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Ag Professional

 •  February 21

Two of the better-known indicators of the farm economy, Creighton University’s Rural Mainstreet Index and The Purdue/CME Group Ag Economy Barometer, have both turned higher in January, showing improved moods. Before soybeans began their rally of an 11-month high, moods at the National Farm Machinery Show in Louisville, Kentucky were relatively...

Ag Professional

 •  February 16

The United States is the world’s largest importer of steel. Imports are nearly four times exports, according to US Department of Commerce ( MGN ) (Bloomberg) -- Shares in U.S. aluminum and steel companies from Alcoa Corp. to Nucor Corp. surged after the U.S. Commerce Department recommended that President Donald Trump impose a range of restrictions...

Ag Professional

 •  February 14

With the seasonal spring spike in farm equipment navigating U.S. roads, here are five road-safety tips for motorists and farm equipment operators to bear in mind. On Monday, the White House unveiled its proposed budget for the country, and President Trump has released his ideas on how to spend $1.5 trillion to improve the nation’s infrastructure,...

Ag Professional

 •  February 14

There’s been some political back-and-forth between China and the U.S. Traders and farmers alike have been watching to see if China does anything with U.S. soybeans. U.S. soybean exports have slowed, as demonstrated in the USDA’s latest World Agricultural Supply and Demand Estimates (WASDE) that came out earlier this month. Andy Shissler of S&W...

Ag Professional

 •  February 12

On Monday, the Trump Administration released a $1.5 trillion dollar plan to rebuild and revitalize America’s infrastructure. ( Farm Journal ) On Monday, the Trump Administration released a $1.5 trillion dollar plan to rebuild and revitalize America’s infrastructure. The agriculture industry, which has long-voiced concerns over America’s roadways,...

Ag Professional

 •  February 9

The number of farms sold in 2017 declined for the fifth year in a row, according to data from Farm Credit Services of America (FCSAmerica) and Frontier Farm Credit. The lenders report the number of sales in their service area declined by about 270, or 7.5%, compared to 2016. FCSAmerica serves Iowa, Nebraska, South Dakota and Wyoming. Frontier Farm...

Ag Professional

 •  February 7

An enforcement chief for the Department of Transportation said commenting and petitioning the hours of service that are backed by the electronic logging device (ELD) rule is necessary for changes. ( Wyatt Bechtel ) Electronic logging devices (ELD) have yet to be fully implemented by livestock haulers, but their time could be coming soon. Most...

Ag Professional

 •  February 7

Crop prices may be showing some recent signs of life, but that’s of little comfort for American farmers who are forecast to see their incomes fall to a 12-year low. Farmer profits will drop 6.7 percent this year to $59.5 billion, the U.S. Department of Agriculture said Wednesday in its first forecast for 2018. That’s the lowest since 2006 and would...

Ag Professional

 •  January 31

The recent bankruptcy of an ethanol refinery in Pennsylvania illustrates an ongoing problem with the Renewable Fuel Standard (RFS) according to EPA Administrator Scott Pruitt. ( Farm Journal ) The recent bankruptcy of an ethanol refinery in Pennsylvania illustrates an ongoing problem with the Renewable Fuel Standard (RFS) according to EPA...

Ag Professional

 •  January 30

Demand for drone technology is rising and large corporations have taken notice. Investors recently gave $75 million to PrecisionHawk Inc., a drone manufacturer, to support the growth of the drone industry. Investors included Third Point Ventures, Comcast Ventures, Constellation Technology Ventures and Syngenta Ventures, all of which regularly...