 The USDA extended the public comment period for its controversial reorganization plan to September 30. Reports say, that doubles the length of time provided for input on an initiative that has drawn criticism from both Democrats and Republicans since it was unveiled last month. The agency originally released the plan for public comment on July 24 for a period of 30 days. A department webpage that earlier listed the deadline as August 31 now says September 30. 

A USDA spokesperson said the additional days in the comment period are to ensure everyone who wants to submit feedback can do so. Lawmakers from both sides of the aisle criticized USDA over its rollout of the plan, which calls for relocating much of its Washington-area workforce to five regional hubs across the country. Senate Democrats sent a letter urging Ag Secretary Brooke Rollins to extend the comment period by at least 60 days.

The USDA extended the public comment period for its controversial reorganization plan to September 30. Reports say, that doubles the length of time provided for input on an initiative that has drawn criticism from both Democrats and Republicans since it was unveiled last month. The agency originally released the plan for public comment on July 24 for a period of 30 days. A department webpage that earlier listed the deadline as August 31 now says September 30. A USDA spokesperson said the additional days in the comment period are to ensure everyone who wants to submit feedback can do so. Lawmakers from both sides of the aisle criticized USDA over its rollout of the plan, which calls for relocating much of its Washington-area workforce to five regional hubs across the country. Senate Democrats sent a letter urging Ag Secretary Brooke Rollins to extend the comment period by at least 60 days.-NAFB

USDA extends reorganization public comment deadline to September 30

The National Pork Board has named David Newman the organization’s new CEO. Newman was recently the NPB’s senior vice president of market growth. “After a thorough and thoughtful nationwide executive search process, we have found an exceptional and dedicated leader in agriculture to take the organization representing America’s nearly 60,000 pork producers into the future,” said Gordon Spronk, President of the NPB. 

“David has proven himself to be leadership-oriented, producer-focused, and outcomes-driven when it comes to ensuring the pork industry is addressing the challenges and opportunities ahead of us.” Newman received a doctorate in meat and animal science from North Dakota State University. “It’s a privilege to work for and on behalf of pork producers,” Newman said. “We make a flavorful, nutritious product that’s beloved by millions of people across the globe.” He also said that the checkoff is doing a lot of work to drive demand from new consumers. 

The National Pork Board has named David Newman the organization’s new CEO. Newman was recently the NPB’s senior vice president of market growth. “After a thorough and thoughtful nationwide executive search process, we have found an exceptional and dedicated leader in agriculture to take the organization representing America’s nearly 60,000 pork producers into the future,” said Gordon Spronk, President of the NPB. “David has proven himself to be leadership-oriented, producer-focused, and outcomes-driven when it comes to ensuring the pork industry is addressing the challenges and opportunities ahead of us.” Newman received a doctorate in meat and animal science from North Dakota State University. “It’s a privilege to work for and on behalf of pork producers,” Newman said. “We make a flavorful, nutritious product that’s beloved by millions of people across the globe.” He also said that the checkoff is doing a lot of work to drive demand from new consumers. -NAFB

National Pork Board chooses a new CEO

December corn closed down 5 cents and March corn was down 4 3/4 cents. November soybeans closed down 9 1/2 cents and January soybeans were down 9 1/2 cents. December KC wheat closed down 1 cent, December Chicago wheat was down 6 1/4 cents, December Minneapolis wheat was down 1 1/4 cents.

U.S. crop prices were under pressure again Wednesday following a prominent advisory firm unveiling the results of their August yield survey, similar to USDA and others which found corn and soybean yields both above trend. Despite a challenging August for weather in some areas and declining crop conditions in Tuesday's update from USDA, traders are currently seeing very little supply risk as 2025 harvest grows nearer each day. Outside markets on Wednesday were mixed, with equities again on the retreat from last week's highs ahead of what is typically a tough month of September. Meanwhile, energy markets were lower on rumors of another OPEC+ production increase coming in October, which weighed on soybean oil prices which headed to their sixth loss in the past seven sessions.

Live cattle futures moved lower during the session on Wednesday, although compared to the rest of the livestock market, the live cattle complex seemed to be hold the best of all markets. October futures were leading the downward shift in morning losses, but it is important to remember that just because prices are not continuing the aggressive rocket-like shift higher, this does not mean that the market is at or near its top. As of last week, traders continue to maintain a strong net long position in the cattle market in general, and specifically live cattle futures point to continued optimism and positive expectations for price levels in the days and weeks to come. More focus is shifting to the ability to continue to move wholesale and retail beef levels and maintain current or higher price levels now that the summer grilling season is wrapping up. Cash cattle activity has been sluggish once again, with a slow start to the day; bids and asking prices are not established.

Feeder cattle futures lead the market lower midweek, with triple-digit losses seen in all nearby and most deferred contract months. October futures posted the most aggressive pressure with prices over $2 per cwt lower at times during morning trade. The combination of widespread pressure in most ag markets and most commodity markets Wednesday is causing buyer apathy at this point. It is important to remember that a down day in the market does not indicate a lower-moving market in general, as the tone of the market still remains extremely aggressive with prices near all-time highs. Although it is never comfortable to watch, light to moderate corrections within a market are part of a healthy moving market, and many times are needed in order to draw additional buyers to the market over the coming days and weeks. Cash markets remain active with the USDA National feeder cattle summary released Tuesday reporting steers and heifers selling 5.00 to 10.00 higher compared to the previous week.

Lean hog futures were under pressure Wednesday, with outside market softness becoming a larger focus midweek in the hog complex. October futures continued to lead the market lower with triple-digit losses as traders continue to adjust to the current market shifts, with a portion becoming more aggressive in rolling to the December contracts. Even though prices have fluctuated over the past few weeks, and uncertainty about long-term export demand remains a significant concern, prices are still well above the 40-day moving average, which is helping add technical support to the entire complex.

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By: NATHAN STUEDLEGRAINS:December corn closed down 5 cents and March corn was down 4 3/4 cents. November soybeans closed down 9 1/2 cents and January soybeans were down 9 1/2 cents. December KC wheat closed down 1 cent, December Chicago wheat was down 6 1/4 cents, December Minneapolis wheat was down 1 1/4 cents.U.S. crop prices were under pressure again Wednesday following a prominent advisory firm unveiling the results of their August yield survey, similar to USDA and others which found corn and soybean yields both above trend. Despite a challenging August for weather in some areas and declining crop conditions in Tuesday's update from USDA, traders are currently seeing very little supply risk as 2025 harvest grows nearer each day. Outside markets on Wednesday were mixed, with equities again on the retreat from last week's highs ahead of what is typically a tough month of September. Meanwhile, energy markets were lower on rumors of another OPEC+ production increase coming in October, which weighed on soybean oil prices which headed to their sixth loss in the past seven sessions.LIVESTOCK:Live cattle futures moved lower during the session on Wednesday, although compared to the rest of the livestock market, the live cattle complex seemed to be hold the best of all markets. October futures were leading the downward shift in morning losses, but it is important to remember that just because prices are not continuing the aggressive rocket-like shift higher, this does not mean that the market is at or near its top. As of last week, traders continue to maintain a strong net long position in the cattle market in general, and specifically live cattle futures point to continued optimism and positive expectations for price levels in the days and weeks to come. More focus is shifting to the ability to continue to move wholesale and retail beef levels and maintain current or higher price levels now that the summer grilling season is wrapping up. Cash cattle activity has been sluggish once again, with a slow start to the day; bids and asking prices are not established.Feeder cattle futures lead the market lower midweek, with triple-digit losses seen in all nearby and most deferred contract months. October futures posted the most aggressive pressure with prices over $2 per cwt lower at times during morning trade. The combination of widespread pressure in most ag markets and most commodity markets Wednesday is causing buyer apathy at this point. It is important to remember that a down day in the market does not indicate a lower-moving market in general, as the tone of the market still remains extremely aggressive with prices near all-time highs. Although it is never comfortable to watch, light to moderate corrections within a market are part of a healthy moving market, and many times are needed in order to draw additional buyers to the market over the coming days and weeks. Cash markets remain active with the USDA National feeder cattle summary released Tuesday reporting steers and heifers selling 5.00 to 10.00 higher compared to the previous week. Lean hog futures were under pressure Wednesday, with outside market softness becoming a larger focus midweek in the hog complex. October futures continued to lead the market lower with triple-digit losses as traders continue to adjust to the current market shifts, with a portion becoming more aggressive in rolling to the December contracts. Even though prices have fluctuated over the past few weeks, and uncertainty about long-term export demand remains a significant concern, prices are still well above the 40-day moving average, which is helping add technical support to the entire complex.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/09/03143843/web-closing-markets.mp3">Click HERE for audio</a>

