July Four-Wheel Drive Tractor Sales Increase
U.S. sales of four-wheel-drive tractors increased 18.6 percent in July compared to the year before and are up 5.2 percent year to date. That’s according to new data from the Association of Equipment Manufacturers. Total sales of
Farmers and Ranchers Need Congress to Focus on Tax Reform
Many vital provisions in the 2017 Tax Cuts and Jobs Act are due to end at the close of next year. American Farm Bureau Federation President Zippy Duvall says Congress must not lose sight of protecting those
Fertilizer Prices Not Slumping Like Grain Prices
(NASHVILLE, TN)– As grain prices continue to slump lower amid the weight of projected big crops this fall, many crop input prices are not showing the same declines. That includes many inputs on the fertilizer side of
Low Mississippi River Levels Expected to Amplify Weaker Basis at Harvest Time
LITTLE ROCK — If forecasts hold, the Mississippi River level at Memphis, Tennessee, will again fall below zero as harvest season takes hold, raising the specter of the last two seasons’ higher freight rates, piled up grain and weaker
ASA President Testifies at Senate Appropriations Field Hearing
Wheatland, ND — ASA President Josh Gackle of Kulm, North Dakota, was invited to testify August 15 at a Senate Appropriations Committee subcommittee field hearing titled, “Perspectives on the Future of Agriculture Research and Technology.” His written statement
USDA Crop Forecasts Continue to Undergird Need for New Farm Bill
USDA crop forecasts this week add more grist to the argument for a new farm bill, with higher production, lower prices, and no relief in sight. World Ag Outlook Board Chair Mark Jekanowski says, “Season average market
Illinois Farmland Prices Up Three Percent in 2024
The average farm real estate value for Illinois in 2024 is $8,700 per acre, including the value of the land and buildings. That is 3.3 percent higher than the adjusted 2023 average of $8,420 per acre. It’s
Food Price Index Up Fractionally in July
The Food Price Index increased 0.2 percent in July, as it did in June. The index for food at home rose 0.1 percent in July. Three of the six major grocery store food group indexes rose over