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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,

Commodities: The Bottom Is Looking Mighty Ugly | Seeking Alpha

Commodities: The Bottom Is Looking Mighty Ugly | Seeking Alpha: Last week was an odd one in the commodity sector. While the bear market continues to cause low prices in the energy and industrial commodity sector, precious metals exploded higher. Divergence is the name of the game in the wild markets of 2016. Volatility tends to create divergence in terms of historical price relationships between assets. However, the current level of volatility and divergence within the commodity sector could be flashing a real warning sign for industrial commodity prices as well as other assets including equities, debt and currencies. Before you continue reading this piece, I forewarn you - the takeaway is not a pleasant one.

Could Chesapeake Bay Mandates Spread to Midwest? | Agweb.com

Could Chesapeake Bay Mandates Spread to Midwest? | Agweb.com: "It’s become customary now. We're more used to it," said�Delaware poultry producer�Aaron Thompson. "The fear is the future. Are they going to change the goal line or finish line on us?”

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher while outside markets reverse recent slide. The US Dollar, crude oil and stock indices are all higher providing investor risk on attitude.