Farmers Increasingly Choosing Higher RP Coverage Levels — Study
A recent look at the state of Illinois shows farmers are increasingly leveraging revenue protection (RP) crop insurance policies at higher coverage levels.
Federal Data Show Surging Farm Incomes; Can It Last?
Driven largely by a more than doubling of federal direct payments to farmers, the USDA Economic Research Service is forecasting a $36 billion increase in net farm income contributing to a total tally of $119.6 billion for 2020.
RMA Updates Prevented Plant, Other Spring Crop Policies for 2021
Officials at the USDA Risk Management Agency (RMA) finalized a round of policy changes for 2021 spring crops this week,…
Watch For These Signs of Trouble in Stored Grain
With fall harvest mostly in the books for 2020, farmers' attention is turning to taking care of the crop in stored grain to maximize its value when marketed.
Crop Insurance Provides Certainty in an Uncertain Year
Like many in the U.S. and around the world, farmers have faced a tough year in 2020. New data show…
Year-end Farmland Gifting? Don’t Forget These Tax Tips
Gifting farmland at the end of a calendar year is a component of many farm succession plans, and for good reason: Doing so allows predecessors to take advantage of an annual gift tax exclusion and federal estate tax exemption.
Farmer Sentiment Slumps on Regulation, Tax Worries
In its monthly report of farmer sentiment, the Purdue University-CME Group Ag Economy Barometer found a decline driven by increasing perceptions that regulations, taxes and trade pressures will all increase after the November elections.
Get Technical to Gauge Lifespan of Current Grain Price Rally
There's always some profit-taking in the grain futures market at the end of a contract month, but when grain prices continued to sag into this week, it threw up red flags among traders and analysts about the sustainability of the price rally moving forward.
Wildfires Severely Hamper PNW Wine Grape Production
Vineyard and winery operators in the Pacific Northwest have faced some of the largest, most dangerous wildfires in history, and even as the flames are extinguished, the challenges haven't ended.
Dean Foods Seeks Farmer Payments to Settle Debt
Dean Foods filed for Chapter 11 Bankruptcy a little over a year ago and was purchased by Dairy Farmers of America six months later.