From 40 degrees above zero earlier this week in parts of the Great Plains to now forecasts for temps to fall 40 degrees below zero, ag meteorologist Drew Lerner says the frigid conditions will be dangerous for livestock.
Major winter storms are on the way early next week. With the possibility of blizzard conditions to flooding in the southeast, the impact on agriculture could be two-fold: good news for drought but stress to livestock.
The Ag Economists’ Monthly Monitor is a new survey of nearly 50 economists. Most ag economists agree the next 12 months could produce more financial pressure for agriculture, but their views vary depending on commodity.
Its name sounds like something that belongs in the pages of a Dr. Seuss book. But festulolium actually is a highly useful hybrid forage grass – the result of a cross between fescue grass and ryegrass.
Debt-to-asset ratios are on the rise, working capital is eroding and farmers’ sentiments are on the decline. Despite the negativity surrounding prices and outlooks, Famer Mac is providing a voice of optimism.