Over the weekend, Russian forces hit a grain terminal in a city in southern Ukraine. But a market analyst says the continued fighting in the Black Sea region isn’t changing what the grain markets already know about Ukrainian crop production. “Nothing is going to... Read More.
A meteorologist says that drought conditions in Missouri are improving, and the long-term forecast calls for above-average rain. During the Drought Assessment Committee meeting Tuesday, Jared Maples with the National Weather Service said recent rains have alleviated drought conditions in parts of the state. “Looking... Read More.
A market analyst expects more row crop price volatility. Mike North with ever.ag tells Brownfield the major shift in USDA’s soybean acres in the recent planted acreage report sent new crop prices skyrocketing towards fourteen dollars a bushel, but there was some correction. ... Read More.
A farmer from a large dairy and crop operation in northeastern Wisconsin says the crops look better than he would expect considering how little rain has fallen. Lee Kinnard Lee Kinnard with Kinnard Farms near Casco northeast of Green Bay says their row crops still... Read More.
East Central Kansas farmer Paul Renner says his winter wheat harvest has been a mixed bag so far. “We’ve harvested about four or five fields. The high has been about 45 bushels per acre and low has been in the high teens to mid... Read More.
A new global forecast of oil demand indicates growth for biofuels in the next decade. Troy Bredenkamp with the Renewable Fuels Association tells Brownfield the report from the International Energy Agency suggests ethanol and biodiesel will provide 10 percent of new liquid fuel supplies... Read More.
An ag economist says farmland values are holding strong across the Corn Belt. Creighton University’s Ernie Goss tells Brownfield prices have been higher despite weaker grain markets and high interest rates. “Bankers, when you ask them about it, they’re not expecting farmland price growth... Read More.
The Biden administration plans to release a final set rule under the Renewable Fuel Standard next week. Growth Energy general counsel Joe Kakesh says his group and the Environmental Protection Agency submitted notice to the U.S. District Court of Columbia Tuesday extending the deadline... Read More.
Harvest is underway in the nation’s largest winter wheat producing state and expectations are extremely low. “It’s going to be one of those years that will be referenced in history as far as the number of acres that won’t go to harvest.” Kansas Wheat CEO... Read More.
The National Oceanic and Atmospheric Administration (NOAA) has declared the arrival of El Nino. El Nino is a climate phenomenon that is marked by warmer-than-average sea surface temperatures in the central and eastern Pacific Ocean, but its impact extends beyond the Pacific Ocean. Atmospheric... 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.