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  • Crop Machinery Investment
    This article examines crop machinery investment and net annual investment per acre for various crop farm sizes. Larger farms tend to have lower benchmarks with regard to crop investment per acre and spend less on a per acre basis on machinery and equipment. The large differences in crop machinery investment and net investment per acre […]
  • Area Add-Up Insurance Performance: Insights from Cotton STAX
    Starting with crops harvested in 2026, premium subsidy for ECO and SCO area add-up insurance will be 80%. Coverage options are 90% or 95% for ECO and 90% for SCO. STAX area add-up insurance has offered 90% coverage – 80% subsidy for cotton since 2015. Ratio of indemnities net of farmer paid premiums to farmer […]

Agriculture News

Economic slowdown, tighter farm margins ahead

Some believe it’s not a matter of if, but when, the U.S. slip into a recession. “As financial conditions continue to tighten, we expect the U.S. economy will steadily soften through the first half of 2023, ushering a brief, modest recession,” said Dan Kowalski, vice president of CoBank’s Knowledge Division. The ag industry is expected to deal with continued rising input costs, higher interest rates and weakening demand. Read more from CoBank’s Year Ahead Report.

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Profit Watch: Store and ignore?

Sometimes a farmer can stop paying attention in early January. Hopefully after receiving deferred payments, some bills have been paid and the markets don’t get watched for a couple months. Most soybeans have already been marketed, but for corn, the term can be known as “store and ignore.” Roy Plote at AgMarket.Net says this is not the year for that. He discusses the latest marker trends with RFD’s DeLoss Jahnke. READ MORE

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#1 – Sustaining our Future: A Farm Family Story

Scott Anderson, video producer, says: “It took eight months to create this hourlong documentary. There is a tremendous amount of satisfaction to be able to explain such a complex issue like nutrient loss from farmland in a very digestible way for EVERYONE — not just farmers. We were also able to showcase the unity between Illinois Farm Bureau, academia and farmers on the ground in tackling this issue. However, what really brings this documentary together is how open and personal the Ganschow family was. Their work ethic, character and heart resonate with many farmers across this state, and I think

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#2 – Introducing IFB’s 2022 Board of Directors

Seth Leverenz, video producer, says: “A lot of planning was involved for this video and I couldn’t have asked for it to turn out any better. It was a true team effort as there were about 50 staff and board members participating. One little known fact about this shoot is the first take wasn’t usable since one of the board members didn’t make it to the board room for the final reveal. Due to time constraints, we truly only had one more chance to get it right and we nailed it!”   Watch it here

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#3 – IFB Annual Meeting 2022: Progress Starts Here

Seth Leverenz, video producer, says: “Knowing this project required the highest quality in production, I was right in my element creating this one. We had a plan for every shot and lit almost every shot to give it that cinematic look you typically see in Hollywood.”   Watch it here

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