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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...
South American Weather and Crop Update (8-4-26)
As harvest continues to progress in South America, the weather is staying mostly the same. Allendale commodity broker Greg McBride said the current forecast is pretty much a carbon copy of what they have seen recently. With the amount of rain they have seen, McBride...
Build-out continues on state-of-the-art animal disease lab
The Plum Island Animal Disease Center is being replaced by a brand-new facility in Kansas. The federal government continues relocating the animal disease laboratory from Plum Island, New York, to the new National Bio and Agro Defense Facility, or NBAF, in Manhattan,...
A disaster plan for your livestock operation is vital
Unfortunately for farmers and livestock producers, disaster can strike a farming operation at any time. A fire, flood, or tornado for example does not allow for much time to react. Dr. Mark van der List, a professional services veterinarian with Boehringer-Ingelheim,...
U.S. cropland value surpasses $6,000 per acre for first time
The average value of U.S. cropland has climbed above $6,000 per acre for the first time, underscoring the resilience of farmland prices despite weaker farm income and tighter profit margins. New data compiled by USDA’s National Agricultural Statistics Service show...
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...
Boozman releases revised Farm Bill 2.0 ahead of Senate markup
John Boozman, chairman of the Senate Agriculture Committee, has released updated legislative text for Farm Bill 2.0, the Agricultural Act of 2026, ahead of a committee markup scheduled for this week. The revised proposal includes new language authorizing year-round...
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Rainfall supports higher yield estimates for Iowa crops
Another round of rain has gone through the state, and this time the western region finally got some relieving moisture. As indicated by the August producer survey from StoneX, this may lead to a strong crop for most Iowa farmers. Dan Bjorklund, technical agronomist at...
U.S. bison gains duty-free access to European Union
Under a newly implemented tariff rate quota (TRQ), U.S. bison now has duty-free access to the European Union. The TRQ is for 3,000 metric tons annually. As National Bison Association Executive Director Jim Matheson explains, U.S. bison has been gaining interest in the...
Weather forecast keeping pressure on corn and soybean marketplace
While there are a lot of factors that are exerting influence on the grains in the ag marketplace, including the crude oil price and the stock market, the main influence remains the weather forecast. While the forecast is positive in terms of crop conditions and...
Record ethanol blend rate lowers fuel costs for drivers
The average ethanol content in U.S. gasoline reached a record 11.29 percent in May, according to new data from the Energy Information Administration. The Renewable Fuels Association says the increase was driven by strong blending economics as ethanol sold at a...
Tight margins make financial analysis critical
As many farmers continue to navigate a difficult economic environment, understanding the financial health of their operations has become increasingly important. While many producers complete financial statements to satisfy their lenders, one agricultural attorney says...
