U.S. farmland supply-and-demand is different than in recent years. As commodity prices rose this year and investor interest returned to the market, the supply of available farmland followed suit. Randy Dickhut of Farmers National Company […]
The University of Illinois’ Department of Agricultural and Consumer Economics set its corn and soybean break-even prices for 2022. Break-even prices farmers need to reach to cover their total cost of production are projected at […]
With the close of 2021, the price of oil is rallying. Patrick DeHaan with www.gasbuddy.com notes that West Texas Crude was trading up roughly $2 per barrel in recent action. He says that’s $14 per barrel higher […]
During COVID-19 and the economic recession of 2020, the share of consumers’ disposable personal income spent on food dropped 10.1 percent from the previous year to 8.62 percent. The USDA says that’s the lowest share […]
The Wall Street Journal says farmers plan to plant more corn, soybeans, and wheat than last year, but they also face more uncertainty. The Wall Street Journal says a banner year for grain prices has […]
Farm bill, taxes, regulations, and supply chain issues top American Farm Bureau’s list of 2022 priorities. Congress will start farm bill talks in the new year, but AFB’s Sam Kieffer says Farm Bureau has other […]
OMAHA (DTN) — Retail fertilizer prices for the third week of December 2021 continued to move higher, albeit at a slower pace. The percentage higher moves are not as much as they have been in […]
Democrats’ push for green energy will likely continue in the new year, even after Senate Democrat Joe Manchin denied his party the razor-thin majority needed to pass the Biden Build Back Better Act. Manchin opposed […]
A recent Bloomberg report says China, which consumes half the world’s pork, has a goal to be mostly self-sufficient in pork production. That means it will need more grain imports to feed the world’s biggest […]
Kansas City Southern says its sale to Canadian Pacific Railway is officially complete. The deal is estimated to be worth $31 billion. CP President and CEO Keith Creel says it’s a historic day for both […]
