A carbon sequestration pilot project bill that could have impacted farmer property rights has been defeated by the Indiana House. Jeff Cummins is the associate policy director of Indiana Farm Bureau. “Senate Bill 265 was defeated on the House Floor with 53 no votes and 43 yes votes,” he says. He tells Brownfield amendment language was offered to help protect property rights. “We had offered amendment language to define pore […]
Mar. corn closed at $6.97 and 1/2, up 38 centsMar. soybeans closed at $16.44 and 1/4, up 54 centsMar. soybean meal closed at $454.90, up $6.60Mar. soybean oil closed at 72.89, up 414 pointsMar. wheat closed at $9.28, up 85 centsApr. live cattle closed at $141.42, down 50 centsApr. lean hogs closed at $103.50, down 17 centsMar. Class III milk closed at $22.05, up 15 centsApr. ...
Soybeans were sharply higher on commercial and technical buying. The volatility and uncertainty connected to Russia’s invasion of Ukraine continued to impact commodity and financial markets. Beans are also monitoring conditions in South America, with the possibility of further reductions in crop projections. Those declining prospects have helped U.S. exports pick up steam. China bought 136,000 tons of new crop U.S. beans and unknown purchased 120,000 tons of old crop. […]
The chief economist for the USDA says markets will be hyper-focused on every event that could impact corn and soybean crops this year. Seth Meyer tells Brownfield global supplies are very tight. “It’s going to be sensitive to further changes in south American crops up or down,” he says. “The market is going to be really sensitive to how our planting progress goes. It’s going to be sensitive to how […]
Arkansas cotton farmers will receive a cash rebate from the Arkansas Boll Weevil Eradication Foundation. The board of directors voted to issue a $.75 rebate to cotton farmers for acreage reported in 2021 under the state’s boll weevil eradication program. The ABWEF borrowed millions of dollars over the years from the USDA Farm Service Agency (FSA), as did other Southern states and programs, to finance the boll weevil eradication program […]
The Michigan Department of Agriculture is asking poultry owners to report any suspicious case of Highly Pathogenic Avian Influenza as migrating birds move north. State veterinarian Dr. Nora Wineland tells Brownfield until last week, there have not been any reported cases in Michigan since 2015 when the disease was reported in wild birds. “Birds are often found dead, sometimes there’s enough warning to know that they’re just not eating and […]
The USDA recently announced another round of funding to continue its efforts to strengthen the meat and poultry processing sectors. Tanner Beymer, Director of Government Affairs and Market Regulatory Policy, with the National Cattlemen’s Beef Association says this announcement is a step in the right direction. “Building a facility or expanding new hooks, that’s only part of the equation,” he says. “There needs to be a good business model associated […]
Brownfield is proud of the partnership with KNEM AM 1240/FM 99.9 and KNMO 97.5 FM, Nevada, Missouri. Visit the website and follow them on Twitter and Facebook. Thanks to Mike Harbit, GM/President for answering a few questions for us: How long has your station been on the air? KNEM-AM – 1939, KNMO-FM – 1984 How long have you been a Brownfield affiliate? ...
U.S. farm income declined slightly in January as costs rose, one sign of the inflation currently hitting the ag economy. The USDA says the index of prices received was down 0.9% as decreases for cattle, hay, lettuce, and lemons canceled out increases in milk, cotton, broilers, and market eggs. The dairy index for January 2022 was up 11% from December and 38% from January 2021, with the all milk price […]
