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Drought expected to wane in Missouri

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.

More market volatility expected

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.

Biofuels expected to ride oil demand higher

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.

Strong farmland prices expected through the summer

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.

El Nino expected to strengthen heading into winter

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.