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Economists from the Ohio State University looked at the trends in Chapter 12 filings each year, evaluating whether the recent downturn in commodity prices is impacting the number of bankruptcies agriculture is seeing.
The story surrounding corn prices hasn’t changed the past few years. Farmers have been facing with stagnant corn prices for nearly five years now, something that may not change this spring.
FAPRI’s baseline projections point to little change in net farm income over the next decade, which could lead to further erosion in the farm financial picture for agriculture. For 2019, FAPRI sees livestock receipts not boasting the numbers USDA currently projects.
Michigan farmer Michael Stamp is facing time behind bars. Both Michael Stamp, and his wife Melissa Stamp, entered separate plea agreements with U.S. attorneys this week in a bankruptcy case dating back to 2012.
On May 1, the USDA Grain Crushing report will provide an estimate of corn used for ethanol production in March. An expectation of continued weakness is in place for ethanol-based corn consumption that led to the USDA’s reduction by 150 million bushels since the September WASDE report, according to University of Illinois agricultural economist Todd Hubbs.
Founder of Channel Bio Corp, which later sold to Monsanto, Funk is re-launching the NC+ brand for western corn, soybean and grain sorghum growers.
While tasseling corn is months away, buzz around the farm has been about late-season diseases. Perhaps the most painful of which has been tar spot, a relatively new disease with no solution—until now.
In response to legal action, the Environmental Protection Agency (EPA) is cancelling registrations for 12 pesticides containing neonicotinoid.
In 2016, corn and soybean farmer Jim Backes learned he held the keys to unearthing a legend that had haunted his town since its founding.
As is so often the case, technical action (price changes) can predict fundamental changes in price direction market, and often does sometimes weeks in advance.