An ag economist says he doesn’t expect the outlook for the farm economy to improve anytime soon. University of Missouri’s Scott Brown says profitability in the sector hasn’t been this slim since 2018-2019. “Input costs continue to be fairly high for producers of almost all our commodities, and labor stays high,” he says. “From a…… Continue Reading
U.S. ethanol production declined last week. The U.S. Energy Information Administration says production averaged 1.067 million barrels a day, down 42,000 from the previous week’s all-time high, but up 44,000 from a year ago. Iowa State University’s Center for Agricultural and Rural Development says estimated operating margins for the average Iowa plant remain in the…… Continue Reading