Farming

Net farm income, a broad measure of profits, is forecast to decrease by $5.4 billion (4.5 percent) from 2021 to $113.7 billion in 2022. This expected increase follows a forecast increase of $23.9 billion (25.1 percent) in 2021. Net cash farm income is forecast to increase by $1.9 billion (1.4 percent) to $136.1 billion in 2022, after a forecast...
Results are in for World Ag Expo’s 2022 Top-10 New Products Competition. The winners will be showcased February 8-10, 2022 during the World Ag Expo in Tulare, California. The impressive field of new products were submitted for the contest by exhibitors of the largest annual agricultural show of its kind. Products ranged from simple solutions to autonomous robots and electric...
Redesigned from the ground up, 3 new models offer productivity-enhancing features and exceptional operator environment. Case IH is adding the Patriot 50 series sprayer to its lineup of self-propelled application equipment. With an exceptional operator environment, complete vehicle control, enhanced connectivity solutions and integrated spray technology, the Patriot 50 series sprayer is designed to help operators work more productively and...
 AGCO Corporation, received seven AE50 Awards from the American Society of Agricultural and Biological Engineers (ASABE) for 2022. Each year, ASABE selects only 50 products from the agricultural, food and biological industries to recognize for remarkable innovation, significant engineering advancement, and impact on their markets. This year’s recognition marks another very impressive performance for AGCO, with the awards being...
Two of the biggest issues facing America right now, labor shortages and the environment, are already getting major, tech-centered solutions from the ag world. https://youtu.be/8d43P-DhnIo “We’re just right at the cusp of some really interesting innovations as we begin to implement artificial intelligence and advanced sensors into the machines themselves. Whether that’s a machine that identifies weeds and treats them specifically...
The short-term outlook for ag retailers is positive given a backdrop of strong farmer income and steady demand for crop inputs. As harvest concludes later this fall, farm supply cooperatives (barring any weather shocks) should experience an active and profitable fall agronomy season. Further, with corn and soybean futures prices above the cost of crop production, the good times...
In response to the COVID-19 pandemic, the U.S. government implemented multiple assistance and stimulus packages to aid consumers and businesses, including agricultural producers. Agricultural operations qualified for assistance from three relief programs in 2020: The Coronavirus Food Assistance Programs (CFAP 1 and CFAP 2) are targeted exclusively at agricultural producers and include direct payments to eligible operations. With some exceptions,...
With over 80 percent of the West currently experiencing severe, extreme or exceptional drought conditions, and more than 2.2 million acres of land already burned across the Western states, a national coalition representing agriculture, public water agencies and the environmental and conservation communities urged Congress to include resources for additional water, forestry and ecosystem restoration programs as it considers another...
According to a new Corteva Agriscience survey of 600+ row crop farmers across 26 U.S. states, soil health practices continue to gain traction. Sixty-six percent of farmers report they have already implemented soil health practices such as using cover crops and/or reduced tillage that would qualify them to enroll in most carbon programs. Even as soil health practices become more...
The University of Nebraska–Lincoln’s Institute of Agriculture and Natural Resources and the National Strategic Research Institute at the University of Nebraska held a ribbon-cutting ceremony Sept. 27 to celebrate the official opening of the Collaborative Biosecurity Laboratory at the Morrison Life Sciences Research Center on Nebraska’s East Campus. The laboratory is another tangible step in the growing partnership between IANR and NSRI that brings together...