Reports about a large cheese purchase by the USDA to aid schools and food banks has a dairy leader wondering if there might be a downside. Laurie Fischer with the American Dairy Coalition tells Brownfield it’s unclear if or when USDA would buy around 47 million pounds of cheese, but she’s paying close attention because her farmer members want to avoid repeating recent history. “Well, we are looking at it […]
The top ag official in Iowa is concerned about the implications of Proposition 12. Ag Secretary Mike Naig tells Brownfield the recent Supreme Court decision to uphold the California law opens a pathway for large states with big markets to dictate to smaller states their preference in how anything is produced. “Certainly it’s going to impact the pork industry. But I do think it opens the door, it’s a very […]
The USDA is reporting another mixed week for U.S. export sales. For the week ending May 25th, old crop soybean, soybean meal, cotton, and sorghum sales were up, while corn, rice, and soybean oil were down with another marketing year low for wheat. Reported new crop sales for those commodities were routine. Pork export sales fell from the previous week and beef was modestly lower. Export demand is influenced by […]
A Nebraska farmer says the historic tax cut package recently signed into law will help provide some certainty for his operation’s financial outlook. Nathan Dorn tells Brownfield his landowners were paying extremely high property taxes. “Every time they get their property tax statement, I get a call saying rents are too low and that’s a direct correlation to my balance sheet. My landlords raising rents because property taxes went up […]
Listen to this episode of the Compeer Financial podcast where Greg Steele, Senior Dairy Lending Specialist at Compeer Financial, discusses what the diary industry looks like in 2023. Sponsored by Compeer Financial ...
The U.S. Senate has passed a bill that would raise the debt ceiling while reducing overall government spending on Thursday. The bill includes a temporary expansion of work requirements for the Supplemental Nutrition Assistance Program. The agreement is now headed to President Biden’s desk for a signature. ...
High oleic soybeans have created a new market for U.S. soy farmers because it offers end users a more functional U.S. grown product without sacrificing yield. In this episode, learn how checkoff dollars are helping increase demand from restaurants and food manufacturers and helping farmers. ...
A University Extension expert says there’s good news and bad news for the first crop of hay now being harvested in Wisconsin. Richard Halopka is based in Clark County. He says, ”What I’m seeing being harvested right now today is low on quantity but high on quality.” Halopka tells Brownfield it’s been very dry, but having excess moisture in the topsoil and subsoil about three weeks ago has helped the […]
The president of the Nebraska State Dairy Association says the state is trying to reverse a trend that the number of dairy farms continue to decline. Mike Guenther tells Brownfield there are less than 100 farms, but expanding processing could incentivize production. “When you see these dairy farm numbers decline, and when the processing plants come, then that that’s when that trend will finally stop and they’ll actually start […]
