Latest News From Farm Business - General

The House on Friday averted a government shutdown by voting 225 to 201 in favor of the Consolidated Appropriations Act of 2023—the omnibus spending bill. Here's what's in it for ag.

From the docks of Southern California and Europe to the parcel hubs in the Midwest and the store shelves in New York, signs are growing that the global supply chain crisis is over.

CoBank has released its outlook for 2023.

By combining the platforms, users will get a streamlined accounting process for optimizing their equipment fleet and gain a better understanding of their equipment productivity, costs and replacement needs.

The agreement will allow lawmakers to spend the coming week hashing out specific spending levels for each federal agency as well as what legislative items they will attach to the bill, likely including ag aid.

Shippers urged the U.S. railroad regulator to create more competition in the industry during hearings in which Union Pacific was called to explain a spike in service restrictions.

At least one major farm input company is stating that rebates are not taxable income. This is incorrect for most farmers. We go over the details.

Grains mixed after WASDE. The only change USDA made to U.S. ending stocks was in corn by lowering exports. Brian Splitt of AgMarket.Net has analysis.  

Officials have been bracing for an influx of migrants when the authority lifts on Dec. 21. The Dept. of Homeland Security is projecting 14,000 migrants may then attempt to cross the U.S. southern border per day.

The 2022 Professional Farm Manager of the Year is Skye Root, which is a recognition from the American Society of Farm Managers and Rural Appraisers and sponsored by Syngenta with support from The Scoop.

Founded in 2009, Ag Resource Management (ARM) is a specialty finance company bringing financial solutions and crop insurance to farmers and agribusinesses.

In just a few years the farm financial pendulum swung from shaky to stable, according to the 2022 Agricultural Lender Survey report by the American Bankers Association and Farmer Mac.

Data released by USDA on Monday shows the farm share of the U.S. food dollar hit an all-time low in 2021. However, USDA says the decrease doesn’t necessarily mean producers are making less.

Pelosi said the House this week will “take up a bill adopting the tentative agreement—with no poison pills or changes to the negotiated terms—and send it to the Senate.” Some industry leaders feel it will pass.

Unions and railroads are back at the negotiating table. By law, Congress can intervene to impose an agreement if the two sides remain deadlocked. However, one union is now on schedule to strike Dec. 5.

The Black Sea Grain Initiative has been extended for 120 days from Nov. 18, without any changes. The deal is bearish for U.S. corn and wheat exports, which are already lagging. 

This rate hike was the sixth increase this year, and based on Fed chairman Jerome Powell’s comments following the November meeting, this interest rate rocket ship will continue to gain altitude.

The top three trends impacting ag retailers are: economic uncertainty, volatility and labor challenges says Ken Zuckerberg, CoBank agribusiness analyst.

Twenty months after its launch, Traction Ag has made its first acquisition. Corteva has sold its Granular Business software to the Traction Ag, which includes its farm management technology.

Highly pathogenic avian influenza (HPAI) has wreaked havoc on many poultry operations this year. Cases confirmed this week in Iowa, Pennsylvania and Wisconsin total nearly 1.5 million infected birds.

Unions are arguing railroads haven't done enough to address worker concerns, largely surrounding working conditions and paid time off.

Ken Ferrie says fields with good soil health can have as much disease present as an unhealthy field, but healthy plants handle stress better than unhealthy ones.

Sarah Frey started a simple produce delivery route that has evolved into a fresh fruit and vegetable operation that distributes products nationally.

Nikki Fried, Florida commissioner of ag, says the preliminary assessment is a "first step" in trying to get federal disaster aid for affected producers.

Global diesel and distillate fuel stocks have fallen to dangerous levels and the U.S. has been exporting a lot of diesel to Europe and Latin America, but now things are changing.

You could "lose the farm" because of an unforeseen cyberattack. Here's how to understand your risk and protect your farm.

The real elephant in the room when it comes to plant-based foods is not the ingredients or the sometimes over-the-top health claims. No, it is the agenda that comes along with it.

Need a chiropractic adjustment but can’t make it to the office? Ask your doctor to come to the field. Dr. Blake Wayson hauls his portable adjustment table to the field to help farmers find relief in the busy seasons.

American Farm Bureau Federation (AFBF) released its general new farm bill recommendations on Thursday. First on the AFBF’s list: “protect farm bill program spending.”

After six months of “extensive” input from industry leaders, the council has decided, over the course of the next five years, $10 million will be dedicated to workforce and program development plans.

The leader of one of America’s largest food and agriculture companies said the country’s farmers should be celebrated for their crucial role in providing food security, even if their work is sometimes overlooked.

Rising prices are impacting every aspect of the food and agriculture supply chain and that may not change dramatically through the balance of 2022 according to the Federal Reserve Banks of Minneapolis and Kansas City.

Global inflation will likely decrease to 6.5% in 2023 and to 4.1% by 2024, according to the International Monetary Fund (IMF) forecast.

The U.S. is projected to have record ag exports for the marketing year but is still posting a trade deficit.  Plus, headwinds such as slow water levels on the Mississippi River are adding to trade concerns.

The future of voluntary carbon markets for agriculture is still coming into focus. As such, farmers continue to assess the landscape and weigh their opportunities.

AgLaunch is hosting 8 row crop agtech start-ups for the 2022 AgLaunch365 Row Crop Challenge. Up to five teams will be selected for the AgLaunch365 Accelerator and on-farm trials with AgLaunch Farmer Network members.

If you were confused Friday about the EPA announcement on glyphosate, you were not alone. Bottom line: glyphosate can still be used.

The free online event is titled “Agroterrorism Remains a Significant Threat to U.S. Farms and Food Supply” and is set for Wednesday, Sept. 28, 2022, at 3 p.m. CDT.

The 2023 Executive Women in Agriculture Trailblazer Award will be given to a female producer who is a shining example for her peers.

Despite a positive trend, Purdue University’s Agricultural Safety and Health Program urges agricultural workers to remain diligent and follow safety protocols.

Ahead of the Fed announcement the U.S. dollar index traded at fresh 20-year highs and that followed into Thursday’s session. When will it peak?

For a fifth straight month, the rural economy has posted signs of trouble. That’s according to the Rural Mainstreet Index (RMI) from Creighton University.

The details of the tentative agreement reached on Thursday morning have not been shared, and could still be voted down by members who need to ratify the agreement to settle the matter.

Brendan and Elaine Martin are building their dream farm — one piece at a time. 

Its current user base includes more than 100 ag retailers and consultants who use Taranis to deliver crop intelligence insights empowering more informed decision making to help make crop management more efficient

The early, buck-wild days of hemp farming spawned many a gun-shy grower, but Aaron Baldwin found a sweet spot. He brought hemp processing home and established a corresponding grower group.

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.

When adjusted for inflation, 2022 net cash farm income is forecast to increase by $13.5 billion (8.7%) from 2021 and be at its highest level since 2012.

During the 2023 Top Producer Summit, Top Producer will recognize remarkable farmers who have taken risks, built thriving businesses and given back to their communities.

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.