Commodity markets daily recap

Farmer sentiment dipped for the third straight month in August. The Purdue University/CME Group Ag Economy Barometer dropped 10 points to 125. Producers expressed less optimism about the future, as reflected in the Index of Future Expectations, which fell 16 points to 123. That’s the lowest reading for the futures index since last September. Producers’ perspectives on current conditions changed little during the month, with the Current Conditions Index rising two points from July to 129 in August. 

Sentiment differed greatly among producers according to whether their operations relied mostly on crops or livestock. Crop producers responded to the survey with much less optimism than their livestock counterparts, reflecting the profitability disparity between the two enterprises. Beef cattle operations, in particular, are experiencing record profitability, thanks in part to the smallest cattle inventory since 1951. This stands in sharp contrast to the returns for crop production, which have weakened significantly in 2025. 

Farmer sentiment dipped for the third straight month in August. The Purdue University/CME Group Ag Economy Barometer dropped 10 points to 125. Producers expressed less optimism about the future, as reflected in the Index of Future Expectations, which fell 16 points to 123. That’s the lowest reading for the futures index since last September. Producers’ perspectives on current conditions changed little during the month, with the Current Conditions Index rising two points from July to 129 in August. Sentiment differed greatly among producers according to whether their operations relied mostly on crops or livestock. Crop producers responded to the survey with much less optimism than their livestock counterparts, reflecting the profitability disparity between the two enterprises. Beef cattle operations, in particular, are experiencing record profitability, thanks in part to the smallest cattle inventory since 1951. This stands in sharp contrast to the returns for crop production, which have weakened significantly in 2025. -NAFB

Farmer sentiment falls further in August

The U.S. ag trade deficit hit a record high in the first half of this year. Bloomberg said the value of agricultural exports trailed that of imports by $4.1 billion in June, a gap 14 percent wider than a year earlier. USDA data says that pushed the ag sector’s deficit to a staggering $28.6 billion for the first six months of this year. Reports say the trade deficit is one of the main reasons President Trump gave for imposing tariffs and working on new trade deals. 

Former USDA chief economist Joe Glauber said that the trade imbalance shouldn’t be this alarming because of what’s under the surface. He said it’s important to keep in mind that America imports a lot of commodities it can’t produce domestically. The USDA numbers show that Mexico and Canada will remain the top two U.S. ag export markets, followed by the EU, Japan, and China.

The U.S. ag trade deficit hit a record high in the first half of this year. Bloomberg said the value of agricultural exports trailed that of imports by $4.1 billion in June, a gap 14 percent wider than a year earlier. USDA data says that pushed the ag sector’s deficit to a staggering $28.6 billion for the first six months of this year. Reports say the trade deficit is one of the main reasons President Trump gave for imposing tariffs and working on new trade deals. Former USDA chief economist Joe Glauber said that the trade imbalance shouldn’t be this alarming because of what’s under the surface. He said it’s important to keep in mind that America imports a lot of commodities it can’t produce domestically. The USDA numbers show that Mexico and Canada will remain the top two U.S. ag export markets, followed by the EU, Japan, and China.-NAFB

Ag trade deficit hits all-time high in 2025

December corn closed up 2 3/4 cents and March corn was up 3 cents. November soybeans closed down 13 1/2 cents and January soybeans were down 13 cents. December KC wheat closed down 8 1/2 cents, December Chicago wheat was down 6 cents, December Minneapolis wheat was down 5 3/4 cents.

Ag markets began the new week, the new month, and new marketing year for corn and soybeans with a lower session, driven primarily by a sharp selloff in soybeans after last week's trade meetings in Washington between Chinese negotiator Li Chenggang and U.S. officials concluded with no deal (although this was always unlikely). There are plans to hold another round of talks prior to the tariff truce extensions cutoff in November. Meanwhile, wheat futures crashed Tuesday as well as world production forecasts for 2025 continue to rise. Outside markets Tuesday saw U.S. equities move firmly lower as September has a tendency to be a bearish month for stocks historically. Energy markets were higher with NYMEX crude oil futures trading among their highest price in just under a month.

Live cattle futures continued to march higher with moderate to active buying redeveloping Tuesday morning when traders returned to the complex following the long weekend and set course for September. October futures moved to new contract highs once again, with prices breaking through the $240 per cwt price threshold, only to give way by the closing bell to finish no better than mixed. The continued support in futures trade remains solid despite a pullback in beef values in the morning report. Traders still remain bullish on cattle long term, as there seems to be very little resistance in both wholesale and retail beef markets, which would significantly curb this market optimism at this point.

Feeder cattle futures continued to lead the livestock and cattle complex higher through the bulk of the session, with triple digits seen in spot September contracts at midday after a strong start of the week and month through the morning activity. Traders continue to focus on not only the current market direction, but the fact that cattle traders remain holding a strong long position in cattle contracts indicates that traders are looking for the bullish run across the cattle industry to continue gains seen through the entire feeder cattle complex. Support waned into the closing bell, with only the deferred contracts finishing in the green. The lack of buyer pressure in the cattle market in general, and specifically the feeder cattle futures, has markets pushing even higher with very little resistance currently seen.

Lean hog futures posted positive market shifts in nearby contracts Tuesday, although the momentum and intensity of active cattle market gains have still limited buyer support across the entire lean hog complex. December contracts continue to lead the hog market higher, as traders continue to bounce back from moderate pressure over the past few weeks. Hog Prices were unreported due to confidentiality on the Daily Direct Morning Hog report.

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By: NATHAN STUEDLEGRAINS:December corn closed up 2 3/4 cents and March corn was up 3 cents. November soybeans closed down 13 1/2 cents and January soybeans were down 13 cents. December KC wheat closed down 8 1/2 cents, December Chicago wheat was down 6 cents, December Minneapolis wheat was down 5 3/4 cents.Ag markets began the new week, the new month, and new marketing year for corn and soybeans with a lower session, driven primarily by a sharp selloff in soybeans after last week's trade meetings in Washington between Chinese negotiator Li Chenggang and U.S. officials concluded with no deal (although this was always unlikely). There are plans to hold another round of talks prior to the tariff truce extensions cutoff in November. Meanwhile, wheat futures crashed Tuesday as well as world production forecasts for 2025 continue to rise. Outside markets Tuesday saw U.S. equities move firmly lower as September has a tendency to be a bearish month for stocks historically. Energy markets were higher with NYMEX crude oil futures trading among their highest price in just under a month.LIVESTOCK:Live cattle futures continued to march higher with moderate to active buying redeveloping Tuesday morning when traders returned to the complex following the long weekend and set course for September. October futures moved to new contract highs once again, with prices breaking through the $240 per cwt price threshold, only to give way by the closing bell to finish no better than mixed. The continued support in futures trade remains solid despite a pullback in beef values in the morning report. Traders still remain bullish on cattle long term, as there seems to be very little resistance in both wholesale and retail beef markets, which would significantly curb this market optimism at this point.Feeder cattle futures continued to lead the livestock and cattle complex higher through the bulk of the session, with triple digits seen in spot September contracts at midday after a strong start of the week and month through the morning activity. Traders continue to focus on not only the current market direction, but the fact that cattle traders remain holding a strong long position in cattle contracts indicates that traders are looking for the bullish run across the cattle industry to continue gains seen through the entire feeder cattle complex. Support waned into the closing bell, with only the deferred contracts finishing in the green. The lack of buyer pressure in the cattle market in general, and specifically the feeder cattle futures, has markets pushing even higher with very little resistance currently seen. Lean hog futures posted positive market shifts in nearby contracts Tuesday, although the momentum and intensity of active cattle market gains have still limited buyer support across the entire lean hog complex. December contracts continue to lead the hog market higher, as traders continue to bounce back from moderate pressure over the past few weeks. Hog Prices were unreported due to confidentiality on the Daily Direct Morning Hog report. <a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/09/02135305/30001-230-markets.mp3">Click HERE for audio</a>

