Closing Market Report 12/27/22- Markets Have Solid Day on Tuesday

Grain markets especially had a solid day on Tuesday as we came back from the Christmas holiday break. Soybeans are again flirting with the $15 mark. Farm Broadcaster Richard Ristvedt has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406

Risk Management Tools Vital in Next Farm Bill 

Managing farm and ranch risk will be key in writing the next farm bill after the recent turbulence of inflation, COVID-19, war, and storms. The challenge will be tight budgets. The American Farm Bureau says risk management

Ag’s Share of Total Export Value Hits New High

The total value of U.S. exports has grown at an average annual rate of six percent since 2002, reaching a record high of $1.4 trillion in fiscal year 2021. Agriculture’s share of total U.S. exports has steadily

China Pushes for Ag Tech Progress

President Xi Jinping is pushing for China to accelerate efforts to achieve self-reliance in agriculture technology. Farm Doc Policy News says China’s president identified seed development and core equipment among the areas he’d like the country to

UFW Assigns Blame for Lack of Immigration Action

United Farm Worker leadership laid the blame for a lack of action in Washington on immigration at the feet of the Republican Party and the American Farm Bureau Federation. The Senate decided not to include worker immigration

NACD Applauds Conservation Investments in Omnibus

The National Association of Conservation Districts is grateful the fiscal year 2023 omnibus appropriations bill passed the House last week and was sent to the White House for signing. They say the agreement supports voluntary, locally-led conservation

Last Cattle on Feed Report of 2022 Meets Expectations

The final Cattle on Feed Report of 2022 was generally in line with pre-report estimates. Dr. Derrell Peel, a livestock market economist with the Oklahoma State University Extension Service, talks about the numbers. “This December cattle on

What Ag Lenders Expect in Early 2023

When it comes to the first two quarters of 2023, what is the expectation of the farm economy from the banker’s perspective? That was one of many questions the 2022 Ag Lender Survey, produced by the American