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17Dec

UPDATE: Where are the 2nd Round of Market Facilitation Payments?

It's on the mind of many producers right now: when will that second round of market facilitation payments be going out? Here's the latest on what we know: United States Agriculture Secretary Sonny Perdue was scheduled to meet with the White House Office of Management and Budget on Friday to discuss the matter. The payments are delayed right now. We're told it's due to optimism on China buying U.S. soybeans again and out of concerns about the cost of...

By Dairy, Grains, Livestock
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13Dec

House Passes The 2018 Farm Bill In Landslide Vote

The 2018 Farm Bill crossed the second of three hurdles on Wednesday when the House approved the measure in a landslide vote of 369-47 two days after the final conference report was made public. The bill will head to the Oval Office next. President Trump has previously indicated he will sign the bill. However, timing is unclear. “It is fitting that the House today considers the farm bill because 28 years ago, another proud Texan — President George H.W. Bush — signed...

By Dairy, Grains, Livestock
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11Dec

U.S. Beef Exports Remain at Record Pace

U.S. Beef Exports Still Red-Hot; Pork Exports Slightly Below Year-Ago Level; Lamb Exports Trend Higher U.S. beef exports remained on a record-shattering value pace in October, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). October pork exports trended seasonally higher compared to recent months but were still below the results posted in October 2017. Lamb export volume in October more than doubled year-over-year, while value increased nearly 50 percent. October beef exports totaled 117,838 metric...

By Grains, Livestock
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10Dec

Crop Insurance Deadline Extended Due To Delayed Harvest

Farmers across the country have struggled with delayed harvest. This week USDA announced the Risk Management Agency (RMA) will provide flexibility for farmers who have been unable to complete harvest prior to December 10, the end date for insurance policies covering most spring-planted crops like including corn and soybeans. Sen. John Hoeven ( X – N.D.), chairman of the Senate Agriculture Appropriations Committee and a member of the Senate Agriculture Committee spoke with Agriculture Secretary Sonny Perdue last month and then...

By Grains, Livestock, Weather
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07Dec

After-Harvest Questions

Now is the time to grade your financial success and start planning for the next crop cycle “Just as the combine gives you absolute production yield, an office-centric mind will give you absolute profitability yield,” explains Chris Barron, president of Carson and Barron Farms in Rowley, Iowa. Start planning for a profitable 2019. Were you on budget for the year? If not, why? Calculate each expense in terms of cost per bushel, says Barron, also a financial consultant for Ag View Solutions. “This...

By Grains
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