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NCGA unveils long-term strategy to expand corn demand

NCGA unveils long-term strategy to expand corn demand

The National Corn Growers Association has released a new strategy outlining how the U.S. corn industry can build demand over the next 250 years, emphasizing the need to develop new domestic and international markets as production continues to increase. The report, released as the nation approaches its 250th anniversary, calls for expanding traditional uses of corn while investing in emerging markets such as sustainable aviation fuel, marine biofuels, bioplastics, biomaterials and other...

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CLAAS continuing to support farmers as dealer network shifts

CLAAS continuing to support farmers as dealer network shifts

This year saw a shift in the dealer network for CLAAS, as both Ziegler and Butler Ag Equipment decided to focus their efforts and no longer carry the CLAAS line. Daryl Theis, head of sales and marketing at CLAAS, said they appreciate the long partnership they had with...

December farm income forecast shows lower 2024 numbers

December farm income forecast shows lower 2024 numbers

The USDA’s December Farm Income Report showed only a slight change from September’s numbers. Revised estimates in the 2024 Farm Income Forecast still show agriculture taking a big financial hit this year. Danny Munch, an economist at the American Farm Bureau...

Income prospects differ for livestock vs. crop producers

Income prospects differ for livestock vs. crop producers

The farm income bottom line is vastly different this year for livestock producers compared to row crop farmers. Spiro Stefanou, Administrator of USDA's Economic Research Service, says that USDA’s farm income forecast for this year shows crop receipts down almost...

Farm sector profits forecast to fall in 2024

Farm sector profits forecast to fall in 2024

Net farm income, a broad measure of profits, is forecast at $149.7 billion in calendar year 2024, down by $6 billion, or 4.1 percent, relative to 2023. Inflation-adjusted farm income is forecast to drop by $9.5 billion, or 6.3 percent. Despite the predicted decline,...

Saving money on inputs doesn’t mean slash and burn

Saving money on inputs doesn’t mean slash and burn

There are many conversations about how farms will save money in 2025. Producers are looking for ways to trim the budget, but cutting corners is a slippery slope. If you slash your inputs too much, your crops could be in serious danger. This year we heard many stories...

Create a financial plan to help navigate tough economic conditions

Create a financial plan to help navigate tough economic conditions

The USDA’s December Farm Income Report showed only a slight change from September’s numbers, but those revised estimates still show agriculture taking a big financial hit this year. However, it’s still possible to lock in some profits for your grain despite some tough...

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