An ag policy specialist says USDA’s new one-time market-based program for rice producers is a much-needed boost ahead of the next farm bill. Jamison Cruce, the senior director of government affairs with the U.S. Rice Federation, says the program will help rice farmers overcome their lowest production year on record in 30 years. “From the south and along the Gulf Coast, stagnant prices across the U.S. and high input costs […]
The USDA says planting progress advanced despite cool temperatures last week in Indiana. Thirty-six percent of the state’s corn crop is planted, 16 percentage points ahead of the one-year average. Six percent of the crop is emerged. Thirty-three percent of soybeans are planted, 27 percentage points ahead of the one-year average. Five percent of the crop is emerged. Seventy-eight percent of the winter wheat crop is rated good to excellent. […]
Soybeans were lower on profit taking and technical selling. The trade was expecting the USDA to report a solid week-to-week increase in planting, even after rain in parts of the region last week. The USDA says 35% of U.S. soybeans are planted, compared to the five-year average of 21%, with 9% emerged, compared to 4% on average. There’s more rain in the forecast during this week for parts of the […]
A central Missouri farmer says his farm hasn’t received much rain in the last few days. “We got two-tenths of an inch and I think that’s the best we’ve gotten over the last month.” Nathan Alpers from Prairie Home tells Brownfield says more rain is needed to help the crops and pasture grow. “The grass isn’t doing anything. We ought to have grass more than knee high and it’s shin […]
Jul. corn closed at $5.96 and 1/2, unchangedJul. soybeans closed at $14.33 and 3/4, down 2 and 3/4 centsJul. soybean meal closed at $426.90, up 80 centsJul. soybean oil closed at 53.65, down 68 pointsJul. wheat closed at $6.54, down 6 and 1/4 centsJun. live cattle closed at $162.42, up 50 centsMay feeder cattle closed at $203.42, up 90 centsMay lean hogs closed at $75.62, up 10 centsMay Class III milk […]
U.S. farmers made solid progress planting corn and soybeans last week. That was despite rain in some key growing areas, with more in the forecast for parts of the Midwest and Plains this week. The USDA says 49% of U.S. corn is planted, compared to 26% a week ago and the five-year average of 42%, with 12% emerged, compared to 11% on average. 35% of soybeans are planted as of […]
Listen to this episode of the Compeer Financial podcast where Steve Leffew, a lending officer with Compeer Financial, discusses what’s next for rural and rec property financing. Sponsored by Compeer Financial ...
The 2023 planting season is winding down for an eastern Iowa farmer. Dave Walton raises corn and soybeans near Wilton along the Mississippi River. “We’ve got about a day and a half of soybeans to plant,” he said. “All of the corn is in the ground, but nothing is out yet.” He tells Brownfield soil conditions have been favorable. “I think this is probably one of the better years we’ve […]
The Environmental Protection Agency is reaffirming its focus on regulating forever chemicals will fall on the manufacturing and users that produce related products. Region 5 Administrator Debra Shore tells Brownfield … “We are working on an enforcement, discretion guideline for wastewater treatment plants and for agriculture, because farmers aren’t responsible if PFAS are in biosolids that are spread on farm fields and wastewater treatment plants, aren’t responsible, it’s coming in from […]
