Signs U.S. economy slowing down

A University of Missouri extension economist says there are signs the U.S. economy is slowing down. Ben Brown says consumers purchasing less goods impacts farmers. “Meat, and meat demand, and how that could impact grain markets,” he says, “but also how fuel consumption could impact not only ethanol and gasoline consumption, but also movement of…Continue Reading

USDA raises 2025 red meat outlook, cuts poultry, eggs

The USDA has raised its expectations for 2025 U.S. red meat production. Beef is now pegged at 26.565 billion pounds, up 775 million from January because of expectations for increased placements, slaughter, and dressed weights, with an average steer price of $201 per hundredweight, a jump of $5, and higher exports and consumption, with no…Continue Reading

Court halts Trump funding freeze

A federal judge has ordered the Trump administration to pause a funding freeze that affected certain farm programs. U.S. Senator Chuck Grassley tells Brownfield every program in the federal government is going under review. “To see if it’s needed and not wasting the taxpayers’ money. Obviously I don’t think the EQUIP program is one of…Continue Reading

CAUV increases leading to higher property taxes

Increases in Ohio’s Calculated Agricultural Use Value could result in higher property taxes for farmers in 2025. Ohio Farm Bureau’s Associate General Counsel Leah Curtis says CAUV follows the state of the ag economy. “The increases are largely being caused by steady and relatively higher crop prices that we’ve had over the last seven years, as well…Continue Reading

USDA lowers U.S. wheat ending stocks slightly

The USDA has tightened the domestic balance sheet for wheat, while leaving corn and soybeans unchanged. U.S. wheat ending stocks are seen at 794 million bushels, down 4 million from January due to an increase in food use. Nearing the fourth quarter of 2024/25, the average estimated farm price for wheat is $5.55 per bushel.…Continue Reading

USAID funding freeze to shutter Soybean Innovation Lab

The director of the Soybean Innovation Lab says the Trump administration’s decision to cease funding for U.S. Agency for International Development (USAID) projects will hurt soybean farmers.                 Peter Goldsmith says since 2013 the Soybean Innovation Lab has utilized USAID funding to not only bring modern soybean farming practices to Africa, but also processing demand for…Continue Reading

News or lore: you decide

Commentary. The groundhog saw its shadow on the second day of February, so we are all supposed to buckle up and get ready for six more weeks of winter. Have you ever wondered why so many people trust a rodent’s shadow as the portent of winter weather? Somewhere just north of twelve percent of Americans…Continue Reading

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