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18 Aug 2020
This past weekend, I had the good fortune of attending the Iowa Governor's Charity Steer Show, held in Ames, Iowa. The event is put on by the Iowa Beef Industry Council and the Iowa Cattleman's Association, and money raised goes to benefit the Ronald McDonald Houses of Iowa. Given the adverse financial climate for beef producers in 2020, I couldn't...
17 Aug 2020
ANKENY, Iowa (DTN) -- As winds hitting 100 miles per hour turned grain bins into twisted pieces of steel Monday in portions of three Midwestern states, Stephanie Voxland's phone blew up. Harvest, after all, won't stop because grain facilities are damaged or destroyed."My phone started ringing as the storm was going on -- that's a true story," said ...
17 Aug 2020
I've had conversations with several clients recently. Because of the stress and uncertainty, they would like to transition out of farming.Sometimes, this means transitioning to the next generation, and sometimes, it means selling off inventory/equipment and collecting rent checks. If you farm as a sole proprietor, it's relatively easy. However, in ...
17 Aug 2020
MT. JULIET, Tenn. (DTN) -- The U.S. could set new yield records in 2020, with Gro Intelligence forecasting a national average corn yield of 183.9 bushels per acre and soybean yield of 53.1 bpa.The corn yield estimate is 2.1 bpa higher than USDA's August estimate, while Gro's soybean estimate came in 0.2 bpa below USDA. Neither estimate accounts for...
17 Aug 2020
Miami International Holdings (MIH), the parent holding company of the MIAX Exchange Group, and the Minneapolis Grain Exchange (MGEX), a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announced on Aug. 14 in a new release that they have entered into a definitive agreement and plan of merger.Under the agreement, MIH wil...