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The National Drought Mitigation Center estimates 67% of corn and 60% of soybeans are still considered to be in drought, a slight improvement from last week when drought covered 70% of corn and 63% of soybeans.
Paul Schadegg, with Farmers National Company, shares his perspective on agricultural real estate demand, the impact of interest rates on the market and the outlook for land values later this year.
USDA assumes that $1.504 billion of ERP Phase 2 claims will be filed by July 14, but we believe the final number will be much lower. Here’s a rundown from Paul Neiffer.
Flattened corn can often recover, stand and produce decent yields. Soybeans can shake off a storm and flourish, but beware spider mites in the next 10 days if temperatures stay 85-plus degrees with low humidity.
Beijing on Monday announced export controls on gallium and germanium. Now the Biden administration is set to restrict Chinese companies’ access to U.S. cloud-computing services that use AI chips.
The European Commission proposed revising its rules on genetically modified organisms (GMOs) on Wednesday to loosen some restrictions for plants resulting from newer gene-editing technology.