Rising Input Prices and Tax Increases Cause Sharp Ag Economy Barometer Declines in May
The monthly Purdue University/CME Group Ag Economy Barometer was down 20% in May with a score of 158 — this is the lowest reading since September 2020.
2021 Crop Progress: Planting Completion Rates and Initial Quality Ratings
Recent USDA crop reports show continued progress for 2021 corn and soybeans plantings — up 5% and 9% respectfully from last week.
Northern Iowa No Till Soybeans Hit Hard With Late-Year Freeze
Northern Corn Belt Farmers are still assessing this weekend’s cold snap and if it caused any damage to their fields.
New Pandemic Cover Crop Program Helps Producers Continue Cover Crop Systems
Farmers who plant cover crops are now able to earn a $5 premium benefit on crop insurance through the USDA’s…
Major Meatpacking Plant Temporarily Shuts Down Several Locations Post-Cyberattack
JBS was forced to shut down select shifts in U.S. and Canadian meat plants on Monday and Tuesday to resolve issues caused by an organized cybersecurity attack.
Plains and Southwest Regional Rains Are Too Little Too Late
Despite recent respites of rain, U.S. Plains and Southwest regions are experiencing dire drought conditions. Crop producers are struggling to source water for irrigation as regional snowpack continues to deplete.
Forage Seed Crop Provision Updates for 2022
The Federal Crop Insurance Corporation (FCIC) amended the Forage Seeding Crop Provisions for the 2022 and succeeding Crop year. Product…
$200 Billion of Ag Climate Funding Proposed by Lawmakers
Late last week 30 Democrats in the House and Senate sent a letter to congressional leaders requesting “a substantial investment…
The Effect of COVID-19 On Farmland Sales
Of the many socioeconomic changes caused by the coronavirus pandemic, one that has more or less flown under the radar is its impact on farmland sales.
Re-Opened Restaurants and Summer Grilling Spells Hope for Near-Term Livestock Price Volatility
Commodity market volatility has continued throughout the livestock sector causing some concern among producers.