Gas and biofuel prices will go even higher amid conflict between Russia and Ukraine, but biofuel leaders argue that corn ethanol will still be cheaper than gasoline and able to meet demand. There’s no arguing that fuel prices go up during war. “If oil stocks and gasoline stocks tighten as a result of a conflict, yeah, that’s going to pull …
Milk and Dairy Product Producers Will See Highest Prices in Years
Slower growth in milk output and rising demand may spur some of the highest milk and dairy product prices in years. Gary Crawford has the story. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Deere Revenues Up While Net Income Drops in the First Quarter
Deere and Company reported a net income of $903 million during the company’s first quarter that ended on January 30, or about $2.92 a share. That compares to a net income of $1.224 billion or $3.87 a share for the same time last year. Worldwide net sales and revenues for Deere and Company increased five percent in the first quarter …
Crop Insurance and Other Deadlines Approaching
There are a few deadlines that producers need to be aware of. Tyron Spearman has a report with a reminder of what those are. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Farm Bankruptcies Down Dramatically in 2021
A new Market Intel analysis from the American Farm Bureau Federation finds Chapter 12 farm bankruptcy filings were down 50 percent in 2021. The number of Chapter 12 filings last year is the lowest in the last decade, and this is the first time in at least ten years that there were fewer than 300 filings. For 2021, 276 Chapter …
Crop Insurance Premium Benefit Available for Cover Crops
Producers who have coverage under most crop insurance policies are eligible for a premium benefit from the USDA if they planted cover crops during the 2022 crop year. Producers must report their cover crop acreage by March 15 if they want to receive the benefit from this year’s Pandemic Cover Crop Program. PCCP helps farmers maintain their cover crop systems …
Florida House Passes $105.3 Billion Spending Plan
(NSF/TALLAHASSEE/Feb. 16, 2022) — What would be a record $105.3 billion spending plan bolstered by federal stimulus money was approved Wednesday by the Florida House, helping set up negotiations with the Senate on a final budget for the 2022-2023 fiscal year. The House voted 102-14 to approve the proposal (HB 5001), after Democrats objected to shifting $200 million away from …
The Five C’s of Credit
During the recent National Peanut Buying Points Association meeting, one speaker discussed the five c’s of credit. Tyron Spearman has the story. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Ag Tractor Unit Sales Continue Growth Streak Into 2022
According to the latest data from the Association of Equipment Manufacturers (AEM), overall ag tractor sales in the U.S. continued rising into January, while combine harvesters slowed for the month. U.S. total farm tractor sales gained 1.5 percent in January compared to 2021, while U.S. self-propelled combine sales for the month fell 41.4 percent to 205 units sold. The 100 …
USDA Data Tracks Fertilizer Price Increases
Data from USDA’s Economic Research Service details the increase in fertilizer prices. Fertilizer represents an average of 36 percent of a farmer’s operating costs for corn, 35 percent for wheat, and 30 percent for sorghum, according to estimates by USDA. Fertilizer prices declined from 2014 through 2017 before a gradual increase in 2019. In late 2021, prices began to spike …