Market News
Hay harvested area expected to decline
Brownfield Ag News3 minutes ago
The USDA is projecting lower hay harvested area in 2024. That’s due to a decline in planted area caused by the ongoing drier than normal conditions in several states. The harvested area estimate for all types of hay is 51.562 million acres, 2% less than 2023, but still considerably more...
Largely dry weather across the Heartland; Seasonally chilly for some, mild for others
Brownfield Ag News19 minutes ago
Across the Corn Belt, cool, dry weather prevails. Freezes were noted Thursday morning throughout the Midwest, with temperatures falling below 10°F in parts of Minnesota and the Dakotas. Snow remains on the ground in much of the upper Midwest, resulting in some rural travel disruptions. In North Dakota, lambing was...
Cotton, rice acres rise
Brownfield Ag News51 minutes ago
The USDA anticipates higher cotton and rice planted area. Upland cotton acres are seen at 10.47 million, up 4% on the year, with static to higher planted area for most states. Acreage for all types of rice is projected at 2.932 million acres, 1% more than a year ago, as...
The 1974 Tornado Super Outbreak's Lessons Learned | Weather.com
Weather Channel1 hour ago
The 1974 Tornado Super Outbreak's Lessons Learned | Weather.com
Weather Buddies: 'Olivia' | Weather.com
Weather Channel1 hour ago
Weather Buddies: 'Olivia' | Weather.com
Weather Words: 'Flattering Friday' | Weather.com
Weather Channel1 hour ago
Weather Words: 'Flattering Friday' | Weather.com
Spring wheat acres top expectations
Brownfield Ag News1 hour ago
The USDA sees an increase in spring wheat acreage. Farmers are expected to plant 11.335 million acres of non-durum spring wheat in 2024, above analysts’ expectations and 1% more than in 2023, with most of that hard red spring. Total wheat acreage is estimated at 47.498 million acres, 4% lower,...
Sorghum acres below last year
Brownfield Ag News1 hour ago
Sorghum acreage is expected to be down this year. The USDA estimated sorghum planted area at 6.394 million acres, 11% less than 2023, but a little bit more than what producers planted in 2022. That year to year drop is largely due to declines in the top production states of...
Midday cash livestock markets
Brownfield Ag News1 hour ago
Direct cash cattle trade has been slow to pick up. Bids have surfaced at $85 live in the South and $297 to $298 dressed in the North. That’s still quite a few dollars from current asking prices, which are around $186-plus live in the South and $300 to $302 dressed...
This Bausch Health Companies Unusually Active Option Is a No-Brainer
Barchart1 hour ago
Bausch Health Companies had the 8th-highest Vol/OI ratio in Wednesday trading. The pharmaceutical company’s unusual options activity suggests it might have more gains ahead.
Corn Rallies Out of Reports
Barchart1 hour ago
Corn futures shot higher after NASS released data near midday. Current prices are working at or near their highs for the day with double digit gains of as much as 17 ¼ cents. NASS data showed corn stocks were counted at 8.347 bbu as pf March 1st, including 5.079 bbu...
Beans Back to Mixed for Midday
Barchart1 hour ago
Soybeans were fading into the reports, before rallying out of the release. Current quotes are back to mixed as the new crop futures are holding fractional to 4 cent gains and old crop prices are back to 2 cents in the red. Midday Soymeal futures are trading $2 in the...
Hogs Pushing Upside into NASS Data
Barchart1 hour ago
Lean hog futures are trading near to 70 cents under the session high for midday wit 40 to 8- cent gains on the board. USDA’s National Average Afternoon Base Hog price was $1.37 weaker to $79.26. The CME Lean Hog Index was $83.69 for 3/25, back up by 21 cents....
Wheat Futures Up Double Digits
Barchart1 hour ago
Midday wheat futures are gaining double digits for midday, with prices ~5 cents off their highs. Chicago is up by as much as 2.9% for midday. KC wheat is gaining 8 to 11 cents so far. Spring wheat futures were slow to join the rally with futures near their highs...