While cropland values in Ohio increased in each of the past three years, several factors, including continued low interest rates, low debt-to-asset ratios and lower profit margins, are likely going to make for a relatively flat land market in 2015, an economist from Ohio State University’s College of Food, Agricultural, and Environmental Sciences said.
The U.S. Environmental Protection Agency (EPA) has granted a Section 18 emergency use exemption to Texas for the use of TopGuard fungicide that permits cotton growers in Texas to use TopGuard at planting to control cotton root rot.
A farmdoc daily article last fall (October 30, 2014) indicated that 2014 was shaping up to be a very tough year for biodiesel producers. Since that article was published there have been some major developments such as the collapse in crude oil prices and reinstatement of the biodiesel tax credit.
Toyota Motor Corp. affiliate Toyota Tsusho Corp. will be selling a higher yielding rice seed after seeing a business opportunity in Japan’s farming industry. Production of the rice, which is a Koshihikari rice strain, is beginning this year.
Following the January 12 USDA Crop Production and Grain Stocks reports it's becoming increasingly clear that the story in corn and soybean markets for the foreseeable future will be the ongoing pace of consumption.