Farm Forum

It’s no coincidence that the Super Bowl is played during the depths of midwinter. After enduring approximately 27 consecutive months of snow and cold, we’re eager for any distraction that will keep us from getting into shouting matches with our housemates over such life-or-death issues as ho…

Farm Forum

Sometime in late December, I found myself practically jogging through Walmart. One kid was at a birthday party; the other was playing with a cousin. I had one hour to get a week or more worth of groceries and other supplies (alone — a rare treat) and drive across Jamestown to pick up the afo…

Farm Forum

01/21/20 — Last week we had a signing ceremony for the U.S.-China agreement where China agreed to buy $200 billion more U.S. product than 2017 purchases the next 2 years in return for $32 billion in tariffs to come off Chinese imports. Of that $200 billion total, $32 billion was for ag produ…

Farm Forum

We often hear phrases such as “protect your working capital,” or “watch your liquidity,” or “cash is king,” when referring to short-term financial analysis of a farm business. All of these terms generally refer to the “working capital” of a farm business. A significant decline in working cap…

Farm Forum

Like many of you, I too grew up on a farm, albeit in the Netherlands. To this day, I am more likely to refer to myself as a farm kid (who happens to work in agricultural research and extension) rather than as a scientist (who happens to work in agriculture). Like many of you, our farm operat…

Farm Forum

01/14/19 — Once again this week the focus is on China, our 25-million-acre customer from the past that has promised via Phase 1 to become a 35-million-acre customer in 2020, and even bigger in 2021. But the market still acts like China is a 15-million-acre customer like they were in 2019. We…

Farm Forum

In a move that surprised most grain marketing experts, the U.S. Department of Agriculture increased the estimated final 2019 U.S. average yields for both corn and soybeans in the January 10 USDA Crop Production Report. USDA increased the estimated final 2019 national average corn yield by on…

Farm Forum

In recent months, I’ve started listening more to podcasts than to traditional radio as I drive. This is, in large part, because of the fact that we’ve launched the Agweek Podcast (look for it on Apple Podcasts or Google Play Music). But part of it is that it allows me to hear about eclectic …

Farm Forum

In writing a column (https://tinyurl.com/ruksgn6) which focused on changes in state-level net farm income we noticed that the Economic Research Service of the United States Department of Agricultural (USDA/ERS) had extended their data extraction tool back to 1929 and provides data in nominal…

Farm Forum

01/07/19 — Come January, usually the only market factor with much influence on prices is South American weather. After all, they are our best competitors for world exports, and this is their prime growing season. But some USDA assumptions will also become an important factor this January.

Farm Forum

Farmers and landowners will be glad to know that the Conservation Reserve Program is back in a big way. Currently there are two different CRP signups open for enrollment. A general CRP signup began Dec. 9, 2019, and ends on Feb. 28, 2020. In addition to the general signup, a continuous CRP s…

Farm Forum

As we conclude another decade at the end of 2019, it is a good time to reflect back on some things that have occurred in the past decade. Many times, there can be dramatic change over the course of a decade, which has been no different in the decade from 2010-2019. In 2010, smartphones were …

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