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19Dec

Sober, but Hopeful, Picture for Farm Economy

The coming year is pivotal for agriculture because we will find out if we have entered a stabilization zone or if we begin another leg down, says Terry Barr, senior director, CoBank, Washington, D.C. Barr, along with fellow nationally recognized ag economist David Kohl, highlighted key differences in the current setback in farmland values and the 1980s collapse at the American Society of Farm Managers and Rural Appraisers annual conference. “The impact of energy prices on commodity prices will likely remain benign,...

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18Dec

What to Know About Double Crop Soybeans

Take advantage of the opportunity to make more money per acrea & consider adding wheat into your corn-soybean rotation. Consider double crop soybeans for future seasons since they can be tricky, but pay off. "Wheat can be on the farm today and successful with a systems approach," says Wade Wiley, lead licensing and market analyst at Beck's Hybrids. He built a model of the past 30 years of historical data from USDA and worked with CropZilla to learn what advantage a...

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18Dec

Cage-Free Egg Prices Depressed on Oversupply

Food companies continue to demand cage-free eggs, which has contributed to an overall increase in supplies, but it is the oversupply of conventional table eggs that has worked to depress prices. A new report from CoBank's Knowledge Exchange Division notes that U.S. egg production, pricing and producer profitability have been highly volatile the last two years. However, the report, authored by Trevor Amen, CoBank animal protein economist, says U.S. egg markets are returning to more normal production growth, producer profitability and...

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16Dec

USDA Withdraws Livestock and Poultry Organic Rule

After several delays in the past year in setting an effective date for the final rule in organic livestock and poultry practices, Agriculture Secretary Sonny Perdue today announced his agency will withdraw the proposed rule. Signed in the final hours of the Obama administration, the Organic Livestock and Poultry Practices (OLPP) rule would have added provisions for livestock handling and transport for slaughter and expand existing requirements of livestock care. In November, the rule was delayed until May 14, 2018. In September,...

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15Dec

WTO Ministerial Offers Support of Farm Technology

The World Trade Organization's (WTO's) 11th Ministerial Conference in Buenos Aires, Argentina, this week did not result in major outcomes that will guide the future of the global trade body, but did offer a strong statement of support for farmers' access to the best available technology. The meetings brought together all members of the WTO for a biennial session covering the range of topics facing global trade. Ahead of the meetings, the U.S. Grains Council (USGC) and other ag organizations expressed...

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