With lower commodity prices in recent years, many have wondered when asset values in cropland, farm real estate and cash rents would begin to decline in proportion to the declines in farm cash income. Prior to 2013, the correlation between cash rental rates and net cash income was nearly 90 percent. However, since 2013, a much lower level of correlation — driven by low real estate interest rates — has been observed at 22 percent, Figure 1. USDA’s most recent survey of cash rents along with the annual Land Values Summary confirmed that cropland, farm real estate and cash rental rates remain slow to adjust to this new period of lower farm income.
Genetic patent claim an assault on entire Australian livestock industry: O’Sullivan By James Nason, 27 February 2018 An extraordinary case in which a giant US meat corporation and a small US shelf-company appear set to be granted a patent over methods of genomic analysis in the Australian cattle industry is set to come to a head this Friday…….. READ MORE…..https://www.beefcentral.com/news/genetic-patent-claim-an-assault-on-entire-australian-livestock-industry-osullivan/ Genetic patent claim an assault on entire Australian livestock industry: O’Sullivan
Dairy Promotion Directors Elect Board Officers ROSEMONT, IL – Leaders of Dairy Management Inc. (DMI), the National Dairy Promotion and Research Board (NDB) and the United Dairy Industry Association (UDIA) announce the following dairy farmers as new officers. The DMI and NDB elections were held during the February board meeting of DMI. DMI officers: Chair – Marilyn Hershey, Cochranville, Pa. Vice Chair – Steve Maddox, Riverdale, Calif. Secretary – David “Skip” Hardie, Lansing, N.Y. Treasurer – Larry Hancock, Muleshoe, Texas DMI, which manages the national
2/22/18 – New Holland Thursday Cattle and Calves Auction New Holland, PA Wed Feb 21, 2018 USDA – Ag Market News New Holland Sales Stables – New Holland, PA Dairy Replacement Cattle Auction Report for Wednesday, February 21, 2018 *** Next Heifer Special Wednesday, March 14th @ 10:30am *** Receipts: 372 Last Sale: 766 Last Year: 220 Compared to last week, Holstein cows sold mostly steady to weak on a large supply. Demand moderate. Holstein bulls sold steady to 100.00 lower. Bred Holstein heifers sold mostly 100.00-200.00 lower on a