AG Rural News

In this interview with Brownfield, Wells Fargo economist Michael Swanson discusses the impact the coronavirus is having on the ag economy and the general economy. Michael Swanson audio ...
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Congressman Glenn GT Thompson says his vision for the House Ag Committee in terms of policy is to restore a robust rural economy and rebuild rural America. “That means every farm family is doing well, we need to have rural communities be financially viable and it starts with agriculture,” he says. “Number two, my second vision is it’s time to repopulate and rebuild rural America.” Thompson, of Pennsylvania, says improving and expanding broadband access will help achieve that goal. ...
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Ag News

Another dairy processor is calling on its farmers to drastically reduce production. Mitch Breunig Mitch Bruenig and his family operate Mystic Valley Dairy near Sauk City, Wisconsin.  He says, “They’re kind of looking for 20% but they’re at this point, they’re just saying hey if there is anything you can do to dry up cows or sell some cows, we really need you to do that to cut back.” Bruenig tells Brownfield for him, that would mean either drying up or culling about 80 cows, making it hard on the bottom line. ...
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Milk dumping has begun.  West Bend, Wisconsin farmer Chris Elbe operates Golden E Dairy, where they supply milk to Dairy Farmers of America for fluid consumption.  He tells Brownfield the first truckload went in the lagoon Tuesday night. “I was contacted by the section area manager and told that I need to start dumping as soon as possible, so I started dumping at eight-o-clock last night.” Elbe says he’s milking 24-hundred cows and producing about 220 thousand pounds of milk every day. ...
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Ethanol production hit a six and a half year low last week, the first week truly reflecting the impact of COVID-19 related stay at home and social distancing orders on the industry. The U.S. Energy Information Administration says production averaged 840,000 barrels a day, a drop of 165,000 on the week, the largest weekly decline on record. The slowing demand for blending pushed stocks to a record high of 25.707 million barrels, a week to week increase of more 1.577 million barrels. ...
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Dairy Farmers of America has been named the winning bidder for most of the Dean Foods operations.  Dean Foods issued a statement saying DFA will acquire 44 of the Dean Foods fluid and frozen dairy facilities for 433-million dollars as part of a bankruptcy sale. Illinois-based Prairie Farms Dairy was the high bidder for eight dairy facilities, two distribution branches, and other unnamed assets for 75-million in cash. Mana Saves McArthur, LLC, will acquire facilities in Miami, Florida and Producers Dairy Foods will buy the Reno, Nevada plant. ...
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