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Early action can preserve farm financial options

Early action can preserve farm financial options

The current farm economy continues to put financial pressure on many producers. While government assistance has helped offset some losses, several years of tight margins have left many farm operations facing difficult financial decisions. Legal experts say recognizing financial problems early can help producers avoid more serious challenges later. Austin Peiffer, an associate attorney with Ag and Business Legal Strategies, says repeated losses can quickly snowball into bigger financial...

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Examining the process of becoming Prop 12 compliant

Examining the process of becoming Prop 12 compliant

The future of California Proposition 12 is uncertain. Currently, there is no legislation to address it in the Senate Farm Bill, but several swine industry groups are still hard at work to get something included in the final version. If the farm bill were to move...

Corn and soybean inspections dropped last week

Corn and soybean inspections dropped last week

Corn and soybean export inspections declined last week, while wheat inspections improved, according to the latest report from the U.S. Department of Agriculture. USDA says 1.54 million metric tons of corn were inspected for export during the week ending July 9, down...

Soybean trends in USDA July balance sheets

Soybean trends in USDA July balance sheets

The recent USDA WASDE report for July provides the latest update for the world and domestic soybean outlooks. USDA World Agricultural Outlook Board Chair Mark Jekanowski says the balance sheet details gains in U.S. soybean production and that reflects in the world...

High input costs remain a top concern for U.S. producers

High input costs remain a top concern for U.S. producers

The Purdue University/CME Group Ag Economy Barometer dropped from May to June. Michael Langemeier, the director of the Center for Commercial Agriculture at Purdue University, discussed the significance of these low numbers. Langemeier expanded on the primary reason...

Two wars add uncertainty to grain markets

Two wars add uncertainty to grain markets

Geopolitical tensions continue to influence grain markets as conflicts in both the Middle East and Eastern Europe create uncertainty for global energy and agricultural trade. Ag economist Frayne Olson says the latest developments in the Middle East could have indirect...

July started with heavy rain but has since dried out

July started with heavy rain but has since dried out

This month has already been a crazy one when it comes to the weather. July started off with unrelenting rainfall across much of central Iowa, but since then it has transitioned to a warm and dry pattern. Dan Bjorklund, technical agronomist with Landus Cooperative,...

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No relief in sight for difficult farm economy

No relief in sight for difficult farm economy

Farmers and ranchers are continuing to struggle with a difficult farm economy. Unfortunately, a study from the American Farm Bureau Federation shows the economic situation in rural America will only get worse. Faith Parum, an economist with the American Farm Bureau...

USDA invests $500 million in processors

USDA invests $500 million in processors

The U.S. Department of Agriculture is investing $500 million to strengthen the nation's beef processing capacity through its Strengthening Processing for U.S. Ranchers, or SPUR, program. The funding is aimed at small and midsize meat processors, which USDA defines as...