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Examining the operating expense ratio

Examining the operating expense ratio

The operating expense ratio is a tool that farmers can utilize to determine the financial efficiency of their grain farms. Gerald Mashange, an agricultural economist at the University of Illinois, explains how the operating expense ratio is calculated. Mashange says that after compiling and analyzing 20 years’ worth of data, clear trends begin to emerge. He also defines what is considered a healthy operating expense ratio. According to Mashange 2025 will bring many notable challenges,...

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Early harvest begins in west-central Iowa

Early harvest begins in west-central Iowa

Combines are already in the fields in parts of Iowa. Extreme drought and a rare derecho combined to make things difficult for growers this year, and it?s caused an earlier start to harvest in some areas. One of those spots is west-central Iowa, according to ISU...

Maintain soil pH with Calcium Products? 98G

Soil pH is considered the foundation of nutrient availability and is critical to maximizing crop yield. Calcium Products is here to help.Studies show that when soil pH is below 6.0, it can reduce yields by as much as 30 percent. 98G from Calcium Products ? a...

Be prepared for an interesting 2020 harvest (Part 1)

Be prepared for an interesting 2020 harvest (Part 1)

Oh, 2020. It started with so many high hopes. The horizon looked just a bit brighter for the agriculture industry. Farmers I saw at meetings and trade shows had a little extra spring in their step. Then the year showed us what it was made of. For Iowa farmers, many of...

September 30 is deadline to update safety-net program crop yields

USDA?s Farm Service Agency (FSA) reminds farm owners that they have a one-time opportunity to update Price Loss Coverage (PLC) program yields for covered commodities on the farm. The deadline is September 30, 2020, to update yields, which are used to calculate the PLC...

Analyst: “Take advantage of decent prices today”

Analyst: “Take advantage of decent prices today”

Soybean futures saw "another good run" on Wednesday.Wednesday marked the eleventh straight day of upward trends in soybean futures, according to Jim McCormick, branch manager of Ag Market. He adds, "We are technically getting overbought," but encourages folks to look...

Grassley comments on future pandemic relief and Iowa relief

Grassley comments on future pandemic relief and Iowa relief

Congress is back from its August recess. One question on everyone?s mind is whether both sides of the aisle can agree on another pandemic relief bill, and how long will it take to get one done. Iowa Senator Chuck Grassley commented on the situation during his weekly...

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Iowa farmland values up 29%

Iowa farmland values up 29%

After several years of modest gains and losses, the average value of an acre of Iowa farmland skyrocketed 29% in 2021. The nominal value of an acre of farmland is now higher than at any point since Iowa State University began surveying values in 1941 and is 12% higher...