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Farmland real estate values hit record high
A new USDA report on farmland shows the highest values in history. USDA’s Land Values Summary confirmed another increase in the value of U.S. farmland. Danny Munch, an economist with the American Farm Bureau Federation, said the value rose 4.3 percent- which comes out to $180 per acre. Cash rents also hit record high levels, rising 0.6 percent to $161 per acre. Munch said the slower rise in land prices compared to previous years is due to multiple factors. Munch added that these changes in...
Senator Ernst wants shipping restrictions lifted for aid to Ukraine
Since Russia?s invasion of Ukraine, most of the global community has been doing what it can to help the Ukrainian people, without bringing on World War 3. The United States is among these countries. However, there are certain restrictions in place on the shipment of...
Dairy industry wants retaliatory tariffs on Canada
What do you know? Canada isn?t playing nicely with the American dairy industry once again, using loopholes and double-talk to keep our products out of their stores.You might want to ask me, ?But Dustin didn?t we address the dairy situation when we negotiated the USMCA...
Bayer Plus gives producers the advantage in 2022
As we are underway with the 2022 growing season, we are obviously looking for any advantage we can get, whether that is in the fields or our wallets. The trick is to get an advantage that fills your bins and your wallets.Enter the Bayer Plus Program.Kim Helgen is the...
What should farmers know about the fuel situation?
Driving by any gas station lately becomes as frightening as any horror movie we can see. Prices of regular unleaded are back above that four-dollar level, with diesel above five dollars. That is putting a pinch on everybody?s pocketbook. But what about the farmers who...
South American Weather and Crop Update (5-18-22)
Once again, the dry weather conditions in South America have both positive and negative consequences. The dryness is helping harvest progress move right along, but it is also creating some yield concerns in Brazil. Allendale commodity broker Greg McBride said that...
IRFA and IBB talk about Biofuels Access bill
Yesterday, Iowa Governor Kim Reynolds was in Prairie City, Iowa as she signed the Biofuels Access bill, with the overwhelming support from the Iowa Legislature. This bill will have an enormous impact on Iowan consumers as we wrangle those high gas prices in attempts...
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More Ag News
Opening Market Podcast – Jim McCormick AgMarket.Net 1-11-23
Can you afford to take a risk on whether or not profits will still be there when you harvest this fall? Jim McCormick of AgMarket.Net says you don't have to swing for the fences in your market strategy; just put the ball in play.
ARC or PLC?
It?s that time of year when farmers are making their selections for which program they are going to use to keep their operations protected for the 2023 growing season. The Agriculture Risk Coverage (ARC) and the Price Loss Coverage (PLC) programs are the two key...
Secretary Naig presents 2023 renewable fuels marketing awards
DES MOINES, Iowa (Jan. 10, 2023) ? Iowa Secretary of Agriculture Mike Naig today announced that Growmark FS and Kwik Trip | Kwik Star are the winners of the 2023 Renewable Fuels Marketing Awards. The awards were created to recognize fuel marketers that have gone above...
South American Weather and Crop Update (1-10-23)
The immediate forecast for Argentina is still dry, but more extended forecasts show some moisture finally returning to the area. Allendale commodity broker Greg McBride provided an update on the latest weather patterns for Brazil and Argentina.McBride said this rain...
Improving return on investment through farm management
The Peoples? Company Land Investment Expo took place in Des Moines this week at the Iowa Events Center. The land conference features ag professionals and business leaders as they discuss the trends in land investment and management.Eric Geiger, a land manager with...
