A South-Central Nebraska farmer says the cost of producing this year’s crop is a major concern partly because of historic drought. Randy Uhrmacher tells Brownfield irrigation could be his biggest expense and may need $5 per bushel corn to breakeven. “We could easily have... Read More.
The chief economist for Senate Ag Republicans says production costs won’t provide farmers much relief in 2024. John Newton tells Brownfield as the farm bill debate continues — understanding costs is critical. “They’re the third highest all time. Look at the break even cost of... Read More.
The cost of a July 4th cookout is down slightly compared to last year, according to the latest American Farm Bureau marketbasket survey. Chief Economist Roger Cryan says that Americans are paying more at the grocery store than they were two years ago. “While prices... Read More.
A livestock economist says the decline in diesel prices has provided relief to cattle transportation costs. Elliot Dennis with the University of Nebraska-Lincoln says this has had a significant impact on margins. “Interest rates are rising, cattle prices are rising and now we... Read More.
A new report from CoBank shows that the cost of storing grain for elevators has hit record highs and that’s a mixed bag for the ag industry. Economist Tanner Ehmke tells Brownfield higher interest rates, in addition to more expensive labor, transportation and energy... Read More.