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A farmer in the Missouri Bootheel says while farmers in some parts of Missouri are replanting due to excessively wet fields, the farmers in his area are replanting due to the excessively dry conditions. Aaron Porter, who raises cotton, corn and soybeans in Stoddard County, tells Brownfield the recent rains have been scattered. “There were The post Missouri Bootheel farmer replanting some crops due to dry conditions appeared first on Brownfield Ag News.     

At the Chicago Mercantile Exchange, live cattle were down ahead of direct business, while feeders were up on the lower move in corn.  June live cattle closed $1.27 lower at $253.27 and August live cattle closed $1.95 lower at $245.30.  August feeder cattle were $2.12 higher at $365.77 and September feeder cattle closed $1.62 higher The post Live cattle lower ahead of widespread direct business appeared first on Brownfield Ag News.     

A new study from North Dakota State University says China’s retaliatory tariffs are causing greater losses for U.S. agricultural exports than the previous trade war. “Almost $15 billion in annualized losses,” says Shawn Arita, the associate director of the Ag Risk Policy Center at NDSU. That compares to more than $10 billion in the 2018-19 The post NDSU study: U.S. ag exports hit hard – China tariffs drive $15 billion in annual losses appeared first on Brownfield Ag News.     

Soybeans were lower on fund and technical selling. Soybeans are watching U.S. planting, expecting generally good progress in many areas. Crush margins remain solid, canceling out some of the demand bearishness attached to slow exports. While there has been some expectation China will ramp up purchases of U.S. beans, likely new crop, no new sales The post Soybeans, corn, wheat decline on risk off sentiment, weather appeared first on Brownfield Ag News.