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DDG Weekly Update

3 Sep 2021
OMAHA (DTN) -- The DTN average price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended Sep. 2 was $201 per ton, down $4 from one week ago. Prices moved lower on average this week even as production was lower again, slowing DDG output. Wednesday's Energy Information Administration report showed domestic invent...

Family Business Matters

3 Sep 2021
Most of what we hear or read about passing the family business to the next generation is positive. Farm- or ranchland, financial assets, life lessons and family values are the primary assets we hope to transition to others. Indeed, significant time and money are invested in making sure things of value pass with as little tax or family friction as p...

Ida Expected to Shift Grain Export Flow

2 Sep 2021
By Mary Kennedy, DTN Basis Analyst and Chris Clayton, DTN Ag Policy Editor OMAHA (DTN) -- Grain companies with terminals along the lower Mississippi River are looking at shifting more of their committed grain and soybean exports to ports in the Pacific Northwest while damage assessments and repairs begin in earnest following Hurricane Ida. Hurrica...

Minding Ag's Business

2 Sep 2021
Six-dollar corn is expensive to grow. The University of Illinois projects corn farmers' non-land costs will climb by $70 per acre next year, leaving a much thinner profit outlook than corn prices might suggest. Joe Sinclair, president of national ag chemical wholesaler Quality Ag Service, recently told DTN's Elizabeth Williams that he advises farme...


2 Sep 2021
What a wild ride. No, not COVID or politics. I'm talking about the weather -- from drought and fires to floods. Because of the weather's significant impact on farmers this year, I want to review a few planning opportunities to help mitigate the potential tax consequences. Many farmers will defer the 2021 crop into 2022 to delay recognition of incom...
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