Drought Worries Midwestern Farmers
Farmers across the Midwest are currently facing a severe drought combined with record high temperatures. The drought comes in the middle of ambitious plans to plant the largest corn crop…
Farmers Planting Most Corn Since 1930s
According to the U.S. Department of Agriculture, American farmers are planting their largest corn crop in recent history, hoping to cash in on record corn prices. The corn boom has…
Upcoming Year Promising for Farmers
2010 and 2011 were some of the most profitable years in the history of American farming. While farmers aren’t expecting the same record highs, they are expecting the good times…
Farmers Bracing for Price Drop
Over the past several years, commodity prices have increasingly risen, driving up food prices and expanding farmers’ profit margins. This era of high crop prices may be coming to an…
Corn Belt Values Increase
Farmland values in the American Corn Belt have increased significantly since last year, the Federal Reserve Bank of Chicago said earlier this week. The increased value of farmland is part…
Farm Income to Decline
Coasting for months on high crop prices and booming demand, some farmers are afraid that high farm incomes may drop this year. Driven in part by increased foreign demand for…
Land Values Worry Credit Officials
The recent rise in farm values has many farmers across the country ecstatic. While the past year has seen repeated bouts of poor weather that have been difficult for many…
Farm Profits Remain High
Year-end estimates for 2011 seem to reaffirm that farm profits have reached record highs. According to U.S. Department of Agriculture estimates, farm profits are expected to rise nearly 30 percent…
Property Taxes on the Rise
The past several months have seen a remarkable increase in commodity prices and in farm profits. In part driven by ethanol production and in part driven by increased foreign consumption,…
Conservation Contracts to Expire Soon
Across the Midwest, Conservation Reserve Program contracts are set to expire. The CRP was originally begun in the 1950s in order to combat erosion and improve water and soil quality…