Drought
Persistently low Mississippi River levels are turning logistics challenges into pricing risks — tightening margins for grain producers and exporters across the heartland.
Using FEMA and USDA data, Trace One researchers estimate average annual U.S. agricultural losses of $3.48 billion, with drought accounting for more than half.
George Baird, with the American Society of Farm Managers and Rural Appraisers (ASFMRA), joins us with updates on how this year’s rice harvest is shaping up.
Dr. Mark Svoboda with the National Drought Mitigation Center discusses a new global drought report and resources to help operations increase drought resilience.
Farm CPA Paul Neiffer joined us on Friday’s Market Day Report to break down what this extension means for affected ranchers.
Transportation challenges are mounting as droughts lower Mississippi River levels and push freight rates higher.
Midwest corn and soy producers are monitoring for disease and lower yields due to the ongoing drought over the last 30 days.
“The downed timber from Hurricane Helene didn’t contribute to the ignition of the fires, but it is absolutely impacting firefighters’ access to the fire...”
“We’ve seen near-record dryness. Very little, if any, snow on the ground...”
The German company Constellr is part of the John Deere Start-Up Collaborator Program in 2024. It plans to launch a geothermal satellite next year that will give farmers and ranchers better tools to monitor surface temperature from space.
The IRS recently issued its 2024 guidance on the extended replacement period for drought (and other weather-related) livestock sales. RFD-TV Ag Legal & Tax expert Roger McEowen discusses the IRS’ extension of the replacement period for livestock sold due to weather-related conditions.
According to the latest Cattle on Feed report, drought brought placement numbers lower.