Farm income decrease spans three years

Farm income has dropped for the third straight year.  The USDA says producers’ net cash income has fallen another two-and-a-half percent. “When you look at the last three years, we haven’t had that collective downturn since the 1920s,” said Jim Weisemeyer with Informa Economics, in an interview with Brownfield Ag News Wednesday.  “That says a… Read more »

Vilsack touts conservation and research aspects of FY2017 budget

Ag Secretary Tom Vilsack says President Obama’s fiscal year 2017 budget will enhance conservation and ag research projects. Vilsack told reporters the dollars would be invested in environmental stewardship. “This budget provides resources for 44 million additional acres in our conservation programs, including for our RCPP Program; roughly $38 million dollars above what we had allocated for RCPP.”… Read more »

Administration renews call for crop insurance cuts

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President Obama’s 2017 budget request to Congress includes a proposal to cut the federal crop insurance program by 18 billion dollars over ten years. The proposed budget would reduce the subsidies provided to farmers for harvest price revenue coverage. It also calls for reforming prevented planting crop insurance. The chairmen of the Senate and House… Read more »

Ellspermann steps down; Pence announces nominee for Lt. Gov

Indiana Lt. Governor Sue Ellspermann today (Tuesday) announced plans to resign as she pursues the position of president at Ivy Tech Community College. Under Indiana law, the Lt. Governor also serves as the president of the Indiana Senate and as Secretary of Agriculture and Rural Development. Governor Mike Pence announced Eric Holcomb as his nominee… Read more »

Argentina likely to increase corn acreage

An election of a new president in Argentina has created additional opportunities for that country’s farmers and an analyst says it is just the beginning. Michael Cordonnier, president of Soybean and Corn Advisors says president Mauricio Macri has implemented many of the changes farmers have been asking for over the last decade.  “He devalued a… Read more »

Wisconsin dairy farmers and local officials plan to meet

A Wisconsin dairy leader says rural roads and maintaining a transportation system are major concerns of the state’s agricultural industry. Professional Dairy Producers of Wisconsin Executive Director Shelly Meyer tells Brownfield two Agricultural Community Engagement (ACE) regional meetings will discuss the importance of maintaining rural roads as well as address water quality, land use and… Read more »

Crop insurance could be target for cuts

Another attempt to cut federal crop insurance is expected to be part of President’s Obama’s 2017 budget proposal, which is scheduled to be released today (Tuesday). Last year the Administration called for 16 billion dollars in cuts to the insurance program, but Congress rejected that proposal. Iowa Senator Chuck Grassley, a member of the Senate… Read more »

Syngenta-ChemChina deal faces security scrutiny

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Even though Syngenta is based in Switzerland, the proposed purchase of the seed and chemical company by the Chinese firm ChemChina will undergo a U.S. national security review. The investigation will be conducted by the Committee on Foreign Investments in the United States, which is comprised of representatives from 16 U.S. agencies, including Treasury, Homeland… Read more »

Projecting big South American crops

Private analysts are predicting big South American corn and soybean crops.  Dr. Michael Cordonnier (core-doe-knee-air), president of Soybean and Corn Advisors says he has the Brazilian soybean crop at 98 million tons.  “We started out a little bit higher – but then we had drier weather in November and December – especially in central Brazil,”… Read more »

Donnelly named Friend of Farmers

Indiana corn and soybean farmers honored Senator Joe Donnelly for his support of Indiana agriculture with its inaugural “Friend of Farmers” award. Indiana Soybean Alliance director Kevin Wilson of Walton says Indiana farmers have been lucky to work with someone in Washington, DC that recognizes the issues important to agriculture. “All of the time we’ve… Read more »