Farm debt has received increased attention in recent years. During the past two decades farm debt has increased – approaching levels last observed in the 1980s. Even as farm income has increased producers are still relying on inflated debt levels. Offsetting some of the challenges of increased debt levels have been better interest rates and lesser interest expenses. This week’s post considers another important trend in farm debt – longer repayment terms.
For the first time in decades, Indiana farmers are harvesting hemp, a strain of cannabis that's used not to get high but for fiber, rope, clothing, grain, paper and the increasingly popular CBD oil.
TWIN FALLS — A couple of dozen grownups sat on hay bales in trailers while Kirt Tubbs, in his tractor, drove the group around his farm.
A roadmap for future research investments in organic farming is planned by the Organic Farming Research Foundation and the Organic Seed Alliance. The organizations have been awarded funding for their proposal, which is titled “A National Agenda for Organic and Transitioning Research.” They recently were named recipients of a grant provided through the U.S. Department of Agriculture’s National Institute of Food and Agriculture. The organizations plan to conduct national surveys of organic producers to determine research priorities.
Early in this reporting period we were able to harvest a few acres of soybeans. We were able to start again late this past Thursday. A good probability of rain again both this past Saturday and Monday enticed us to take advantage of every available hour. This previous weekend we took a trip to the Twin Cities. I didn’t see one harvested soybean field from Wausau through Eau Claire and on north to Hudson.
The Wisconsin Department of Agriculture, Trade and Consumer Protection invites Wisconsin dairy processors to apply through Dec. 13 for the next round of Dairy Processor Grants. The funding is intended to foster innovation, improve profitability and sustain the long-term viability of Wisconsin’s dairy processing facilities. Grant recipients will be announced in February 2020.
The 2019-2020 Professional Dairy Producers of Wisconsin’s “Financial Literacy for Dairy Now” is open for registration. An advanced third level has been added to the multi-level program designed for dairy-farm owners, chief financial officers and partners. The program also has been a valuable professional-development resource for veterinarians, nutritionists and other agribusiness professionals. Offered in multiple sessions, “Financial Literacy for Dairy” provides attendees a solid financial understanding and foundation complimented by instruction in more-complex principles.
CLEMSON — Dairymen are a hardy lot known for tending their herds through the worst weather and toughest conditions.
Data may help farmers succeed in the face of climate change.