If cash rent leases are negotiated via auction, Jim Rothermich is seeing prices drawing double- or even triple-digit gains. In Illinois, cash rent prices are up 90% to 120% compared with the previous year.
USDA’s first official net farm income forecast shows an expected 16% drop in 2023 net farm income, largely due to a decline in commodity prices and government payments with higher expenses and costs at the farm level.
The 2018 farm bill was stamped with a $428 billon price tag when passed. With the bill set to expire on Sept. 30, here’s a breakdown of the topics ag groups look to push on the negotiating table.
Mexico will soon publish a new decree regarding the import of GMO corn — and if U.S. GMO corn can pass the sanitary filters, it will have no problem entering Mexico, says the Mexican Secretary of Economy.
