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20 Nov 2018
By Elizabeth WilliamsDTN Contributing Editor INDIANOLA, Iowa (DTN) -- Annual profits and losses in agriculture generally follow a rollercoaster path with sharp peaks and valleys. In the past, a tax-loss year would help farmers and ranchers offset profits from a future year. The Tax Cuts and Jobs Act of 2017 changed that equation and limits the b...
20 Nov 2018
By Anthony GrederDTN Managing Editor OMAHA (DTN) -- An estimated 10% of the nation's corn crop and 9% of the soybean crop was left to harvest as of Sunday, Nov. 18, USDA's National Ag Statistics Service said in its weekly Crop Progress report on Monday. Corn harvest ended last week at 90% complete, up 6 percentage points from the previous week. Ha...
19 Nov 2018
By Todd Hultman DTN Lead Analyst It was just over a week ago that USDA surprised markets with a 5.9 billion bushel (bb) increase in its estimate of China's corn stocks, and I am glad to say the impact on December corn prices has been minimal, down only about 4 cents or 5 cents from the close of the day before the report. In fact, trading in corn ha...
19 Nov 2018
By Katie Dehlinger DTN Farm Business Editor and By Elizabeth Williams DTN Special Correspondent OMAHA (DTN) -- Cash flow is a growing problem in farm country, and nearly all of the bankers that spoke with DTN at a recent conference said there's some part of their portfolio that's under significant financial stress. However, that portion is small, a...
19 Nov 2018
By Chris ClaytonDTN Ag Policy Editor OMAHA (DTN) -- After months of debate among livestock groups and the emerging cell-cultured protein industry, Agriculture Secretary Sonny Perdue and Food and Drug Administration Commissioner Scott Gottlieb issued a joint statement Friday announcing that both USDA and FDA will play a role in regulating cell-cultu...