Fighting to save his farmland, Marvin Houin exposed government neglect with a damning paper trail. From 2009 to 2019, he watched his bushels crash and land value plummet due to bureaucratic dereliction. Ignoring a direct court order, the Indiana Department of Natural Resources swamped 407 crop acres, silted drain tile, destroyed yields and placed all blame on Houin.
Ag economists’ views on the ag economy took a dive in the first Ag Economists’ Monthly Monitor of 2024. Lower commodity prices and the outlook for higher costs continue to weigh on the industry. However, ag economists think relatively strong balance sheets and working capital could provide a cushion for 2024 with no major concerns for immediate farm solvency issues.
Just this week, China’s largest real estate firm was told it must liquidate after trying to restructure for two years. Some experts say the country is teetering on a recession.
To commemorate the anniversary of its round balers, a year-long celebration is in store. To participate, New Holland round baler owners can submit their story and a photo of their baler for a chance to win a commemorative prize pack.