From disease to drought, the 2025 crop has been thrown a curveball late in the season. It’s also pushing the crop to maturity quicker. And with USDA currently projecting a record yield and crop, many analysts say the U.S. crop is likely going backwards in terms of yield, but that doesn’t necessarily mean USDA will cut yield projections next month. USDA’s August crop production report showed a record-high 2025/26 U.S. corn yield projection of 188.8 bushels per acre and a record-high soybean yield estimate at 53.6 bushels per acre.

 But southern rust could take a big bite out of the U.S. corn crop this year. The disease is causing turmoil for farmers who have a large crop in the making. In some cases, a Hail Mary fungicide application at R4 up to early dent (R5) might make sense this season, say agronomists. But in severe cases, the disease can wipe out 45% of the yield potential in a field, according to the Crop Protection Network.

From disease to drought, the 2025 crop has been thrown a curveball late in the season. It’s also pushing the crop to maturity quicker. And with USDA currently projecting a record yield and crop, many analysts say the U.S. crop is likely going backwards in terms of yield, but that doesn’t necessarily mean USDA will cut yield projections next month. USDA’s August crop production report showed a record-high 2025/26 U.S. corn yield projection of 188.8 bushels per acre and a record-high soybean yield estimate at 53.6 bushels per acre. But southern rust could take a big bite out of the U.S. corn crop this year. The disease is causing turmoil for farmers who have a large crop in the making. In some cases, a Hail Mary fungicide application at R4 up to early dent (R5) might make sense this season, say agronomists. But in severe cases, the disease can wipe out 45% of the yield potential in a field, according to the Crop Protection Network.-NAFB

Is the U.S. corn and soybean crop getting smaller?

There's continued evidence that we may once again experience some low water conditions on the lower Mississippi River this fall. The prospects for restricted barge transportation this fall may come as a surprise for many given the healthy amounts of rainfall throughout much of the Midwest this spring and summer. However, the spigot has mostly been turned off throughout August – particularly in states that feed into the Ohio River, which feeds the Mississippi. 

According to the U.S. Army Corps of Engineers, 60% of the water volume on the Mississippi River south of Cairo, Illinois (where the Ohio River merges into the Mississippi River), is provided by the Ohio River.  As a result, low water volumes on the Ohio River will often translate to low water volumes on the lower Mississippi River.  The higher water levels at St. Louis reflect the amount of precipitation in the adjacent regions throughout the spring and summer, which was most beneficial.  

There's continued evidence that we may once again experience some low water conditions on the lower Mississippi River this fall. The prospects for restricted barge transportation this fall may come as a surprise for many given the healthy amounts of rainfall throughout much of the Midwest this spring and summer. However, the spigot has mostly been turned off throughout August – particularly in states that feed into the Ohio River, which feeds the Mississippi. According to the U.S. Army Corps of Engineers, 60% of the water volume on the Mississippi River south of Cairo, Illinois (where the Ohio River merges into the Mississippi River), is provided by the Ohio River. As a result, low water volumes on the Ohio River will often translate to low water volumes on the lower Mississippi River. The higher water levels at St. Louis reflect the amount of precipitation in the adjacent regions throughout the spring and summer, which was most beneficial. -NAFB

Concerns over Mississippi River levels as harvest approaches

December corn closed up 10 1/4 cents and March corn was up 10 1/4 cents. November soybeans closed up 6 1/2 cents and January soybeans were up 5 3/4 cents. December KC wheat closed up 4 cents, December Chicago wheat was up 5 1/4 cents, December Minneapolis wheat was up 2 3/4 cents.

December corn closed up 8 3/4 cents and March corn was up 9 cents. November soybeans closed down 4 cents and January soybeans were down 4 1/2 cents. December KC wheat closed down 5 1/4 cents, December Chicago wheat was up 13 1/4 cents and December Minneapolis wheat was down 7 3/4 cents.

Friday's trade featured month-end position-squaring as short-side traders raced to book profits while also avoiding the beginning of the delivery period for September futures contracts next week. The firm corn market offered support to soybean and wheat futures, both recovering from a sluggish start Friday to finish higher heading into the long weekend. In outside markets, equity markets relaxed into month end following three straight sessions higher. Energy markets were lower in a continuation of mixed trade overall through this week. Treasury yields were mostly lower as well as Personal Consumption Expenditure data on Friday morning showed that consumers in July remained avid spenders despite generally higher prices. The key inflation metric fell within expectations and the Federal Reserve is likely to have all the supporting features in place to cut its target rate by a quarter point in next month's meeting.

The live cattle complex got back to trading higher as traders are again finding support in the market's slightly higher cash cattle trade. It's unlikely that traders will challenge the market's resistance at $240 unless something wild and dramatic develops in the fed cash cattle market. But at this point, it's looking like some more trade could develop, but prices may hold steady with the week's trend. So far this week Southern live cattle have traded at mostly $242, which is $2.00 higher than last week's weighted average and Northern dressed cattle have traded at mostly $385, which is $1.00 lower than last week's weighted average.

Following Thursday's lower close, the feeder cattle complex also got back to trading higher as traders are no longer up against immediate resistance levels. Demand in the countryside remains incredibly strong, so today's recovery in the futures sector is a move based upon continued support of the market's fundamentals and because the contracts are no longer teetering at resistance levels.

If the lean hog complex rounded out the day higher, and an incredible week for the market, as the contracts closed higher every day this week. And although pork cutout values were higher this morning, demand has been softer than usual, so this week's momentum in the marketplace has largely been driven by traders. The big change in the carcass price came because of the $14.23 jump in the belly and because of the $11.60 jump in the picnic.

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By: NATHAN STUEDLEGRAINS:December corn closed up 10 1/4 cents and March corn was up 10 1/4 cents. November soybeans closed up 6 1/2 cents and January soybeans were up 5 3/4 cents. December KC wheat closed up 4 cents, December Chicago wheat was up 5 1/4 cents, December Minneapolis wheat was up 2 3/4 cents.For the Week:December corn closed up 8 3/4 cents and March corn was up 9 cents. November soybeans closed down 4 cents and January soybeans were down 4 1/2 cents. December KC wheat closed down 5 1/4 cents, December Chicago wheat was up 13 1/4 cents and December Minneapolis wheat was down 7 3/4 cents.Friday's trade featured month-end position-squaring as short-side traders raced to book profits while also avoiding the beginning of the delivery period for September futures contracts next week. The firm corn market offered support to soybean and wheat futures, both recovering from a sluggish start Friday to finish higher heading into the long weekend. In outside markets, equity markets relaxed into month end following three straight sessions higher. Energy markets were lower in a continuation of mixed trade overall through this week. Treasury yields were mostly lower as well as Personal Consumption Expenditure data on Friday morning showed that consumers in July remained avid spenders despite generally higher prices. The key inflation metric fell within expectations and the Federal Reserve is likely to have all the supporting features in place to cut its target rate by a quarter point in next month's meeting.LIVESTOCK:The live cattle complex got back to trading higher as traders are again finding support in the market's slightly higher cash cattle trade. It's unlikely that traders will challenge the market's resistance at $240 unless something wild and dramatic develops in the fed cash cattle market. But at this point, it's looking like some more trade could develop, but prices may hold steady with the week's trend. So far this week Southern live cattle have traded at mostly $242, which is $2.00 higher than last week's weighted average and Northern dressed cattle have traded at mostly $385, which is $1.00 lower than last week's weighted average. Following Thursday's lower close, the feeder cattle complex also got back to trading higher as traders are no longer up against immediate resistance levels. Demand in the countryside remains incredibly strong, so today's recovery in the futures sector is a move based upon continued support of the market's fundamentals and because the contracts are no longer teetering at resistance levels.If the lean hog complex rounded out the day higher, and an incredible week for the market, as the contracts closed higher every day this week. And although pork cutout values were higher this morning, demand has been softer than usual, so this week's momentum in the marketplace has largely been driven by traders. The big change in the carcass price came because of the $14.23 jump in the belly and because of the $11.60 jump in the picnic.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/08/29151210/web-closing-markets.mp3">Click HERE for audio</a>

