Plus, do you remember Dolly Parton’s Top 10 list on the Late Show? Continue reading…… Continue Reading
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October RMI: Rural economy falls to five-year low
The latest Rural Mainstreet Index shows the ag economy has slumped to a five-year low. Ag economist Ernie Goss with Creighton University says weak agriculture commodity prices continue to dampen economic activity in the Midwest. “It’s certainly not good with corn, soybeans, and wheat, which is the three products we tend to focus on in…… Continue Reading
Minnesota farmer: “We put grain in every little nook and cranny” amid price pressures
Many farmers are maximizing grain storage because of low harvest prices. Wanda Patsche grows corn and soybeans near Welcome in south-central Minnesota. “We put grain in every little nook and cranny that we had on the farm, so we had some smaller bins that we typically may not have used in the past that we…… Continue Reading
Existing ag-tech could help mitigate screwworm risks for the U.S. beef industry
An ag innovator says existing ag-tech infrastructure could be useful if New World screwworm were to re-enter the United States. Andrew Coppin, CEO of RanchBot, a real-time monitoring platform, says there currently isn’t technology available to identify the pest remotely. “But where we can play a serious role is, of course, by minimizing the amount…… Continue Reading
Live cattle futures rebound to start the week
At the Chicago Mercantile Exchange, live cattle were up on an oversold bounce, feeders were mostly lower as the market awaits additional details on the government’s intervention in retail beef prices. December live cattle closed $1.82 higher at $243.65 and February live cattle closed $1.70 higher at $244.52. November feeder cattle closed $.97 higher at…… Continue Reading
Corn yields down, moisture levels up after challenging growing season
A central Indiana farmer says his corn crop is variable and yields are below expectations. Chris Cherry says inconsistent weather throughout the growing season impacted this year’s crop. “We’re seeing anywhere from 150 to 220,” he says. “Where it was 150, we had too much water early combined with the drought late. Where the corn…… Continue Reading
Rain has delayed harvest, but boosts crop yields
A farmer in north-central Missouri says wet weather and rain delays are stretching out harvest. Brandon Thiel in Saline County says the overcast skies and dewy mornings make it hard for the soybeans to dry out, and he’s had to be patient. “We had a really dry August and we weren’t sure what we were…… Continue Reading
Bayer: glyphosate’s future uncertain amid ongoing Roundup lawsuits
A representative for Bayer says the fate of glyphosate remains uncertain due to ongoing legal challenges. “We’re going to do our very best to keep access to glyphosate,” says Jess Christiansen, the head of crop science communications with Bayer. The Missouri Supreme Court has recently decided not to review an appeal from Bayer in a…… Continue Reading
Compeer’s Economic Minute – Impacts of Government Shutdown on Agricultural Economy and Market Trends
In this episode with Ag Economist Dr. Megan Roberts, we discuss the economic impacts of a government shutdown on farmers, delayed USDA data releases, and potential impacts on government payments. She highlights the importance of monitoring controllable factors like crop management and basis levels, macroeconomic factors like unemployment and inflation, and their influence on interest…… Continue Reading
Soybean prices climb on strong domestic demand, China trade hopes
Soybeans were higher on commercial and technical buying. Beans had another round of spillover from meal on domestic demand as they continue to wait for the end-of-the-month tariff meeting with China. The face-to-face talks between President Trump and President Xi doesn’t happen until the end of the month and while there has been a lot…… Continue Reading
