Argentina is proposing a new tax on companies that they say are generating ‘extrodinary income’ because of the conflict in Ukraine. Ag economist Ben Brown with the University of Missouri says the tax would heavily impact the country’s crop farmers. He tells Brownfield the move could benefit U.S. growers. “This really plays into not having the grain to the export terminals to be able to export,” he said. “And so, […]
A young farmer says out-of-the-box thinking is a requirement for any beginning farmer because of the high costs of entry. “The price of commodities is up, the price of the equipment is extremely high, the price of land is extremely high.” Robyn Fogarasi tells Brownfield it’s taken her and her husband a decade to grow their business which today includes 1,200 acres of corn, soybeans, wheat, and more than […]
U.S. ethanol production moved lower last week as stocks grew. The U.S. Energy Information Administration says production averaged 1.039 million barrels a day, down 32,000 from the previous week’s near-six month high and 28,000 barrels lower than a year ago. The Renewable Fuels Association says net inputs by refiners and blenders were a five-week low, falling 2.7% from the prior week, while the volume of gasoline supply rose 2.5% to […]
The National Sheriff’s Association says high prices and record inflation are behind a recent uptick in rural thefts. Kiernan Donahue, a leader with the association, tells Brownfield as a result they are increasing patrols in rural areas. “A lot of these folks are hitting the rural areas because there’s not the presence of law enforcement that we have in our urban areas,” Donahue said. “They take advantage of that.” Donahue […]
Visitors to Wisconsin’s Farm Technology Days can expect a few changes this year. Dennis and Susie Roehl operate the host farm, and Dennis tells Brownfield this year’s event is bringing back forage field demonstrations. He says, “Our demonstrations are going to be cutting in the morning, and merging and chopping will all be before noon, and then in the afternoon it will be raking, baling, and wrapping the bales.” He […]
The National Pork Producers Council unveiled its new logo on day one of the World Pork Expo. NPPC Chief Executive Officer Bryan Humphreys says the new logo is symbolic of where the Council is heading to achieve groundbreaking successes. “This transformation and energized focus will help propel the industry forward in an aligned, energized, and (will be) strategically driven for producers under new leadership guided by a long-range strategic plan […]
Brownfield’s Weekly Commodity Market Update USDA’s recent crop progress report shows U.S. corn planting is nearing the finish line. But University of Missouri ag economist Ben Brown says that doesn’t mean planted acreage has matched early season expectations. “There are two ways that planting progress can go up,” he said. “It can actually be planting acres or it can actually be lowering the number of intended corn acres. So, as […]
Severe storms tore across parts of the West Corn Belt Tuesday night destroying crops and farmland. South Central Nebraska farmer Randy Uhrmacher tells Brownfield medium-sized hail and 70 mile-per-hour wind gusts brought widespread damage. “It pretty much just leveled a lot of the fields at the ground. Anything at the ground got completely chewed off and it’s down to bare ground.” He says there isn’t much damage to buildings, […]
Brazil’s equivalent of the USDA has increased its outlooks for corn and soybean production. CONAB says total grain and oilseed production will fall below initial estimates, but at 271.284 million tons, will be the largest combined crop on record for that nation. The preliminary total for Brazil’s soybean crop is 124.268 million tons, slightly larger than the May guess, but down 10.1% from 2021 due to weather issues in some […]
