Is the milk price cycle shifting?

Top Story

A dairy business specialist says current dairy market conditions are starting to shift traditional price cycles. Farm lender and Vita Plus Business Development Manager Gary Sipiorski tells Brownfield since 1983 when milk supports were eliminated, the dairy industry has averaged a three year price cycle of highs and lows.  “That’s when we started to see… Read more »

Ceremonial signing of TPP

Top Story

U.S. Trade Representative Michael Froman and trade ministers from the 11 other countries in the Trans Pacific Partnership have signed the deal at a ceremony in New Zealand. But, the TPP agreement needs ratification in each country to go forward and it’s unlikely that will happen in the U.S. before the November elections. Froman says… Read more »

Syngenta says ChemChina’s offer a good deal

Top Story

The Chief Operating Officer of Swiss-based Syngenta company has confirmed the offer by ChemChina to purchase 100% of Syngenta shares. Davor Pisk tells reporters the Board of Directors of Syngenta is unanimously recommending the deal to shareholders — a more than $43 Billion dollar cash offer. Davor told reporters, “It underpins our current strategy and allows… Read more »

Ethanol supporters push back against ‘false narrative’

Top Story

Ethanol supporters are pushing back against what they say is a “false narrative” regarding Senator Ted Cruz’s victory in the Iowa caucuses. Some political pundits say Cruz’s victory is a sign that the ethanol industry may be losing its political clout. But Monte Shaw, executive director of the Iowa Renewable Fuels Association, says Cruz’s showing… Read more »

MO A-G files complaint in water diversion case

Top Story

Missouri’s Attorney General is taking another step to try and block a diversion of Missouri River water. Chris Koster filed a supplemental complaint late last week in U.S. District Court in Washington, D.C., alleging the US Bureau of Reclamation violated federal law and an earlier court order by failing to do a study of the… Read more »

CME president listens to cattlemen’s concerns

Top Story

The president of the CME Group says they will investigate ways to reduce volatility in the cattle futures market. Speaking to a standing room only crowd at a meeting of the National Cattlemen’s Beef Association’s (NCBA) Cattle Marketing Committee in San Diego, Terry Duffy said the CME understands their concerns and will look for solutions. … Read more »

Futures market concerns on cattlemen’s agenda

Top Story

Concerns over extreme volatility in the cattle futures market will be in the spotlight today (Friday) at the Cattle Industry Convention in San Diego. The president of the CME Group, Terry Duffy, will address those concerns in a meeting with the Cattle Marketing Committee of the National Cattlemen’s Beef Association (NCBA). Garner, Iowa cattleman Ed Greiman… Read more »

Agriculture and the 2016 election

Top Story

The first test of the 2016 Election season is Monday. O. Kay Henderson, news director for Brownfield’s sister network Radio Iowa says there are four agricultural issues presidential hopefuls have been focusing as they’ve been campaigning through Iowa.  Those are the Renewable Fuels Standard, farm subsidies, Waters of the US, and trade – specifically the… Read more »

USDA has funds for wetlands mitigation banks

Top Story

Nine-million dollars is available to set up agriculture-only Wetland Mitigation banks. Ag Secretary Tom Vilsack says it’s money authorized by Congress through the 2014 Farm Bill. Vilsack says mitigation banks can be a helpful tool for farmers, “Where producers can purchase credits generated from previously drained wetlands which are restored and approved for wetland mitigation… Read more »

Path cleared for Enlist Duo this year

Top Story

Growers will be able to use Dow’s Enlist Duo this growing season if they choose. A federal appeals court has denied the EPA’s motion to vacate registration for the active ingredients in the product. The EPA had petitioned to vacate the label – saying it needed to do more study of the ingredients: 2,4-D choline… Read more »