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Monday, February 29, 2016

USDA Warns of Record-High Supply of Corn

USDA: Brace for Big Ending Stocks | Agweb.com: “I would describe the 16/17 forecasts as bearish,” said Brian Basting of Advance Trading, highlighting the big� numbers: Nearly a 2.0 billion carry-out for corn, soybeans near unchanged from this year at a burdensome 440 million bushels and wheat approaching 1.0 billion bushels.”

Family farms connect personally with hungry customers

Family farms connect personally with hungry customers: Stephanie Conforti of Estero checked in at the U-pick stand and grabbed some buckets. Accompanied by her children, Skye, 7, and Dante, 3, and her friend, Brittany Hunter, the group headed out into the fields with one thought — strawberries.

Unlike the grocery where the food is already boxed up for you, it takes a little bit of knowledge and experience to know which berries to pick and which to leave — experience a 3-year-old lacks. Dante picks up a rotten strawberry someone else dropped between the rows.

Fears banks will leave farms in the cold | Radio New Zealand News

Fears banks will leave farms in the cold | Radio New Zealand News: With some dairy farmers being told their business is no longer viable, many are concerned banks will not support them through winter.
The Reserve Bank says dairy farm debt has reached $38 billion and a recent Federated Farmers poll found more than one in 10 are already under pressure from banks over their mortgage.

Australia sees agriculture output boost as El Nino fades - Yahoo News

Australia sees agriculture output boost as El Nino fades - Yahoo News: Australia's agriculture production is set to rebound as the strongest El Nino in nearly 20 years that wilted crops and triggered bush fires subsides, the country's chief commodity forecaster said on Tuesday.

Joyce urges super funds to invest in agriculture | afr.com

Joyce urges super funds to invest in agriculture | afr.com: Deputy Prime Minister Barnaby Joyce is set to argue that Australian super funds need to increase�their agricultural�investments because�they are "outperforming"�iron ore and coal in the nation's economic transition.

Mr Joyce's speech at the annual Australian Bureau of Agricultural and Resource Economics�in Canberra on Tuesday comes amid fierce debate over foreign investment in Australian farms after the sale of the Van Diemen's Land Company to Chinese company Moon Lake Investments.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mostly higher on short covering. Outside markets are relatively quiet with the US Dollar up and crude oil lower.

Sunday, February 28, 2016

Govt stats predict miracle for India’s devastated farms | india | Hindustan Times

Govt stats predict miracle for India’s devastated farms | india | Hindustan Times: If government data are anything to go by, India’s weather-beaten farms are looking at a miracle. Despite a crippling 14% deficient monsoon in half the country and possibly a smaller crop, the agriculture ministry expects higher output, prompting experts to wonder how the data might square up.
According to the second advance estimates – or the second of the four official projections of farm output made in a year – food-grain output will rise to about 253.2 million tonne in 2015-16, compared to 252 million tonne in the previous year. That’s roughly one million tonne more.

Federal grants could boost new products from Nebraska farms

Federal grants could boost new products from Nebraska farms: A United States Department of Agriculture official is pushing Nebraska producers to apply for federal grants to develop new businesses.

USDA Rural Development State Director Maxine Moul announced Monday that the 2016 cycle of Value-Added Producer Grants can help the state's rural farmers and ranchers develop and market products.

The grants will have additional funding this year from the authorizations passed by Congress in the 2014 Farm Bill.

For normally stoic farmers, the stress of climate change can be too much to bear | Toronto Star

For normally stoic farmers, the stress of climate change can be too much to bear | Toronto Star: The wind was unusually strong, and it swept across Saskatchewan farmland without warning or mercy to canola farmers who had just cut and laid out their crops to dry.
Kim Keller, 31, remembers the mid-September day clearly. It was 2012, her first year working back on the family’s 4,900-hectare grain farm in Gronlid, a hamlet about 200 kilometres northeast of Saskatoon. An auto insurance adjuster for the previous six years, Keller realized after a decade away that the farm is where she yearned to be.
The windstorm was fast, furious and persistent. “We watched as all our hard work was literally blown away,” Keller said. “I wondered to myself, what did I just do? I had quit a stable job, and in my first year of farming my crop was literally gone. It had a massive impact on our livelihood.”

A growing way to farm - South Bend Tribune: Market Basket

A growing way to farm - South Bend Tribune: Market Basket: t's a little crazy when you see it for the first time. It's like stepping into some futuristic growing operation in a science-fiction movie.
Rows of towers stacked high with leafy greens, all under the soft, pinkish glow of LED lights. You almost expect hovering robots to dart around tending to the veggies.

Caribbean to benefit from on line course in biotechnology in agriculture | Antigua Observer Newspaper

Caribbean to benefit from on line course in biotechnology in agriculture | Antigua Observer Newspaper: The Inter-American Institute for Cooperation on Agriculture (IICA) says agricultural technicians, specialists and producers from Latin America and the Caribbean (LAC) will be able to benefit from a course on applied biotechnology in Agriculture next month.

It said the objective of the online course is to improve agricultural production in the region and strengthen national capacities.

The technical training course for professionals and producers is organized by IICA and the Center for Research and Advanced Studies of the National Polytechnic Institute of Irapuato (CINVESTAV).

Montana's agriculture economy takes a hit as prices drop | News | billingsgazette.com

Montana's agriculture economy takes a hit as prices drop | News | billingsgazette.com: Montana’s wheat bubble is rapidly deflating, according to the 2015 pricing reports issued this week....

Dwindling bee, butterfly populations pose agriculture threat - UPI.com

Dwindling bee, butterfly populations pose agriculture threat - UPI.com: Important invertebrate pollinator species, like the honeybee and butterfly, are under a threat of extinction due to a number of environmental pressures, many of them man-made, a new study found.

TIAA-CREF and the University of Illinois launch TIAA-C | TIAA

TIAA-CREF and the University of Illinois launch TIAA-C | TIAA: TIAA-CREF, a leading financial services provider, today launched the TIAA-CREF Center for Farmland Research at the University of Illinois. The new center will enhance the university’s research and educational initiatives for its students and the agricultural community, including investors, farmers, researchers and businesses.

The TIAA-CREF Center for Farmland Research will conduct research and host academic symposiums focused on farmland prices and the financial aspects of farm management. The center will serve as a specialized academic unit within the university’s College of Agricultural, Consumer and Environmental Sciences. It will also support Farmdoc, the university’s widely-read online research program on the agricultural sector. An advisory board of TIAA-CREF and university representatives will provide guidance for the center.

Drop in Farm Income ... | Business News | Agriculture

Drop in Farm Income ... | Business News | Agriculture: The third year in a row of low farm income will intensify financial strain on producers and could lead to some agricultural consolidation, said economist Nathan Kauffman of the Kansas City Federal Reserve Bank. "2016 is a critical year," he said, for operators who depleted working capital over the past two years.
"Anytime you see an industry in transition, you typically tend to see some of this re-allocation of assets," Kauffman said in a presentation at USDA's annual Outlook Forum. "That's the manner in which it would probably be most likely, where you would see producers starting to face difficulty in liquidity (and) needing to to sell some assets."

