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The 4 types of agtech startups attracting venture investment
Despite a tough funding environment, companies that address farm profitability and sustainability have remained somewhat resilient in this year’s second quarter, according to Pitchbook.
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Kansas Corn STEM Education Program Hits New Records
MANHATTAN, Kan. — The Kansas Corn Commission’s education program, Kansas Corn STEM, is celebrating a milestone reaching 104,645 Kansas students and supporting 3,844 Kansas educators in the 2023-24 school year. Kansas Corn STEM was created to increase agriculture education in the K-12 classroom through STEM-based classroom resources and training focusing on corn, ethanol, biotechnology, soil…
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Kentucky Soybean Production Jumps
LOUISVILLE, Ky. — Soybean production for Kentucky is forecast at 112 million bushels, increased 12% from 2023. Yield is estimated at 55.0 bushels per acre, unchanged from a year ago. Acreage for harvest as beans was estimated at 2.04 million acres, up 220,000 acres from the previous year. U.S. soybean production is forecast at 4.59…
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When pricing produce to sell directly to consumers, know costs
GAINESVILLE, Fla. — Instead of taking what the broker or retailer feels like paying, small- and medium-sized farmers who sell directly to consumers should track costs, determine what they want to earn and set their own produce prices, University of Florida experts say. Growers should base their prices on their costs, said Kim Morgan, a…
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Farm Advisors officially launches new farmer mentorship program
A new conservation mentor program will help farmers implement soil health practices on their operation. Jim Moseley says the people who founded Farm Advisors have decades of experience in on-farm conservation practices. “They’re going to assist other farmers in terms of conservation,” he says. “All activity decisions will be made by farmers.” He tells Brownfield…
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Ag banker concerned about lengthy downturn in farm economy
An ag banker is concerned about a prolonged downturn in the farm economy. Ed Elfmann is with the American Bankers Association. “USDA is predicting a 27 percent drop in farm income over the next year, who knows what next year will look like into ’25.” He tells Brownfield agriculture is cyclical. “We’ve seen these cycles…
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Farmers encouraged to keep eye on expenses as inflation slows
An ag banker says farmers need to maintain strong balance sheets even as inflation has slowed. Barry Benson with Nebraska-based First National Bank of Omaha (FNBO) tells Brownfield… We do have to look to sharpen our pencils, make sure that we’re controlling costs where we can,” he says. “We always preach liquidity. Liquidity is king and cash is…
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Farm Production Expenditures Up More than 6 Percent
EAST LANSING, Mich. — Farm production expenditures in the United States are estimated at $481.9 billion for 2023, up from $452.5 billion in 2022, according to the USDA National Agricultural Statistics Service. The 2023 total farm production expenditures are up 6.5 percent compared with 2022 total farm production expenditures. The four largest expenditures at the United…
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Alex Harrell Shatters Soybean World Record With 218-Bushel Yield
Alex Harrell Shatters Soybean World Record With 218-Bushel Yield Agweb Powered by Farm Journal
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Crop Progress: U.S. corn crop is unchanged, soybeans are looking good
Crop Progress: U.S. corn crop is unchanged, soybeans are looking good RFD-TV
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Farm Transitions Require Conversations and Planning Ahead
Succession and farm transitions are a challenging topic that takes a lot of preparation. Tim Cobb, the Owner and President of Farmland Company, says there are different types of transitions. Cobb says, “There’s two that are most important. That’s an operational management transition as well as an ownership transition, and those items don’t normally happen…
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IFB encourages mental health awareness as farm profitability wanes
Top officials with the Illinois Farm Bureau say profitability concerns are bringing increased awareness around farmer mental health. President, and Ogle County farmer, Brian Duncan tells Brownfield… “As we look at depressed commodity prices, wondering where the relief is insight, I think we do have a good crop coming in the state, but no matter…
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US to expand bird-flu testing of beef in slaughterhouses
US to expand bird-flu testing of beef in slaughterhouses KDAL
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USDA Report Shows Cool Start To August Didn’t Slow Crop Progress
USDA Report Shows Cool Start To August Didn’t Slow Crop Progress 1380 KCIM
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CHS Introduces New Trivar EZ Fertilizer
The enhanced granular blend features the Levesol chelating agent, which helps improve the availability of micronutrients to crops. The post CHS Introduces New Trivar EZ Fertilizer appeared first on CropLife.
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Make the most of soybean harvest
Make the most of soybean harvest Farm Progress
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Forecast: Despite fewer acres planted, Iowa farmers will harvest third-largest corn crop
Forecast: Despite fewer acres planted, Iowa farmers will harvest third-largest corn crop Des Moines Register