Bee Bum, a honeybee farm near Beatrice, Nebraska, is expecting to harvest about 6,500 pounds of honey this year. Owner Kevin Monfelt said commercial honeybee production presents many challenges and opportunities in Nebraska. Bee Bum operates 300 bee colonies and they're hoping to reach 400 colonies by next year. Monfelt…
The U.S. Dollar. The Brazilian Deal. The Chinese Yuan. The U.S. Dollar is often referred to in commodity trading, but why? What impact does it have on major commodities? About 65% - 75% of all price settlements and merchandise trade invoices have been settled in U.S. dollars, according to Mike…
In April, we visited with Dan Kristensen, a farmer near Minden, Nebraska, who was looking forward to a promising growing season. Fast forward to July, and hail has wiped out thousands of acres of crops. In this week's edition of Fridays in the Field, we catch up with Dan to…
Every Friday after the markets close, the Commitment of Traders report is released by the Commodity Futures Trading Commission (CFTC). You’ve likely heard analysts talk about the report, but what does it really mean for your farm? Do the numbers matter if the data is three days delayed? John Payne…
As wheat harvest progresses across the Midwest, many farmers agree that this year has produced some of the best wheat they have seen in years. Cierra Dugan is the sixth generation on the seven-generation Dugan Farms in Leonardville, Kansas. "This is probably the highest-yielding year that I've ever seen on…
The U.S. Department of Agriculture's National Agricultural Statistics Service (NASS) estimated 91.5 million acres of corn planted in the United States for 2024, down 3% from last year, according to the Acreage report released today. Soybean area planted is estimated at 86.1 million acres, up 3% from last year. Following…
With all the talk about "the funds" in the markets, it can be difficult to understand who they are and how they matter to a farm's grain marketing plan. John Payne with Advanced Trading has been in grain marketing for nearly 20 years and he joins us on Grain IQ…
The tornado touched down and crossed a quarter of beans before tearing out several adult trees and a shed at a nearby acreage. Miraculously, the house and several other outbuildings on the property remained intact. On this week’s episode of Fridays in the Field, we travel to northeast Nebraska where…
Pastures in central Nebraska are looking the best they have in three years, according to Jordan Popp, a rancher near Broken Bow. Popp says the rain and days of sunlight has made the ideal conditions for grass growth and allowed them to turn cattle out to pasture without the concerns…
This week's Nebraska Soybean Board Weekly Market Roundup featured insights from Matt Stuever and Alex Gade of Tredas. The grain markets experienced significant fluctuations, ending the week with mixed results across various commodities.