Farmland values not down everywhere in the Midwest
Some ag economists and farm real estate specialists agree that softening grain prices have put downward pressure on farmland values in some states – but not in Ohio, Indiana and Michigan, according to the USDA.
Michigan’s winter wheat yield rockets past national average
The USDA’s National Agricultural Statistics Service (NASS) reported Michigan wheat growers harvested a record average of 81 bushels of wheat per acre this year.
Meteorologists across the country are predicting one of the strongest El Nino events this winter, with the potential next spring for a wet, stormy season for much of the Midwest.
Purdue: Ag economy may be rough going for some years
Agriculture’s economy may be in for rough going over the next few years, with farmer debt and the possibility of interest rate hikes listed as key concerns by some faculty in Purdue University’s College of Agriculture.
As China’s population grows, still markets for U.S. goods
China and the United States have a heavily dependent relationship, and agriculture is one area in which the connection is easy to see: United States agriculture exported more than $25 billion in goods to China in 2012 and 2013.
Ag-friendly laws dependent on House action by end of 2015
Farmers hoping to see progress by Congress in making certain tax provisions permanent may once again have to wait until late in the year for a resolution.
