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Fourth Annual Drop for Nebraska Farmland Prices

For 2018, Nebraska farmland prices average $2,745, which is a 3% drop from a year ago. This annual drop is less than the 9% drop seen in 2017 and similar to the 4% drop reported in 2016, according to a preliminary report of the 2018 Nebraska Farm Real Estate Market survey. Overall, Nebraska farmland per-acre prices have dropped 17% since reaching a high of $3,315 in 2014. Low commodity prices and property tax policies are behind the declining farmland values, says Jim...

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McDonald's GHG Plan to Come to U.S. Before 2020

On Tuesday, McDonald's made the announcement it would reduce greenhouse gas emissions by 36 percent, or 150 million metric tons by 2030. While restaurants will become more efficient with lighting, energy equipment, and restaurant cycling, agricultural practices, such as beef production, will be impacted as well. "We need to recognize that McDonald's is a beef company first and foremost, and their efforts to improve beef sustainability is driven by their customers," said Greg Henderson, editorial director of Drovers to AgDay host Clinton...

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Tyson Foods confirmed that plant operations at their Longsport, Ind., facility were resumed Wednesday after a shutdown on Monday and Tuesday. In an email with Tyson, communications manager Caroline Ahn, said the plant temporarily halted operations "due to a production issue. The issue has been resolved and the plant is back in operation today." Local sources said employees on the harvesting side of the facility were sent home Monday afternoon, while the "cold side" continued production. Tyson Fresh Meats employs more than 2,000 people at its Logansport facilities. The National Pork Board estimates the plant's daily slaughter capacity is 15,400 as of fall 2017.

Tyson Foods confirmed that plant operations at their Longsport, Ind., facility were resumed Wednesday after a shutdown on Monday and Tuesday. In an email with Tyson, communications manager Caroline Ahn, said the plant temporarily halted operations "due to a production issue. The issue has been resolved and the plant is back in operation today." Local sources said employees on the harvesting side of the facility were sent home Monday afternoon, while the "cold side" continued production. Tyson Fresh Meats employs more than 2,000...

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Tax Reform in a Nutshell

On Tuesday, the House of Representatives passed the tax reform bill. Early Wednesday morning, the Senate also passed the bill. The House will have to vote on the bill again on Wednesday because of the Byrd Rule which limits the kind of provisions that can be included in a bill via reconciliation. Long story short, it's widely expected Congress will pass tax reform, and President Trump promised to sign the bill in time for Christmas. What does all of that...

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Economists Outline Benefits of Reducing Nitrates

Reducing nitrates in water is obviously beneficial to the public as well as agriculture, but usually those benefits aren't quantified. A study conducted by the Center for Agricultural and Rural Development at Iowa State University explores the potential economic benefits to drinking water, recreation and health through meeting the targets of Iowa's statewide strategy for reducing nutrients. The study highlights that reducing nitrates and improving water quality in rivers and lakes would increase recreation benefits, and may reduce adverse health outcomes for...

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