Author: staff

Take look at three farmland transactions that transpired in October 2024. 90.71 acres in Pottawattamie County, Iowa Date: Oct. 4, 2024 Price: $17,900 per acre Located about 20 miles northeast of Omaha, Nebraska, 90.71 acres sold via timed online auction. This farm consisted of 82.41 Farm Service Agency cropland acres, holding a Corn Suitability Rating Index (CSR2) value of 91.1, well above the Pottawattamie County average of 68.4. The auction concluded at a final sale price of $17,900 per acre or $216 per CSR2 point. 448.09 acres in Clay County, Minnesota Date: Oct. 30, 2024 Price: $5.4 million Located within…

New Holland’s IntelliSense Sprayer Automation can be used for a wide variety of crops, and a number of full-season application functions.  The IntelliSense system features live variable rate and selective spray modes. It’s compatible with row crops like corn, soybeans, and cotton, as well as small grains like wheat and canola. Mid-season, farmers can use IntelliSense for applications like herbicide, fungicide, plant growth regulator, nitrogen, and harvest aid.  New Holland is launching IntelliSense with no annual subscription or per-acre fee.  “Operators and farmers are going to be able to optimize the return on their inputs and increase productivity both in…

A quarter before 9 a.m. CT, May corn was down less than a penny at $4.55½ per bushel. May soybeans were up 7½¢ at $10.19¼ per bushel. May wheat contracts were also higher. CBOT wheat was up less than a penny at $5.49 per bushel. KC wheat was up 1¼¢ at $5.58¼. Minneapolis wheat was up less than a penny at $5.88¼. This morning USDA released the weekly U.S. Export Sales report. Concerning soybean sales for the 2024/2025 marketing year in the report, Matt Zeller, senior market intelligence analyst at StoneX said: “U.S. exporters sold 13 million bushels of soybeans…

By Cami Koons A subcommittee in the Iowa Senate advanced a bill Tuesday that would put new limitations on pipeline, transmission, and liquid hazardous pipeline projects seeking eminent domain.  Senate Study Bill 1166 would exclude pipelines, roads, electric transmission lines, and internet cables outside of a city from the definition of a public use, which grants the right of eminent domain.  Notably, the bill would only involve permit applications with a first public information meeting on or after the bill’s implementation and therefore would not impact the Summit Carbon Solutions pipeline, though much of the subcommittee discussion centered on the controversial…

By Naveen Thukral and Mei Mei Chu SINGAPORE/BEIJING, March 5 (Reuters) – China’s new tariffs on U.S. farm goods are poised to reshape global trade flows, prompting the world’s top agricultural importer to source more meat, dairy, and grains from countries in South America, Europe, and the Pacific. Shipments to China from key soybean supplier Brazil, top wheat exporter Australia and major pork supplier Europe, could surge as a trade war hots up between the world’s largest economies, industry officials and analysts said. China retaliated swiftly on Tuesday against fresh U.S. duties, announcing hikes of 10% and 15% to import levies covering $21 billion…

After the quiet months of winter, warming temperatures and longer days often mean a mad dash to get the season started. Prioritizing weed management early is critical to reducing yield loss and future risks. “Over the years, I’ve determined the burndown period is the most critical of the season,” said Monty Parish, a farmer in Henderson, Kentucky. “You only have one chance to kill winter weeds before you plant your crop.”  Sprayer Prep The perfect application conditions are often hard to come by. When temperatures rise and the sun starts to shine, have equipment ready to go to minimize downtime.…

As egg prices in the United States remain high, more travelers are attempting to bring eggs across the border from Mexico — despite strict regulations prohibiting their import. U.S. Customs and Border Protection officials have reported a sharp increase in egg seizures, issuing warnings and fines to travelers caught smuggling them into the country. Texas CBP officers have intercepted more than 90 individuals attempting to bring raw eggs into the U.S. since January. Meanwhile, the San Diego Field Office has seen a 158 percent increase in egg-related seizures since fiscal year 2024. Between October 2024 and February 2025, the number…

By Ryan Hanrahan Somewhat overshadowed by yesterday’s busy day of tariff news, the Associated Press’ Didi Tang and Alex Veiga reported that “a Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the ports under American control after President Donald Trump alleged Chinese interference with the operations of the critical shipping lane.” “In a filing, CK Hutchison Holding said Tuesday that it would sell all shares in Hutchison Port Holdings and in Hutchison Port Group Holdings to the consortium in a…

FRANKFURT, Germany — Bayer on Wednesday raised the prospect of a return to earnings growth from 2026 after a decline this year, lifting its shares to a four-month high as its CEO somewhat allayed investor impatience with his turnaround efforts. The German maker of drugs and farming pesticides said 2025 would be the most difficult in terms of financial performance, with net sales roughly in line with the prior year and a drop in earnings and free cash flow. “The company expects improved performance from 2026 onwards,” it added. CEO Bill Anderson has faced investor pressure to deliver on restructuring…

The March World Agricultural Supply and Demand Estimates (WASDE) report is due Tuesday, March 11. February’s WASDE report offered more good news to corn and soybean bulls in the way of smaller South American production. U.S. carryout was left unchanged for corn and soybeans and reduced slightly for wheat. Over the past several weeks, conditions in South America have stabilized or improved slightly, so we do not expect any substantial production adjustments in next week’s report. Corn Market Expectations U.S. corn carryout for 2024/2025 was left unchanged at 1.54 billion bushels on the February report. World ending stocks for the…