While all classes of farmland in Indiana saw double-digit percentage increases in value during the past year, growth is expected to moderate into 2022 as input costs pressure profit margins.
Business & Inputs
Domestic ethanol inventories rose a second week as of July 23 as output, though again lower, remained above 1 million barrels per day (bpd) for an 11th straight week -- the longest stretch in over a year.
The House ag supplemental disaster aid bill provides funds under the Wildfire Hurricane Indemnity Program-Plus (WHIP-Plus) for disasters in 2020 and 2021. The bill will include payments for unharvested acres, as well as on-farm storage...
Fires such as the Bootleg Fire in Oregon, which has burnt more than 409,600 acres as of July 26, continue to create all sorts of havoc. Raging fires are leaving some California wineries with no insurance.
The entire GOP Senate caucus joined in stressing Democratic plans to raise capital-gains taxes and eliminate stepped-up basis for inherited assets would be devastating to farmers, ranchers and other family businesses. Democrats continue to focus on passing their...
Energy Information Administration data show domestic ethanol inventories held higher, rising to a 21-week high amid further decline in blending demand.
The Biden administration is reportedly delaying the release of Renewable Fuel Standard volume proposals for 2021 and 2022 because of political concerns.
Ag Interest Rate
|DTN Ag Interest Rate Snapshot|
|TODAY||- LAST YEAR|
|CCC Loan Rate||1.125||1.125|
|Real Estate *||3.94||4.72|
|Feeder Livestock *||4.31||5.05|
|Farm Machinery *||4.88||5.57|
|* Federal Reserve's quarterly average|
|effective interest rates at ag banks.|
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