Latest News From Farm Business - General

Shippers urged the U.S. railroad regulator to create more competition in the industry during hearings in which Union Pacific was called to explain a spike in service restrictions.

Officials have been bracing for an influx of migrants when the authority lifts on Dec. 21. The Dept. of Homeland Security is projecting 14,000 migrants may then attempt to cross the U.S. southern border per day.

Data released by USDA on Monday shows the farm share of the U.S. food dollar hit an all-time low in 2021. However, USDA says the decrease doesn’t necessarily mean producers are making less.

Pelosi said the House this week will “take up a bill adopting the tentative agreement—with no poison pills or changes to the negotiated terms—and send it to the Senate.” Some industry leaders feel it will pass.

In the age of instant gratification, Wesley Crumpler is a throwback—a self-made farmer and rancher intent on paying the price for opportunity.

Unions and railroads are back at the negotiating table. By law, Congress can intervene to impose an agreement if the two sides remain deadlocked. However, one union is now on schedule to strike Dec. 5.

Unions are arguing railroads haven't done enough to address worker concerns, largely surrounding working conditions and paid time off.

Nikki Fried, Florida commissioner of ag, says the preliminary assessment is a "first step" in trying to get federal disaster aid for affected producers.

Global diesel and distillate fuel stocks have fallen to dangerous levels and the U.S. has been exporting a lot of diesel to Europe and Latin America, but now things are changing.

USDA seeks input on how to identify those who experienced discrimination and what kind of evidence should be submitted to back up the claims.

American Farm Bureau Federation (AFBF) released its general new farm bill recommendations on Thursday. First on the AFBF’s list: “protect farm bill program spending.”

After six months of “extensive” input from industry leaders, the council has decided, over the course of the next five years, $10 million will be dedicated to workforce and program development plans.

The leader of one of America’s largest food and agriculture companies said the country’s farmers should be celebrated for their crucial role in providing food security, even if their work is sometimes overlooked.

Global inflation will likely decrease to 6.5% in 2023 and to 4.1% by 2024, according to the International Monetary Fund (IMF) forecast.

Testimony heard by the U.S. Department of Labor (DOL) through “tens of thousands” of comments, as well as a roundtable on Thursday, led the DOL to adopt the proposed H-2A changes proposed in 2019. 

According to Leah Halvesron, CEO and founder of Ten Acre Marketing, it’s better to be proactive than let a passersby draw their own conclusions about your operation. Here’s how to get started.

Looking for talent? Ready to make a career change? AgCareers.com announced their 2022-2023 line-up of “Feed Your Future’ virtual career fairs.

The details of the tentative agreement reached on Thursday morning have not been shared, and could still be voted down by members who need to ratify the agreement to settle the matter.

Brendan and Elaine Martin are building their dream farm — one piece at a time. 

For 2022, the national average for cash rents on cropland is $148 per acre. That’s up $7 from last year and eclipsed the previous high of 2015’s $144 per acre.

When adjusted for inflation, 2022 net cash farm income is forecast to increase by $13.5 billion (8.7%) from 2021 and be at its highest level since 2012.

Welcome to a festering landowner-hunter conflict and a lawsuit launched by rural property owners against the state. If persistent hunting dog encroachment affects a farming operation, is compensation in order?

With the industry becoming increasingly more digital, is your farm's electronic data protected and computer systems secure?

The CPI, an inflation gauge measuring what consumers pay for goods and services, rose 1.3% from May to June. Prices were up across the economy, with gasoline far outpacing other categories, up 11.2%.

PBS is in its third season of airing American Grown: My Job Depends on Ag, an Emmy Award-winning docuseries that could be headed to your region in coming months.

Gas prices crushed another record to start June, and experts say there's no sign of a slowdown yet with $5 gas a strong possibility as the summer driving season pushes into high gear.

Serving military veterans across the country, NCAT's Armed to Farm training provides resources and education for veterans to start and operate their own agricultural business.

The White House is considering waiving U.S. gasoline environmental rules aimed at reducing summertime smog, hoping the waiver will combat rising pump prices, Reuters reported.

U.S. diesel prices are the highest ever, with warnings of shortages, especially in the eastern U.S., and the most intensive part of the farming season is still ahead.

Deere & Co reported a 17% rise in quarterly profit on Friday, boosted by higher sales for its tractors, combines and sprayers.

In production agriculture, the output is largely a commodity. But whether the output is commodity or differentiated, the system of how the output is produced matters as much as the output itself.

Inflation predictions were so wrong for so long, the real thing has flummoxed us entirely. The other problem with this abrupt price change is the number of things to blame.

About 500 rural counties in the U.S. have too few or no veterinarians. The lack poses risks to farming livelihoods and, ultimately, the country's food supply.

Decision making changes during periods of inflation. If the historic inflation continues, knowing how inflation impacts decision making will help you make better choices, and your plans will be more likely to succeed.

With the ongoing war in Ukraine, a recent U.S. Farm Report viewer asked about the U.S. and energy independence. John Phipps provides a reality check of the current situation when it comes to crude oil and petroleum.

Senators renewed their call for mandatory minimum cash trades for the purchase of fed cattle as they unveiled a revised Cattle Price Discovery and Transparency Act, and suggested Senate will hold hearings soon.

Four U.S. Senators announced they have introduced a revised Cattle Price Discovery and Transparency Act and will push for a hearing on the bill by the Senate Agriculture Committee in the coming weeks.

USDA now expects food price inflation in 2022 to be from 4.5% to 5.5%, compared with 2021, based on the all-food Consumer Price Index. No category shows a potential decline.

Crude oil hit a 13-year high and wheat topped $13. With front-month soybeans soaring past $17, and corn nearing the $8 mark, the crisis in Ukraine means food and fuel inflation fears are also heating up. 

FFA students searching for success can learn from Oklahoma's Raegan Klaassen and her well-traveled path to the 2021 National Star Farmer stage in Indianapolis.

Darrin Simmons is conquering his NFL coaching dreams in Cincinnati, but the Kansas farm kid says he combines wheat when he’s not on the football field. This week he's savoring the surreal experience of the Super Bowl.

After ransomware attacks hit two co-ops and an equipment auction site last year, John Phipps says his guess is tractors being hacked to override factory engine or emission controls are ripe for self-inflicted hacks.

Here's how you can avoid committing these harmony-harming mistakes.

For 14 straight months, the rural economy has posted healthy and consistent growth.

There’s no one better to provide a realistic and informative take on tax planning than Paul Neiffer, principal with CLA and author of “The Farm CPA” blog. 

Farmers often ask if they can own farmland in an IRA. The technical answer is yes. But the more important and practical answer is you typically should not own farmland in an IRA.

This past year is one many of us would sooner forget than remember.

The Ducheneaux family reconnects consumers with their food source 

Be ready for new ways to finance your farm.

The House passed legislation providing for the first major update of U.S. International ocean-shipping laws in more than two decades. That comes as the nation continues to grapple with bottlenecks at its ports.