“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 Data Fueling Money Markets
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 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
RMA Continues Making Improvements for Specialty Crops
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 …
Hot, Dry Weather for Many Growing Areas
The weather forecast for many growing areas across the country is hot and dry this week. Mark Oppold looks at what that means for certain crops. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Corn Growers Contribute to the Economy
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 ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 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 ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 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 ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024