important, by making...
FARMER Act would strengthen crop insurance
Brownfield Ag News26 minutes ago
New legislation in the U.S. House would strengthen risk management tools for farmers. Minnesota Republican Brad Finstad says the Federal Agriculture Risk Management Enhancement and Resilience, or FARMER Act, increases premium support for higher levels of crop insurance and provides an additional level of protection under the Supplemental Coverage Option...
High Oleic Soybean Oil
Brownfield Ag News26 minutes ago
High oleic soybean oil is just one way to grow demand for Indiana soybeans. Kevin Cox, chairman of the Indiana Soybean Alliance says high oleic soybean oil is a checkoff-sponsored product that is commercially available and being used today. ...