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17 Jul 2020
OMAHA (DTN) -- Farm delinquency rates went up and agricultural lending slowed during the height of the coronavirus pandemic lockdown, two economists for the Kansas City Federal Reserve Bank detailed in an analysis Thursday.Reflecting some of the challenges of the agricultural sector, commercial banks reported 13% fewer non-real estate loans to farm...
16 Jul 2020
DECATUR, Ill. (DTN) -- When the weather turns wicked, sometimes all you can do is hang on and hope things don't look too bad when it is over.Wild weather battered several crop production areas this past week, and Ryan Jenkins and Reid Thompson were counting themselves lucky. Jenkins, who farms in the Florida Panhandle, and Thompson, from central Il...
16 Jul 2020
Remember what a mess we had in the grain market back in the winter of 2013-14, when rail congestion was so bad that ethanol plants across the Midwest were waiting days to receive train service, and secondary freight prices got so desperately high that they added an extra $1.50 per bushel to the cost of shipping grain from anywhere in the United Sta...
16 Jul 2020
OMAHA (DTN) -- The next bill detailing investments for locks and dams and other inland waterways investments passed out of the House Transportation and Infrastructure Committee on Wednesday.The Water Resources Development Act of 2020 authorizes the Army Corps of Engineers to begin construction on 34 pending water-infrastructure projects and authori...
15 Jul 2020
ROCKVILLE, Md. (DTN) -- With 60 million acres of Xtend cotton and soybeans and rising herbicide-resistance problems across the crop spectrum, dicamba use in U.S. agriculture is at or near record heights this year.Yet the chemical's future has never been less certain. The most pressing question facing farmers and the industry is whether two companie...