More States See Record Land Prices

Many states are experiencing record land prices across the Midwest. Aggressive bidding continued into summer and the fall selling season, with new high prices often being reached in Iowa. But the land market is also strong in most other crop regions. Farmers National Company recently sold a client’s land in northeast Nebraska at a simulcast auction for $12,950-$13,400 per acre, …

Short-term Extension of Livestock Price Reporting Keeps Reform Issue Alive

A short-term extension for Mandatory Livestock Price Reporting approved by Congress as part of a temporary stop-gap bill to keep the government open, allows more time for possible market reforms. Lawmakers voted for the extension as the authorization for existing mandatory reporting of livestock prices was about to expire, and temporary funding was needed to avert an end-of-fiscal-year government shutdown. …

Continuing Resolution Provides Much Needed Disaster Assistance for Agriculture

Last week, the Senate and House passed a Continuing Resolution to fund federal agencies through December 3. The CR provides $10 billion in much-needed disaster relief for losses incurred by farmers and ranchers in 2020 and 2021. It also extends Livestock Mandatory Reporting through December 3 of this year. National Farmers Union President Rob Larew says this is good news …

AFBF: No Methane Tax on Animals in Reconciliation Bill

The American Farm Bureau Federation, addressing a social media myth, says “the current language of the reconciliation bill does not impose a methane tax on agriculture.” Those words from AFBF’s Public Affairs Vice President Sam Kieffer, who says the statement seeks to clear up any confusion. Kieffer says that over the summer, Farm Bureau economists conducted an analysis, at the …

Congress Continues Budgeting Efforts in Washington

Congress continues working on a reconciliation package which does have implications for agriculture. Tyron Spearman reports hopes are to see something passed yet this week. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2026FL Cattle Enhancement Board Wraps up Funding YearJune 30, 2026Florida Cattle Enhancement Board Awarded Researcher Discusses New World Screwworm OverviewJune 19, 2026Verdant Robotics Offers Growers Targeted Application of Herbicides or Beneficials …

Farm Credit Situation Shows an Improving Farm Economy

We told you back in early June that strengthening of the U.S. ag economy bolstered farm credit conditions in the first quarter of 2021. And a current look at the farm credit situation shows a continuing strong and improving farm economy. Gary Crawford has more details. The overall outlook for farm income and credit conditions remained significantly improved from recent years. Sponsored …

Hurricane Ida Does More than $500 Million to Louisiana Agriculture

Hurricane Ida did more than a half-billion dollars’ worth of damage to Louisiana agriculture. The LSU AgCenter says the Category 4 hurricane’s total damage to Louisiana’s agriculture industry is at least $584 million. Economist Kurt Guidry tells The Hill that about half the damage is to the timber industry, the top-grossing ag commodity in the Bayou State. Over 168,000 acres …

Discussing Milk Pricing Issues

Last week, the U.S. Senate Agriculture Committee Dairy Subcommittee held a hearing that was called by chair Sen. Kirsten Gillibrand (D-NY). The hearing focused on issues related to milk pricing and the Federal Milk Marketing Order system, which has shown strains during the COVID-19 pandemic due in large part to flaws in the current Class I mover and its ripple effects through …