The Livestock Marketing Information Center is calling for a significant decline in hay acres this year and an increase to prices. Director and senior economist Katelyn McCullock says alfalfa acres are primarily located in northern states and in the west and production numbers have been tight for the past two years with the ongoing drought and increased price competition from other crops. “We have seen a massive decline in new […]
America’s corn and soybean farmers say they need a stronger safety net in the next farm bill. American Soybean Association President and Arkansas farmer Brad Doyle says crop insurance payments were not triggered during the China trade war and that hurt soybean growers. “If soybeans, the second largest crop planted by area in the U.S., didn’t get help from Title 1 in this situation, it is hard to imagine a […]
SIGN UP FOR EVENT REMINDERS Brownfield presents Peers on Profit, a panel of your peers discussing storage profitability. From automation to energy savings, learn how they each get it done. Join us on the Brownfield Facebook Page March 15, 2022 – we’ll be going LIVE at noon central for Peers on Profit, presented by Brownfield and sponsored by AGI. We’ve pulled a group from across the U.S. ...
The USDA’s Foreign Ag Service has lowered their outlook for Argentina’s soybean crop. That is due to hot, dry weather during some key periods of development stunting growth, slashing yields, and depleting soil moisture. The FAS has the crop at 41 million tons, 4 million less than the last official estimate and 3.5 million below a year ago. Argentina is the world’s biggest exporter of soybean products and that smaller […]
WASHINGTON, March 1, 2022 – The U.S. Department of Agriculture (USDA) today announced supplemental American Rescue Plan Act funding for the Local Agriculture Market Program (LAMP). The program will receive a total of $130 million in supplemental American Rescue Plan (ARP) Act funding to promote competition and create more and better markets for local and regional food producers by expanding and strengthening opportunities to sell to institutions, such as universities, […]
USDA’s Prospective Planting report is less than a month away. Eastern Iowa corn and soybean farmer Robb Ewoldt tells Brownfield he’s sticking with his usual rotation despite high input costs, especially for corn. “With these current prices it’s hard to want to change anything now (because) it’s setting up to be pretty profitable when I can get a cash bid out of the field for my corn at about $5.75 […]
Looking ahead, the 6- to 10-day outlook calls for the likelihood of below-normal temperatures from the Pacific Coast to the Plains and upper Midwest, while warmer-than-normal weather will prevail along and east of a line from the western Gulf Coast region to Lake Huron. Meanwhile, near- or above-normal precipitation across most of the country should contrast with drier-than-normal conditions along and near the Pacific Coast. ...
Investing in plant research helps farmers increase yields, reduce costs, protect the land and water, and maximize return on investment. In this Voice of Soy, Tom Fontana, director for research for the Ohio Soybean Council shares why investing soybean checkoff dollars matter. ...
In this episode of IL Corn Connection John Hinners, Senior Vice President of Industry Relations for the US Meat Export Federation highlights focus areas for red meat exports and how corn checkoff dollars are helping reach those markets. He then highlights how much corn is positively impacted by red meat exports and the dollar figures associated with that in 2021. ...
