Cost of Production
As the Iran war drives fertilizer prices up 40%, the Trump administration is warning against price gouging. A new survey shows only 60% of corn farmers have secured their nitrogen needs for 2026.
Despite sunny optimism, underlying issues such as rising operational costs, labor shortages, regulatory conundrums and unpredictable markets pose significant threats to the industry’s sustainability.
Data from Iowa State and Peoples Company shows farmland values have softened this year, but by how much (and why) might surprise you.
The new numbers show that net farm income will fall $6.5 billion or 4.4%. This is compared to projections released in February suggesting it would fall 26%.
Headwinds in interest rates, inflation and commodity prices seem to have little impact on land values, though single-digit decreases in Indiana, Kentucky, Michigan and Ohio have been reported.
Paul Neiffer reviews the important updates to the new Farm Bill proposals from the House Ag Committee.
Jim Rothermich of Iowa Appraisals shares what he expects from land values in the year ahead.
In their January 2024 land values report, Farmers National Company shared that the sharp increase in farmland values has slowed, and values are holding strong.
CoBank has released their 2024 outlook report, which takes a look at the key themes the organization expects to shape agricultural and the rural economy in the coming year.
Peoples Company has released its fourth annual land values report with data broken into geographical regions across the U.S.
Findings from CoBank’s new quarterly report provides updates on the U.S. economy and agricultural markets.
While it’s difficult to gauge the health of the farm economy, John Phipps says now is the time to sit down at the computer and enter yields and prices and costs to get a peek at a possible future.
Vice President Kamala Harris recently floated this policy to crack down on price gouging, but looking back on a similar plan from the Nixon administration shows not everything needs a second chance.