Ag banks share financial outlook for early 2016 - AgriNews

Ag banks share financial outlook for early 2016 - AgriNews: Bankers project less across the board for farm income, farm spending, farmland value and cash rent.

At least that is what the latest quarterly survey by the Federal Reserve Bank of St. Louis indicates. Economist Kevin Kliesen prepared the survey report, and he recently shared the results collected from Dec. 15 to Dec. 30 by the bank.

The information is based on the responses from 33 agricultural banks within the boundaries of the Eighth Federal Reserve District, which encompasses all or parts of seven Midwest and Mid-South states, including the southern half of Illinois. Here are highlights:

Investment Trends - Advice for investors: Buy the farm

Investment Trends - Advice for investors: Buy the farm: As the global middle class grows and its appetite for protein expands, a Union Grove money manager is proposing a relatively new way for individual investors to play the trend: farmland.

It is a well-known phenomenon that as they gain wealth, emerging market consumers add more protein to their diets.

And the shift from rice to chicken and pork fuels demand for grain.

"It takes about eight pounds of grain to create one pound of meat, so demand goes up geometrically as more and more meat is consumed," said Richard P. Imperiale, president of Uniplan Advisors Inc.

In the U.S., farmland properties have regularly outperformed other real estate asset classes over the long term, Imperiale said.

Saturday, February 27, 2016

Avoid Risky Business - News | Farm Journal Legacy Project

Avoid Risky Business - News | Farm Journal Legacy Project: All family businesses have conflict. � How a family responds to conflict is usually the marker between success and failure of the business. Hoping the conflict will go away or waiting for death, divorce or the economy to�resolve issues rarely works. However, confronting the issues even though it’s hard work can lead to a stronger family and healthier business.

If you’re in succession transition or starting a family business, it’s essential to spend time and effort confronting the issues and locating their source. As family members work together, they often experience angry outbursts, long silences, poor communication or awkward family gatherings. �

U.S. Farm Exports to... | Business News | Agriculture

U.S. Farm Exports to... | Business News | Agriculture: U.S. farm exports will tumble to $125 billion this year, down 10% from 2015 and the lowest sales total since 2010, USDA said in an updated forecast. Smaller sales to China accounts for one-third of the estimated decline of $14.7 billion in U.S. exports from last year.
"In general, strong competition and reduced demand have contributed to falling U.S. export sales," said USDA chief economist Robert Johansson at USDA's annual Ag Outlook Forum. "However, much of the reduction in value this year compared to FY2015 is due to lower prices for grain and feed exports."
Canada would replace China as the number one export market for U.S. crops and livestock for the first time since 2010, with imports forecast for $20.8 billion this year. China and Mexico would tie for second place at around $17.5 billion. In 2015, China bought $22.5 billion of U.S. ag exports.

Russia to up grain production 25% by 2030 - Agriculture ministry — RT Business

Russia to up grain production 25% by 2030 - Agriculture ministry — RT Business: The Russian agriculture ministry is predicting grain production will increase by 25 percent over the next fifteen years to 130 million tons as a part of the strategic development of the cereals market.
Growth will come from expanding the areas current planted with grain. Cropped fields are expected to increase to 49 million hectares (490,000 sq km) as opposed to the current 46 million. The average yield is projected at 2.74 tons per hectare from the current 2.36.

Nevada agriculture rebounds while international demand struggles | News, Weather, Sports, Breaking News | KRNV

Nevada agriculture rebounds while international demand struggles | News, Weather, Sports, Breaking News | KRNV: University of Nevada cooperative extension hosted the Nevada Agriculture Outlook Thursday. Experts had two main focuses: how international and national markets influence local prices, and after years of drought how the supply and demand will shift due to a wet winter.

Nicklaus: Monsanto places its bets on the future of agriculture : Business

Nicklaus: Monsanto places its bets on the future of agriculture : Business

Number of farms in Virginia declines

Number of farms in Virginia declines: Recent statistics put out by the Va. Dept. of Agriculture show a drop in the number of farms and amount of farmland across the commonwealth..

In 2015, the total number of farms in the state decreased by 1,200 from the previous year.

Total farmland also shrunk by 100,000 acres last year.

The average farm size in Virginia increased by about two acres.

Some local farmers think the numbers could be the result of the increasing age of farmers, who might have retired or sold their land.

The influence of urban areas might have also had an impact on the drop in farms, something that is likely more noticeable in other parts of the state.

Farmland market to remain stable | The Scottish Farmer

Farmland market to remain stable | The Scottish Farmer: But despite this jump in availability, the overall supply of farmland is still relatively constrained, according to the latest research from land agents Savills.

The firm's Jamie Wedderspoon said: "Following a long period of uncertainty, which has been fuelled by a poor economy, CAP changes and impending land reform, advertised farmland supply is now back to 2013 levels. However, we still remain in a period of historically low supply which continues to support the prices that are being achieved in Scotland."

Pennsylvania protects additional 27 Farms in nation-leading farmland preservation program | February 26, 2016 | www.pabusinesscentral.com | PA Business Central / Marcellus Business Central / PA Business Woman

Pennsylvania protects additional 27 Farms in nation-leading farmland preservation program | February 26, 2016 | www.pabusinesscentral.com | PA Business Central / Marcellus Business Central / PA Business Woman: High-quality farmland in 18 Pennsylvania counties will remain in agricultural production thanks to the state’s Agricultural Land Preservation Board. During today’s meeting, the board took action to safeguard 2,412 additional acres on 27 farms through the state’s nation- leading farmland preservation program.

Since the program began in 1988, federal, state, county and local governments have invested more than $1.3 billion to preserve 518,827 acres on 4,919 farms in 57 counties for future agricultural production.

The board approved a $31 million state funding threshold for 2016 easement purchases. Counties across Pennsylvania have certified $14.1 million for farmland preservation in 2016. Between state and county funding, $45 million will be invested in Pennsylvania farmland in 2016. Additional land will be preserved through nonprofits and bargain sales, where owners of farmland agree to receive less than fair market value for the lands’ development rights.

Farmers need to stop treating soil like dirt: Buffett | Farms.com

Farmers need to stop treating soil like dirt: Buffett | Farms.com: During the United States Department of Agriculture’s annual outlook forum, Howard Buffett, son of billionaire Warren Buffett turned heads yesterday when he said farmers should practice crop diversification and be better environmental stewards to avoid more government intervention.

During a joint presentation with Agriculture Secretary Tom Vilsack, Buffett said proof of care for resources needs to be shown.

