Temps in northern states soon to fall 3 degrees per week
In northern counties of Ohio and Indiana the average temperatures continue to drop at the rate of 3 degrees every seven days, in southern counties, the rate has started to slow to 2 degrees every week.
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.