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14 Feb 2024
OMAHA (DTN) -- Average retail price moves were evenly mixed for the eight major fertilizers in the second week of February 2024, according to sellers surveyed by DTN. Breaking a streak of six straight weeks when most fertilizer prices declined, prices for half of the eight major fertilizers were slightly lower than last month while prices for the o...
13 Feb 2024
OMAHA (DTN) -- The U.S. lost nearly 142,000 farms and 20.1 million ag acres from 2017 to 2022, which Agriculture Secretary Tom Vilsack said should be a "wake-up call" for policymakers. USDA released its 2022 Ag Census on Tuesday, a five-year survey that takes a snapshot of American farmers and their operations. The data is used by policymakers to h...
13 Feb 2024
It was August 2021, and in a field outside of Decatur, Illinois, the future seemed at hand. Raven Industries, at that point recently acquired by CNH Industrial, was showing off a Case IH tractor powered by the company's OmniDrive autonomous grain cart technology. It buzzed up and down the field pulling alongside, then away from, a combine, and it d...
13 Feb 2024
More and more farmers are looking to futures markets to reduce risk. There are two techniques farmers can use: hedging and speculation. Hedging is what most people think about when they market their crop. Tax law defines hedging as a transaction in the normal course of business to minimize risk of price changes with respect to inventory or supplies...
11 Feb 2024
By DTN Staff OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of Feb. 11. Watch for coverage of these and other topics through the week on our subscription platforms as well as on www.DTNPF.com. All times listed below are in Central Standard Time (CST) unless otherwise mentioned. 1. National machinery shows: Two of...