Friday, February 26, 2016

8 Ag Numbers to Know in '16 | Agweb.com

8 Ag Numbers to Know in '16 | Agweb.com: Whether you're wondering what to plant or how to adjust your marketing plan for the year ahead, you'll want to familiarize yourself with the latest numbers from USDA. Released at the agency's annual Agricultural Outlook Forum in Arlington, Va., these figures provide the framework for USDA's regular�data releases�and the market's assumptions about ag commodities in the months and years ahead.�

Futures hold higher after data; oil eyed

Futures hold higher after data; oil eyed: U.S. stock index futures indicated a higher open on Friday as traders eyed data and the price of oil.

Dow futures held earlier gains of more than 100 points after the second read on fourth-quarter gross domestic product showed a 1.0 percent rise.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly higher on short covering as traders wait for information from USDA outlook conference. Outside markets are focusing on comments out of the G20 meeting being held in Shanghai, China.

Farmers pricing out basis contracts against the March futures ahead of first notice day are keeping pressure on corn prices. Crude oil remains in a $4.00 consolidation pattern for the past few weeks. US Dollar has resistance at the 98.00 level.

Thursday, February 25, 2016

Number of Maryland farms shrinks in 2015 - WTOP

Number of Maryland farms shrinks in 2015 - WTOP: The U.S. Agriculture Department says the number of farms in Maryland continues to shrink.

The USDA’s National Agricultural Statistics Service in Annapolis says in a statement that the number of farms in Maryland in 2015 is estimated at 12,200. That’s 100 fewer than in 2014.

Salmonella outbreak linked to alfalfa sprouts from Sweetwater Farms - CBS News

Salmonella outbreak linked to alfalfa sprouts from Sweetwater Farms - CBS News: Thirteen people have become ill and five were hospitalized as the result of a salmonella outbreak in at least four states, according to the Centers for Disease Control and Prevention.

Perform a Technical Checkup | Agweb.com

Perform a Technical Checkup | Agweb.com: Fundamentals of supply and demand are an important piece of the marketing puzzle, but technicals are equally critical. The very act of reading a commodity price chart, though, can be stressful and confusing.�

That’s why understanding the basics of technical analysis can be helpful for producers who want to double down on marketing education this year. You won’t base every decision off of what you see, but keeping an eye on price movement and historical data can yield clues that help you think about the big picture and ask better questions of your marketing advisers.�

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly higher as traders even positions before the USDA releases its presentation at the 92nd Ag Forum in Washington DC. Trade is expecting aggressive corn sales on weekly export data. Outside markets are calm with stock indices and crude down slightly. The US Dollar is near unchanged.

Our conversations with customers this week suggest more corn is being sold as basis contracts must be priced before first notice day of the March contract. Farmers say they are pricing now because they need to raise some cash.

USDA should provide its acreage outlook for 2016/17 crop year about 7:00 am CT today. Traders surveyed are looking for an increase of about 1.7 million acres in planted corn acres versus last year and about 700,000 acre increase in soybean planted acres. Tomorrow morning will release their supply and demand for the major crops. Trade average corn ending stocks is 1.891 billion bushel, soybeans 516 million bushel and wheat 1.005 billion bushel.

Wednesday, February 24, 2016

Savills | Motives of buyers and sellers of farmland remain diverse

Savills | Motives of buyers and sellers of farmland remain diverse: Farmers made up 50% of farmland sellers last year – the highest proportion in seven years. For some this may be due to low commodity prices and the short term outlook for UK agriculture, others and in particular those without successors will undoubtedly have been prompted by the chance to capitalise on high land values and retire.
Also reflecting a more cautious sentiment; data from our research team and published today in Market Survey: UK Agricultural Land 2016 shows, farmers made up the smallest proportion of buyers since 2003 – at 43% of all transactions. Meanwhile, non-farmers including lifestyle buyers, investors, and institutional/corporate buyers represented the biggest percentage of farmland buyers in the past 12 years.

Questions landowners should consider when renting farmland

Questions landowners should consider when renting farmland: Many landowners and farmers are considering renegotiating land rental rates in light of lower grain prices.� Dollar amounts are important, of course, but should not be the only consideration when negotiating rent.
Landowners may want to consider taking lower rent if the farmer is willing to do practices that improve the soil and the long-term productivity and value of your land. It is also worth considering offering a multi-year lease to the farmer that is willing to do more to improve your land. Other questions to consider include:

USDA to measure farmland rental rates

USDA to measure farmland rental rates: Beginning in February, the U.S. Department of Agriculture's National Agricultural Statistics Service will contact Wisconsin farmers and ranchers to gather land rental rate information for the Cash Rents and Leases survey.

The results of this survey will serve as a valuable decision-making tool for farmers, ranchers and other landowners and will help shape negotiations for 2017 rental agreements.

NASS will publish average cash rental rates at national, state and county levels for non-irrigated cropland, irrigated cropland, and pastureland on September 9, 2016.

"This brief survey is our only source of county cash rental rates," said NASS' Wisconsin Field Office State

Statistician Greg Bussler. "Since the last rental rate survey was conducted two years ago, it is critical for producers to

Farmland prices stabilizing: But why not in Calif.?

Farmland prices stabilizing: But why not in Calif.?: After a precipitous fall in recent years, farmland values have started stabilizing in parts of the Midwest and are even showing strength in Washington state.

But out in California, where prices for land had never stopped rising until recently, a decline in high-value crops, such as nuts, is causing the market to cool.

Dow futures fall 150 points; oil sheds 3%

Dow futures fall 150 points; oil sheds 3%: U.S. stock index futures indicated a lower open on Wednesday as global markets slumped once again on the back of oil price declines.

Dow futures fell 150 points, while S&P and Nasdaq futures also pointed to a sharply lower open, as U.S. crude prices dropped 3 percent.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as they test support of a narrow trading range. Outside markets are creating headwinds as the US Dollar is higher and crude oil is lower.

Tomorrow morning USDA will provide its acreage outlook for 2016/17 crop year. Trader's average estimate, gathered by Bloomberg, is suggesting an increase of 1.7 million acres in planted corn and about a 700,000 increase in soybean planted acres. Friday morning we will get the supply and demand for the major crops. Trade average corn ending stocks is 1.891 billion bushel, soybeans 516 million bushel and wheat 1.005 billion bushel.

First notice day for delivery against the March grain and oilseed contracts is Monday February 29.

Tuesday, February 23, 2016

The Real Reason a Million Acres of America's Farmland Disappeared Last Year | Gizmodo India

The Real Reason a Million Acres of America's Farmland Disappeared Last Year | Gizmodo India: One million acres of farmland basically vanished from the United States last year alone. Was it due to the weird weather, condo uberplexes, a blip in the space-time continuum? Nope, it's something else entirely: the fundamental realities of farming.
A new federal report out this week pinned the loss of American farmland in 2015 over a million acres. In the same period, 18,000 farms disappeared. At the same time, huge farms are getting bigger and bigger-This is all part of a trend that's been going on for at least the last eight years.

