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News | Gannon - Part 2

Facing ongoing challenge of ag land acquisition

Wallaces Farmer Tyler Harris | Apr 16, 2021 https://www.farmprogress.com/land-management/facing-ongoing-challenge-ag-land-acquisition While most people who grew up on a farm are thankful for the experience, fewer and fewer people have had the opportunity over time. As Steve Bohr notes, it begs the question: Why would you ever stop farming? "Ultimately," Bohr says, "death is what forces us to… Full Post

Farmland market shows strength, resilience compared to 2020

Wallaces Farmer Doug Hensley | Apr 14, 2021 https://www.farmprogress.com/land-management/farmland-market-shows-strength-resilience-compared-2020 Planting season is once again upon us. In comparison to the great pandemic-inspired uncertainty that blanketed the farmland market during the 2020 planting season, the current farmland market is focused on a shift higher, with broad strength, depth and resiliency. There are several reasons for this market-wide… Full Post

OPPORTUNITIES COMING FOR LAND STEWARDSHIP, SAYS VILSACK – THE USDA IS DAYS AWAY FROM ANNOUNCING “GREATER OPPORTUNITIES” FOR LANDOWNERS TO TAKE FRAGILE FARMLAND OUT OF PRODUCTION IN EXCHANGE FOR AN ANNUAL PAYMENT, SAID AGRICULTURE SECRETARY TOM VILSACK ON THURSDAY.

Successful Farming By Chuck Abbott 4/16/2021 https://www.agriculture.com/news/business/opportunities-coming-for-land-stewardship-says-vilsack The USDA is days away from announcing “greater opportunities” for landowners to take fragile farmland out of production in exchange for an annual payment, said Agriculture Secretary Tom Vilsack on Thursday. Since early February, the Biden administration has been mulling how to stop a 13-year decline in enrollment… Full Post

3 BIG THINGS TODAY, APRIL 19, 2021 – GRAINS, BEANS HIGHER OVERNIGHT; SPECULATORS RAISE NET-LONGS IN CORN FUTURES.

Successful Farming By Tony Dreibus 4/19/2021 https://www.agriculture.com/news/three-big-things/3-big-things-today-april-19-2021 1. GRAIN AND SOYBEAN FUTURES JUMP IN OVERNIGHT TRADING Grain and soybean futures jumped in overnight trading as cold weather heads into U.S. growing areas. Extremely cold weather is expected in parts of the U.S. Midwest and Plains this week. That may curb production of winter wheat that’s… Full Post

HIGHER CORN PRICES MAY ENCOURAGE BADLY NEEDED HIGHER ACRES, ANALYST SAYS.

Successful Farming By Terry Roggensack 4/14/2021 https://www.agriculture.com/markets/analysis/crops/higher-corn-prices-may-encourage-badly-needed-higher-acres-analyst-says JULY CORN SUPPORT IS AT $5.54¾, WITH $5.99 AS THE NEXT TARGET. The corn market faces the potential for extremely tight ending stocks for the new crop season, and dry conditions in parts of Brazil and in parts of the U.S. during the planting season have helped spark recent… Full Post

Tax on Farm Estates and Inherited Gains

Farms.com By Krista Swanson, Gary Schnitkey, and Nick Paulson Department of Agricultural and Consumer Economics University of Illinois By Carl Zulauf Department of Agricultural, Environmental and Development Economics Ohio State University Apr 07, 2021 https://m.farms.com/news/tax-on-farm-estates-and-inherited-gains-166459.aspx The U.S. Congress is debating two sets of new legislation that would impact the tax on farmer estates and inherited… Full Post

CORN BELT FROST POSSIBILITIES IN MID-APRIL EYED, FORECASTER SAYS – A MONSTER REX BLOCK WEATHER PATTERN IS ON THE HORIZON.

Successful Farming By Mike McGinnis 4/7/2021 https://www.agriculture.com/news/crops/corn-belt-frost-possibilities-in-mid-april-eyed-forecaster-says As U.S. farmers head to the fields for spring planting of corn and soybeans, a rainy and cold weather pattern is set to arrive soon. Beginning this week, the Corn Belt planting progress could be delayed by rainfall. As of Sunday, the U.S. had 2% of the corn… Full Post

2% OF THE U.S. CORN CROP IS IN THE GROUND, USDA REPORTS – NO SOYBEAN PROGRESS IS IN THE FIRST CROP PROGRESS REPORT OF THE YEAR.

Successful Farming By Mike McGinnis 4/5/2021 https://www.agriculture.com/news/crops/2-of-the-us-corn-crop-is-in-the-ground-usda-reports Just as an Iowa farmer sent a text to this reporter showing himself planting soybeans, the USDA released its first of the year Crop Progress Report. As of Sunday, the U.S. had 2% of the corn crop planted, equal to the five-year average, according to the USDA. There… Full Post

THIRD ROUND OF PANDEMIC PAYMENTS BEGINS TO FLOW TO FARMERS AND RANCHERS

Successful Farming By Chuck Abbott 4/6/2021 https://www.agriculture.com/news/business/third-round-of-pandemic-payments-begins-to-flow-to-farmers-and-ranchers The Biden administration has begun sending pandemic payments of more than $5.6 billion to cattle and crop producers, opening the third round of coronavirus relief to farmers and ranchers in 10 months, said a USDA spokesman on Monday. The USDA, trying to reach minority farmers and others left… Full Post

HIGHER FARM MARKETS | TUESDAY, APRIL 6, 2021 – INVESTORS EYE PLANTING WEATHER, ANALYST SAYS.

Successful Farming By Mike McGinnis 4/6/2021 https://www.agriculture.com/markets/analysis/crops/higher-farm-markets-tuesday-april-6-2021 On Tuesday, the CME Group’s farm markets have buyer interest. In early trading, the May corn futures are 7¢ higher at $5.60½. July corn futures are 6¢ higher at $5.45¾. New-crop December corn futures are ½¢ higher at $4.89½. May soybean futures are 12¾¢ higher at $14.25¼. July… Full Post