WEST LAFAYETTE, Ind. (RFD News) — Brazil’s growing second-crop corn production is continuing to increase competition for U.S. farmers in global grain markets.
Dr. Joana Colussi with Purdue University’s Department of Agricultural Economics joined us on Friday’s Market Day Report to break down how production costs and returns compare between farms in the United States and Brazil.
In her conversation with RFD News, Colussi discussed findings from research comparing a typical Iowa corn farm with one located in Mato Grosso, Brazil.
The discussion focused on differences in corn input use and how production costs and gross revenues compared between the two operations.
Colussi also touched on how trade policies and broader market conditions continue influencing profitability for producers in both countries.
The conversation also focused on the agronomic risks associated with second-crop corn production in Mato Grosso and how these factors can influence profitability.
Corey Rosenbusch, President & CEO of The Fertilizer Institute, discusses fertilizer markets transparency efforts and the steps to ensure long-term stability for farmers and the ag economy.
Analysts say poor crop conditions seen on the annual Hard Red Winter Wheat Tour, combined with cheaper overseas grain supplies, are weighing on the industry as the annual tour wraps up.
Farm Bureau Economist Dr. Faith Parum joins us to break down what year-round E15 passage could mean for agriculture, energy markets, and the future of renewable fuels in the United States.
Thailand will not replace major corn buyers overnight, but renewed access could create another outlet for U.S. corn demand.
Kentucky Farm Bureau President Eddie Melton joins us to discuss fertilizer affordability concerns, Senate Agriculture Committee testimony, and spring planting conditions in Kentucky.
Mike Steenhoek with the Soy Transportation Coalition joins us to discuss the proposed federal gas tax suspension, fuel cost pressures, and what the policy could mean for agriculture and transportation.
