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Crop prices expected to decline

The U.S. Department of Agriculture’s May World Agricultural Supply and Demand Estimates report is a first look at the new crop year’s supply and demand balance sheets. But with planting

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May WASDE a Mixed Bag for Corn and Soybean Prices

May WASDE a Mixed Bag for Corn and Soybean Prices
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Rainfall slowing planting progress across the Corn Belt

Rainfall slowing planting progress across the Corn Belt
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Rainfall slowing planting progress across the Corn Belt

Rainfall slowing planting progress across the Corn Belt
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Updating reference prices must be a priority in the next farm bill

As input prices go up and commodity prices go down, farmers rely on the reference prices in the farm safety net to help stay in business when margins get squeezed. Betty Resnick, an economist with the American Farm Bureau Federation (AFBF), explained the basics of reference prices. Resnick said reference prices need to be updated […]

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