Cases of New World screwworm infections in Mexico have climbed by more than 50 percent since July. As of August 17, reports show, Mexico has documented 5,086 cases of the flesh-eating screwworm in animals, a 53 percent rise from July, according to numbers released by the Mexican government. The updated numbers previously unavailable to the public show 649 currently active cases of screwworm infections. 

“That’s incredibly concerning,” said Neal Wilkins. He told reporters that a fifty percent increase in the number of cases from July to August, particularly in extreme heat, means that Mexico hasn’t gotten the parasite under control. An NCBA spokesman said the increase in the number of NWS cases shows that the New World screwworm is a very present and real threat. Reports say the increase in the number of reported cases likely comes from Mexican cattle producers more closely inspecting their cattle and reporting any suspicious wounds or pests.

Cases of New World screwworm infections in Mexico have climbed by more than 50 percent since July. As of August 17, reports show, Mexico has documented 5,086 cases of the flesh-eating screwworm in animals, a 53 percent rise from July, according to numbers released by the Mexican government. The updated numbers previously unavailable to the public show 649 currently active cases of screwworm infections. “That’s incredibly concerning,” said Neal Wilkins. He told reporters that a fifty percent increase in the number of cases from July to August, particularly in extreme heat, means that Mexico hasn’t gotten the parasite under control. An NCBA spokesman said the increase in the number of NWS cases shows that the New World screwworm is a very present and real threat. Reports say the increase in the number of reported cases likely comes from Mexican cattle producers more closely inspecting their cattle and reporting any suspicious wounds or pests.-NAFB

Over 50 percent rise in NWS cases in Mexico

For the sixth time this year, the overall Rural Mainstreet Index sank below growth neutral. That’s according to the monthly survey of bank CEOs in rural areas of a ten-state region dependent on agriculture or energy. The overall reading for August dropped to 48.1 after rising above growth-neutral to 50.6 in July and 51.9 in June. The index ranges between 0 and 100, with a reading of 50.0 representing neutral growth. 

Dr. Ernie Goss of Creighton University says “Weak agriculture commodity prices for grain producers continue to dampen economic activity in the ten-state region,” and “Bank CEOs and chief loan officers expect almost one-fifth, or 20 percent, of grain farmers to experience negative cash flow for 2025.” As current prices for corn and soybeans are still below break-even, the majority of the state’s producers will struggle to show operational profitability.

For the sixth time this year, the overall Rural Mainstreet Index sank below growth neutral. That’s according to the monthly survey of bank CEOs in rural areas of a ten-state region dependent on agriculture or energy. The overall reading for August dropped to 48.1 after rising above growth-neutral to 50.6 in July and 51.9 in June. The index ranges between 0 and 100, with a reading of 50.0 representing neutral growth. Dr. Ernie Goss of Creighton University says “Weak agriculture commodity prices for grain producers continue to dampen economic activity in the ten-state region,” and “Bank CEOs and chief loan officers expect almost one-fifth, or 20 percent, of grain farmers to experience negative cash flow for 2025.” As current prices for corn and soybeans are still below break-even, the majority of the state’s producers will struggle to show operational profitability.-NAFB

Rural Mainstreet Index falls below growth neutral

December corn closed up 4 cents and March corn was up 4 1/4 cents. November soybeans closed up 1/2 cents and January soybeans were unchanged. December KC wheat closed up 2 3/4 cents, December Chicago wheat was up 4 3/4 cents, December Minneapolis wheat was up 1/2 cents.

Ag markets appeared to be on their way to a continuation of Wednesday's lower drift before buying interest picked up late in the session. Traders are displaying a bit of uncertainty on where to send prices next given on one hand the large supplies that appear to be coming this fall, but on the other hand a dry August which may very well have trimmed the top end off yield potential for the southern and eastern Grain Belt. Outside markets for Thursday were very quiet with equities moving cautiously higher, with the S&amp;P500 extending Wednesday's record move. Energy markets also reversed higher off a softer tone early Thursday in what has been an overall sideways week in that sector.

Following Wednesday's higher close, the live cattle complex traded lower at the closing bell as traders seem to be keeping the market on hold, waiting to see what else surfaces from a fundamental sense before they push the contracts any higher. Packer interest could improve at any moment, but for the time being, not a single bid is on the table. Asking prices are noted in the South at $245, but are still not established in the North. It's assumed that prices will trade steady if not a bit higher again this week as feedlot managers sit with enough leverage to simply roll their showlists over into next week if prices aren't what they want.

The live cattle contracts trading lower, had the feeder cattle complex change its direction as the market watched support erode and send the contracts tumbling. Feeder cattle demand remains utterly incredible, and with buyers showing no clear signs of slowing down, traders feel comfortable allowing the contracts to continue to trade as they will and follow the live cattle market into the red.

The lean hog complex is keeping with its upward trek and not seeming too phased by the market's resistance at $94.00. What's pretty incredible about traders' recent move is that they're doing it with little to no fundamental support. Although pork cutout values were a tick higher this morning, demand has been weaker this week, and it's looking like packers are mostly done buying the cash market, as prices couldn't be posted this morning because of confidentiality.

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By: NATHAN STUEDLEGRAINS:December corn closed up 4 cents and March corn was up 4 1/4 cents. November soybeans closed up 1/2 cents and January soybeans were unchanged. December KC wheat closed up 2 3/4 cents, December Chicago wheat was up 4 3/4 cents, December Minneapolis wheat was up 1/2 cents.Ag markets appeared to be on their way to a continuation of Wednesday's lower drift before buying interest picked up late in the session. Traders are displaying a bit of uncertainty on where to send prices next given on one hand the large supplies that appear to be coming this fall, but on the other hand a dry August which may very well have trimmed the top end off yield potential for the southern and eastern Grain Belt. Outside markets for Thursday were very quiet with equities moving cautiously higher, with the S&amp;P500 extending Wednesday's record move. Energy markets also reversed higher off a softer tone early Thursday in what has been an overall sideways week in that sector.LIVESTOCK:Following Wednesday's higher close, the live cattle complex traded lower at the closing bell as traders seem to be keeping the market on hold, waiting to see what else surfaces from a fundamental sense before they push the contracts any higher. Packer interest could improve at any moment, but for the time being, not a single bid is on the table. Asking prices are noted in the South at $245, but are still not established in the North. It's assumed that prices will trade steady if not a bit higher again this week as feedlot managers sit with enough leverage to simply roll their showlists over into next week if prices aren't what they want.The live cattle contracts trading lower, had the feeder cattle complex change its direction as the market watched support erode and send the contracts tumbling. Feeder cattle demand remains utterly incredible, and with buyers showing no clear signs of slowing down, traders feel comfortable allowing the contracts to continue to trade as they will and follow the live cattle market into the red. The lean hog complex is keeping with its upward trek and not seeming too phased by the market's resistance at $94.00. What's pretty incredible about traders' recent move is that they're doing it with little to no fundamental support. Although pork cutout values were a tick higher this morning, demand has been weaker this week, and it's looking like packers are mostly done buying the cash market, as prices couldn't be posted this morning because of confidentiality.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/08/28145929/web-closing-markets.mp3">Click HERE for audio</a>

The National Corn Growers Association issued a report saying corn prices have dropped about 50 percent since hitting a peak in 2022. However, the cost of production has declined only modestly, making the production of corn unprofitable. The group said despite the plunging prices, the cost of growing an acre of corn this year is down only 3.3 percent from when prices topped out in 2022. 

