There's an immense amount of pressure riding on this year’s crop production picture, and with a margin squeeze setting in across farms, economists think it could accelerate consolidation in the row-crop industry.
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.
We often hear about government funding but little about how it is actually being used. These 289 projects funded by the USDA will cover everything from solar arrays to grain dryers.
Be ready for a big profit swing for 2023 — to the downside. The 2023 Illinois Crop Budgets released by the University of Illinois show a clear trend of higher costs and lower returns.
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.
The reconciliation bill is heading to the House on Friday with many provisions on ag. Here's what producers need to know about the Inflation Reduction Act.
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.
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%.
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.
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.
“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.
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.
“This year, the conference will focus on solving those challenges through precision agriculture, sustainability, and products innovation,” says Corey Rosenbusch, TFI President and CEO.
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.
“Now we're scrambling for batteries to get up to the 150,000 production rate next year,” said Ford Pro CEO Ted Cannis, “because the demand is overwhelming.”
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.
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.
“This funding is supporting small BIPOC food companies and farmers to ensure that those hit hardest by COVID are able to weather the storm and recent supply chain disruptions,” said Jade Clark, AgLaunch.
For 17 straight months, the rural economy has posted healthy and consistent growth. That’s according to the March Rural Mainstreet Index (RMI) from Creighton University.
"Agriculture labor is one of those funny challenges that sounds almost boring at first but once you dive in, you realize it’s one of the most fascinating parts of our industry," writes Tyler McGee.
The March CME/Purdue Ag Economy Barometer posted the weakest farmer sentiment reading since May 2020, as the survey found the biggest concern among producers continues to be “higher input costs."
USDA now expects food price inflation in 2022 to be from 4.5% to 5.5%, compared with 2021, based on the all-food Consumer Price Index. No category shows a potential decline.
Farm commodity prices, production costs and consumer food prices are higher than would have been expected a few months ago, according to the 2022 U.S. Baseline Outlook report by FAPRI.
It is clear the current administration sees the USDA and its influence over domestic agriculture as critical to fight climate change. What is not so clear is the definition of a “climate-smart” commodity.