Longtime growers to sell 1,025 acres of their Grant County farmland -- MOSES LAKE, Wash., Feb. 22, 2016 /PRNewswire/ --

Longtime growers to sell 1,025 acres of their Grant County farmland -- MOSES LAKE, Wash., Feb. 22, 2016 /PRNewswire/ --: After 32 years of growing potatoes and other crops in Grant County, Ron and Robin Fode are now preparing to trim back their operations and will offer approximately 1,025 acres of their rich farmland – most of which is irrigated – at auction.

Chuck Yarbro Auctioneers Inc. will conduct the event, in cooperation with Schrader Real Estate and Auction Company.

Haiti Episcopal college prepares students for agriculture, agribusiness | The Episcopal Diocese of Louisiana

Haiti Episcopal college prepares students for agriculture, agribusiness | The Episcopal Diocese of Louisiana: On a recent February morning a young Haitian man riding high on a John Deere tractor tilled the fields, readying them for the first planting of the year at the St. Barnabas Center for Agriculture, an Episcopal college located on 475 acres of fertile coastal plain in northern Haiti.
As the tractor turned over the dark, clay soil, preparing it for planting, two young men worked to patch a crack in a cement water tank, two others pulled weeds from a carrot patch, and another two used blue and green plastic watering cans to hand-water beets, carrots and leafy greens growing in test plots and the seedlings coming to life in the greenhouse. Another young man drove cattle across the back of the property, while others continued to clear more land for the tractor and future planting.

Investors flock to food and agriculture technology | Grist

Investors flock to food and agriculture technology | Grist: A new report from�AgFunder (an online venture capital middleman) presents evidence of a�surge of private money going into food and farm technologies. In 2015, investors put $4.6 billion into the field, up from $2.3 billion in 2014. That’s a good thing for the environment, mostly.

I include that�“mostly” caveat because the biggest chunk of that money went to food e-commerce — and getting your groceries delivered, or buying takeout with 3 percent higher efficiency, is probably not going to improve the world. But it’s heartening to see the AgFunder people write that “we think that the food e-commerce sector continues to be overheated against a backdrop of questionable unit economics and increasing competition.”

US agriculture will see $4.4B boost from Pacific trade deal | TheHill

US agriculture will see $4.4B boost from Pacific trade deal | TheHill: U.S. agriculture will experience substantial benefits from a sweeping Asia-Pacific trade agreement and is urging Congress to quickly pass the agreement, according to a new economic analysis released on Tuesday.

The American Farm Bureau Federation's new report�concludes that congressional passage of the Trans-Pacific Partnership (TPP) agreement would boost the bottom line for the nation's farmers by $4.4 billion over levels expected if Congress fails to ratify the deal between the United States and 11 other nations.

City-by-city look at U.S. house prices in December - MarketWatch

City-by-city look at U.S. house prices in December - MarketWatch: U.S. home prices were steady in December, but home values in 2015 ran well ahead of inflation on jobs growth and low inventories, according to data released Tuesday.

Analysts Discuss Acreage, Weather | Agweb.com

Analysts Discuss Acreage, Weather | Agweb.com: “We already know that winter wheat acres are down 3 million … and our thought is that spring wheat will down about another million,” said analyst Dustin Johnson of Ag Yield, speaking on U.S. Farm Report. “The acres that (have been) lost aren’t great corn- and bean-growing ground, so we could see some of it go to corn and beans, but I think a lot of it will go to sorghum as well.”

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly lower in a very narrow trading range. Outside markets are back peddling on turnaround Tuesday.

Corn and soybean futures remain in a trading range with many looking for the USDA Ag Forum to provide some further excitement for a rally. South American rains have provided some short covering in corn but are met with enough farmer selling to stall the rally.

There is more talk of a hotter/dryer growing season in the US which provides support on price weakness keeping grains in a narrow range. This trading range may exist until planters start rolling.

Monday, February 22, 2016

Farmland erosion could be a growing concern - Journal-Courier - myjournalcourier.com

Farmland erosion could be a growing concern - Journal-Courier - myjournalcourier.com: Erosion could become a growing problem for farmers in coming years, according to a soil expert.

University of Illinois Extension educator and soil specialist Duane Friend said December’s rainfall was the second highest total on record in Illinois, which led to a lot of farmland erosion. The statewide average was 6.7 inches of rain, which was four inches above the normal amount for December.

Minnesota farmland prices slip after years of increases | The News Tribune

Minnesota farmland prices slip after years of increases | The News Tribune: Many crop growers in Minnesota could see their profits squeezed in 2016.

Farmland prices in Minnesota continue to slip after more than a decade of increases. And prices for corn and soybeans are staying relatively low.

One in five dairy farms in Britain could close this year | Metro News

One in five dairy farms in Britain could close this year | Metro News: The number of dairy farms in Britain have plummeted to 10,500 compared to the 21,000 that existed 10�years ago.

Agriculture's potential not being realized in Africa | World Agroforestry Centre

Agriculture's potential not being realized in Africa | World Agroforestry Centre: With the price of oil and metals declining fast, there is “an opportunity for Africa to recreate itself in agriculture and agro-allied industries,” says an article in Footprint2Africa.

For example, West African nations supply two-thirds of the world’s cocoa with C�te d’Ivoire leading production, followed by Ghana, Nigeria, Cameroon and Togo. The article quotes the World Agroforestry Centre as saying that Ghana, Nigeria and C�te d’Ivoire grow some of the best quality cocoa in the world.

A dry future weighs heavy on California agriculture (Growing heavy) — High Country News

A dry future weighs heavy on California agriculture (Growing heavy) — High Country News: On a hot summer afternoon, California farmer Chris Hurd barrels down a country road through the Central Valley city of Firebaugh, his dog Frank riding in the truck bed. He lurches to a stop in front of Oro Loma Elementary School, which was built in the 1950s to accommodate an influx of farmers’ and farmworkers’ children. “All three of my sons went here,” Hurd says, as we walk through overgrown weeds toward the shuttered building, closed in 2010. “I was on the school board, the grass was green, kids were running around. Now it’s a pile of rubble.”

Australia turns to agriculture as mining boom cools - BBC News

Australia turns to agriculture as mining boom cools - BBC News: It is an early start for the workers at the Oakey Beef exports factory in Toowoomba, Queensland.
Everyone's hard at work, with only the clangs of the sharp knives of the meat slicers to break up the monotony.
It is a scene straight out of a futuristic film: dozens of men, in pristine white lab coats and hats, on a production line, hacking away at massive chunks of raw meat hanging in front of them.
Some of the workers here have been on this factory floor for close to two decades - fathers and sons, generations of families who have worked here. The factory has become an integral part of this town's life.

