Farmers becoming less optimistic about future of the ag economy

The latest Purdue University/CME Group Ag Economy Barometer shows farmers continue to be concerned about the ag economy. Michael Langemeier, director of Purdue’s Center for Commercial Agriculture, says the survey was taken when the September supply and demand report was released, and it contributed to the weaker outlook. “About 70 percent of those we survey are crop…Continue Reading

Illinois farmer preps for wheat planting as double-crop beans struggle

A southeastern Illinois farmer says he’s concerned about the double-crop soybeans he planted this summer following wheat harvest. Don Guinnip, who farms in Clark County, says the late-season drought has restricted their potential. “I would expect it will be below average.”  He says, “I just think that hot, dry weather impacted them more than the…Continue Reading

Government shutdown leaves farmers without critical market data

The chief economist at Indiana Farm Bureau says the partial government shutdown is impacting key USDA data that farmers rely on. Todd Davis says a lack of an October supply and demand report, which was scheduled to be released on Thursday, could create market volatility. “Farmers look to these reports as an update on crop…Continue Reading

Nebraska farmer weighing timeline for fertilizer purchases

An eastern Nebraska farmer says purchasing fertilizer is becoming extremely difficult due to volatility in the markets.   Mitch Oswald says cost of production is increasing. “We’re going to have to find opportunities to market or hold out and hope for a market recent for fertilizer. Input prices haven’t gone down and we’re going to…Continue Reading

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