The executive head of Terrain says early projections for 2026 farm incomes are worrisome. John Newton says several factors could bring aggregate U.S. net farm incomes down by as much as 23%. “Projections show elevated input costs.” He says, “They’re going to continue to be elevated, but crop prices are going to be flat to lower. …… Continue Reading
An active weather pattern again returns to the Heartland; flooding & severe weather expected
Across the Corn Belt, cool weather prevails, except across the southwestern tier of the region. Scattered frost was reported early Monday in the upper Great Lakes region, including northern sections of Minnesota and Wisconsin. Meanwhile, a band of rain stretches from the Dakotas into the lower Ohio Valley, accompanied by thunder in parts of the…… Continue Reading
Minneapolis Fed survey reflects continued weakness in ag economy
A survey of Upper Midwestern banks that specialize in ag lending shows net farm income decreasing along with less capital spending. Joe Mahon with the Federal Reserve Bank of Minneapolis says incomes have been declining for nearly two years in the 9th District, which includes Minnesota, the Dakotas, and parts of Wisconsin and Michigan. “We…… Continue Reading
Sarah Hagenow selected as 78th Alice in Dairyland
Wisconsin’s new Alice in Dairyland is Sarah Hagenow from Poynette. Hagenow was chosen from six top candidates during ceremonies held in Crawford County Saturday, and she tells Brownfield she’s ready to represent Wisconsin agriculture. “I’m just excited to show how my skills and capabilities will help the Alice program and also showcase a little bit…… Continue Reading
MO water rights bill passes
Missouri lawmakers have approved a bill that would require a permit to export water outside of the state. Jacob Knaebel with the Missouri Corn Growers Association says it’s good news for farmers, “What are we doing in Missouri to make sure our water resources aren’t being sent elsewhere, especially in times of drought, like we…… Continue Reading
MSU weighs in on digester bill
Michigan lawmakers are considering 15 years of digestate land application research from Michigan State University as hearings continue for pending bipartisan legislation. Anaerobic Digestion Research and Education Center director Dr. Wei Liao testified this week before the Michigan House Agriculture Committee. “We have a 15 wells on our southern campus, four of them exactly located…… Continue Reading
MO ag infrastructure could be in special session
Missouri Governor Mike Kehoe says capital improvement funding could be on the agenda when he calls a special legislative session, “You know, the House position on trying to leave a significant amount of money on the bottom line for future years that we might see a tougher budget process, I respect their position doing that…the…… Continue Reading
SHIPS for America Act reintroduced, Sen. Young says it could benefit US agriculture
Legislation has been reintroduced in the US Senate that could help boost ag exports by revitalizing the nation’s shipbuilding industry. Senator Todd Young of Indiana, co-author of the Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for America Act, says recent trade tensions with China have highlighted how much the US relies on foreign vessels.…… Continue Reading
Iowa Representative welcomes pharmacy benefit management reform
An Iowa lawmaker is pleased legislation that addresses rural healthcare concerns passed this session. Representative Shannon Latham tells Brownfield pharmacy benefit management reform was one of her priorities. “We have seen the number of independent pharmacies just drop drastically, especially in rural Iowa. And one of the reasons why is because these pharmacy benefit managers…… Continue Reading
Soybeans, bean oil consolidate
Soybeans were mixed, also ending the week mixed. Contracts consolidated in light trade volume after Thursday’s drop, after initial support from the solid NOPA member crush numbers from April and oversold signals. Beans essentially continued to follow the lead of bean oil, which also consolidated after Thursday’s limit down move linked to RVO concerns. An…… Continue Reading
