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Economist urges caution to farmers looking to buy land, USDA report shows record prices

Tuesday, August 8 by Brownfield Ag News

An annual report from the USDA shows that cropland values continue to increase, and an ag economist says producers should be cautious before buying any land. Jim Jansen with the University of Nebraska-Lincoln says prices are unlikely to improve anytime soon. “It’s the... Read More.

Economist says next USDA yield guess will give insight to feed costs for livestock producers

Monday, August 7 by Brownfield Ag News

A livestock economist says he’s watching what the USDA does with corn and soybean yields in this week’s upcoming Supply and Demand report. University of Missouri’s Scott Brown says there’s a lot of variability in crop conditions and development throughout the Corn... Read More.

Economist says Brazil could be biggest US competitor for exports for several years

Thursday, July 13 by Brownfield Ag News

An ag economist says increasing export competition from Brazil is not good news for American producers. Jim McCormick with AgMarket.Net says competition has ramped up since the early 2000’s. “They’re spending a lot of investments to expand their capacity in their ports and export facilities.... Read More.

Market volatility continues, economist says risk management remains vital

Wednesday, July 5 by Brownfield Ag News

An economist says livestock producers will continue to face some serious headwinds when it comes to feed costs. University of Missouri’s Scott Brown says, “The focus should be on when producers can lock some reasonable profitability and take some risk off the table.” He... Read More.

Livestock economist says risk management crucial as market volatility continues

Tuesday, June 20 by Brownfield Ag News

A livestock economist is urging cattle producers to take a hard look at risk management strategies as dry weather fuels more volatile corn and soybean markets. University of Missouri’s Scott Brown says the weather in Iowa, Illinois, and Indiana this summer will matter. “In... Read More.

Ag economist says tentative labor will be a night/day difference

Friday, June 16 by Brownfield Ag News

An ag economist says the tentative labor deal for West Coast ports will make a night and day difference for exports of U.S. ag products. West Coast ports play a vital role in the supply chain for exports of ag goods to Asian customers. University... Read More.

Economist says market development funding should be a priority in farm bill talks

Monday, June 12 by Brownfield Ag News

An ag economist says ag groups should also prioritize funding for market development as the 2023 Farm Bill debate continues. University of Missouri’s Scott Brown building new markets is costly. He says while producers might not see immediate returns, those investments are critical in... Read More.

Economist prefers transitioning away from milk marketing orders

Wednesday, June 7 by Brownfield Ag News

An Ohio State professor would like to see the dairy industry transition away from the Federal Milk Marketing Order system. Dr. Normand St. Pierre tells Brownfield Class One fluid milk is forward priced, and Class III for cheese and Class IV for butter... Read More.

Food economist discusses price trends

Friday, June 2 by Brownfield Ag News

A food economist says the rate of food price increases is starting to moderate. David Ortega with Michigan State University tells Brownfield that doesn’t mean prices will revert to pre-pandemic levels. “Consumers are seeing some relief, for example, egg prices—those have come down, but overall... Read More.

Economist says reduced gasoline use will negatively impact farmers

Friday, June 2 by Brownfield Ag News

An economist with CoBank says the trend towards reduced gasoline use will have an impact on farmers and the transportation sector. Teri Viswanath Teri Viswanath tells Brownfield as people transition to electric and more efficient gasoline vehicles, less gasoline will be produced and, “43% of... Read More.

Stories tagged with: economist