Farmers in Fringe Areas Consider Alternative Crops | Agweb.com

Farmers in Fringe Areas Consider Alternative Crops | Agweb.com: Corn, soybeans, and wheat might give up some acres this spring to a host of alternative crops, including sunflowers and peas,�in the fringe areas of the Corn Belt.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering. Outside markets are higher as traders start the week with a risk on attitude. The US Dollar and crude oil gain in value this morning.

Weather conditions around the world are creating headwinds to grains as Argentina, Brazil and South Africa receive rain. Brazil’s port loadings may see some delay from rain this week.

Join us in our next webinar February 23rd at 8:00 PM CST. Register. Allendale's Rich Nelson will give a look at the factors that may impact US acreage, and some early thoughts on how the acreage numbers could fall ahead of our annual planting intentions survey.

China imports of DDGs during January were four times as much as a year ago. Sorghum imports during January were nearly 1 million tonnes.

Sunday, February 21, 2016

Jiffy Lube NNN Leased Building, Southeast

5.75% cap rate. Rent bumps. Prime location. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

Dollar General NNN Leased Property, Southeast

7% cap rate. New construction Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

Beautiful Estate Home on Water, Marathon, Florida

Beautiful estate home/retreat. Walled and gated. Private boat dock with direct access to Gulf of Mexico. Long list of amenities. Price is below many similar size homes in the area. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

Estate Home on Farm, Yolo County, CA

Beautiful estate home on working farm. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

Lot In Silver Lake Area, Los Angeles

Beautiful views. Resonably priced. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

Number Of Farms In South Dakota Falls By 400 � WCCO | CBS Minnesota

Number Of Farms In South Dakota Falls By 400 � WCCO | CBS Minnesota: Federal agriculture officials say the number of farms in South Dakota dropped by about 400 last year.

The U.S. Department of Agriculture’s National Agriculture Statistics Service says the number of farms and ranches closed the year at 31,300. That’s down 400 from 2014.

Fewer farms in Kansas may be linked to low grain prices | Local News - Home

Fewer farms in Kansas may be linked to low grain prices | Local News - Home: The number of farms and ranches in Kansas, dropped by 600 in 2015, according to data from the National Agricultural Statistics Service.�

Some Kansas farmers say this year's forecast for low grain prices might be part of the reason behind that change.

Iowa Lost 500 Farms Last Year As Average Farm Size Edges Up

Iowa Lost 500 Farms Last Year As Average Farm Size Edges Up: Iowa lost 500 farms last year, continuing a trend seen in recent years in which there are fewer farms operating and those that remain are becoming larger.

The number of farms in Iowa has fallen about 1.6 percent in the last five years while the average farm size has increased 1.5 percent.

Russia Wants to Increase Agriculture Exports to China, Southeast Asia

Russia Wants to Increase Agriculture Exports to China, Southeast Asia: Russia is interested in�increasing agricultural exports to�China and Southeast Asia, Agriculture Minister Alexander Tkachev said Sunday.

Farm income down to 2002 levels, but declines easing - AgriNews

Farm income down to 2002 levels, but declines easing - AgriNews: Moderate declines in both net cash and farm net income are forecast for 2016.

The U.S. Department of Agriculture’s Economic Research Service reported Feb. 9 that net cash income is expected to fall by 2.5 percent, while net farm income is projected to decline 3 percent this year.

The declines are moderate compared to the 27 percent and 38 percent net cash income and net farm income, respectively, which occurred in 2015.

Net cash farm income is forecast at $90.9 billion, and net farm income is forecast to be $54.8 billion. If realized, 2016 net farm income would be the lowest since 2002, in both real and nominal terms, and a drop of 56 percent from its record high of $123.3 billion in 2013.

Cash receipts are forecast to fall $9.6 billion, 2.5 percent, in 2016, led by a $7.9 billion, 4.3 percent drop in animal and animal product receipts and a $1.6 billion, 0.9 percent decline in crop receipts.

For Russian Farmers, Climate Change Is Nyet So Great : The Salt : NPR

For Russian Farmers, Climate Change Is Nyet So Great : The Salt : NPR: The National Oceanic and Atmospheric Administration says last month was the warmest January on record. That sets off alarm bells for climate scientists, but for the average person living in a northern climate, it might not sound so bad.

That's what many people are saying these days in Russia, where the expected icy winter has failed to materialize this year – to widespread joy. Of course, any climate scientist will tell you that an unusually warm month — or even a whole warm winter — doesn't mean much. It's the long-term trend that counts.

Avison Young handles $5.3M Okeechobee land sale

Avison Young | Okeechobee | Farmland: Real estate brokerage Avison Young represented the seller of 1,107 undeveloped acres in Okeechobee for $5.3 million.
Avison Young principals Gary Gottlieb and Keith O’Donnell represented the seller, Dry Lake Properties, LLC, in its $5.3 million transaction with the buyer, Mission Farms of Wellington, Inc.

How to survive financial crisis - AgriNews

How to survive financial crisis - AgriNews: Ag economist Nick Paulsen calls the current downside cycle in ag finances an “economic reset.”

For this specialist with the University of Illinois, Paulsen said during the Illinois Soybean Association’s 2016 Soy Summit in Effingham that reviewing and adjusting farm budgets is critical for the next five years.

“During this economic reset, we will see volatility, but it also will present opportunity with much bigger financial risks moving forward,” he said.

Emphasizing that farmers have not experienced an economic reset since the 1980s, the current cycle is on the downside and may not start improving for at least another two years.

What this means for farmers is looking where to save money and assessing opportunities to spend smarter. Based on data from farms in the Illinois Farm Business and Management Association, Paulsen said the likely targets for cost reductions in corn and soybean expenses are seed, machinery and other capital expenses, fertilizers and chemicals and cash rent because they account for the most of the budget.

‘Dream team’ made sale of fabled W.T. Waggoner Ranch a reality | Dallas Morning News

‘Dream team’ made sale of fabled W.T. Waggoner Ranch a reality | Dallas Morning News: Selling the fabled W.T. Waggoner Ranch was the deal that wouldn’t get, couldn’t get done.

But Dallas real estate broker Bernie Uechtritz knew that he could.

Two and a half years ago, the Briggs Freeman Sotheby’s International Realty adviser came up with a Hail Mary marketing plan to keep the 535,000-acre ranch off the auction block.

Saturday, February 20, 2016

Investment Grade NNN Leased Properties For Sale, Nationwide

Investment grade NNN leased properties for sale nationwide. We can put together portfolio packages to match your investment size and cap rate. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 


Krystal Net Leased Property, Louisiana

Lease bumps. New. Over 6% cap rate. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

10 Unit Apartment Complex For Sale, Tennessee

Attractive low rise 10 unit apartment complex. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

Indie Motel For Sale, California

High cap rate. High AAA rating. Priced just over $10 million. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

Roofing Company For Sale In Florida

Roofing company business for sale in one of the most beautiful towns in the United States. Good opportunity for someone in the roofing business who would like to relocate to a warmer and high growth area. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

Travelodge Franchised Motel For Sale, Western U.S.

