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Don’t wait for crisis to plan farm succession

Don’t wait for crisis to plan farm succession

Passing a farm from one generation to the next involves more than transferring land, equipment or livestock. For many farm families, succession means determining the future of a business, a livelihood and a legacy that may have taken generations to build. That complexity can also make it easy to put succession planning off until circumstances force a family to act. Farm succession expert Mike Downey with UnCommon Farms has a personal connection to the issue. Neither of the family farms he grew...

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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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New Canada-U.S. trade route now open

New Canada-U.S. trade route now open

Monday, July 27th should finally see an official opening of the Gordie Howe International Bridge, with that date confirmed by Washington and Ottawa. While the details have not yet been made public, the new agreement is based on an initial 15-year term. This new...