Catch the 60 second Market Reports from Brownfield everyday Monday thru Friday. The Opening Market Report is at 9:45am, the Midday Market Report is at 11:45am, and the Closing Market Report is at 3:45pm on Y1013 Y Country.
A rice specialist in the Missouri Bootheel says there’s a shortage of rice seed as spring planting begins. “We’re predicted to have an increase in rice acres and that will happen, but it probably could be a little more if we had more rice seed availability.” Justin Chlapecka with the University of Missouri Extension the rice seed is selling out partly due to increased acres. “I’ve heard rumors RiceTec had a down production year so there’s not as much hybrid seed available, especially certain hybrids desired by farmers. ...
The USDA is expecting fewer corn acres to be planted in the United States this year and an ag economist says if realized, that could help with profitability. “Albeit small profitability, but we might see some profitability in the corn market in 2024.” Ben Brown with the University of Missouri Extension tells Brownfield at least a 4-million-acre reduction is needed to make breakeven happen for many corn producers. But he also says… “None of the crops needed acres. ...
Missouri Farm Bureau is getting closer to offering a health plan option to its members. President Garrett Hawkins says the Missouri House approved a bill, sponsored by Representative Kurtis Gregory, to make that happen and a similar bill will be considered in the Senate. “We’ll be asking the leader of the Senate and bill sponsor Senator Sandy Crawford what help they need to get the conversation jumpstarted within their chamber.” The state legislature wraps up in mid-May and Hawkins says there’s still plenty of time left to get this passed. ...
A U.S. Congressman from Missouri says it’s realistic to advance the new farm bill through the House this year. Sam Graves tells Brownfield “I know Chairman Thompson is working very hard to make sure it happens. I think we’ll see a short-term extension through December, but he’s optimistic we’ll see it done and hopefully, the Senate can move it.” Graves says the Senate is having challenges moving legislation and that might be a big hurdle for the farm bill. ...