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Farm production costs mixed last year, soaring in 2026

Farm production costs mixed last year, soaring in 2026

Farm production costs were mixed last year but are up significantly in 2026. USDA Chief Economist Justin Benevidez provides the specifics from 2025. Benevidez says the largest increase occurred in livestock and poultry production. However, the latest farm expenditure report shows crop farm spending dropped more than six-and-a-half percent. The numbers for 2026 paint a much different story. Fertilizer is up year-over-year by five percent for ammonia and up to 37 percent for DAP. Since 2020,...

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Farm income forecast is a tale of two farm economies

Farm income forecast is a tale of two farm economies

New data from the Department of Agriculture predicts farm income to increase in 2025. The latest Net Farm Income Forecast from USDA’s Economic Research Service predicts farm income to increase in 2025. However, Bernt Nelson, an economist for the American Farm Bureau...

Soybean producers face uncertainty in ongoing trade fight

Soybean producers face uncertainty in ongoing trade fight

U.S. soybean producers are once again caught in the middle of a trade war. China has been slow to make purchases, leaving farmers worried about where demand will come from. This marks the second Trump administration and the second time American agriculture has been...

Iowa soybean fields need to end the year strong

Iowa soybean fields need to end the year strong

It may feel like there isn’t much of a choice for seed genetics anymore, but companies like BASF are making an effort to provide new genetics that stand out from the competition and give farmers some unique choices. Colin Rogers, BASF seed agronomist, said Xitavo...

Yield results from Allendale survey lower than USDA estimates

Yield results from Allendale survey lower than USDA estimates

The Allendale brokerage firm has released yield results collected from a recent survey of farmers. The numbers are not particularly far off from the USDA August Crop Production estimates. Rich Nelson of Allendale said they’ve done this survey for a long time. Nelson...

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