Because fields were wet through the fall, chances are high they will be wet in the spring, too. Ruth Beck, South Dakota State University Extension agronomist, compiled these tips on planning for a wet spring: 1. Consider seeding a cover or forage crop in lieu of a cool-season grain crop. It is possible to grow […]

Last week, the Federal Reserve Board released its November 2019 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the U.S. agricultural economy. Graph of Fed Districts from, “The Beige Book.” * Fifth District- Richmond– “Farmers were reportedly hesitant to invest in land or equipment because […]

The USDA’s Economic Research Service (ERS) indicated on Wednesday that, “Net farm income, a broad measure of profits, is forecast to increase $8.5 billion (10.2 percent) from 2018 to $92.5 billion in 2019. Net cash farm income is forecast to increase $15.5 billion (15.0 percent) to $119.0 billion.” “2019 Farm Sector Income Forecast,” November 27, 2019 (USDA-ERS). “In inflation-adjusted 2019 dollars, net […]