With the dry areas getting smaller and the wetter areas getting wetter, Jerry Gulke says the market is justified in removing weather premium from corn and soybeans.
Are Farmers Losing Yield? The High Heat's Potential Impact on Midwest's Crops
Crop condition ratings seemed to be in a freefall earlier this summer, but rain and cooler temps in mid-July sparked a rebound. The extreme heat this past week means crop conditions could take another hit.
Grain prices rallied as Russia ramped up attacks on Ukrainian ports on the River Danube. But ag economists and market analysts point out the situation still hasn’t reached a worst-case scenario yet.
Roughly 37.6 million acres of U.S. ag land is foreign owned, according to USDA. However, select purchases of U.S. farmland could come to an end following a Senate vote this week.
Most farmers view social security as a tax and not an investment. However, CPA Paul Neiffer says it's an extremely good investment if you can optimize your income.