Analysis from a state soybean organization says each ten-cent drop in soybean prices translates to big cash losses. Missouri Soybean communications director Christine Tew says every dime that comes off the soybean market means almost $25 million in lost cash receipts. “[Farmers are] seeing more than $2 drops in their soybean prices and they’re seeing …
Category: Ag News
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Jun 07
Burrus Seed advice on late soybean planting
An Illinois and Wisconsin agronomist says late planted soybeans are becoming more and more likely. Chris Brown with Burrus Seed says that means more intense management will be needed. “We’re starting out with a lot dirtier fields so we’re having to adjust rates on herbicide control, possibly doing a tillage pass that was not planned.” …
Jun 07
NCGA educates congressional staffers on RFS waiver issue
Congressional staffers in DC have been updated on the impact of RFS waivers granted by the Trump EPA to large oil refineries. NCGA’s Kathy Bergren says there are a lot of issues facing lawmakers and this needs to be in front of them. “We felt that’s particularly timely given that EPA currently has 39 waiver …
Jun 07
Minnesota lawmakers pass Dairy Margin Coverage rebate
Minnesota dairy farmers are encouraged to take advantage of a new rebate program that will help cover Dairy Margin Coverage (DMC) premiums. Minnesota Milk executive director Lucas Sjostrum says state lawmakers passed a bill this session that essentially pays back farmers who sign up for the five-year version of DMC. “We have $8 million secured, …
Jun 07
There must be a pony in here somewhere…
The Federal Reserve this week released its “Beige Book” update, summing up what’s happening and likely to happen in the farm economy for the Fed’s 12 districts. In a nutshell, the big issues, echoes of the last five years, are credit, or lack thereof; trade, as in tariff tirades, foreclosed markets and nowhere to turn, …
Jun 07
Feds to help with Missouri damage assessments
Governor Mike Parson has requested Federal Emergency Management Agency help with damage assessments across 56 Missouri counties. The joint teams will survey damage from tornadoes and flooding in preparation for a gubernatorial request for federal disaster assistance. “Since March, nearly every corner of the state has been impacted by historic flooding, destructive tornadoes, and severe …
Jun 07
Drier, but cool days ahead for the Heartland
The focus for heavy precipitation will continue to shift to the Southeast, although occasional showers will persist across the Plains and Midwest. Five-day rainfall totals should reach 2 to 10 inches from Kentucky and Virginia southward to the Gulf Coast. Parts of the Northeast will also receive heavy rain, totaling 1 to 3 inches. Widely …
Jun 07
Crop insurance reward program supports cover crops
The recently approved Illinois budget includes funding for a crop insurance reward program highlighting cover crops. “Farmers who have crop insurance and also plant cover crops will be eligible for a $5 reward off of their crop insurance bill next year.” Kris Reynolds with American Farmland Trust tells Brownfield the goal of the program is …
Jun 07
Somewhat more favorable weather for the Heartland
Across the Corn Belt, warm, mostly dry weather favors some late-season corn and soybean planting efforts, except in areas where lowlands are flooded or soils remain too wet to support heavy equipment. A few showers linger, however, in some southern production areas, including the Ohio Valley. On the Plains, cooler air and scattered showers are …
Jun 06
Member of Congress tells Trump to keep immigration and trade separate
Minnesota’s Second District Representative echoes other members of Congress who say President Trump should not intertwine trade and immigration. Democrat Angie Craig tells Brownfield new tariffs on Mexico could destroy the U.S. Mexico Canada Agreement. “And we really need people in the room who understand just how bad it is and how much worse it’s …
