Farm Industry Trends

  • Rural Index Turns Negative Again

    The Rural Mainstreet Index maintained by Creighton University dipped below growth neutral in the latest July posting.  This marks the first time since April that the index dipped below the neutral 50 level by sinking to 49.3 from 52.6 in June and 54.3 in May. Like other economic indicators, this index appears to be signalling […]

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  • Don’t Miss a Marketing Opportunity

    Since the June crop report came out, wheat has rallied over a $1 per bushel, corn is up about 50 cents and soybeans have rallied also.  Now, it appears that the world wheat supply is looking at drought issues around the world (except for our hemisphere it seems) and this is continuing to help wheat […]

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  • S Corp Versus C Corp Dividends

    In my post about large tax increases coming for dividends, there were several replies on our Agweb.com blog site regarding how this affects S corporation dividends and other related issues. I thought I would use this post to give our farmers a quick update on how income is taxed for C corporations and S corporations. […]

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  • Minnesota Farmers See 63% Reduction in Net Income for 2009

    Of the 2,401 Minnesota farms included in the “FINBIN” survey for 2009, the median farm saw a 63% decrease in net income from $91,242 to $33,417.  Each year, the Center for Farm Financial Management performs a survey of Minnesota farmers.  Their response for 2009 represented about 3% of overall farms and about 10% of the […]

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  • Challenges Facing CRP

    With the 2008 farm act, substantial changes were made to the USDA Conservation Reserve Program (CRP).  The major change was reducing the maximum enrollment acreage from about 37 million acres to 32 million acres which is about a 14% reduction in maximum acres.  Also, during this period, a substantial increase in commodity prices took place […]

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  • Lots of Corn – But We Need It

    The USDA released their June acreage report today and the corn and wheat market rallied substantially based upon this report.  The actual amount of expected corn acreage came in about 1.6 million acres less than the trade expected and the amount of corn on hand was about 300 million bushels less than expected. Backing into […]

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  • Is Farmland Too Good of an Investment

    I have written many times about how farmland has been a good investment for at least the last 10 years or so.  Most of this data has been gathered from sources directly related to farming, however, I have started to notice a trend about reporting on farmland as an good investment in mainstream sources such […]

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  • Some Interesting Wheat Production Facts

    Kansas State University has a site called ag manager info and there is always some interesting tidbits that they have on the site.  They recently posted an article on the world wheat market supply and demand trends.  I thought I would recap the article with what I found interesting. For the current year, total acres […]

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  • Working Capital – Lifeblood of a Farm

    Dave Kohl is an ag economist who writes the Road Warrior of Agriculture for Corn and Soybeans Digest.  His columns are usually very insightful regarding economic issues related to agriculture.  Back in March, he had an article regarding working capital being the financial shock absorber for farms and business. Working capital is the excess of […]

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  • Foreign Banks Continue to Expand into US Agriculture Lending

    TierOne Bank of Lincoln, Nebraska was closed by the FDIC on June 4, 2010 and then sold to Great Western Bank of Sioux Falls, South Dakato which is a subsidiary of National Australia Bank, a large agricultural lender that has expanded its farm-based lending in the United States and appears ready to continue to expand […]

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