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As profit margins tighten, debt management is critical

As profit margins tighten, debt management is critical

As tighter margins pressure farm finances, lenders are seeing producers rely more heavily on borrowed capital to cover operating expenses. At the same time, higher interest rates are increasing the cost of carrying that debt. Chad Gent, senior vice president of retail credit with Farm Credit Services of America, said that is making cash flow management increasingly important. Gent said the impact of higher interest rates varies widely among operations, depending on their financial position and...

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ARC and PLC enrollment underway

ARC and PLC enrollment underway

Enrollment is open now for acreage in the ARC or PLC safety net programs. USDA Farm Production Undersecretary Richard Fordyce says enrollment is open through early December for farmers to choose either program. Fordyce explains the ARC safety net program. He says that...

South American Weather and Crop Update (9-22-26)

South American Weather and Crop Update (9-22-26)

As planting for the next crop season continues in South America, a shift to a rainier weather pattern is providing a boost to the crops that are in the ground already. Allendale commodity broker Greg McBride gave an update on the latest conditions in Brazil and...

Financial pressure persists for corn and soybean farmers

Financial pressure persists for corn and soybean farmers

A new survey of corn and soybean farmers finds financial pressure remains high despite recent improvements in commodity prices. The National Corn Growers Association and American Soybean Association report nearly two-thirds of growers are moderately or very concerned...

Naig urges safety as harvest impatience grows

Naig urges safety as harvest impatience grows

Rain has kept many Iowa combines parked as farmers wait for fields to dry, and with October approaching, the desire to finally get harvest underway continues to build. Iowa Secretary of Agriculture Mike Naig said that anticipation is evident as he travels across the...

Details from September Cattle on Feed Report

Details from September Cattle on Feed Report

USDA published the September Cattle on Feed Report on Friday September 18th, and the report shows another increase in cattle and calves on feed. That’s according to USDA livestock analyst Anthony Fischer. However, Fischer says that when examining cattle that were...

Long-term effects of data centers must be considered

Long-term effects of data centers must be considered

As the development of large-scale data centers continues to be pushed in rural areas, many communities across the nation have one major question: what is the long-term impact on the local environment? University of Illinois environmental science student Bruce Beam...

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NPPC says a Prop 12 fix is still within reach

NPPC says a Prop 12 fix is still within reach

The National Pork Producers Council continues pushing lawmakers to address California's Proposition 12 through the next farm bill debate. NPPC President Rob Brenneman, who is also an Iowa pork producer himself, said the organization believes a fix would benefit both...