December 4, 2024

A University of Wisconsin researcher says farmers should consider controlling how much water their drainage systems let out of the fields.  Steven Hall tells Brownfield many farmers use drain tile systems to remove excess water from fields, but many could be gaining additional benefits by having a control gate at the outlet. “You can put […] The post Consider having more control over drainage systems appeared first on Brownfield Ag News. View Full Story

The past chairman of National Sorghum Producers says he expects some movement on the farm bill before the holidays. Craig Meeker tells Brownfield Congress could move on disaster relief during the lame duck session. “I think there’s definitely going to be some opportunities with disaster assistance, economic assistance, kind of as a bridge between that, […] The post National Sorghum Producers past chair expecting some farm bill movement before holidays appeared first on Brownfield Ag News. View Full Story

Interest can be a hidden cost farmers need to manage. Joe Barker is with CHS Hedging. “When I talk to farmers about marketing their crop, I try to remind them about the cost of money and what can happen to them on interest costs.” He tells Brownfield recent data from the Federal Reserve Bank of […] The post Watch interest costs appeared first on Brownfield Ag News. View Full Story

An economist says there continues to be opportunities for the U.S. pork industry in 2025. Erin Borror with the U.S. Meat Export Federation tells Brownfield… “Europe’s production is at historically low levels and that’s expected to continue,” she says. “We see relatively flat production out of Canada and Brazil is growing, but really the US […] The post Economist says pork industry opportunities could expand in 2025 appeared first on Brownfield Ag News. View Full Story

Missouri Soybeans and their checkoff are developing a new strategic plan to maintain viability and effectiveness. Missouri Soybean Merchandising Council Chairman Mark Lehenbauer encourages farmers to reach out to local directors and stay connected to grow towards more success in the future. The post Stay Connected with MO Soy appeared first on Brownfield Ag News. View Full Story

Industry officials say the U.S. Treasury’s declaration that guidance on the 45Z sustainable aviation fuel tax credits is expected by the end of January is a good step. However, John Fuher, with Growth Energy, says the industry needs long-term certainty. “Because these are new investments.”  He says, “This is not something we’ve made before. This […] The post Industry anticipates expected 45Z announcement appeared first on Brownfield Ag News. View Full Story

Mar. corn closed at $4.30, down 2 and 1/4 centsJan. soybeans closed at $9.83 and 3/4, down 8 centsJan. soybean meal closed at $291.90, up $1.40Jan. soybean oil closed at 41.42, down 72 pointsMar. wheat closed at $5.48 and 1/4, up 3/4 centFeb. live cattle closed at $188.32, down 75 centsJan. feeder cattle closed at […] The post Closing Grain and Livestock Futures: December 4, 2024 appeared first on Brownfield Ag News. View Full Story

A U.S. Treasury official says renewable fuels producers will be able to take advantage of sustainable aviation fuel tax credits in 2025. Treasury spokesman Michael Martinez tells Brownfield, “Treasury anticipates issuing guidance before the end of the (Biden) Administration that will enable eligible producers to claim the 45Z credit for 2025.” Although there will still […] The post Treasury says 45Z tax guidance coming before new Trump administration appeared first on Brownfield Ag News. View Full Story

Soybeans were lower on profit taking and technical selling. South American conditions are generally favorable with USDA’s updated crop production projections out on the 10th and CONAB’s new outlook for Brazil set for the 12th. South Korea bought 30,000 tons of U.S. bean oil ahead of the open, but bean oil was down on product […] The post Soybeans, corn move lower on South American weather appeared first on Brownfield Ag News. View Full Story