Farm Business - General
For 2022, the national average for cash rents on cropland is $148 per acre. That’s up $7 from last year and eclipsed the previous high of 2015’s $144 per acre.
B&B Farm Store defaulted on an estimated $1.3 million of grain they bought from 60 Jesup, Iowa area farmers. But that may not make farmers whole and points to a bigger problem.
With five minutes to go on the farm clock, Max Miller jumped into a river of corn and changed his life’s course, riding the flow to massive entrepreneurial success.
For 2022, USDA reports the value of the nation’s cropland is $5,050. That’s up $630, or 14%, from 2021. This year’s figure marks back-to-back record highs in cropland values.
Warning signs about the health of the general economy are blaring, but Farmer Mac’s summer issue of “The Feed” shows why ag lenders are in a better financial position to help farmers weather the higher costs.
The Commerce Department put out its second quarter GDP data this week, showing the U.S. economy shrank from April through June.
How are small independent businesses like grain elevators, welding shops, independent seed dealers and other local businesses going to find labor at wages they can pay? John Phipps answers the looming labor question.
Cast your vote in Kubota’s Hometown Proud Grant Program to help a community win $100,000, and be entered for your chance to win a sub-compact tractor or zero turn mower.
U.S. natural gas futures rose 2% to a four-week high on forecasts for hotter weather and more demand than previously expected. Extreme heat already boosted power demand to record highs in several parts of the country.
The CPI, an inflation gauge measuring what consumers pay for goods and services, rose 1.3% from May to June. Prices were up across the economy, with gasoline far outpacing other categories, up 11.2%.
PBS is in its third season of airing American Grown: My Job Depends on Ag, an Emmy Award-winning docuseries that could be headed to your region in coming months.
Another red flag is being raised for the farm economy. In June, the Ag Economy Barometer, by Purdue University and the CME Group, fell to a reading of 97.
“The closing of this acquisition marks Koch’s first substantial investment on the African continent,” said Brad Razook, Executive VP of Koch Industries and CEO, Resources.
An Oregon case marks the latest in a long line of lawsuits the company has had to contend with in the past few years. Most of the 138,000 cases have come out of the U.S. residential lawn and garden marketplace.
No more settlement checks in the mailboxes. Bushel continues to roll out its tools to digitize grain transactions for the industry and farmers.
Syngenta has appointed a senior executive to help steer the seeds and pesticides maker’s planned $10 billion flotation, the company said on Friday. Syngenta also announced additional management changes.
The Russia-Ukraine conflict threatens to upend world trade.
“This year, the conference will focus on solving those challenges through precision agriculture, sustainability, and products innovation,” says Corey Rosenbusch, TFI President and CEO.
After hitting record highs, fertilizer prices are finally cooling down.
Welcome to a tale too insane for fiction: a cottonmouth farmer seeking a snake venom crop for harvest.
Grower sentiment plummeted to a reading of just 99 in May, the lowest in two years. The dramatic rise in input costs “creates havoc in people’s minds,” says Jim Mintert, report co-author.
Brett Bruggeman says their business starts with the customer, and he’s a believer in segmentation as such identifying customers by appetite to growth, transparency with data, and willingness to advocate.
Gas prices crushed another record to start June, and experts say there’s no sign of a slowdown yet with $5 gas a strong possibility as the summer driving season pushes into high gear.
Serving military veterans across the country, NCAT’s Armed to Farm training provides resources and education for veterans to start and operate their own agricultural business.
The White House is considering waiving U.S. gasoline environmental rules aimed at reducing summertime smog, hoping the waiver will combat rising pump prices, Reuters reported.
Is private land a federal playground? The government claims a phenomenally powerful right—access and surveillance on every inch of farmland, hunting ground, and pasture in the U.S., without warrant or probable cause.
U.S. diesel prices are the highest ever, with warnings of shortages, especially in the eastern U.S., and the most intensive part of the farming season is still ahead.
The latest round of agricultural credit condition surveys from the Federal Reserve banks show high farm real estate values are supporting farm finances.
From the farmer perspective, e-commerce in agriculture shouldn’t just mean point, click, buy AgVend’s Pat Sullivan says.
The president of the American Farm Bureau Federation weighs in on immigration reform and year-round work permits, Waters of the U.S. concerns and support for the new Climate-Smart Commodities Program.