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Soybeans were higher on fund and technical buying, cementing a higher weekly finish. Crop weather continues to generally look favorable, but there are some areas of concern and August is the key month for bean development. While the USDA lowered its yield guess this week, the production estimate was higher, following an upward revision to The post Wheat solidly higher, watching global grain movement appeared first on Brownfield Ag News.
At the Chicago Mercantile Exchange, live and feeder cattle were lower on fund liquidation, waiting for the rest of the week’s direct business to develop. October live cattle closed $1.17 lower at $218.87 and December live cattle closed $1.07 lower at $218.37. September feeder cattle closed $2.65 lower at $334.55 and October feeder cattle closed The post Cattle, hog futures finish the week lower appeared first on Brownfield Ag News.
U.S. grain shippers say two major rail companies have failed to meet minimum standards in their revised application to merge. Soy Transportation Coalition executive director Mike Steenhoek tells Brownfield Union Pacific and Norfolk Southern railroads recently revised their proposals for the Surface Transportation Board. “Will this actually enhance competition?” he says is the question. “There The post Grain groups call for Union Pacific-Norfolk Southern merger to be rejected appeared first on Brownfield Ag News.
Sep. corn $4.59, up 11 centsSep. soybeans $11.77 and 3/4, up 11 and 3/4 centsSep. soybean meal $310.20, up $2.80Sep. soybean oil 69.44, up 65 pointsSep. Chicago wheat $6.74 and 3/4, up 22 centsOct. live cattle $218.87, down $1.17Sep. feeder cattle $334.55, down $2.65Oct. lean hogs $81.75, down 37 centsSep. Class III milk closed at The post Closing Grain and Livestock Futures: August 14, 2026 appeared first on Brownfield Ag News.