Excellent starter motel. Priced under $20,000 a room. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

30 Room Indie Motel For Sale, Utah

Attractive 30 room starter motel for sale in Utah. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

WalMart Market NNN Lease For Sale in Southeast

WalMart Market
NNN Lease

5% Cap Rate
Rent Bumps

Robert W Neill Jr, Real Estate Broker
 662-237-6969 (Landline)
 601-519-0075 (Text or Talk)
(662) 229-8230 (Text or Talk) or email 

Office Condo For Sale Near Miami Airport

Office condo for sale near Miami International Airport. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

2 Subway Franchises in Indiana For Sale

Good opportunity to acquire 2 Subway franchises in a major city. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

NNN Leased Strip Center For Sale, New Mexico

New construction with 2 national tenants. 6.15% cap rate. Excellent location near national retailers. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

10 Unit Apartment Complex For Sale, Florida

10 unit apartment complex for sale. Low rise building. Good location. Priced under $50,000 per unit. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

Miami Subs NNN Leased Property For Sale, Florida

Excellent condition. Long lease left. 5.10% cap rate. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

Small Winery For Sale, Near Sacremento, CA

Beautiful small winery operation for sale near Sacremento. Priced under $2 Million. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk)(662) 229-8230 (Text or Talk) or email 

Childcare NNN Leased Property, Virginia

7% Cap Rate. Leased to national provider. Contact Robert W Neill Jr, Real Estate Broker, 662-237-6969 (Landline) 601-519-0075 (Text or Talk) (662) 229-8230 (Text or Talk) or email 

Rural Bankers Temper Bearish Outlook on Farmland - News | Agweb.com

Rural Bankers Temper Bearish Outlook on Farmland - News | Agweb.com: Possibly because they could not get any more bearish, the latest reading of rural banker attitudes toward farmland prices finds a slight improvement. The February Rural Mainstreet Index conducted by Creighton University's Dr. Ernie Goss, Omaha, Neb., finds the farmland index rising nearly six percentage points, or 25%, to 29.8. This leaves the index well below 50, which is considered growth neutral, but it is an improvement.

Market Simply ‘Buying Time’ While It Waits for USDA, Weather | Agweb.com

Market Simply ‘Buying Time’ While It Waits for USDA, Weather | Agweb.com: With weather still an unknown, planting season just around the corner, and USDA’s annual Agricultural Outlook Forum coming up, the market is waiting to see what happens.

“We’re buying time and going sideways,” said Jerry Gulke, president of the Gulke Group, on Farm Journal Radio with Pam Fretwell.�“I think the market is buying time—it’s not confused.�It just doesn’t see a a big move up (or) a�big move down without a weather event.”

Friday, February 19, 2016

Trouble On The Farm Prompts Deere To Slash Outlook - Forbes

Trouble On The Farm Prompts Deere To Slash Outlook - Forbes: All is not well�on American farms.

John Deere DE -4.15% slashed its outlook for the year on Friday,�as it continues to grapple with a�U.S.�farming downturn that has translated�into weaker�demand for its equipment.

For 2016, the company expects�sales to fall about 10%, versus previous estimates of a 7% decline.�Earnings are expected to come in at�$1.3 billion, instead of $1.4 billion.

Small farms on the decline | Local | journalstar.com

Small farms on the decline | Local | journalstar.com: The number of farms and ranches in Nebraska declined by 400 during 2015 to 48,700, according to an annual report by the USDA’s National Agricultural Statistics Service released Thursday.

Total Nebraska farm and ranch land totaled 45.2 million acres, unchanged from 2014. The average size of operation, at 928 acres, was up 7 acres from a year earlier.

More U.S. Farms Close Up Shop As The Remaining Ones Grow Larger | KUNC

More U.S. Farms Close Up Shop As The Remaining Ones Grow Larger | KUNC: The number of farms and ranches in the U.S. is on the decline and the farms that remain are getting bigger, according to new data from the U.S. Department of Agriculture.

The U.S. has lost nearly 120,000 farms since 2008, and 18,000 last year alone, according to the U.S. Department of Agriculture. The average farm size in the U.S. increased 5 percent over those 7 years, to an average size of 441 acres in 2015.

Agrimoney.com | US farmland prices extend decline - but at slower pace

Agrimoney.com | US farmland prices extend decline - but at slower pace: US farmland prices have extended a retreat which began in late 2013 – but at a slightly slower pace, chiming with signs that the retreat in crop values has at least found a bottom.

A farmland price index compiled by Creighton University for main agricultural states, from North Dakota to Kansas, came in at 29.8 for February, coming in for a 27th successive month below the 50 level which indicates a neutral market.

Rural Bankers Temper Bearish Outlook on Farmland - News | Agweb.com

Rural Bankers Temper Bearish Outlook on Farmland - News | Agweb.com: Possibly because they could not get any more bearish, the latest reading of rural banker attitudes toward farmland prices finds a slight improvement. The February Rural Mainstreet Index conducted by Creighton University's Dr. Ernie Goss, Omaha, Neb., finds the farmland index rising nearly six percentage points, or 25%, to 29.8. This leaves the index well below 50, which is considered growth neutral, but it is an improvement.

Cuba, U.S. rebuild trade relationship with tractors, travel | Cattle Network

Cuba, U.S. rebuild trade relationship with tractors, travel | Cattle Network: A little over a year after President Barack Obama announced plans to normalize relations with the island nation just 90 miles from Florida, the U.S. Treasury has approved the construction of the first U.S.-owned factory in Cuba in more than 50 years.

The best part? It’s a tractor factory, run by two retired software engineers who live in Alabama and want to manufacture small farm machinery for Cuba’s family farmers.

When Farmland Auctions Ignore Price Trends - Crops - News | Agweb.com

When Farmland Auctions Ignore Price Trends - Crops - News | Agweb.com: The headlines have been consistent – farmland values have been trending downward for several years.

“Lower grain and livestock prices are a major factor in the current measured decline in land values,” according to Randy Dickhut, vice president of real estate operations for Farmers National Company. “As net farm income continues to fall from the 2013 peak, we expect to see this trend in many agricultural regions of the country.”

Dickhut predicts price stabilization in 2016, due in part to lower-than normal supply of farmland for sale. And values remain higher than they were 5 to 7 years ago, and should continue to be a positive long-term investment, he says.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly lower as are other commodities. Profit taking attitude circulates amongst traders ahead of the weekend.

March corn futures fell below the 20 day and 50 day moving averages on Thursday. After 3 days of trading, the March futures contract is up 6 � cents. Traders will be looking to outside markets for guidance as fundamental news remains benign. Soybean traders will be watching weather at major Brazilian ports as loading delays could mean switching of shipments. But no news of that as of yet.

