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17 Aug 2020
ANKENY, Iowa (DTN) -- As winds hitting 100 miles per hour turned grain bins into twisted pieces of steel Monday in portions of three Midwestern states, Stephanie Voxland's phone blew up. Harvest, after all, won't stop because grain facilities are damaged or destroyed."My phone started ringing as the storm was going on -- that's a true story," said ...
17 Aug 2020
I've had conversations with several clients recently. Because of the stress and uncertainty, they would like to transition out of farming.Sometimes, this means transitioning to the next generation, and sometimes, it means selling off inventory/equipment and collecting rent checks. If you farm as a sole proprietor, it's relatively easy. However, in ...
17 Aug 2020
MT. JULIET, Tenn. (DTN) -- The U.S. could set new yield records in 2020, with Gro Intelligence forecasting a national average corn yield of 183.9 bushels per acre and soybean yield of 53.1 bpa.The corn yield estimate is 2.1 bpa higher than USDA's August estimate, while Gro's soybean estimate came in 0.2 bpa below USDA. Neither estimate accounts for...
17 Aug 2020
Miami International Holdings (MIH), the parent holding company of the MIAX Exchange Group, and the Minneapolis Grain Exchange (MGEX), a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announced on Aug. 14 in a new release that they have entered into a definitive agreement and plan of merger.Under the agreement, MIH wil...
14 Aug 2020
OMAHA (DTN) -- One thing has become clear as crop experts tour the damage left behind by the derecho that ripped through Iowa this week: Farmers will face a multitude of challenges come harvest.Trevor Birchmier, a farmer and owner of Central Iowa Shortline of Maxwell, a farm store and equipment business, told DTN that about 2,400 acres of corn went...