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.
Many soybean farmers see biofuels as a major key to their sustainability. Illinois farmer Brady Holst, who also serves as a director with the Illinois Soybean Association, says demand from the biofuels industry has been a bright spot in the down ag economy. “The biofuel industry has been expanding so much, the crush has been The post Biofuels bring soybean sustainability appeared first on Brownfield Ag News.
At the Chicago Mercantile Exchange, live cattle were mixed, and feeders were lower ahead of the week’s direct cash business. February live cattle closed $.30 higher at $197.05 and April live cattle closed $.17 lower at $197.32. March feeder cattle closed $.80 lower at $267.25 and April feeders closed $1.65 lower at $266.57. Direct cash The post Live cattle futures mixed watching direct business develop appeared first on Brownfield Ag News.
Iowa-based ag cooperative Landus has announced a round of layoffs within the company. In a statement to Brownfield, a Landus spokesperson said they recently cut less than 10% of their team members to meet the demands of the changing ag retail environment. The spokesperson said the exact number of workers impacted was not available. The The post Ag co-op, Landus, to layoff portion of its workforce appeared first on Brownfield Ag News.
An ag researcher says farmers can benefit the most if all conservation practices incentivized through the 45Z tax credit are in place. Michigan State University’s Bruno Basso tells Brownfield, “Ideally, a farmer will choose areas where corn is highly productive and it can be productive with less inputs.” “And, put alternative practices or different crops The post More conservation practices will be rewarded by 45Z credit appeared first on Brownfield Ag News.