Ag Issues Archive
Wright Receives ISU’s Henry A. Wallace Award
Oct 20, 2009, Source: Iowa Soybean Association
David Wright, director of contract research and strategic initiatives for the Iowa Soybean Association (ISA), was presented with the Henry A. Wallace award on Friday, Oct. 16. The award is presented by the Iowa State University (ISU) College of Agriculture and Life Sciences annually to honor ...
Survey Shows U.S. Farm Income Down
Oct 6, 2009, Source: Rabobank
Fewer than 5% of farms saw an improvement in income this year, a drastic downturn compared to the same time last year when one in four farms saw better year-over-year income, according to Rabobank’s Farm & Ranch Survey. “U.S. farmers and ranchers continue to take a consistently conservative position when anticipating future performance...
38% Drop In Net Farm Income Forecast
Oct 2, 2009, Source: Farm Press
Net farm income is forecast to be $54 billion in 2009, down $33.2 billion, or 38%, from the preliminary estimate of $87.2 billion for 2008, according to the USDA’s Economic Research Service (ERS). The 2009 forecast is $9 billion below the average of $63.2 billion in net farm income earned in the previous 10 years...
NCGA Praises New USDA Initiative on Mississippi River Basin
Sep 25, 2009, Source: National Corn Growers Association
The National Corn Growers Association strongly endorses a new initiative announced today by the USDA to help provide for healthier watersheds in the Mississippi River Basin. Corn farmers have long been committed to conservation practices to decrease soil erosion and nutrient runoff from their fields...
Soy Transportation Coalition Publishes Study On Rail Transportation Of soybeans
Sep 25, 2009, Source: Soy Transportation Coalition
The Soy Transportation Coalition (STC) recently published, “Railroad Movement of Soybeans and Soy Products” – a comprehensive report that sheds light on the critical role railroads play in the entire journey from farm to dinner plate...
Senators Seek To Block EPA’s Indirect Land Use Rules
Sep 23, 2009, By Forrest Laws
Three Midwest senators have introduced legislation that would prevent EPA from penalizing U.S. corn and soybean growers for land-use changes or potential land clearing for increased biofuel production in other countries...
Crop Priority In ACRE
Sep 21, 2009, Source: University of Illinois farmdoc
Farmers who signed up for the Average Crop Revenue Election (ACRE) can change their crop priority by Sept. 30. Crop priority determines which crop receives priority for ACRE payments. If corn is picked as the first priority and soybeans the second priority, ACRE payments will be received on the maximum number of planted corn acres and the remainder of eligible acres will be allocated to soybeans...
Nobel Laureate Norman E. Borlaug Dies
Sep 14, 2009, By Forrest Laws
Norman E. Borlaug, who received the 1970 Nobel Peace Prize for developing high-yielding and disease-resistant wheat used to prevent famine in developing countries throughout the world, has died. He was 95...
Economy, Lower Commodity Prices Slowing Food Cost Growth
Sep 1, 2009, Source: Purdue University
After a couple years of above-average food-price inflation, Corinne Alexander, a Purdue University agricultural economist, believes the inflation rate will return to normal next year...
SDCGA president Bill Chase talks back to TIME Magazine
Sep 1, 2009, Source: South Dakota Corn Growers Association
South Dakota Corn Growers Association President Bill Chase, Wolsey, SD, took a stand against TIME magazine's attack on our industry and our nation's safe food supply in a recent cover story...
USDA Announces Results Of Soybean Checkoff Request for Referendum
Aug 31, 2009, Source: Kentucky Soybean Promotion Board
The USDA announced the results of the request for referendum on the Soybean Promotion and Research Program (soybean checkoff). USDA received only 759 requests for referendum forms at county Farm Service Agency (FSA) offices, which reflects approximately 1/10 of 1% of all eligible U.S. soybean farmers...
Farm Storage Loan Approval Process Begins Next
Aug 18, 2009, Source: National Corn Growers Association
The National Corn Growers Association (NCGA) is pleased the USDA’s Farm Service Agency (FSA) started accepting and approving applications for farm storage loans on Monday, Aug. 17. USDA has released notices to FSA state and county offices on the new regulations for the Farm Storage Facility Loan Program improvements authorized in the Food, Conservation and Energy Act of 2008...
U of I Economists Calculate Potential ACRE Benefit
Aug 11, 2009, Source: University of Illinois
There is a higher chance of ACRE payments in 2009 as current projections of market prices are below benchmark prices used to calculate ACRE state guarantees for corn, soybeans and wheat according to University...
ACRE Worth Another Look
Aug 4, 2009, Source: Purdue University
The Average Crop Revenue Election Program, also known as ACRE, is a tool designed to provide downside price and yield protection for U.S. crop growers. Purdue University's Chris Hurt encourages growers to evaluate the program one last time. Hurt explains that with average Indiana crop yields, ACRE should start providing significant protection when the average U.S. farm price for corn drops...
ACRE Enrollment: A Yes, No Or Gray Area
Jul 28, 2009, Source: North Dakota State University
The extension of the Average Crop Revenue Election (ACRE) Program sign-up deadline to Aug. 14 has been an advantage to producers. It has allowed more time to learn about the complicated program and see what the state revenue guarantee for different crops will be and how the yield and price scenarios for 2009 are developing...
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