Some will say high interest rates caused the ag recession in 1982, but how does $3,000 per acre farmland at 9% compare today with $12,000 per acre land at 7% interest? With 50% down in either case, principal payments are far greater today.
The One Change You Should Watch In USDA's Latest Report
Even though USDA's December report didn't drastically change the supply and demand balance sheets across the U.S. or around the world, Joe Vaclavik does caution producers about one concern as farmers look ahead to 2023.
Grain Prices Close Mixed After Uneventful WASDE, Focus Turns to South American Weather
Grains closed quietly mixed after the WASDE report with few changes in the balance sheets. AgDay's Michelle Rook talks market impact with Garrett Toay of AgTraderTalk.
John Phipps: My Problematic Guide To Cryptocurrency
While cryptocurrencies are based on the reasonable innovation of blockchain, that arguably useful aspect has been overwhelmed by beanie-baby-like speculation.
As we approach the end of the year, you might be prepaying 2023 farm inputs. The deduction is allowed even though the inputs have not yet been delivered. Follow these rules.
Negative margins continue growing for beef packers as tightening supplies of cattle support cash prices $17 per cwt higher than the same week a year ago.
