A southeast Nebraska farmer says he’s concerned about the consequences for agriculture if the U.S. government defaults on its debt. Nathan Dorn tells Brownfield social security will be at risk. “If the U.S. defaults, that’s one of the first people who may not get paid and we have landlords collecting social security and other things like that. If debt doesn’t get paid, interest rates would likely skyrocket.” Dorn says if […]
Soil conditions have gone from too wet to very dry as potato planting wraps up in northern states. In northwest Minnesota, farmer Peter Imle says soil conditions are much better now for the seed and fresh potatoes on his farm considering there was a lot of snowfall over the winter. “If anything, I think folks are lacking for a little moisture, but as the crop goes in, I think it […]
The president of the Michigan Farmers Union tells Brownfield it’s extremely dry for his area in the center of the state. Bob Thompson grows row corn, soybeans, and hay in Isabella County. “I personally am cutting hay for the first time in May in my life, but we typically don’t cut until early in June and it’s a short crop,” he shares. He tells Brownfield some farmers are holding off […]
Jul. corn closed at $5.92 and 1/2, down 1 and 1/2 centsJul. soybeans closed at $13.29 and 1/2, up 29 and 3/4 centsJul. soybean meal closed at $401.40, up $8.00Jul. soybean oil closed at 47.86, up 166 pointsJul. wheat closed at $6.10 and 3/4, up 16 and 1/2 centsJun. live cattle closed at $174.90, up $5.77Aug. feeder cattle closed at $241.65, up $2.47Jun. ...
An Illinois-based agronomist says she’s seeing several different colors while scouting corn fields this spring. Stephanie Porter tells Brownfield low humidity and cooler nighttime temperatures have caused some plants to look silver. “We’re kind of getting this release of heat off of the ground and basically it does a type of burn on the leaf in some areas and makes it look silver, it almost looks like a cold injury.” […]
A bipartisan group of US Representatives is asking the Biden administration to address Brazil’s unfair trading policies impacting American ethanol. Ed Hubbard, general counsel and vice president for government affairs with the Renewable Fuels Association, says Brazil imposed tariffs in February and that’s reduced demand. “We’ve still been able to get some volume in there, albeit a lot less than we normally would have, but most of that has […]
A seed advisor with Beck’s Hybrids says many crop farmers in central Missouri are turning to pivot irrigation earlier than usual due to the drought conditions. Clarissa Cauthorn tells Brownfield it’s more common to plant corn at the beginning of June than irrigate and the rainfall has been spotty. “For many of us that means we’re getting an inch of rain here and two-tenths of an inch a mile down […]
Soybeans were sharply higher on fund and technical buying, along with gains in crude oil. Contracts bounced off the recent lows, while watching U.S. crop weather. Near-term forecasts for most of the Midwest are generally dry, with scattered rain and warm temperatures. It’s early, but that could still cause some early development issues. Soybean meal and oil were supported by concerns about crop damage, following the lead of beans. Reports […]
Legislation introduced Wednesday would put a moratorium on new signups for the Conservation Reserve Program. Tom Tiffany Congressman Tom Tiffany’s GRAIN For America Act would place a 1-year moratorium on the enrollment of farmland in the Conservation Reserve Program (CRP), which pays farmers to leave land uncultivated. After the 1-year moratorium, the same legislation would prevent prime farmland from being enrolled in the CRP. Tiffany is critical of the Biden […]
