The USDA?s 2017 Land Values Summary shows that the average acre of American cropland is worth $4,090. That is unchanged from last year, and the third-highest in history. Pastureland values increased by $20 from last year to a national average of $1,350. That is the...
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Vietnam to Resume Importing U.S. DDGs
The Vietnamese government informed the U.S. government that it will resume imports of dried distiller?s grains. Vietnam suspended imports of DDGs in December of last year after reports of detecting quarantined pests in U.S. shipments. Before the suspension went into...
Farmers Looking for Relief in Tax Reform
Farmer-tax-reliefAs Congress sets its sights on tax reform this month, farmers and ranchers are urging them to provide tax relief. Congress is back in session with a promise to work on tax reform, and American Farm Bureau Federation tax specialist Pat Wolff says...
ACE Testifies on CAFE-GHG Emissions Standards
The American Coalition for Ethanol (ACE) Executive Vice President Brian Jennings testified today during the public hearing in Washington, D.C. on the Environmental Protection Agency?s Reconsideration of the Final Determination of the Midterm Evaluation (MTE) of...
What are the Traits of a Successful Farming Operation?
What are the Traits of a Successful Farming Operation?This time of year, growers are thinking about traits. They are examining the traits they purchased in their hybrids and determining if they were successful. Farm Credit Mid-America is asking farmers to also examine...
Lower Commodity Prices Dragging Farm Optimism
Lower commodity prices in August pushed farm economy optimism lower, according to the Purdue-CME Group Ag Economy Barometer released this week. The barometer drifted lower in August to 132 points, down 7 points from July, but still stronger than the year ago level of...
EPA Considering Dicamba Limits
The Environmental protection Agency is considering establishing limits to dicamba-based herbicides next year. Agriculture officials from several states that are advising the EPA on dicamba say that the EPA is considering banning the use of dicamba after a cutoff date,...
Commentary: The Promise of Big Data Finally Coming True
Big Data was a big deal just a few years ago. Farmers worried about who had access to their data; farm groups worried about who owned a farmer?s data; and the agribusiness sector was trying to figure out how to make money with data. Year after year, farmers were able...
Perdue Applauds President Trump?s Selections for Key USDA Posts
U.S. Secretary of Agriculture Sonny Perdue today applauded President Donald J. Trump?s selection of three individuals for key positions within the U.S. Department of Agriculture (USDA). The president announced Gregory Ibach as Under Secretary for Marketing and...
Bower Trading Market Strategy Report: Cooler Weather Worries Market
Bower Trading Market Strategy Report: Cooler Weather Worries MarketThe weather forecast for September calls for the early arrival of cooler fall weather. That has the market worried. With Eastern Corn Belt planted and replanted late, the last thing we need is an early...