Farmland market not weak, but weakening

The farmland market is not immune to the downturn in the ag economy. Hertz Real Estate Services president Doug Hensley says what’s happening to farmland values is similar to other parts of agriculture. “For years we’ve seen the benefits of the high end of the cycle, and we’ve come off the high in a lot…… Continue Reading

Now is the time for Midwest cover crop seeding

The director of agronomy for the Illinois Soybean Association says it’s time for Midwest farmers to plant cover crops. Abigail Peterson tells Brownfield it’s prime seeding time for several species. “If you have someone that can follow that combine and get in before the end of September, you’re still going to be sitting good with…… Continue Reading

CME cash dairy prices mixed Tuesday

CME cash dairy prices mixed Tuesday

Cash dairy prices were mixed Tuesday on the Chicago Mercantile Exchange.  Dry whey was unchanged at $0.59.  Two sales were recorded at $0.59 and $0.5925.  Forty-pound cheese blocks were up $0.0350 at $2.3050.   One sale was recorded at that price.  Cheese barrels were up $0.0550 at $2.34.  No sales were recorded.  Butter was down $0.0150…… Continue Reading

Drought continues to expand, rain chances increase next week

A climatologist says yield outlooks are favorable despite an expansion of drought conditions over the last few months. Eric Hunt with the University of Nebraska-Lincoln says, “Iowa is generally above average,” he said. “Illinois is expecting extremely good yields this year. We’re still projecting relatively good yields for Indiana even though we’ve at times been…… Continue Reading

Importance of crop insurance understood

One of the few things representatives of both Presidential candidates can agree on is the importance of crop insurance. During a recent Farm Foundation forum, Rod Snyder, former senior advisor for ag for EPA under the Biden-Harris Administration, says crop insurance is a critical tool, and there needs to be bipartisan support to ensure the…… Continue Reading

Potential port strike threatens U.S supply chain

The head of the Soy Transportation Coalition says the ag industry is preparing for a blow to its supply chain as the potential for a port strike is becoming a reality. Mike Steenhoek says the International Longshoremen’s Association has threatened to strike if a new contract agreement can’t be reached with the U.S. Maritime Alliance…… Continue Reading

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