Farm Business - General
U.S. Farm Report is teaming up with Golden Harvest to kick off the College Roadshow from Iowa State University. We digest the latest USDA reports and explore how UV lamps could be the key to controlling PRRS in pigs.
While the Millennial generation is the fastest growing group of farm operators in Kansas, Gen Z farm operators today want technology automated, and companies have one chance to get the technology right.
From an American flag one year to a POW tribute the next, Wilber Meyer’s field artwork has grown. And for the 20th anniversary of 9/11, this year’s tribute is by far the biggest, extending beyond the Ohio farm field.
Farmers seem to be slightly more optimistic about current economic conditions, but concerns about inflation are growing, according to the latest Ag Economy Barometer from Purdue University and the CME Group.
Net cash farm income, which tracks producers’ cash flow, is forecast by USDA at $134.7B for 2021. That number is up $6.4B from February’s forecast and would be an increase of 21.5% from 2020’s $110.9B.
Chris Barron has a podcast called the Ag View Pitch and I recently did a podcast with him on farm business structure. I encourage you to take a listen.
General Motors will reduce production at most North American assembly plants this month because of the ongoing semiconductor chip shortage, hitting its profitable truck and sport utility vehicles, it said on Thursday.
For 2021, USDA reports the value of the nation’s cropland is $4,420. That’s up $320, or nearly 8%, from 2020.
An index monitored by pension and investment funds show total returns to farmland ownership rose during the second quarter of 2021 when compared to the previous quarter and a year earlier.
Hurricane Ida caused “significant damage” to a Louisiana grain export elevator owned by Cargill Inc. Ken Erickson, Senior VP agribusiness with IHS market, says the Hurricane’s potential impact on exports is huge.