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 about Food Prices
There’s more good news on the food price front. That’s coming up on This Land of Ours. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Sales of Ag Tractors Decline in June
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 …
Markets Responding to News Concerning Interest Rates
Economic reports and news from the Fed Chairman this week about interest rates have had an effect on the money markets. Mark Oppold has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Agricultural Land Market Shows Signs of Settling
According to the Farmers National Company, the agricultural land market has been exceptional over the past five years. Value gains show up in all classes of land in every region of the country. “A lot has changed in the last 12 months, and even more has changed in the past five years,” says Paul Shadegg, senior vice president of real …
Waiting on Two Major Economic Reports
There are two major economic reports coming out yet this week. Mark Oppold has a look at what that could mean for interest rates. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Grain Trade on the Side of Sellers
As Mark Oppold reports today, history is showing the grain trade right now is on the side if sellers. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Traders Looking at Weather, Meat Sales
Last week was a slower week for most of the markets. But as Mark Oppold reports, this week grain traders will be looking at weather forecasts, while livestock traders will be checking meat sales from this past holiday weekend. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Food Prices May Be Going Down
We may be seeing a little relief in grocery prices. That’s coming up on This Land of Ours. USDA has lowered its food price forecast. Gary Crawford has more. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
USDA Expands Insurance Options for Specialty and Organic Growers
The U.S. Department of Agriculture (USDA) recently announced it is expanding crop insurance options for specialty and organic growers beginning with the 2025 crop year. The USDA Risk Management Agency (RMA) is expanding coverage options by allowing enterprise units by organic farming practice, adding enterprise unit eligibility for several crops, and making additional policy updates. This is the first of …