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Brooks Schaffer Market Report for Tuesday May 20

Brooks Schaffer Market Report for Tuesday May 20

May 20, 2025 | 2:44am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. We had a much quieter Monday this week compared to last week. Both the corn and bean balance sheets are tight enough that we cannot afford any weather hiccup, but with the fast planting pace and a […]
Bipartisan Support in Washington for Stopping Screwworms

Bipartisan Support in Washington for Stopping Screwworms

May 20, 2025 | 2:42am
The push to stop a dangerous livestock pest is gaining traction in Congress. The “STOP Screwworms Act” was introduced by Texas Congressman Tony Gonzales and Texas Senator John Cornyn. It has bipartisan backing as more lawmakers line up behind the plan to keep the New World screwworm from reaching the U.S.  Ethan Lane, Senior Vice […]
North Carolina governor urges state lawmakers to include more Helene aid in upcoming budget

North Carolina governor urges state lawmakers to include more Helene aid in upcoming budget

May 19, 2025 | 5:07pm
RALEIGH, N.C. (AP) — North Carolina Gov. Josh Stein made another request of state lawmakers to commit hundreds of millions more dollars to western North Carolina’s recovery from Hurricane Helene last year. Stein’s proposal announced Monday totals $891 million. The governor says the money will go to addressing critical needs such as revitalizing local economies, repairing town infrastructure and providing housing assistance. The state legislature has already appropriated or made available more than $1 billion for Helene recovery since the storm ravaged the western part of the state in September. Stein also emphasized the need for state funds instead of waiting for “uncertain federal assistance.”
New Varieties of Cotton Being Tested Nationwide

New Varieties of Cotton Being Tested Nationwide

May 19, 2025 | 4:57am
Cotton planting is underway across the country, and alongside the tried-and-true are a selection of test varieties with new and exciting traits that Deltapine test growers from coast to coast will be evaluating for the class of 2026. Deltapine Product Manager Eric Best says the New Product Evaluation program is pretty special. “I think this […]
Meyer: Cattle Bull Market to Remain…For Now

Meyer: Cattle Bull Market to Remain…For Now

May 19, 2025 | 4:11am
Cattle has been in a bull market for quite a while. But how long can the rally last? USDA chief economist Seth Meyer told farm broadcasters that has yet to be determined. “You talk to some of the cow-calf folks, and yes, those feeders are worth a lot of money. But the decision is, do […]
Recent Rains Wipe Out Most Drought in Carolinas

Recent Rains Wipe Out Most Drought in Carolinas

May 16, 2025 | 4:03am
Talking with Assistant State Climatologist Corey Davis from the State Climate Office of North Carolina, and Corey we could wrap up the past week in one word, rain. “Yeah, I think rain, wet, torrential, any of those would be some pretty good adjectives for this past week, we previewed this in the forecast. Last week, […]
Brooks Schaffer Market Report for Friday

Brooks Schaffer Market Report for Friday

May 16, 2025 | 3:21am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. The progress on trade with China and the May USDA report were bullish on Monday. The fast planting progress reported on Monday afternoon weighed on the corn market. Weekly ethanol production report out on Wednesday was not […]
New World Screwworm Presents Potentially Devastating Challenges

New World Screwworm Presents Potentially Devastating Challenges

May 16, 2025 | 12:22am
The New World screwworm is on the radar of U.S. agricultural officials as well as livestock producers across the country. Bernt Nelson, an economist with the American Farm Bureau Federation, says the screwworm is a particularly nasty pest. “This thing is endemic to Central and South America. Adult screwworm flies lay eggs on a wound […]
Wagyu Beef…Straight Outta Clayton, NC!

Wagyu Beef…Straight Outta Clayton, NC!

May 15, 2025 | 12:22pm
Did you know there’s a wagyu beef producer in the Carolinas? Jaclyn Smith is a Jaclyn of all trades, as she and her husband move in the construction space in Clayton, North Carolina. But in 2020 they met a new love. “Our kids came home from school, and we were home from work for a […]
What the EPA’s partial rollback of the ‘forever chemical’ drinking water rule means

What the EPA’s partial rollback of the ‘forever chemical’ drinking water rule means

May 14, 2025 | 9:42pm
The Environmental Protection Agency says it will roll back limits on several types of what are known as forever chemicals in drinking water. The agency, however, will keep limits on the two most common types, called PFOA and PFOS, although it will offer a two-year deadline extension for utilities to comply. PFAS are a group of chemicals that have been around for decades and are incredibly useful in household products, but that resilience also makes them hazardous.