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New data shows continued threat to food affordability due to California Prop. 12

New data shows continued threat to food affordability due to California Prop. 12

Equipped with brand new retail and U.S. Department of Agriculture data reinforcing California Proposition 12’s detrimental impacts on both producers and consumers, 105 American pork producers from 23 states took to Capitol Hill, advocating for their livelihoods with federal lawmakers. Researchers at the North Dakota State University Agricultural Risk Policy Center found that Prop.12-driven price increases have persisted, even two years after the law was fully implemented. On average, prices...

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Indigo Ag continues to aid farmers with sustainable ag programs

Indigo Ag continues to aid farmers with sustainable ag programs

The Farm Progress Show is a great opportunity to showcase ag innovation, and that’s especially true for one of the newer opportunities in agriculture: carbon markets. Indigo Ag has a wide portfolio of carbon program options that are available to help provide farmers...

Drought intensifies in weekly drought monitor

Drought intensifies in weekly drought monitor

The weekly Drought Monitor showed drought getting worse across areas in the Midwest, South, Southwest, and the Pacific Northwest. In the Midwest, extreme heat impacted areas like Minnesota, Iowa, Missouri, Wisconsin, and Illinois. Record high temps were set in cities...

USDA releases updated 2023 farm income forecast

The updated farm income forecast for 2023 is out from USDA and as you might imagine it’s predicting a drop. The new forecast includes information that wasn’t available during their last forecast in February according to Carrie Litowski, senior economist for the USDA,...

Grains & markets both challenged as harvest approaches

Grains & markets both challenged as harvest approaches

If you are holding onto grain to sell before harvest, you may have checked cash bids or listened to the Basis Matters program this morning and got a big surprise. The basis level has dropped like a stone overnight. I have seen drops as small as a nickel to a buck and...

Heat hits cattle, USDA updates LIP payments

Heat hits cattle, USDA updates LIP payments

The extreme heat is taking its toll not just on crops, but also cattle says United States Agriculture Secretary Tom Vilsack as USDA is updating its payment rates for cattle losses. So, USDA Secretary Tom Vilsack says the department will update Livestock Indemnity...

Ethanol production hits three-month low

Ethanol production hits three-month low

The Energy Information Administration says ethanol output dropped to a three-month low while inventories hit the lowest point since November. Ethanol production dropped to an average of 1.007 million barrels a day during the week ending on August 25. The EIA report...

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Crop insurance deadline nears

Crop insurance deadline nears

Farmers not yet enrolled in the Agriculture Risk Coverage or Price Loss Coverage programs for the 2024 crop year have until March 15, 2024, to revise elections and sign contracts. Both safety net programs, delivered by USDA’s Farm Service Agency, support to farmers...