The ag markets are holding steady as lawmakers work to keep the government running. As farmers look ahead to next year, farm creditors say inputs may be cheaper but that relief is hiding a bigger problem.
“We’re seeing large declines in expenses for feed, fertilizer, and fuels, although there are still some increasing costs for things such as interest on debt or on labor costs. Now at an aggregate level, we can look at this and say that liquidity and profitability ratios for the sector have been largely stable. Ratios are improving, but these aggregate stories really are masking sub-sector strain,” said Greg Lyons.
Crop receipts are expected to be down $32 billion from last year. It is one reason multiple ag groups have been pushing lawmakers to get emergency aid to farmers.
The American Society of Farm Managers and Rural Appraisers shares an update on commodity prices and farmland trends in Nebraska and South Dakota.
Dr. Phillip Kaufman discussed sterile fly releases, release zone adjustments and steps producers can take to protect livestock.
Research shows a small number of companies account for much of the nation’s ammonia production capacity.
As Special Envoy for American Landowners, John Rich will serve as a leading advocate for America’s farmers, ranchers, and private landowners, helping ensure their concerns are heard and their rights are protected.
Industry estimates suggest approximately 500 million sterile flies per week may be required to fully eradicate the pest.
Farmers should watch for settlement notices and gather dealer repair invoices, proof of payment, and equipment identification records.