Thursday, February 18, 2016

Farmland auctions in Illinois, Ohio draw big crowds, solid prices, investor... -- COLUMBIA CITY, Ind., Feb. 18, 2016 /PRNewswire/ --

Farmland auctions in Illinois, Ohio draw big crowds, solid prices, investor... -- COLUMBIA CITY, Ind., Feb. 18, 2016 /PRNewswire/ --: Three farmland auctions in two days – two in Illinois and one in Ohio – achieved results that may point to continued demand as spring planting approaches. All three were conducted by Schrader Real Estate and Auction Company.

In Shelby County, Illinois, on Feb. 16, Schrader's auction of 241 acres resulted a sale for $2.8 million, or $11,574 per acre, with an investor emerging as the successful bidder for the three tracts. Later the same day, another capacity crowd turned out in Bureau County for the auction of 271 acres. That land, offered in four tracts, went to three different buyers for a total of $2.695 million, with an investor purchasing 157 acres for $1.7 million, or $10,786 per acre.

On Feb. 17, a smaller auction of 77 acres in Henry County, Ohio, resulted in the sale to an investor for $645,000, or $8,370 per acre.

Chicago Fed breaks down farmland values

Chicago Fed breaks down farmland values: Farmland values in the Seventh Federal Reserve District experienced an annual decrease of 3 percent for 2015, matching the yearly decline for 2014 and marking the first consecutive annual decline since the 1980s.

In addition, the final quarter of 2015 was the sixth straight quarter without the district as a whole seeing a year-over-year increase in agricultural land values.

The district, which includes Illinois, Indiana, Iowa, Michigan and Wisconsin, saw farmland values decrease 1 percent in the fourth quarter of 2015 relative to the third quarter.

When adjusted for inflation, the district’s decrease in farmland values for 2015 was actually smaller than the one for 2014.

Forest Trends | Building Carbon in America’s Farms, Forests, and Grasslands: Foundations for a Policy Roadmap

Forest Trends | Building Carbon in America’s Farms, Forests, and Grasslands: Foundations for a Policy Roadmap: Forest Trends and the Nicholas Institute at Duke University have authored a new report, "Building Carbon in America’s Farms, Forests, and Grasslands: Foundations for a Policy Roadmap." This innovative assessment offers new analysis to support a long-term roadmap for enhancing the U.S. land carbon sink, ensuring healthy and productive landscapes contribute to greenhouse gas reduction goals. The report is the first deliverable of the Land Carbon Policy Roadmap (LCPR) Initiative.

Cutting costs on your dairy farm - Farm and Dairy

Cutting costs on your dairy farm - Farm and Dairy: For the country’s dairy farmers, there doesn’t appear to be anything “sweet” to anticipate in ’16. On the contrary, slimming down production costs is essential.

With a four-year average total cost of production of $19.66 — which is already adjusted for bull calf and cull cow income — there is a yawning chasm between production costs and milk income per cwt.

Eastbourne downland farms to be sold - Eastbourne Herald

Eastbourne downland farms to be sold - Eastbourne Herald: Four downland farms in Eastbourne are to be sold by the council in a bid to boost cash reserves.

Black Robin Farm, Bullock Down Farm, Cornish Farm and Chalk Farm will be sold in a deal which could bring millions of pounds in to council coffers which could in turn pay for new projects in the town such as the redevelopment of the Devonshire Park complex and reinvesting in the downland.

Hawaiian Electric terminates plans for SunEdison's 3 Hawaii solar farms - St. Louis Business Journal

Hawaiian Electric terminates plans for SunEdison's 3 Hawaii solar farms - St. Louis Business Journal: Hawaiian Electric Co. has canceled SunEdison Inc.’s power purchase agreements for three proposed Hawaii solar energy farms after the Missouri-based solar giant missed several financing deadlines, SunEdison’s Hawaii executives confirmed to PBN.

From Farm To Table: Glenpool Farmer Offers 'Ultimate In Freshnes - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

From Farm To Table: Glenpool Farmer Offers 'Ultimate In Freshnes - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |: Locally-grown produce delivered straight to your door, the same day it’s harvested, that's the mission of a new farmer in Glenpool.
The owner of Sage Farms said it’s the ultimate in freshness, and he said for just being in business six months, business is good.

OECD Cuts Global Growth Forecast and Warns of Growing Risks - Yahoo Finance

OECD Cuts Global Growth Forecast and Warns of Growing Risks - Yahoo Finance: he OECD cut its global growth forecasts, saying the economies of Brazil, Germany and the U.S. are slowing and warning that some emerging markets are at risk of exchange-rate volatility.

South American Corn, Soybeans Getting More Competitive with U.S. | Agweb.com

South American Corn, Soybeans Getting More Competitive with U.S. | Agweb.com: This year’s huge soybean crops in Brazil and Argentina will compete heavily for international market share due to weaker South American currencies, good weather, a growing infrastructure, and historically low freight rates. And China will continue to be a voracious buyer of soybeans in 2016.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly lower while outside markets settle down after a volatile start to the week. Stock indices and crude oil are higher on follow through buying.

Fundamental news remains a headwind to price rallies: the Argentine crop continues to get larger, Dollar strength stalls, US exports and US farmers own large volume of grain. The bearish news is old news, traders are waiting for any new factors to trade on. Time will tell if the US growing season weather will be that catalyst.

Technical buying provides support in March corn as the 50 day moving average was taken out late in the session yesterday. Traders are now looking for a retest of the upper trading range at the 3.74 level. Soybean oil gets credit for the strength in soybeans as nearby March soyoil closes at the highest level since December 4. The March wheat has resistance on the charts at 4.70 and then at 4.74 � (50 day moving average).

Wednesday, February 17, 2016

Tama County farm ground dips to under $8,000 per acre in avg. value - TamaToledoNews.com | news, information, Iowa, Toledo Chronicle, Tama News-Herald

Tama County farm ground dips to under $8,000 per acre in avg. value - TamaToledoNews.com | news, information, Iowa, Toledo Chronicle, Tama News-Herald: Farm ground in Tama County was down 6.72 percent in value to $7,985 per acre according to the 2015 Farmland Value Survey conducted by the Center for Agriculture and Rural Development in the Economics Department at Iowa State University and Iowa State University Extension and Outreach. The annual report on Iowa land values has been made since 1941.

The survey and past records show this is the second year in a row for a decrease in price in Tama County. The 2014 average value for Tama County was $8,560 per acre.

Farmland in the south east is worth more than anywhere else in Ireland - Agriland

Farmland in the south east is worth more than anywhere else in Ireland - Agriland: Farmland�in the south east of the country is worth more than land anywhere else in Ireland, new figures from Sherry FitzGerald and DTZ Sherry FitzGerald show.

Kane County farmland owners face good news/bad news scenario | Kane County Chronicle

Kane County farmland owners face good news/bad news scenario | Kane County Chronicle: There is good news and bad news facing Kane County farmland owners this year.

