Benton County, located on Indiana’s border with Illinois west of Lafayette, experienced wet fields and excessive rainfall this season – but soybeans in the area rebounded.
Indiana’s leaders respond to national debate on coal
The debate ramped up again this week on President Obama’s Clean Power Plan after the Senate voted, 52-46, in favor of two resolutions that disapproved of EPA’s regulations of new and existing coal power plants.
Concerns arising about slow export pace so far for new marketing year
Trade is becoming more concerned over the slow export sales pace we have seen on corn. To date the United States has only sold 27 percent of the yearly projected total on corn, compared to the 40 percent normally sold by this date.
Milk-per-cow rates not climbing, a sign of feed/forage issues
U.S. milk production continues above year-ago levels, though not by much. You’d have to go back to March 2013 to find a decline. The USDA reported October 2015 output in the top 23 states at 16.0 billion pounds, up just 0.1 percent from October 2014.
The average price of pork at retail during October was $3.973 per pound. That is 5.4 cents higher than the month before, but 17.6 cents lower than in October 2014. The October average pork price in grocery stores was the highest since January.
Offset credits take into account use of natural resources in development
A policy designed to compensate for federally protected natural resources lost to development was announced earlier this month by President Barack Obama.
25 years ago: 1990’s tobacco crop in Kentucky worth $700M
The value of the 1990 Kentucky tobacco crop should be more than $700 million, said Will Snell, an extension agricultural economist in the UK College of Agriculture. Average market prices probably will be higher than $1.70 per pound for the first time since 1984, with limited supplies being placed under government loan.
Tribine inventor’s farmland sells for $11,567 per acre
The Nov. 3 auction of 716 acres of farmland for Tribine Harvester inventor Ben Dillon attracted a crowd of eager bidders, resulting in the sale of the land to an investor for $8,282,000, or $11,567 per acre.
West Coast data firm opens an office at University of Illinois
A West Coast agriculture and analytics company committed to assisting industry leaders build stronger and smarter farms opened its doors for the first time last week in the Midwest.
