USDA on Thursday lowered expectations for both ag exports and imports in FY 2023. The export decline is linked to corn and wheat, while the import decline is correlated with easing prices.
“People sometimes refer to farmland as an investment in gold, plus a coupon,” Bruce Sherrick says. “You get a fairly low annual cash flow, fairly high long-term rates of return and tax advantages to the asset classes.”
Waters of the U.S. rules have evolved many times in the past 50 years. EPA announced another round of changes on Tuesday, following a May Supreme Court ruling that required EPA to revise the definition.
“Mexico’s decree, which runs counter to scientific findings and is in direct violation of USMCA, is negatively impacting American corn growers,” said Tom Haag, NCGA president.
Austin Kings, rural crimes investigator for Missouri Highway Patrol, takes a look at how a criminal might view your farm and home—what they see that producers don’t, and how producers can prevent becoming a target.
“Producers looking to adopt precision ag technologies need network connectivity that extends far past their residences. They need to be able to make real-time decisions that increase yields,” says Sen. Fischer (R-Neb.).
Roughly 37.6 million acres of U.S. ag land is foreign owned, according to USDA. However, select purchases of U.S. land could come to an end following a Senate vote this week.
“Most farms don’t have the time, capabilities, perspectives, resources or desire to do all the tasks it takes to run an operation,” says Steve Kluemper, AgriStrategies LLC founder. “A lot of growers hire to fill gaps.”
The House Select Committee on the Chinese Communist Party (CCP) introduced an act to prevent foreign adversaries from exploiting U.S. land near security sites, and would push a review of current ownership in these areas.
USDA looks to improve the future measure, monitoring, reporting and verification of ag climate emissions via a $300 million investment announced on Wednesday.
