Ag Economy Barometer up 12 Points

The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record setting performance in October of 184. Organizers say this month’s 12-point rise in the barometer was attributable almost entirely to ag producers’ more optimistic view of the future. The Index of Future Expectations climbed to 164, 16 […]

AFBF Opposes Elimination of Stepped-Up Basis and New Capital Gains Taxes at Death

American Farm Bureau Federation President Zippy Duvall says the organization objects to a proposal by several lawmakers to tax unrealized capital gains at death and roll back the stepped-up basis on those capital gains. Duvall said, “Taxing capital gains when a loved one passes away would have a devastating impact on farm and ranch families.” […]

Moss: More Unites Us Than Divides Us

The umbrella of Oregon Ag is diverse and far reaching, which is one of the industry’s many strengths according to Oregon Farm Bureau’s Anne Marie Moss. Moss has served as the organization’s communication director since 2004, and in that time she says she’s learned many truths about the Oregon farmer. First, diversity in size and […]

Farmers for Free Trade Announces New Board Members

Farmers for Free Trade Thursday announced five new Board members. Farmers for Free Trade is a coalition supported and comprised of America’s leading ag organizations and businesses. The new board members include Michael Anderson, trade and industry relations Vice President at the Corn Refiners Association, and Iowa corn farmer Bob Hemesath, a National Corn Growers […]

USDA Awards Over $11.5 Million to Help Small and Mid-Sized Farms

On Tuesday, the USDA announced $11.5 million for research to ensure small and medium-sized farms become more profitable. Announced on National Ag Day, Agriculture Secretary Tom Vilsack says the funding “will give these family farms the tools they need to be more sustainable, profitable and productive as they face agricultural and economic challenges. USDA’s National […]

Rural Mainstreet Index Rockets to New High

The Creighton University Rural Mainstreet Index climbed above growth neutral for the fifth time in the past six months. The monthly survey of bank CEOs in a ten-state region dependent on agriculture and energy shows the index increased to its highest level since the survey launched in 2006. The overall index for March hit a […]

Schoesler: Overtime Discussion Not Good for Producers, Employees

As Washington lawmakers continue to debate the idea of requiring overtime pay for ag workers, one farm legislator says the conversation is not good for either the producer or the employee. Senator Mark Schoesler, a wheat farmer from Ritzville, said the idea of initiating overtime pay is counterproductive for both sides of the equation. “Because, […]

Weaker U.S. Dollar A Benefit To Some Commodities

Over the past year, the value of the U.S. dollar has weakened substantially, which according to CoBank has made several American Ag products more competitive globally. Tanner Ehmke manager of CoBank’s Knowledge Exchange Division pointed out, not all commodities are affected equally. For example while prices have increased as of recent, the wheat sector has […]

Ag Market Outlook is More Optimistic

The USDA’s Food and Ag Policy Research Institute says the Market Outlook Report is uncertain, but it’s more optimistic than it was a few months ago. The most recent baseline projections for agricultural and biofuel markets were prepared using market information available as of January 2021. The agency says commodity markets will continue to be […]

ITC Placing Duties on Phosphate Fertilizer Imports

The U.S. International Trade Commission says phosphate fertilizer imports from Morocco and Russia have affected the U.S. fertilizer market. The ITC also said it will place a countervailing duty on the imports from those countries. U.S. commodity groups have warned that new duties on imported phosphate fertilizers would raise prices by more than $80 a […]