AgResource Company released the latest soybean crop production estimate for Brazil, showing a crop size of 119.5 MMT. A recent tour shows the weather took a major toll on the crop in south Brazil.
In mid-February, Top Producer honored five farm operations from Minnesota, Kentucky, Idaho, Virginia and North Carolina. Learn about what makes them excel in the business of farming.
Jon Scheve says he would not be surprised if the market traded up the limit and then down the limit in back-to-back days or even the same trading day. Until more information is known about the outcome of the war in Ukraine the market is going to be extremely volatile.
Farmers who buy land might be entitled to a deduction of part of that purchase for excess fertility. However, be aware this requires ordinary income recapture when you sell the land.