“This is particularly problematic for farmers trying to cash flow high production costs while the corn price has tanked,” NCGA said in the report. Production of the grain is set to reach 16.742 billion bushels on a yield of 188.8 bushels per acre in the 2025-2026 marketing year. The average cost to grow a bushel of corn this year is projected at approximately $4.75 a bushel, and USDA expects farmers to receive about $3.90 per bushel, resulting in an 85-cent per bushel loss. 

The National Corn Growers Association issued a report saying corn prices have dropped about 50 percent since hitting a peak in 2022. However, the cost of production has declined only modestly, making the production of corn unprofitable. The group said despite the plunging prices, the cost of growing an acre of corn this year is down only 3.3 percent from when prices topped out in 2022. “This is particularly problematic for farmers trying to cash flow high production costs while the corn price has tanked,” NCGA said in the report. Production of the grain is set to reach 16.742 billion bushels on a yield of 188.8 bushels per acre in the 2025-2026 marketing year. The average cost to grow a bushel of corn this year is projected at approximately $4.75 a bushel, and USDA expects farmers to receive about $3.90 per bushel, resulting in an 85-cent per bushel loss. -NAFB

NCGA: Corn is unprofitable at current price levels

The Maryland Department of Health said the patient with the first human infection of a travel-associated New World screwworm in the U.S. has recovered from the flesh-eating parasite. There was also no sign of transmission to other people or animals. The Health and Human Services Department said the disease was confirmed on August 4 in a person who traveled to El Salvador. The CDC then reported it on August 24 after a three-week delay.

R-CALF USA CEO Bill Bullard indicated that neither the CDC nor the USDA had disclosed the NWS detection to the public. Instead, one or both agencies had selectively notified only certain industry participants of the detection, thereby giving them insider information regarding an issue with potentially severe ramifications. Bullard says, “Independent U.S. livestock producers rely exclusively on the USDA to protect the health and safety of their livestock herds against the introduction of foreign pests.”

The Maryland Department of Health said the patient with the first human infection of a travel-associated New World screwworm in the U.S. has recovered from the flesh-eating parasite. There was also no sign of transmission to other people or animals. The Health and Human Services Department said the disease was confirmed on August 4 in a person who traveled to El Salvador. The CDC then reported it on August 24 after a three-week delay.R-CALF USA CEO Bill Bullard indicated that neither the CDC nor the USDA had disclosed the NWS detection to the public. Instead, one or both agencies had selectively notified only certain industry participants of the detection, thereby giving them insider information regarding an issue with potentially severe ramifications. Bullard says, “Independent U.S. livestock producers rely exclusively on the USDA to protect the health and safety of their livestock herds against the introduction of foreign pests.”-NAFB

Why the delay in reporting the screwworm?

December corn closed down 3 1/2 cents, March corn was down 3 1/4 cents. November soybeans closed down 2 cents and January soybeans were down 2 1/2 cents. December KC wheat closed down 4 3/4 cents, December Chicago wheat was down 7 1/2 cents, December Minneapolis wheat was down 13 cents.

Corn and wheat markets slipped lower again Wednesday, with wheat breaking back toward calendar year lows for most active futures after a disappointing technical close Tuesday, adding pressure to the corn market as well. Soybeans in the meanwhile were cautiously higher for most of the morning after a dry August for the southern and eastern reaches of the Belt seemingly supported attempted selloffs. But eventually general weakness across ag markets, specifically in soybean oil and soybean meal, was ultimately too much for soybeans to trade counter to. Meanwhile, energy markets got a boost Wednesday as a result of the 50% U.S. tariff on India going into effect in response to India's purchasing of Russian oil. Wednesday morning's EIA Petroleum Status Report also showed a weekly drawdown in U.S. crude, gasoline, and diesel stocks. U.S. equity markets have climbed at midweek ahead of key earnings results.

Almost seeming to double down and show all its power and might, the live cattle complex jolted higher through Wednesday's early trade. The market sold off and came right back in a matter of minutes to finish higher on the session. Wednesday's move comes somewhat as a surprise because midday boxed beef prices were lower, and the fed cash cattle market hasn't seen any cattle trade just yet. So, while I'd typically point to the market fundamentals for reason, today's powerful move is seeming to be a decision made solely based upon the market's technical position as traders continue to respect the long-term bullishness of the cattle complex. A single bid is currently on the table in Nebraska at $245, but still no cattle have traded. Southern asking prices are firm at $243 but are still not established in the North. Trade will likely be delayed until Thursday or Friday.

The feeder cattle complex took on the same rallying mannerisms of the live cattle market as traders continue to show respect and give credence to the market's unwavering, long-term fundamental position. I do think it's worth noting that again today the contracts that are seeing the biggest gains are the deferred months as traders are realizing that supplies aren't going to become greater any time soon.

Keeping with the same gusto it possessed Tuesday, the lean hog complex was thriving as the market neared Wednesday's closing bell. And again today, the market can't point to its fundamentals as support as both cash prices and pork cutout values were lower; so instead, today's energy is solely being driven by eager traders who see an opportunity.

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By: NATHAN STUEDLEGRAINS:December corn closed down 3 1/2 cents, March corn was down 3 1/4 cents. November soybeans closed down 2 cents and January soybeans were down 2 1/2 cents. December KC wheat closed down 4 3/4 cents, December Chicago wheat was down 7 1/2 cents, December Minneapolis wheat was down 13 cents.Corn and wheat markets slipped lower again Wednesday, with wheat breaking back toward calendar year lows for most active futures after a disappointing technical close Tuesday, adding pressure to the corn market as well. Soybeans in the meanwhile were cautiously higher for most of the morning after a dry August for the southern and eastern reaches of the Belt seemingly supported attempted selloffs. But eventually general weakness across ag markets, specifically in soybean oil and soybean meal, was ultimately too much for soybeans to trade counter to. Meanwhile, energy markets got a boost Wednesday as a result of the 50% U.S. tariff on India going into effect in response to India's purchasing of Russian oil. Wednesday morning's EIA Petroleum Status Report also showed a weekly drawdown in U.S. crude, gasoline, and diesel stocks. U.S. equity markets have climbed at midweek ahead of key earnings results.LIVESTOCK:Almost seeming to double down and show all its power and might, the live cattle complex jolted higher through Wednesday's early trade. The market sold off and came right back in a matter of minutes to finish higher on the session. Wednesday's move comes somewhat as a surprise because midday boxed beef prices were lower, and the fed cash cattle market hasn't seen any cattle trade just yet. So, while I'd typically point to the market fundamentals for reason, today's powerful move is seeming to be a decision made solely based upon the market's technical position as traders continue to respect the long-term bullishness of the cattle complex. A single bid is currently on the table in Nebraska at $245, but still no cattle have traded. Southern asking prices are firm at $243 but are still not established in the North. Trade will likely be delayed until Thursday or Friday.The feeder cattle complex took on the same rallying mannerisms of the live cattle market as traders continue to show respect and give credence to the market's unwavering, long-term fundamental position. I do think it's worth noting that again today the contracts that are seeing the biggest gains are the deferred months as traders are realizing that supplies aren't going to become greater any time soon.Keeping with the same gusto it possessed Tuesday, the lean hog complex was thriving as the market neared Wednesday's closing bell. And again today, the market can't point to its fundamentals as support as both cash prices and pork cutout values were lower; so instead, today's energy is solely being driven by eager traders who see an opportunity.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/08/27141453/web-closing-markets.mp3">Click HERE for audio</a>

When retail prices for any product reach record-high levels, the demand usually plummets quickly. U.S. beef appears to be the exception to the basic rule of economics. Retail grocery store prices for beef skyrocketed and show no signs of descending. But demand hasn’t softened. A new report from CoBank says the allure of beef, even at high prices, is likely the result of several factors currently shaping consumer buying behaviors. 

