An economist says there continues to be opportunities for the U.S. pork industry in 2025. Erin Borror with the U.S. Meat Export Federation tells Brownfield… “Europe’s production is at historically low levels and that’s expected to continue,” she says. “We see relatively flat production out of Canada and Brazil is growing, but really the US…… Continue Reading
Stay Connected with MO Soy
Missouri Soybeans and their checkoff are developing a new strategic plan to maintain viability and effectiveness. Missouri Soybean Merchandising Council Chairman Mark Lehenbauer encourages farmers to reach out to local directors and stay connected to grow towards more success in the future. The post Stay Connected with MO Soy appeared first on Brownfield Ag News.…… Continue Reading
Industry anticipates expected 45Z announcement
Industry officials say the U.S. Treasury’s declaration that guidance on the 45Z sustainable aviation fuel tax credits is expected by the end of January is a good step. However, John Fuher, with Growth Energy, says the industry needs long-term certainty. “Because these are new investments.” He says, “This is not something we’ve made before. This…… Continue Reading
Closing Grain and Livestock Futures: December 4, 2024
Mar. corn closed at $4.30, down 2 and 1/4 centsJan. soybeans closed at $9.83 and 3/4, down 8 centsJan. soybean meal closed at $291.90, up $1.40Jan. soybean oil closed at 41.42, down 72 pointsMar. wheat closed at $5.48 and 1/4, up 3/4 centFeb. live cattle closed at $188.32, down 75 centsJan. feeder cattle closed at…… Continue Reading
Treasury says 45Z tax guidance coming before new Trump administration
A U.S. Treasury official says renewable fuels producers will be able to take advantage of sustainable aviation fuel tax credits in 2025. Treasury spokesman Michael Martinez tells Brownfield, “Treasury anticipates issuing guidance before the end of the (Biden) Administration that will enable eligible producers to claim the 45Z credit for 2025.” Although there will still…… Continue Reading
Soybeans, corn move lower on South American weather
Soybeans were lower on profit taking and technical selling. South American conditions are generally favorable with USDA’s updated crop production projections out on the 10th and CONAB’s new outlook for Brazil set for the 12th. South Korea bought 30,000 tons of U.S. bean oil ahead of the open, but bean oil was down on product…… Continue Reading
Why Jelly Roll Really Threw His Phone Into Cumberland River
Has Jelly Roll lost his mind? Continue reading…… Continue Reading
Missouri farmer reflects on challenging growing season, better than expected harvest
A northwest Missouri farmer says weather challenges were the theme of his 2024 growing season. Nodaway County farmer Garrett Wood says it was the most difficult spring he’s ever experienced. “I’ve personally farmed for right at 20 years and it was really tough. We were super wet, then we turned off on a 40-day dry…… Continue Reading
Better than expected harvest for North Dakota farmer
A southern North Dakota farmer says the 2024 crop year went better than expected on his farm. Josh Gackle raises 2,800 acres of soybeans, corn, wheat, and barley near Kulm. “The soybean crop was so-so and the corn crop was pretty nice. Anytime we can finish up before Thanksgiving it feels pretty good. We avoid…… Continue Reading
Emotional Day for Music as Feds Seize $18M in Fake Guitars
The U.S. Customs and Border Protection recently made a huge bust in Los Angeles that has caused some waves in the music industry. Continue reading…… Continue Reading
