A U.S. delegation is planning to continue trade talks with Chinese officials in Beijing the second week of January. Bloomberg reports that the delegation will be led by Deputy U.S. Trade Representative Jeffrey Gerrish. Earlier this month, Treasury Secretary Steven Mnuchin said both countries are working on “documenting an agreement” before the March 1st deadline. …
Category: Ag News
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Dec 27
The federal shutdown is all about 2020
‘Tis the season for those in government to list publicly their achievements of the past year. Congressional leaders proudly point to legislation enacted, while bureaucrats list their department/agency efficiencies and regulatory promulgation. Don’t get me wrong – this practice is a good thing. The public needs to know the federal government can actually get things …
Dec 27
Bankers have questions, concerns about hemp
Agricultural bankers still have some reservations about industrial hemp, even with hemp-friendly language in the 2018 Farm Bill. Chief Operating Officer Mike Semmann with the Wisconsin Banker’s Association says, “Bankers are really telling us to tap the brake here a little bit.” Semmann tells Brownfield they’re looking at the federal rules and the 2018 Farm Bill …
Dec 27
Is Bt corn worth the investment in 2019?
An integrated pest management specialist expects more farmers to consider cutting back on Bt corn in 2019 to reduce costs. But, at what cost? Bruce Potter with University of Minnesota Extension says he worked on a European corn borer survey this fall. He tells Brownfield the data can help farmers weigh the pros and cons …
Dec 26
New WOTUS rule is ‘relief’ to corn producers
The president of the National Corn Growers Association, Lynn Chrisp, says the new Waters of the U.S. (WOTUS) rule released by the EPA is a major improvement over the previous WOTUS rule—which he describes as “a trainwreck”. Chrisp says the release of the new rule is a relief to corn producers across the country. “Because …
Dec 26
Live cattle mixed ahead of week’s direct trade
Chicago Mercantile Exchange live cattle futures were mixed, getting ready for the week’s direct cash business, while watching weather in the major feeding areas and waiting for developments in global trade discussions. December was $.47 higher at $121.35 and February was $.02 lower at $122.75. Feeder cattle were supported by the lower corn, with traders …
Dec 26
Missouri Cattle Industry Convention and Trade Show
Brownfield’s Cyndi Young, Tom Steever, Meghan Grebner and Shannon Yokley will be on the ground for the 51st Annual Missouri Cattle Industry Convention and Trade Show January 4 – 6, 2018. Continue reading Missouri Cattle Industry Convention and Trade Show at Brownfield Ag News.
Dec 26
China cuts import tariffs, trade talks continue
China’s Ministry of Finance says it will remove import tariffs on more than 700 goods beginning January 1st. China will remove tariffs on some ingredients for livestock feed including sunflower and canola meals. It will also cut export tariffs on nearly 100 goods including fertilizer. This is the third round of tariff cuts announced by …
Dec 26
Now is the time to plan for the 2019 growing season
Purdue University Extension Specialist Bob Nielsen says after a drawn-out harvest, now is the time to plan for the 2019 growing season. “It certainly behooves you to spend some time looking at performance data from variety trials and looking for not just good genetic potential, but some sense of whether a hybrid can tolerate a …
Dec 26
Markets wait for China news
The soybean market is waiting for news of more purchases by China. Market analyst Arlan Suderman, chief commodities economist with INTL FCStone, says there are rumors of another two million metric tons to be purchased by the Chinese. “At this point, that probably would not be enough to really materially move the market,” Suderman says. …