Early signs of pressure in the ag economy

A senior economist at the Federal Reserve Bank of Kansas City says she’s seeing more pressure on the ag economy. Cortney Cowley says farm income is declining. “We say early signs because the way we measure farm income is by asking agricultural lenders if farm income in their lending area is higher or lower or unchanged…… Continue Reading

Clean Fuels Alliance partners with PepsiCo to meet decarbonization goals

Clean Fuels Alliance America wants to see an increase of lower carbon biofuels. Director of State Governmental Affairs Jeff Earl tells Brownfield… “We need good, strong policy to send that market signal and also provide any kind of incentive that might be necessary to help encourage more use of our fuels,” he says. Earl says using biodiesel…… Continue Reading

Bleak outlook for corn and soybean prices through harvest

A market analyst sees a bleak outlook for corn and soybean prices going into harvest. Jamey Kohake with Paragon Investments says a record crop is waiting to come online. “Saw big numbers from Pro Farmer (and) it looks like pretty much anywhere but southern Minnesota does have a very good crop.” Speaking to Brownfield at…… Continue Reading

Growth in farmland values is slowing

 A senior economist at the Federal Reserve Bank of Kansas City says growth in farmland values has slowed. Cortney Cowley tells Brownfield… “That means that you could buy a treasury bond or or invest in a lower risk entity and make more money on it than buying farmland,” she says. She says it may only…… Continue Reading

Beck’s Hybrids expects good seed supply for ‘25

The central region business manager for Beck’s Hybrids says the company expects adequate seed supplies for 2025. Clint Prange tells Brownfield… “Seed production looks very good right now.”  He says, “We even ramped up production that much more coming off of last year because we had such high demand to make sure that we have…… Continue Reading

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