USDA National Agriculture Statistics Service released its survey results from its annual Cash Rents survey, taken from February to June this year. While most cash rents for non-irrigated cropland increased in the Corn Belt, one county saw a decrease.
The latest run of the U.S. Drought Monitor shows expanding D1, or moderate drought, conditions across the Eastern Corn Belt, while rainy weather in the Southern Plains led to notable improvements.
A five-year survey looking at land ownership trends in Iowa shows how land demographics and ownership are shifting. It shows that more land is rented by a mix of aging landowners. Buyers of farmland also are still mainly other local farmers.
Rabo Agrifinance is accusing the business surrounding a Kentucky cattle producer who died in April and his two Texas feedyards of engaging in a fraud that drained its bank accounts and cleared out tens of thousands of cattle from the feedyards, leaving Rabo with roughly $50.6 million in unpaid loans. The operation s collapse may have affected dozens of other cattle producers as well.