Expanding E15 use pushes ethanol blend rate to record levels

The chief economist for the Renewable Fuels Association says the U.S. ethanol blend rate hit a record high during the fall. Scott Richman tells Brownfield ethanol accounted for more than 11% of the nation’s gasoline supply in October. “This was the first time the ethanol blend rate exceeded 11% on a monthly basis, which is…Continue Reading

MSU research targets profitability and growth in controlled environment agriculture

Michigan State University researchers are developing more financial resources to help controlled environment growers succeed. Horticulture economics doctoral student Megan Burritt tells Brownfield, “Everybody is considering, as you’re trying to grow your agricultural commodity entity, should I buy a new tractor or should I invest in a new greenhouse?” “All of those things are really…Continue Reading

Benavidez named USDA Chief Economist

The USDA has a new chief economist.  Dr. Justin Benavidez has been selected to replace the retiring Dr. Seth Meyer. Ag Secretary Brooke Rollins says Benavidez brings strong policy experience, deep roots in production agriculture, and a clear understanding of the economic realities facing farmers and ranchers. Ethan Lane with the National Cattlemen’s Beef Association…Continue Reading

Ag economist: USDA ad-hoc aid may shift corn, soybean planting decisions

An ag economist with University of Missouri Extension says the USDA’s latest ad-hoc assistance program will likely impact some acreage decisions this spring. Ben Brown says using planted acres to determine payment rates is the reason. “I just think it starts to get baked into people’s minds that there’s maybe a stronger safety net for…Continue Reading

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