Headwinds in interest rates, inflation and commodity prices seem to have little effect on land values, though single-digit decreases in Indiana, Kentucky, Michigan and Ohio have been reported.
Since July 2023, the Federal Reserve has kept its benchmark interest rate steady at a 23-year high of 5.25% to 5.5%. In the last half of the year, the Fed has four more chances to cut interest rates. Economists weigh in on the likelihood of interest rate cuts.
Here's more details on AGCO's changing footprint in Ohio as well as details on John Deere's new gas and diesel utility vehicles that sport several options for integrated precision ag technology.
Since 2018, Mineral has developed and built a variety of technologies that will "live on inside of leading agribusinesses where they can have maximum impact,” says Elliott Grant, Mineral CEO.
Did you miss U.S. Farm Report this past weekend? Host Tyne Morgan spotlights the weather outlook for July, an apple pie that will make your mouth water, a dramatic grain bin rescue, an Olympic athlete fueled by milk and much more.