Ag recession may increase need for mediation services
A farm mediation specialist called me three weeks ago. The mediator said there are rumblings that low farm commodity prices are triggering an uptick in distressed loans that could lead to an increased need for farm debt mediation services.
While Monday’s announcement from the U.S. EPA finalizing Renewable Volume Obligations (RVOs) under the Renewable Fuel Standard (RFS) for 2016 showed a boost over its proposal several months ago, groups representing corn production indicated the news still leaves growers cold.
Increased volatility in ag markets due to La Niña?
Ag markets may react with increased volatility in 2016 due to the current El Niño and its potential impact on future weather patterns, said the senior economist at CME Group, a leading derivatives marketplace.
4-generation Ohio farm family tackles rough racing schedule
Every morning Joe Essig Sr., 70, guides a Standardbred from barn No. 8 onto the track at the Warren County Fairgrounds near Lebanon. In the meantime, his wife, Janet, cleans one of the stalls and adds fresh bedding made of hay before Joe returns.