July 2022 Wallace’s Farmer “MarketPlace Extra”
With warmer temps and adequate moisture (for now!) in most corners of the state of Iowa have the crop off to a very promising start.
Answering Your Burning Questions About CRP Burns
For thousands of years, fire has been a natural and effective method for improving wildlife habitats. Today, we still use fire to meet some of our land management goals, but instead of letting a fire happen from a lightning strike, we use different strategies and tools to start and control fires so we can purposefully burn a certain area or patch of land. This practice is referred to as a controlled burn.
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Farmland Value Update - Summer 2022
After an incredible run like we had in 2021, the natural question is, “Can it continue?” Doug Hensley answers this question and more in our Farmland Value Update.
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Grain Markets - Summer 2022
Farmers and landowners across the Midwest sell their crops for market values determined by factors mostly out of their control. Grain marketing continues to be full of uncertainty as international conflicts, global logistics, energy and fertilizer supply, and weather concerns actively affect the markets. We are in a unique year with both historically high grain and fertilizer prices.
Effects of Russia – Ukraine impact for 2023 crop year
“Even if the conflict is solved tomorrow, there will still be long-term effects,” noted Cortney Cowley, senior economist at the Kansas City Federal Reserve Bank. The World Bank estimates crop fertilizer prices to rise about 70% in 2022 before falling slightly in 2023 [from atmospheric levels].
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June 2022 Wallace’s Farmer “MarketPlace Extra”
The calendar may say spring planting has arrived, but it’s been unseasonably cold and wet into early May. It hasn’t been this way for a few years, as we’ve been spoiled in 2020 and 2021 with smooth planting weather. But every year is different, and this twist of 2022 is just Mother Nature’s way of reminding us of who is in control.
May 2022 Wallace’s Farmer “MarketPlace Extra”
Heading into what is typically the slowest part of the land sales season, landowners' and farmers' focus shifts to getting a crop planted. With corn and soybean prices both at lofty levels rarely seen, it will continue to be interesting to watch moves in the land market into the summer months, especially with developments elsewhere.