The all-fresh retail beef prices surged by nine percent, hitting $8.90 per pound. CoBank says improvements in beef quality and the increased availability of premium-grade cuts at retail have played a big role in driving demand. The U.S. beef industry is producing a much higher quality of product today than it did 30 years ago. Brian Earnst, lead animal protein analyst, says access to high-quality beef has never been better, and American consumers have developed a taste for it. 

When retail prices for any product reach record-high levels, the demand usually plummets quickly. U.S. beef appears to be the exception to the basic rule of economics. Retail grocery store prices for beef skyrocketed and show no signs of descending. But demand hasn’t softened. A new report from CoBank says the allure of beef, even at high prices, is likely the result of several factors currently shaping consumer buying behaviors. The all-fresh retail beef prices surged by nine percent, hitting $8.90 per pound. CoBank says improvements in beef quality and the increased availability of premium-grade cuts at retail have played a big role in driving demand. The U.S. beef industry is producing a much higher quality of product today than it did 30 years ago. Brian Earnst, lead animal protein analyst, says access to high-quality beef has never been better, and American consumers have developed a taste for it. -NAFB

Consumers shrug off high beef prices

The Federal Reserve’s Ninth District in Minneapolis, Minnesota, has enjoyed good weather for crop production, but crop prices haven’t been friendly to farmers’ pocketbooks. A North Dakota farm lender told the Federal Reserve that, “High operating costs and lower grain prices are the biggest concerns.” Lenders responding to the second quarter Ag Credit Survey said farm incomes decreased across the Ninth District.

Lenders also reported that spending on capital equipment fell, and farm household purchases edged lower on balance. Around the district, 91 percent of the agricultural lenders said incomes decreased from April through June compared to the same period a year ago. With the weaker cash position, demand for loans rose sharply. Loan repayments also dropped, and loan renewal and extension activity increased. Interest rates for agricultural loans decreased slightly but remained high. Cropland values in the Ninth District were mixed, while cash rents dropped compared to last year. 

The Federal Reserve’s Ninth District in Minneapolis, Minnesota, has enjoyed good weather for crop production, but crop prices haven’t been friendly to farmers’ pocketbooks. A North Dakota farm lender told the Federal Reserve that, “High operating costs and lower grain prices are the biggest concerns.” Lenders responding to the second quarter Ag Credit Survey said farm incomes decreased across the Ninth District.Lenders also reported that spending on capital equipment fell, and farm household purchases edged lower on balance. Around the district, 91 percent of the agricultural lenders said incomes decreased from April through June compared to the same period a year ago. With the weaker cash position, demand for loans rose sharply. Loan repayments also dropped, and loan renewal and extension activity increased. Interest rates for agricultural loans decreased slightly but remained high. Cropland values in the Ninth District were mixed, while cash rents dropped compared to last year. -NAFB

Farm incomes dropping in Fed’s ninth district

December corn closed down 2 3/4 cents and March corn was down 3 1/4 cents. November soybeans closed up 1 3/4 cents and January soybeans were up 1 1/2 cents. December KC wheat closed down 3 cents, December Chicago wheat was up 2 cents, December Minneapolis wheat was down 2 3/4 cents.

Grains were mixed Tuesday as the brief price boost from Friday's supportive Pro Farmer yield estimates have seemingly grown stale as traders at this rate are chomping at the bit for field data to base their next price bets on. Outside markets were mixed on the news that President Trump plans to move ahead with firing of Fed Governor Lisa Cook. Equities treaded near even, while Treasury yields were a touch higher. Meanwhile, energy markets are correcting lower Tuesday, snapping a streak of positive sessions built primarily around Black Sea concerns.

The worry and concern that plagued Monday's live cattle market regarding the case where a traveler who was traveling abroad tested positive for New World screwworm in Maryland no longer seems to be at the forefront of the market's mind anymore. Currently, the October contract is trading at a new contract high as traders seem to be pressing onward aggressively and are encouraged to see boxed beef prices up as much as they are. Still no cash cattle trade has developed, but asking prices are noted in the South at $243, and remain unestablished in the North.

The feeder cattle complex was trading throughout the day with vengeance as the market gapped higher this morning and hasn't looked back since. And with the notable gain seen yesterday in feeder cattle sales across the country, the fundamental support is there for traders to make this kind of move.

Although morning pork cutout values were a tick lower, the lean hog complex challenged the market's resistance in the spot October contract, as currently, trader support is more than ample. There's a chance that with morning pork cutout values lower than traders could become weary at any point in time, but at this moment, support and stronger trends seem to be the market's trajectory.

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By: NATHAN STUEDLEGRAINS:December corn closed down 2 3/4 cents and March corn was down 3 1/4 cents. November soybeans closed up 1 3/4 cents and January soybeans were up 1 1/2 cents. December KC wheat closed down 3 cents, December Chicago wheat was up 2 cents, December Minneapolis wheat was down 2 3/4 cents.Grains were mixed Tuesday as the brief price boost from Friday's supportive Pro Farmer yield estimates have seemingly grown stale as traders at this rate are chomping at the bit for field data to base their next price bets on. Outside markets were mixed on the news that President Trump plans to move ahead with firing of Fed Governor Lisa Cook. Equities treaded near even, while Treasury yields were a touch higher. Meanwhile, energy markets are correcting lower Tuesday, snapping a streak of positive sessions built primarily around Black Sea concerns.LIVESTOCK:The worry and concern that plagued Monday's live cattle market regarding the case where a traveler who was traveling abroad tested positive for New World screwworm in Maryland no longer seems to be at the forefront of the market's mind anymore. Currently, the October contract is trading at a new contract high as traders seem to be pressing onward aggressively and are encouraged to see boxed beef prices up as much as they are. Still no cash cattle trade has developed, but asking prices are noted in the South at $243, and remain unestablished in the North.The feeder cattle complex was trading throughout the day with vengeance as the market gapped higher this morning and hasn't looked back since. And with the notable gain seen yesterday in feeder cattle sales across the country, the fundamental support is there for traders to make this kind of move.Although morning pork cutout values were a tick lower, the lean hog complex challenged the market's resistance in the spot October contract, as currently, trader support is more than ample. There's a chance that with morning pork cutout values lower than traders could become weary at any point in time, but at this moment, support and stronger trends seem to be the market's trajectory.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/08/26154008/web-closing-markets.mp3">Click HERE for audio</a>

The Department of Health and Human Services reported the first human case of New World Screwworm in the U.S. The diagnosis was confirmed by the Centers for Disease Control. The disease appeared in a traveler who’d been returning to the U.S. from Central America, where the disease is already present. State veterinarians learned of the human case during a call last week with the CDC. 

Oklahoma State Veterinarian Dr. Rod Hall said the patient lives in Maryland, where officials said they’re confident it is contained. Dr. Hall added that he believes the U.S. is probably more likely to get it in a person or pet than in livestock, at least in the short term. South Dakota State Veterinarian Beth Thompson was quoted in a Reuters article as saying that when NWS was confirmed in Maryland, the CDC worked with local physicians to identify the larvae. No livestock movement restrictions are in place. 