How is Agriculture Affected by Rising Interest Rates?

How is Agriculture Affected by Rising Interest Rates?: Right before the holiday season, the U.S. Federal Reserve decided to increase the benchmark interest rate for the first in time over a decade. The slight increase was widely expected and came when the economy was regularly adding jobs and in much stronger condition than during the depths of the Great Recession.

Even with the hike, rates still remain historically low. More so, a hike represents the start to a return to normalcy, after interest rates were pushed down to near zero roughly seven years ago.

GIZ – Farmers Receive Training on Climate Smart Agriculture Practices | GOV.gd

GIZ – Farmers Receive Training on Climate Smart Agriculture Practices | GOV.gd: As part of a Program on Integrated Climate Change Adaptation Strategies (ICCAS), the German Agency for International Cooperation (GIZ) designed a training programme on Climate Smart Agriculture (CSA).

This Capacity Development and Dissemination program for CSA, engaged agricultural technical officers in the Ministry of Agriculture, Lands, Forestry, Fisheries and the Environment, the Ministry of Carriacou, Petite Martinique, the Marketing and National Importing Board, the Grenada Cooperative Nutmeg Association and the Grenada Cocoa Association.

The first phase of the training programme, which was implemented in cooperation with the Inter-American Institute for Cooperation on Agriculture (IICA) came to an end with the closing ceremony on February 10th 2016.

The objective of the training was to disseminate knowledge on CSA within the agricultural sector through the GIZ developed Modules of Sustainable Agriculture. The training also included a demonstration on how to build a compost bin over a 10 week period, using Mr. Winston Ottley’s farm in Mt. Cassell, St. Andrew’s as the pilot.

Reuters - Italy's mafia harvests big gains from agriculture

Reuters - Italy's mafia harvests big gains from agriculture: Italy’s mafia has infiltrated huge swathes of the country’s agriculture and food business, earning more than 16 billion euros ($6.7 billion) in 2015 from the industry, according to a study released on Wednesday.

The report by Italy’s agricultural association, Coldiretti, the Eurispes think-tank and Agro-Food Criminal Observatory said organised criminals were taking advantage of the prolonged economic downturn to seize control of farmland and firms.

“They are creating a crisis for the image of Italian food in the world, they are putting the health of consumers at risk and putting our environment at risk,” said the head of Coldiretti, Roberto Moncalvo.

Scalia's death could affect agriculture cases

Scalia's death could affect agriculture cases: The�next Supreme Court justice could play a decisive role in key agricultural issues pertaining�to water and land rights....

The fight to keep Australia's farms

The fight to keep Australia's farms

Groups start organizing promotional efforts on corporate farming referral | Grand Forks Herald

Groups start organizing promotional efforts on corporate farming referral | Grand Forks Herald: The 2015 North Dakota Legislature passed a bill exempting dairy- and hog-farming operations from the state’s ban on corporate-owned farms. The bill was the subject of a referral petition drive spearheaded by North Dakota Farmers Union.

Assembly passes bill making it easier for fish farms to divert rivers | Politics and Elections | host.madison.com

Assembly passes bill making it easier for fish farms to divert rivers | Politics and Elections | host.madison.com: The Assembly passed a bill 63-35 along party lines that would make it easier for fish farms to divert rivers and eliminate wetlands....

Emergency water pipeline saves South Gippsland dairy farms

Emergency water pipeline saves South Gippsland dairy farms: A looming South Gippsland farming disaster has been averted thanks to the ingenuity of a small group of farmers,�the good will of their neighbours and the local water company.

Facing one of the driest years on record, and with dry clay or mud at the bottom of their dams, coastal dairy farmers in the region desperately needed water for their 2500 thirsty cows.

Inverloch dairy farmer Mick Hughes barely had any stock water left for his 460 cows and was wrestling with questions of survival.

Scalia's Vacant Chair Leaves Ag Issues in Limbo | Agweb.com

Scalia's Vacant Chair Leaves Ag Issues in Limbo | Agweb.com: The unexpected death of U.S.�Supreme Court Justice�Antonin Scalia is expected to affect everywhere from Capitol Hill to farm country.�

Scalia, who died�Saturday while on a hunting trip in Texas, was appointed to the�court in 1986 by President Ronald Reagan. His empty chair leaves the Supreme Court evenly divided between four conservative justices and four liberal justices, which could have ramifications for many cases pending before the high court--including a handful with direct connections to agriculture.�

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly lower on a back and fill day. Outside markets are firmer with stock indices and crude oil leading the way higher.

Weather is not the driver supplying underling support as Argentina and Brazil have had good rains with more on tap. Brazil’s harvest is progressing and yields being reported are very good.

Traders are saying yesterday’s late session rally was technical in nature as March Corn rallied 2 cent in the last few minutes with over 11,000 contracts trading.

Tuesday, February 16, 2016

Successful Land Sale: Northwest IL Land Sale Averages $9,367 Per Acre

Successful Land Sale... | Real Estate | Agriculture: The land was divided into six tracts and sold well. The total selling price was $2.099 million, or $9,370 per acre, thus reinforcing the notion that good-quality land still is bringing good money. The two farms were about 60 miles apart, so there is some variability in selling price. Here are the results.

Flooding in Riau Causes Widespread Harvest Failures | Archipelago | Tempo.Co :: Indonesian News Portal

Flooding in Riau Causes Widespread Harvest Failures | Archipelago | Tempo.Co :: Indonesian News Portal: Floods that have severely inundated some 2,481 hectares of paddy fields in the province of Riau has caused widespread harvest failure - causing an estimated decrease of Riau's rice production by some 6,000 tonnes in 2016.

"The rains and flooding will definitely impact rice production in 2016," said the Head of Riau's Agriculture and Animal Husbandry Agency, Patrianov, to Tempo on�Tuesday, February 16, 2016.

Patrianov said that around 15,521 hectares of arable farmlands have been primed and planted for the planting season - that said, some 10,583 hectares have been inundated with varying depths of flood water, as creeks across three regencies have burst their banks.�"We have confirmed that 2,481 hectares of farmland will not be able to harvested," Patrianov said.

Succession, and the dilemma of transferring farmland

Succession, and the dilemma of transferring farmland: There’s a perfectly good reason why so many farmers are reluctant to hand the reins to the younger generation.

“With land, you need it for the farm and you need it to run the business, but it’s also your largest contributor to the family wealth,” said Greg Gartner, a partner at Moodys Gartner Tax Law LLP.

Cross River to expand cocoa farmland, boost output | BusinessDay : News you can trust

Cross River to expand cocoa farmland, boost output | BusinessDay : News you can trust: Cross River State plans to expand land under cocoa cultivation by a third in the current season and revamp old farms in a bid to double output, an official said. “We intend to bring about 4,000 hectares of previously unplanted areas into cocoa cultivation,” Egrinya Eneji, state commissioner for agriculture,