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Brad Kooima, Kooima Kooima Varilek, says live cattle futures are consolidating which is healthy. Meanwhile, corn and soybeans make new highs for the move still digesting USDA’s bullish report data and the shocking cuts in yield, production and ending stocks.

2025 IDFA Innovative Dairy Farmer of the Year award winner bridges tradition and innovation.

Jon Scheve discusses highlights from last week’s USDA report and how prices could be impacted for corn, soybeans, and wheat.

Jim McCormick of AgMarket.Net, says South America is setting up for a record crop. “I think at this point Brazil will have a huge crop, 172 to 175 MMT, that’ll more than offset at what we lost here in the U.S.”

Weekly overview of ag commodity market news and price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.

Farm Journal’s annual Top Producer Summit, agriculture’s premier educational and networking event for forward-thinking farmers and ranchers, is set for Feb. 17-19, 2025, at the Loews Hotel in Kansas City.

Jerry Gulke, president of the Gulke Group, says as of Friday’s report, USDA has dropped corn ending stocks nearly 1 billion bushels from their initial estimate during the February 2024 Ag Outlook Forum when the agency projected carryout at 2.532 billion bushels based on trend-line yield.

Markets saw a double-digit rally as USDA says the 2024 corn and soybean crops were not as big as originally projected.

Prime Minister Justin Trudeau’s administration aims for a “dollar-for-dollar” response.

Shawn Hackett with Hackett Financial Advisors says it will be tough for corn to run to $5 because report just confirmed what the market already knew.