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Sugarbeet growers in eastern North Dakota and northwest Minnesota had to leave frozen beets unable to be harvested in the ground, with some losing a significant amount of their 2019 crop.
Agricultural lenders say they're growing more concerned about working capital on the farm as profit margins continue to be squeezed. They're also hearing more from their customers about alternative income streams, with hemp and solar energy production topping the list.
At a conference in downtown Washington, D.C., Brazilian agribusiness groups sought to shift the narrative by highlighting "sustainable food" and a "science-based model" for agriculture. They also strongly criticized the view that fires in the Amazon continue to happen because of illegal expansion of ranches and crop production.
