Will the Fed cut rates in September?

An ag economist says rural bankers are monitoring the possibility of an interest rate cut in September. Ernie Goss with Creighton University says six out of 10 bank CEOs in the latest Rural Mainstreet Index supported a Federal Reserve rate cut at its September meeting. “That would help out on the short end, but that’s…… Continue Reading

Low Mississippi River and reduced demand affecting basis

The Mississippi River has the potential to drop to severe lows at harvest for the fourth year in a row and an ag economist with University of Arkansas Extension says basis will be affected. Hunter Biram says it gets expensive to ship lighter loads of soybeans via barge down the river and that cost is…… Continue Reading

Dairy leaders closely watching EU trading details

U.S. dairy leaders say the recently announced trade framework with the European Union has some gaps. Shawna Morris with the U.S. Dairy Export Council points to geographical indications. “The EU’s approach of saying we’re the only ones that can use these super special words that have already been produced quite a long time by us and other…… Continue Reading

Delta cotton farmers say they’re trying to survive

Two cotton farmers in the Delta say multiple years of high input costs and low commodity prices have caused a dire economic situation. Barry Bean is a farmer based in Pemiscot, Dunklin and New Madrid Counties in Missouri. “We’re producing a crop that’s worth about 62 cents (per pound) today, net in your pocket. It…… Continue Reading

Nebraska State Fair’s Beef Pit helps educate consumers about ag

A favorite food spot at the Nebraska State Fair is helping promote the agriculture industry to fairgoers. Matthew Melchor, with the Nebraska Cattleman, says the Beef Pit serves an average of 16,000 sandwiches each year. “We are here to promote beef products and get people out to try some different things, so all of our funds…… Continue Reading

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