For the children of a 75-year-old couple who live in the Great Plains, the paperwork dash was a little too close for comfort. Their parents had put off the finishing touches on an estate plan until Dec. 31 last year, their son said.
The corn market also is full of nervous anticipation. “Traders will take note of precipitation across the U.S. Midwest over the course of the winter, given the dry soil conditions at the end of last fall,” said DTN Senior Analyst Darin Newsom. “This should continue to be an evolving issue.
The drought will continue to devastate the beef cattle industry in terms of decreased available forage, as about 85 percent of the feed used to produce finished beef is forage, according to Terry J. Klopfenstein, professor of ruminant nutrition at the University of Nebraska-Lincoln.
Iowa’s Department of Natural Resources (DNR) and the Environmental Protection Agency (EPA) have drafted a work plan agreement to improve the state’s regulation of concentrated animal feeding operations, or CAFOs, in response to a petition filed by...
The House of Representatives last Tuesday passed by a vote of 257-167 a bill to avert a set of automatic tax increases that would have gone into effect Jan. 1. The bill passed the Senate 89-8 Monday and is expected to be signed by President Barack Obama.
Environmental Protection Agency (EPA) Administrator Lisa Jackson, who made several pro-ethanol decisions key to the economy in rural America, but who ran into conflict with some farm leaders and Republicans over regulations, announced last Thursday that she will resign.
The dust hasn’t yet settled in Washington, D.C., but farmers can count on scoring some significant tax victories in legislation designed to avert the fiscal cliff. Chief among them are provisions renewing generous writeoffs for equipment purchases and permanent exemptions that spare moderatesized farm estates from federal tax.
The legislative delegations from North Dakota, South Dakota, Montana and Kansas sent a joint letter to President Barack Obama, urging him to refrain from declaring an emergency on the Mississippi River due to economic losses from reduced barge traffic.
South Dakotan Bob Metz farms so close to the state line, his post office box is based in Minnesota. It’s a good thing he lives on the right side of the border, however. Metz and wife Karen want ownership of the farm his ancestors homesteaded more than 125 years ago to stay in family hands.
The calculator was developed for anyone working with livestock rations—including producers, nutritionists and extension agents—and was designed to be a tool that will assist them in evaluating feedstuffs that are available to them, according to...
Thanksgiving to Valentine’s Day ranks as the normal seasonal low for diesel fuel prices and the best fuel buying opportunity of the year, based on five-year averages. But before you dive into year-end purchases, consider 2012-13 has been anything but average.
Fewer grain farms are likely to be held hostage by their debt loads should today’s Golden Era end abruptly. Unlike the 1980s, America’s grain producers have bolstered an important equity ratio since 2007 that will help them withstand a return to thinner profits or higher interest rates, a recent study by AgriSolutions found.
A major weakness in the U.S. policy for biofuels has been the failure to develop commercial processes to produce fuel from cellulosic feedstocks, given the assumption promoted by the last several administrations that huge quantities of fuel could be produced efficiently from feedstocks “that do not compete with food production.
The nation’s row-crop harvest continued to run well ahead of normal this past week while emergence of the winter wheat crop was slightly behind normal, according to USDA’s weekly Crop Progress report. Release of the report was delayed until Wednesday due to Hurricane Sandy.
Many producers will receive multiple payments on private crop insurance on top of record prices for the crops they did harvest. Any crop insurance deferral election must cover all proceeds received within the year of the disaster. It is not possible to defer a portion or to be selective among different payors.
Interest rates presented by Farm Credit Services of Mid-America serving farmers in Kentucky, Ohio, Indiana and Tennessee. Rates change daily, are subject to qualifying conditions and may carry pre-payment restrictions. For details, visit:.
Precipitation deficits for the first three-quarters of the year are huge. Iowa fell to a 9-inch statewide precipitation deficit for the first time Oct. 4. Data compiled by Iowa State Climatologist Harry Hillaker shows the four-month period covering June, July, August and September is the third-driest in 140 years of precipitation records.
“The timing is really unfortunate,” said Mike Steenhoek, executive director of the Soybean Transportation Coalition. In an average year, about 75 percent of U.S. soybean exports take place between September and February, but because of last year’s short crop in South America, some groups estimate as much as 90 percent of U.
On Thursday, House Speaker John Boehner, R- OH, said the House would “deal with” the farm bill after the election while Lucas, R-OK, questioned what that means while House Agriculture ranking member Collin Peterson, D-MN, said he would not support a Democratic discharge petition effort to bring up the bill.
“I know it tore a lot of places up, but it sure saved us,” Brian Lease told DTN. He runs a herd of 220 mama cows on 800 acres outside Clark, MO, where Lease also operates a feed store, Central Missouri Feed and Supply.