Great Plains See Continued Drought Relief

The wheat complex posted mostly higher trade on Thursday, with some spring wheat months an exception. Chicago SRW wheat was 7 to 9 cents higher on the Thursday session. KC HRW contracts were up 8 to 11 cents across most months at the close. MPLS spring wheat saw mixed trade...

Soybeans saw Thursday gains of as little as ¼ cent to 7 cents in some new crop months. The cmdtyView national average Cash Bean price was up 3 1/2 cents at $9.72. Soymeal futures were up $2.10 to $2.50/ton, as Soy Oil was 23 points higher. Weekly Export Sales data...

Corn price action was mixed on Thursday with most contracts steady to a couple cents higher and nearby, thin July down 5 ¼ cents. Traders were squaring up ahead of USDA’s report on Friday. The front month CmdtyView national average Cash Corn price was unchanged at $3.85 1/4. USDA reported...

Lean hog futures closed the Thursday session with losses of $1 to $1.50. USDA’s national base hog price was reported at $112.43 on Thursday morning, up 53 cents from the day prior. The CME Lean Hog Index was down 29 cents at $107.04 on July 8. Export Sales data showed...

Cotton futures closed out the Thursday session with losses of 5 to 11 points at the final bell. Crude oil is down $1.51 cents/barrel at $66.86, with the US dollar index $0.51 higher to $97.250. USDA Export Sales data showed 75,089 RB of old crop cotton bookings in the week...

Live cattle futures failed to hold into the early gains on Thursday, with beef pressure pushing things 5 to 55 cents lower into the close. Cash trade saw very light $225 Southern action reported early this week, with bids on Thursday at $223-227. A few northern trades were tallied at...

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.16%. September E-mini S&P futures (ESU25 ) are up +0.26%, and September E-mini Nasdaq futures...

At the Chicago Mercantile Exchange, live cattle were mixed, feeders were up waiting on direct business to develop. August live cattle closed $.55 lower at $219.22 and October live cattle closed $.27 lower at $217.07.  August feeder cattle closed $.80 higher at $321.27 and September feeder cattle closed $1.20 higher...

An ag economist is working to build decision tools for specialty crop growers to navigate through extreme climate events. Tor Tolhurst with Michigan State University studies how rare events can shape behavior and impact the economy. “What happens in one place can have broad effects into all of these other...

What’s Wrong With American Sunscreen? | Weather.com

The vice president of the Illinois Corn Growers Association says the recently passed reconciliation package has major wins for agriculture. Mark Bunselmeyer, who farms in Macon County, says the legislation provides certainty on several tax issues. “The estate tax is always something that’s important for transitioning to the next generation.” ...

Sep. corn closed at $3.99 and 1/4, unchangedAug. soybeans closed at $10.12 and 1/2, up 3 and 1/2 centsAug. soybean meal closed at $271.40, up $2.00Aug. soybean oil closed at 53.49, up 20 pointsSep. wheat closed at $5.54 and 1/2, up 7 and 1/2 centsAug. live cattle closed at $219.22,...

Soybeans were modestly higher on short covering and technical buying. Development weather looks largely favorable, with rain in the forecast for parts of the Midwest over the next few days. The USDA is expected to make minimal changes to the supply and demand tables for soybeans in Friday’s report out...

The director of communications for the American Dairy Association Indiana says highlighting the role of dairy helps connect consumers to the state’s ag industry. Brooke Williams says the 36th annual Ice Cream Social on Monument Circle in downtown Indianapolis attracts thousands of attendees.  “We’re very fortunate that we have these...