Cattle feeders’ No. 1 concern was feed inputs. Not any more, says Mike Sands of Informa Economics. The market analyst predicts corn will not stay as low as $3 per bushel (bu.) for long, but the new trading levels for corn may be of little consequence compared to the declining feeder calf supply. Biggest hurdle [...]
LEXINGTON, Ky. — The year 2008 was an interesting economic year. Housing prices fell. The dollar weakened, strengthened a bit and then weakened again.
USDA farm programs: Advance direct and counter-cyclical payments started in December.
President-elect Barack Obama selected former Iowa governor Tom Vilsack as his choice for the next U.S. secretary of agriculture.
COLUMBUS — In 2008, Ohioans continued to support local food systems, with the number reporting “frequently” purchasing locally grown or produced foods remaining steady since 2006.
SALEM, Ohio — Legal action has been taken on behalf of a Lorain County farm family that says a raid on their property earlier this month violated their constitutional rights. The Buckeye Institute‘s 1851 Center for Constitutional Law and the Farm-to-Consumer Legal Defense Fund filed a lawsuit Dec. 17 in Lorain County Common Pleas Court [...]
It’s not to late to make changes for tax purposes. This year farmers have more alternatives to consider with respect to cost recovery or depreciation on assets that they placed in service during 2008.
WASHINGTON — After increasing for six consecutive years, U.S. fertilizer prices are finally beginning to fall at the wholesale level, according to a report by the American Farm Bureau Federation. “Up until very recently, fertilizer prices were astronomical at both the wholesale and retail level,” said American Farm Bureau Federation senior economist Terry Francl. “Fertilizer [...]
Researchers are making progress in the fight against Johne’s disease. Scientists at Cornell University’s College of Veterinary Medicine recently developed a vaccine that prevents this contagious and often fatal bacterial infection.
WASHINGTON — Dairy Farmers of America, its former chief executive officer, Gary Hanman, and its former chief financial officer Gerald Bos will pay a $12 million civil monetary penalty for attempting to manipulate the Class III milk futures contract and exceeding speculative position limits in that contract. The settlement was announced Dec. 16 by the [...]