As of May 2, 2018, U.S. average price of $3.157 – a level last seen in January 2015.
There are some exceptions to the reporting dates.
Newly emerged corn and soybeans use less than 0.5 inch water per week, but many annuals like wheat and rye will dry the soil to a depth of 2–3 feet, leaving the crop dependent on timely rain or irrigation.
The program will continue for an additional five years, beginning June 8, 2018, and ending June 7, 2023. The current assessment is at a rate not to exceed two cents per pound.
The good news for Michigan consumers? “As the second most diverse agricultural state in the country, consumers can expect an ample supply of locally produced specialty crop fruits and vegetables in their supermarkets and local farmers’ markets this summer,” Robson said.
Given current economic conditions and the fiscal achievements of the farm bill, we strongly urge members not to impose even greater burdens on farmers by attaching harmful amendments during House floor consideration of the farm bill.
While both off-road and on-road diesel fuels have already seen a significant price increase, it could get worse. Bank of America analysts has released a report predicting that crude oil, currently at $77 per barrel could be headed back to $100 in 2019.
For a directory of other Clean Sweep coordinators and events in Michigan, visit the official website, call 517-284-5612 or email [email protected]
“Policymakers in Washington, D.C., and state houses across the country recognize the tremendous potential that industrial hemp can offer farmers as an effective rotational crop with promising economic benefits,” AFBF President Zippy Duvall wrote.
We all struggle with different things at times, but when we stand together, we lighten the load and are able to truly represent a united industry. It’s opportunities like these that show us how strong our voice can be.
First-cutting alfalfa has historically been the highest-yielding cutting of the year
Welcome to the 2018 Field Focus feature. This year, six of our seven reporters are members of ProFile, a leadership development program of Michigan Farm Bureau. In each print edition of Michigan Farm News through the growing season, these young farmers will tell you about conditions on their farms and their regions.
Are you wondering what the break-even cost is on your cattle operation? Are you unsure what market price you need on your crops to cover inputs? Questioning if you should buy that piece of equipment this year or next year to minimize income taxes?
Financial benchmarks provide farmers key insights into how their operation is performing financially and help identify areas for improvement.
In today’s challenging economic times, it is more important than ever to monitor the operational efficiency of your operation.
Farming is a capital-intensive business, with land, equipment and facilities that can run into millions of dollars.