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Business

Young farmer gets early start with business, regenerative ag

Young farmer gets early start with business, regenerative ag

  • Aaron Viner

WASHINGTON, Iowa — Mitchell Hora was already planning his business in the early stages of his college career, but the young farmer sent his first invoice much earlier than he expected.

Ag Barometer rebounds on more optimistic future

Ag Barometer rebounds on more optimistic future

    Farmer sentiment rebounded in June as the Purdue University-CME Group Ag Economy Barometer rose 17 points to a reading of 121.

    Renewable diesel bubble begins to burst

    Renewable diesel bubble begins to burst

    • By Tarso Veloso, Kim Chipman and Isis Almeida Bloomberg News

    The U.S. renewable diesel rush is losing steam as soaring costs eat into profits, prompting the world’s top crop trader and North America’s largest energy company to pull back on planned investments.

    Analysis: Rising cost of storage will force elevators to lower bids

    Analysis: Rising cost of storage will force elevators to lower bids

      DENVER, Colo. — The cost of storing grain, commonly referred to as the cost of carry, has soared to record highs due to rising interest rates, high commodity prices and increasing costs for labor, insurance, transportation and energy. That is putting a significant squeeze on grain elevators,…

      Tools help beef producers build budgets

      Tools help beef producers build budgets

        COLUMBIA, Mo. — Beef producers who want to finish their cattle on their farms now have access to new resources from University of Missouri Extension beef specialists to determine their finishing budgets, according to a news release.

        Outside forces influence pork business

        Outside forces influence pork business

          Pork production is a low- margin business. Outside forces — interest rates, inflation, employment rate and consumer incomes, health of the general economy, fiscal policy and monetary policy — all influence pork producer profits.

          Triumph of Ag Expo scheduled for Omaha

          Triumph of Ag Expo scheduled for Omaha

            The 56th annual Triumph of Agriculture Exposition will be held March 1-2 at the CHI Health Center in Omaha, 10th and Capitol Avenue, just off Interstate 480.

            Knowing what farm records to keep creates challenges

            Knowing what farm records to keep creates challenges

              MANHATTAN, Kan. — The beginning of a new year often is an opportunity to reflect upon the past and set goals for the future. On a ranching operation, Kansas State University Beef Cattle Institute experts say it is a good time to make record-keeping and management adjustments.

              More development needed in carbon markets, economist says

              More development needed in carbon markets, economist says

              • Aaron Viner

              Carbon markets are still new to the agriculture sector and experts are continuing to identify what role they will have as a way to reduce carbon footprints, as well as drive income for farmers.

              Price and weather volatility will affect  insurance decisions

              Price and weather volatility will affect insurance decisions

              • Aaron Viner

              As harvest wraps up in many areas, decisions on the 2023 season are already being made, including planning out crop insurance.

              Plymouth County farmland sells for record

              Plymouth County farmland sells for record

              • By Mason Dockter Lee Enterprises

              REMSEN, Iowa — A plot of farmland in Plymouth County this past week sold for what is believed to be a state record $26,250 per acre.

              Seed supply, labor major issues for sod industry

              Seed supply, labor major issues for sod industry

              • Aaron Viner

              ALBURNETT, Iowa — The best indicator of success for a sod farm is simply looking at the housing market, said Sarah Nolte.

              What is your break-even price for crops?

              What is your break-even price for crops?

                Break-even prices are helpful when making crop decisions and when marketing crops.

                Fertilizer prices remain at high levels

                Fertilizer prices remain at high levels

                  While fertilizer prices have declined since spring, prices remain high, and fertilizer costs are significantly higher than a year ago. Therefore, reducing rates where practicable seems prudent.

                  Operating in a world with supply chain issues

                  Operating in a world with supply chain issues

                  • Ryan Crossingham

                  Since the onset of the COVID pandemic in 2020, supply chain issues have continued to disrupt the agriculture industry, forcing farmers to adapt and seek alternative solutions when specific resources haven’t been available to them.

                  Large ranch uses data to make decisions

                  Large ranch uses data to make decisions

                  • Benjamin Herrold

                  IBERIA, Mo. — Down in south central Missouri, the Circle A Ranch sprawls for thousands of acres where the cattle graze on the rolling hills of the Ozarks. Headquartered near Iberia, part of the ranch includes about 10,000 acres, and then Circle A has a second location to the north at Huntsvi…

                  Mainstreet Index follows ups and downs of rural economy

                  Mainstreet Index follows ups and downs of rural economy

                  • Gene Lucht

                  Ernie Goss has a finger on the pulse of the economy in the Midwest, but that doesn’t mean the Creighton University economist thinks he knows exactly what is going to happen.

                  Farmers Union leader calls for competition changes

                  Farmers Union leader calls for competition changes

                  • Gene Lucht

                  Competition and fairness are keys to good farm legislation, at least from the perspective of the National Farmers Union.

                  Automating fieldwork continues to gain traction

                  Automating fieldwork continues to gain traction

                  • Aaron Viner

                  As combines begin rolling this fall, technology that has been talked about for years is seeing some progress in farm fields.

                  Farm logos reflect family values, style

                  Farm logos reflect family values, style

                  • Benjamin Herrold

                  When Steve Miller and his business partners started Galaxy Beef 20 years ago, they had a business plan, a mission statement, and made other preparations, but they needed a name and logo.

                  Cybersecurity depends on location, risk preference

                  Cybersecurity depends on location, risk preference

                    MANHATTAN, Kan. — The terms cybersecurity and cyber insurance are more than just concepts in the agriculture industry, says Kansas State University cropping systems economist Terry Griffin.

                    Viticulture designation gives  Midwestern wine gravitas

                    Viticulture designation gives Midwestern wine gravitas

                      One way to measure the growth of the wine industry in the Corn Belt has been the creation of AVAs.

                      Illinois winery changes into entertainment complex

                      Illinois winery changes into entertainment complex

                      • Nat Williams

                      CARTERVILLE, Ill. — Since the emergence of the industry in Illinois, many wineries have grown from vineyards bottling their product for sale to full-fledged entertainment destinations. Walker’s Bluff is taking it to a new level.

                      Fertilizer stockpiles swell, harvest fears ease

                      Fertilizer stockpiles swell, harvest fears ease

                      • By Tarso Veloso Ribeiro and Elizabeth Elkin Bloomberg News

                      The fertilizer shortage that threw the agricultural sector into disarray and pushed food costs higher globally may be fading.

                      Farm economist is cautiously optimistic

                      Farm economist is cautiously optimistic

                      • Melisa Goss

                      Input costs are through the roof, but the financial outlook is still good for farmers.

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