The U.S. Trade Ambassador during President Trump’s first term says the U.S. must address a significant trade deficit with Mexico during the renegotiation of the U.S. Mexico Canada Agreement. Former Ambassador Robert Lighthizer says the U.S. trade deficit with Mexico exceeds $170 billion. “We have a
Chicago Mercantile Exchange live and feeder cattle futures were lower, with most months down sharply, pressured by the week’s drop in direct cash prices. August live cattle were down $2.65 at $224.42 and October was $2.57 lower at $220.70. August feeders were $.65 lower at $345.95 and September was
Sep. corn $4.44 and 3/4, up 3 and 1/4 centsAug. soybeans $12.04 and 1/2, up 9 and 1/2 centsAug. soybean meal $320.20, down $2.70Aug. soybean oil 74.81, up 238 pointsSep. Chicago wheat $6.82 and 3/4, up 8 centsAug. live cattle $224.42, down $2.65Aug. feeder cattle $345.95, down 65 centsAug. lean hogs
A Michigan food safety official says lessons learned from the multistate Cyclosporiasis outbreak will likely shape future food safety protocols. Michigan Department of Agriculture & Rural Development Retail Food Program Manager Emily Hollingsworth tells Brownfield, “Frankly, an outbreak of this magn
An ag economist says feeder cattle margins are expected to tighten heading into 2027. Michael Langemeier with Purdue University says rising input costs are impacting profitability. “It really depends on whether fed cattle prices match the high breakevens,” he says. “Right now, we’re looking at a bre
Cash dairy prices were mostly up Friday to end the week at the Chicago Mercantile Exchange. Dry whey was unchanged at $0.6950. No sales were recorded. Forty-pound cheese blocks were up $0.0275 to $1.6275. One sale was recorded at $1.62. Cheese barrels were up $0.010 to $1.6125. Four sales were repor
The senior dairy analyst with Terrain says consumer demand for protein is helping drive market opportunities for dairy producers. Ben Lane says favorable margins and additional revenue streams are helping keep producers afloat. “Feed is still relatively affordable,” he says. “We also have the added
Cash cattle country is off to a slow start Friday with no bids or asking prices renewed. Over the past three days, a light trade has been reported in most areas. Northern dressed business had a range of $370 to $385, $12 to $15 lower than the previous week. Southern live deals have been at […] The p
A trade specialist believes trade between the U.S. and China will continue to decline. Dr. Sam Gregg with the American Institute for Economic Research says U.S. agriculture has benefitted from trade with China, but the relationship took a turn in 2012. “A very different economic approach, the state
Across the Corn Belt, thick smoke from wildfires in Canada and northern Minnesota blankets an area from the Great Lakes region into the Ohio Valley. Scattered showers & thunderstorms have begun to develop across the upper Great Lakes region, with convective activity expected more broadly later Frida
Flash flooding in south-central Texas and environs should subside as rain ends on Friday, although river flooding may persist for a few days as water drains toward the Texas Gulf Coast. Meanwhile, an active monsoon circulation will lead to 5-day rainfall totals of 1 to 3 inches or more from the Four
Looking ahead, the 6- to 10-day outlook calls for near- or above-normal temperatures nationwide, except for cooler-than-normal conditions in the Great Lakes and Northeastern States. Meanwhile, near- or above-normal precipitation should occur nearly nationwide, except in parts of the south-central U.
Arlan Suderman, the chief commodities economist with StoneX Group, says demand driven factors are creating rallies that could give farmers more marketing opportunities. Hear more in the latest Managing for Profit. The post Demand-driven grain rallies offer farmers chances to boost marketing returns
Some blueberry growers are concerned approving the U.S. Highbush Blueberry Council’s five-year referendum could lead to a doubling of their assessment. Michigan Blueberry Advisory Committee President Chad Reenders tells Brownfield the referendum this month gives growers one of the last opportunities
A market analyst is encouraged by recent steps by the U.S. and China to ease trade tensions. U.S. Commodities president Don Roose says both countries seem ready to roll back tariffs. “The U.S. is looking to take off the 10 percent tariffs against fentanyl with China, at the same time China is lookin
The American Dairy Association Indiana’s Ice Cream Social on Monument Circle is giving consumers a closer look at the state’s dairy industry. Jenni Browning, CEO of ADAI, says the 37th annual event attracts thousands of attendees to downtown Indianapolis each year. “Our goal is really to protect and
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