The Department of Health and Human Services reported the first human case of New World Screwworm in the U.S. The diagnosis was confirmed by the Centers for Disease Control. The disease appeared in a traveler who’d been returning to the U.S. from Central America, where the disease is already present. State veterinarians learned of the human case during a call last week with the CDC. Oklahoma State Veterinarian Dr. Rod Hall said the patient lives in Maryland, where officials said they’re confident it is contained. Dr. Hall added that he believes the U.S. is probably more likely to get it in a person or pet than in livestock, at least in the short term. South Dakota State Veterinarian Beth Thompson was quoted in a Reuters article as saying that when NWS was confirmed in Maryland, the CDC worked with local physicians to identify the larvae. No livestock movement restrictions are in place. -NAFB

Human case of New World Screwworm confirmed in the U.S.

Cattle and calves on feed for the slaughter market in the United States for feedlots with a capacity of 1,000 or more head totaled 10.9 million head on August 1st. That was two percent below the mark in 2024, and in line with pre-report trade estimates of 98.1 percent. Reports show the August 1 level is an eight-year low. 

The state-by-state breakdown showed a steady increase across most of the states, but compared to a year ago, the Southern feedlots were well below 2024 levels. That’s because of the closure of the Southern U.S. border to Mexican feeder imports. The northern feeder areas were said to be above year-ago levels. Texas placements were at 75 percent of last year, Colorado was 76 percent, Nebraska was at 98 percent, while Kansas and Iowa were at 102 and 118 percent, respectively. Feedlot placements in July were 1.6 million head, six percent below last year. 

Cattle and calves on feed for the slaughter market in the United States for feedlots with a capacity of 1,000 or more head totaled 10.9 million head on August 1st. That was two percent below the mark in 2024, and in line with pre-report trade estimates of 98.1 percent. Reports show the August 1 level is an eight-year low. The state-by-state breakdown showed a steady increase across most of the states, but compared to a year ago, the Southern feedlots were well below 2024 levels. That’s because of the closure of the Southern U.S. border to Mexican feeder imports. The northern feeder areas were said to be above year-ago levels. Texas placements were at 75 percent of last year, Colorado was 76 percent, Nebraska was at 98 percent, while Kansas and Iowa were at 102 and 118 percent, respectively. Feedlot placements in July were 1.6 million head, six percent below last year. -NAFB

U.S. cattle on feed down two percent

September corn closed up 1 cent and December corn was up 3/4 cent. September soybeans closed down 11 cents and November soybeans were down 10 3/4 cents. September KC wheat closed down 1 1/4 cents, September Chicago wheat was up 2 cents, September Minneapolis wheat was up 3 1/2 cents.

Markets were firm for the most part out of the gate to begin the new week Sunday evening, but prices eventually faded from highs through the Monday day session. Despite some recent reasons for bullishness, traders remain cautious of the potential for very large U.S. crops this fall. In outside markets, equities relaxed to start the week following Friday's Fed-related rally. Meanwhile, energy markets are continuing their rally from late last week primarily driven as peace discussions between Russia and Ukraine are thus far nonexistent following the Trump/Putin Summit ten days ago.

It's was a tumultuous morning for the live cattle complex as news broke over the weekend from the CDC that a person traveling abroad in Maryland was infected with New World screwworm. The news obviously affected the cattle complex dramatically as strict measures have been taken with cattle imports to avoid the spread into the U.S., but thinking that it would be carried into the US through a human wasn't on most people's radar. And although the news regarding the positive case of New World screwworm has most affected the marketplace, it hasn't helped matters either that the market received a neutral to somewhat bearish Cattle on Feed report last week, as most analysts thought placements would be lighter than what they were. New showlists appear to be lower in all major feeding areas.

The feeder cattle complex was traded mostly lower as traders are uncertain what to do with the complex following the CDC's announcement. The contracts were trading close to their limit lower this morning, but then recovered a bulk of the position and at the closing bell only trading mildly lower.

The lean hog complex had a prosperous morning as the contracts traded fully higher. It was helpful to see pork cutout values were stronger again this morning -- but that's mainly because of the continued aggressive rally in the picnic, which was up $8.75.

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By: NATHAN STUEDLEGRAINS:September corn closed up 1 cent and December corn was up 3/4 cent. September soybeans closed down 11 cents and November soybeans were down 10 3/4 cents. September KC wheat closed down 1 1/4 cents, September Chicago wheat was up 2 cents, September Minneapolis wheat was up 3 1/2 cents.Markets were firm for the most part out of the gate to begin the new week Sunday evening, but prices eventually faded from highs through the Monday day session. Despite some recent reasons for bullishness, traders remain cautious of the potential for very large U.S. crops this fall. In outside markets, equities relaxed to start the week following Friday's Fed-related rally. Meanwhile, energy markets are continuing their rally from late last week primarily driven as peace discussions between Russia and Ukraine are thus far nonexistent following the Trump/Putin Summit ten days ago.LIVESTOCK:It's was a tumultuous morning for the live cattle complex as news broke over the weekend from the CDC that a person traveling abroad in Maryland was infected with New World screwworm. The news obviously affected the cattle complex dramatically as strict measures have been taken with cattle imports to avoid the spread into the U.S., but thinking that it would be carried into the US through a human wasn't on most people's radar. And although the news regarding the positive case of New World screwworm has most affected the marketplace, it hasn't helped matters either that the market received a neutral to somewhat bearish Cattle on Feed report last week, as most analysts thought placements would be lighter than what they were. New showlists appear to be lower in all major feeding areas.The feeder cattle complex was traded mostly lower as traders are uncertain what to do with the complex following the CDC's announcement. The contracts were trading close to their limit lower this morning, but then recovered a bulk of the position and at the closing bell only trading mildly lower.The lean hog complex had a prosperous morning as the contracts traded fully higher. It was helpful to see pork cutout values were stronger again this morning -- but that's mainly because of the continued aggressive rally in the picnic, which was up $8.75.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/08/25144723/web-closing-markets.mp3">Click HERE for audio</a>

Farm groups are warning the White House that the tariff war is making already high fertilizer prices worse. That’s making it harder for farmers to afford to plant their typical amounts of corn, soybeans, and wheat. Reports show that ag industry representatives have hesitated to publicly criticize President Trump’s tariff policies, but some have spent recent months quietly lobbying lawmakers and administration officials to ease the impact on fertilizer prices, which can make up over 30 percent of the input costs for row crop farmers. 

A recent letter from the National Corn Growers Association to administration officials like U.S. Trade Representative Jamieson Greer said fertilizer prices are approaching disastrous levels. When the president took office in January, the average tariff rate on all the key farmer inputs jumped from under 1 percent to well over 12 percent in August. Some inputs, like pesticides, have risen by 20 percent or more since January.

Farm groups are warning the White House that the tariff war is making already high fertilizer prices worse. That’s making it harder for farmers to afford to plant their typical amounts of corn, soybeans, and wheat. Reports show that ag industry representatives have hesitated to publicly criticize President Trump’s tariff policies, but some have spent recent months quietly lobbying lawmakers and administration officials to ease the impact on fertilizer prices, which can make up over 30 percent of the input costs for row crop farmers. A recent letter from the National Corn Growers Association to administration officials like U.S. Trade Representative Jamieson Greer said fertilizer prices are approaching disastrous levels. When the president took office in January, the average tariff rate on all the key farmer inputs jumped from under 1 percent to well over 12 percent in August. Some inputs, like pesticides, have risen by 20 percent or more since January.-NAFB

Farmers feeling the fertilizer price squeeze

Farmers throughout the region are invited to join Northwest Missouri State University and its School of Agricultural Sciences in collaboration with BioSTL for its 2025 AgTech Innovation Showcase to connect farmers and innovators in the ag industry. The program is 9 a.m. to 3 p.m. Thursday, Sept. 4, at Northwest’s&nbsp;Agricultural Learning Center, located at 22893 U.S. Highway 71 in Maryville.

