farm groups

Farm Groups Want Changes to SAF Tax

Dan Agri-Business, Biofuels/Energy, Economy, Energy

Top farm groups want improvements in the administration’s sustainable aviation or clean fuel tax credit, shortcomings they say could put the benefits “out of reach for many farmers.” The American Farm Bureau, the American Soybean Association, the National Corn Growers Association, and the National Farmers Union wrote to the Department of the Treasury and the White House budget office, OMB. …

agricultural land

Agricultural Land Values Still High

Dan Agri-Business, Economy

“Nothing short of exceptional.” That’s how Farmers National Company describes the agricultural land market over the last five years. According to the company, gains in value are prevalent across all classes of land in every region of the country. Strong commodity markets, moderate interest rates, buyer demand and an overall healthy agricultural economy have also supported the growth of land …

economic

Economic Data Fueling Money Markets

Dan Commodities, Economy

Economic data and the idea of an interest rate cut coming in a couple of months have helped to fuel the money markets. Mark Oppold has more details. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

rma

RMA Continues Making Improvements for Specialty Crops

Dan Agri-Business, Economy, Specialty Crops, USDA-RMA

The USDA Risk Management Agency (RMA) continues making improvements for specialty crops. RMA Administrator Marcia Bunger says recent crop insurance changes give specialty crops some of the benefits that other crops have enjoyed for years. “There’s a number of crops that we have existing policies on, but never before have they been allowed to utilize Enterprise Units, which is something …

economy

Corn Growers Contribute to the Economy

Dan Corn, Economy, National Corn Growers Association (NCGA)

According to a new report, corn growers were responsible for a $151 billion boost to the U.S. economy last year.  The National Corn Growers Association (NCGA) notes the report looks at various ways corn growers contributed to the economy. U.S. farmers produced 15.3 billion bushels of corn, valued at $73.9 billion. Corn grower production directly conti9buted $20.7 billion to the gross domestic …

good news

Good News about Food Prices

Dan Economy, This Land of Ours

There’s more good news on the food price front. That’s coming up on This Land of Ours. Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

tractors

Sales of Ag Tractors Decline in June

Dan Agri-Business, Association of Equipment Manufacturers (AEM), Economy, Industry

According to new numbers from the Association of Equipment Manufacturers (AEM), U.S. sales of ag tractors and combines in June fell below reported sales from the same month a year ago.  Sales of 2-wheel-drive tractors dropped 16.3% compared to June 2023, while 4-wheel-drive tractors fell 1.3% within the same timeframe. Combines sales finished the month 31% below last year.  “June’s sales of Ag …