Cold but mostly tranquil weather will prevail nearly nationwide during the next several days. However, locally heavy showers will linger today across the lower Southeast, while snow showers will develop downwind of the Great Lakes. During the mid- to late-week period, a storm system will arrive in California and drift eastward across the nation’s …
Category: Ag News
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Dec 04
New ag lender focuses on operating loans
Farmers are beginning to see new types of lending operations that might help them improve their overall financial plan. Bill York with FarmOp Capital talks about a type of loan that’s common in other businesses but is just getting off the ground in agriculture Continue reading New ag lender focuses on operating loans at …
Dec 04
Wisconsin Farm Bureau votes to “consider” possible dairy supply management
Wisconsin Farm Bureau members are not pushing for dairy supply management, but they are willing to consider it. Paul Zimmerman with Wisconsin Farm Bureau tells Brownfield Monday’s lively floor discussion led to policy language that opens the door for possible changes. “They adopted language that we’re willing to consider, where that way, our dairy committee, …
Dec 04
Farmers react to Trump announcement on trade with China
President Trump’s announcement on tariffs and Chinese ag purchases has given farmers including Dave Bechel of Elmwood, Wisconsin some hope. He says, “I’m just hoping that it turns around because some days, I feel like I’m just hanging on by a thread.” John Krings has farmed all of his life near Plum City, Wisconsin, and …
Dec 03
Hemp production expected to skyrocket after farm bill is passed
A processor of industrial hemp expects widespread growth after the passage of the new farm bill. Ken Anderson with Legacy Hemp tells Brownfield the demand for hemp seed is going up. “The crux has always been not having enough buyers, and that’s really because hemp was being put on food and not in food, in …
Dec 03
Senator Blunt relieved trade dispute did not escalate
Missouri Senator Roy Blunt says he’s relieved about the positive outcome of the meeting between Presidents Trump and Xi, but he thinks China needs to clean up its act as a trading partner. Senator Blunt tells Brownfield he’s glad there’s no escalation in the trade dispute between China and the U.S. He says, however, the …
Dec 03
New vessel would cut container shipping time
The Soy Transportation Coalition is exploring a new vessel designed specifically to ship containers on inland waterways. Tom Steever spoke to Mike Steenhoek, Executive Director of the Soy Transportation Coalition, who says the concept would move containers faster and more cost effectively. To find out more, visit mosoy.org. Brought to you by Missouri’s soybean farmers and their …
Dec 03
Worries U.S. has already lost foothold in China
Apprehension about the U.S. losing its foothold in China remain even though leaders from both countries declared a cease fire on tariffs over the weekend. American Soybean Association treasurer Bill Gordon, a farmer from Minnesota, says the U.S. must fight to stay competitive regardless of what the Chinese might agree to. “It’s always going to …
Dec 03
Guebert says focus on restoring farm prosperity
Illinois Farm Bureau president Richard Guebert says the big focus at this year’s annual meeting, going on now in Chicago, is on restoring farm prosperity, “We’re going to have a sense of the delegate resolution that talks about the farm profitability and where we need to go from here and try to get it back …
Dec 03
Hog futures cautious to start the week
At the Chicago Mercantile Exchange, live cattle futures closed lower as it waits for widespread direct cash business. Feeder cattle futures were pressured by the days higher move in corn. December live cattle closed $.05 lower at $116.87 and February live cattle closed $.32 lower at $120.17. January feeder cattle closed $.72 lower at $144.50 …