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Articles by K Strategies
Impact of the Elections on Farm Bill 2023
The farm bill debate depends in part on who controls the House because leadership of the Ag Committee would see definite changes if the GOP wins. In the Senate Veteran Debbie Stabenow (D-Mich.) will lead the Ag panel, assuming she does not jump to another spot. She is up for re-election in 2024. She has proven a staunch defender of her interests in farm bill battles in the past (specialty crops, urban farming, etc.). During the last farm bill, moderate GOP Sen.
$30,000 Per Acre? Yep, The Details on the Latest Record-Breaking Farmland Sale
Not to sound like a broken record, but we have another record for farmland sales. In Sioux County, Iowa, 73.19 acres of high-quality farmland sold for $30,000 per acre during an auction on Nov. 11. That equals a total sale cost of $2.195 million. That’s right, there is now a $30,000-per-acre club in Iowa. A local farmer was the buyer, and the runner-up was also a farmer, according to Jim Rothermich of Iowa Appraisal. “I cannot explain these recent price records,” he says.
USA Rice Outlines Annual Trade Barriers for USTR to Address in 2023
WASHINGTON, DC – Late last month, USA Rice formally submitted comments to the Office of the U.S. Trade Representative (USTR) regarding foreign trade barriers to U.S. rice exports. The industry overview is designed to aid the agency in formulating their 2023 National Trade Estimate Report (NTE), which will be published next spring. Similar to what has been submitted in recent years, USA Rice accounted for priority barriers to trade in 15 overseas markets.
WASDE Recap for November 2022: No News is Just No News
On Wednesday, November 9, the USDA released its latest World Agricultural Supply and Demand Estimates, or WASDE. The WASDE report provides an updated point of reference for agricultural commodity price expectations. This article discusses changes made by USDA to its 2022/23 corn and soybean balance sheets. Grain and oilseed markets certainly do not hold to the old saying that “no news is good news”.
5 Things to Know About Removal-Based P and K Strategies
©Debra L Ferguson Stock Photography One item I have been providing in our current corn and soybean fertilizer guidelines is estimated removal rates of phosphorus (P) and potassium (K). While our fertilizer guidelines have traditionally not been crop removal-based, growers using crop removal have told me that the concentration of P and K in grain has slightly declined compared to older values used for crop removal.
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