BioSTL, a St.&nbsp;Louis nonprofit launched in 2001, offers a comprehensive set of programs aimed at solving challenges in agriculture, medicine, health care and technology.&nbsp;For agriculture professionals, BioSTL’s Early Adopter Grower Innovation Community (EAGIC) program provides a pathway for innovation to reach&nbsp;farmers, using domestic and global networks to find solutions that meet the needs of farmers.

The showcase will feature speakers and explore topics including AI-enabled and data-driven farm tools; biological, fertilizer and soil health solutions; equipment and farm input innovations; and animal science technologies. Attendees will receive a complimentary lunch.

By: NATHAN STUEDLEFarmers throughout the region are invited to join Northwest Missouri State University and its School of Agricultural Sciences in collaboration with BioSTL for its 2025 AgTech Innovation Showcase to connect farmers and innovators in the ag industry. The program is 9 a.m. to 3 p.m. Thursday, Sept. 4, at Northwest’s&nbsp;Agricultural Learning Center, located at 22893 U.S. Highway 71 in Maryville.BioSTL, a St.&nbsp;Louis nonprofit launched in 2001, offers a comprehensive set of programs aimed at solving challenges in agriculture, medicine, health care and technology.&nbsp;For agriculture professionals, BioSTL’s Early Adopter Grower Innovation Community (EAGIC) program provides a pathway for innovation to reach&nbsp;farmers, using domestic and global networks to find solutions that meet the needs of farmers.The showcase will feature speakers and explore topics including AI-enabled and data-driven farm tools; biological, fertilizer and soil health solutions; equipment and farm input innovations; and animal science technologies. Attendees will receive a complimentary lunch.

Northwest hosting farmers, ag experts for ‘Innovation Showcase’

December corn closed down 1/4 cent per bushel at $4.11 1/2 and March corn was down 1 cent at $4.28 3/4. November soybeans closed up 2 1/2 cents at $10.58 1/2 and January soybeans were up 3 1/4 cents at $10.77. December KC wheat closed down 5 cents at $5.21, December Chicago wheat was down 2 1/2 cents at $5.27 1/4 and December Minneapolis wheat was unchanged cents at $5.90.

December corn finished 6 1/4 cents higher at $4.11 1/2. March corn also finished 6 1/4 cents higher at $4.28 3/4. November beans rose 16 cents for the week at $10.58 1/2 and January beans finished up 15 1/2 cents at $10.77. Kansas City September closed down 9 at $4.98, Chicago September finished down 1 3/4, and Minneapolis December finished up .0075 at $5.90.

Soybeans got a boost and rose for the second straight day. Although pod counts are being reported as record large in several key states, it is the drier outlook ahead that has traders buying. Also supportive for soybeans was the bean oil strength and the EPA decision to grant full waivers for only 63 of the petitions with partial waivers and some not approved at all. Wheat and corn flirted with both sides in slow trade Friday.

The live cattle complex continued to trade higher and higher as support remains plentiful for the market. Boxed beef demand has been stellar this week, and although we'd just seen a small trading thus far in the fed cash cattle complex, prices have been higher in the North. It's normal for traders to pull the contracts back somewhat ahead of the release of the monthly Cattle on Feed report, but at this point, it's looking like there's enough support in the marketplace to ease traders' nervousness about the report to continue to push the contracts higher.

A new day, and another new contract high summarizes the feeder cattle complex at this point. It will be interesting to note what happens on the monthly Cattle on Feed report as placements are expected to be lighter than a year ago, but how much lighter once again remains the question to be answered. It's been an incredible week for the feeder cattle complex as the market has been able to close higher every single day.

The lean hog complex made a late-week rally as the nearby contracts were successful trading upward of $1.00 higher into Friday's noon hour. Some of the market's support is stemming from the strong fundamental showing late in the week, but more than that, it seems that traders have regained their confidence, as fundamental support throughout the week has been spotty.

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By: NATHAN STUEDLEGRAINS:December corn closed down 1/4 cent per bushel at $4.11 1/2 and March corn was down 1 cent at $4.28 3/4. November soybeans closed up 2 1/2 cents at $10.58 1/2 and January soybeans were up 3 1/4 cents at $10.77. December KC wheat closed down 5 cents at $5.21, December Chicago wheat was down 2 1/2 cents at $5.27 1/4 and December Minneapolis wheat was unchanged cents at $5.90.For the Week:December corn finished 6 1/4 cents higher at $4.11 1/2. March corn also finished 6 1/4 cents higher at $4.28 3/4. November beans rose 16 cents for the week at $10.58 1/2 and January beans finished up 15 1/2 cents at $10.77. Kansas City September closed down 9 at $4.98, Chicago September finished down 1 3/4, and Minneapolis December finished up .0075 at $5.90.Soybeans got a boost and rose for the second straight day. Although pod counts are being reported as record large in several key states, it is the drier outlook ahead that has traders buying. Also supportive for soybeans was the bean oil strength and the EPA decision to grant full waivers for only 63 of the petitions with partial waivers and some not approved at all. Wheat and corn flirted with both sides in slow trade Friday.LIVESTOCK:The live cattle complex continued to trade higher and higher as support remains plentiful for the market. Boxed beef demand has been stellar this week, and although we'd just seen a small trading thus far in the fed cash cattle complex, prices have been higher in the North. It's normal for traders to pull the contracts back somewhat ahead of the release of the monthly Cattle on Feed report, but at this point, it's looking like there's enough support in the marketplace to ease traders' nervousness about the report to continue to push the contracts higher. A new day, and another new contract high summarizes the feeder cattle complex at this point. It will be interesting to note what happens on the monthly Cattle on Feed report as placements are expected to be lighter than a year ago, but how much lighter once again remains the question to be answered. It's been an incredible week for the feeder cattle complex as the market has been able to close higher every single day.The lean hog complex made a late-week rally as the nearby contracts were successful trading upward of $1.00 higher into Friday's noon hour. Some of the market's support is stemming from the strong fundamental showing late in the week, but more than that, it seems that traders have regained their confidence, as fundamental support throughout the week has been spotty.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/08/22143712/web-closing-markets.mp3">Click HERE for audio</a>

Ag Secretary Brooke Rollins said the USDA will no longer fund taxpayer dollars for solar panels on productive farmland or allow solar panels manufactured by foreign adversaries to be used in USDA projects. Subsidized solar farms have made it more difficult for farmers to access farmland by making it more expensive and less available. Within the last 30 years, Tennessee alone has lost over 1.2 million acres of farmland and is expected to lose two million acres by 2027. 

This problem isn’t just in Tennessee, because, since 2012, solar panels on farmland nationwide have increased by almost 50 percent. That’s why the Department took action. “Our prime farmland should not be wasted and replaced with Green New Deal-subsidized solar panels,” Rollins said. “One of the biggest barriers to entry for new and young farmers is access to land, and subsidized solar farms are making land much more expensive and less available.” 

Ag Secretary Brooke Rollins said the USDA will no longer fund taxpayer dollars for solar panels on productive farmland or allow solar panels manufactured by foreign adversaries to be used in USDA projects. Subsidized solar farms have made it more difficult for farmers to access farmland by making it more expensive and less available. Within the last 30 years, Tennessee alone has lost over 1.2 million acres of farmland and is expected to lose two million acres by 2027. This problem isn’t just in Tennessee, because, since 2012, solar panels on farmland nationwide have increased by almost 50 percent. That’s why the Department took action. “Our prime farmland should not be wasted and replaced with Green New Deal-subsidized solar panels,” Rollins said. “One of the biggest barriers to entry for new and young farmers is access to land, and subsidized solar farms are making land much more expensive and less available.” -NAFB

Agriculture