Ag Policy

  • Farm Credit Services of America Says 2009 Should be “Respectable Year”

    Farm Credit Services of America indicated that setbacks in the swine, dairy and ethanol industries will trim this year’s financial results below the record 2008 results, however, they indicate that 2009 will still be a ‘respectable year’. This means that patronage dividends will be less than the record $60 million in 2008, but possibly more […]

    More

  • Federal Reserve Bank Says Land Values are Stabilizing

    The Federal Reserve Bank of Kansas City issued their second quarter report on thier survey of agricultural credit condtions.  Some highlights of the report are: 1.  Farmland values seem to be stabilizing.  The value of farmland in the second quarter was basically unchanged from the second quarter of 2008.  Irrigated acreage was slightly higher due […]

    More

  • USDA Says 2009 Farm Income Will be Down!

    The USDA reported on their website on Thursday that they expect net farm income for 2009 to be $54.0 billion down from the record 2008 preliminary estimate of $87.2 billion.  This equates to a net decrease in farm income of $33.2 billion or an over 38% decrease.  What is even more disheartening is that the […]

    More

  • Where is our Stimulus Package Going

    My colleague, Scott Heintzelman, has a great blog entitled The Exuberant Accountant.  In one of his most recent posts, he references a site that gives a breakdown by state and county of the stimulas money that is being spent on projects, etc. If you are interested to see where your county ranks and where the […]

    More

  • My Last ACRE Post for the Year (I Promise!)

    With less than two weeks to sign up for the ACRE program (the date is August 14, which is a Friday) and with most ag offices being understaffed, if you need to sign up for ACRE, I would suggest doing it now. I have read about several meetings where there might be a crowd of […]

    More

  • One More ACRE Posting

    I know my readers are probably getting tired of me writing about the ACRE program, however, I think it is very important for you to review how it affects your farm operation and your landlords.  Marcia Zarley Taylor at DTN has several good postings on how the ACRE program works and how to communicate it to […]

    More

  • Three Weeks to ACRE Sign-up

    There is now less than 3 weeks to make your final decision on signing up for the ACRE program.  You have until August 14, 2009 to sign up for the 2009 season which will lock you into the program through 2012. There are many sites out there that have a review on how the program […]

    More

  • Wind Energy Report Card

    We have several farm clients in Washington and Oregon that either are getting royalty checks from wind turbines or will be getting these checks in the near future.  In many cases, the income from wind turbines is substantially higher than the income from traditional farming. In many cases, one turbine can generate in excess of […]

    More

  • Corn Coming out of our “Ears”

    Many are calling the USDA Planted Acreage Report that came out this week “Bloody Tuesday” since the amount of corn acreage planted this year was much higher than what the trade was expecting.  Even though there was a large amount of rain early in the Eastern Corn Belt, three of the Western Corn Belt states, […]

    More

  • Senate Report Finds Excessive Speculation in Wheat Markets

    A Senate Subcommitee spent the past year investigating the impact of index funds on the wheat market.  They concluded that all of this new money flooding into index funds distorted the market.  The 247 page report released on June 24, 2009 summarized their findings as follows: 1.  Excessive speculation in wheat. Index Traders increased future prices […]

    More

Subscribe to Our Email List

* indicates required