Impact of Chinese Retaliatory Proposed Tariffs
China’s Ministry of Trade announced a new 25 percent tariff on U.S. goods including corn, soybeans, beef, pork, ethanol, cars, and chemicals in response to ongoing threats from the Trump Administration to impose tariffs on Chinese products for intellectual property theft. At the same time, Brazil announced a 37 cent per bushel surcharge on soybean exports.
April 2018 Wallace’s Farmer “MarketPlace Extra”
The farmland market across the State of Iowa remains stable. As we enter springtime, upcoming field operations will mark the end of the traditional farmland “sales season”, which generally runs from September to March each year.
March 2018 Wallace’s Farmer “MarketPlace Extra”
The farmland market across the State of Iowa remains stable. From neighborhood to neighborhood, there are ranges in value for the same quality land.
February 2018 Wallace’s Farmer “MarketPlace Extra”
The farmland market across the State of Iowa remains stable. Value ranges exist for the same quality land in different neighborhoods, and can be affected by several potential factors including the recent volume of land sales, the influence of local livestock production and local growing season success (or lack thereof).
The Farmland Sale-Leaseback
Farming has always been a capital-intensive business. For farmers to grow in the future, they may need to look beyond traditional sources of funding.
January 2018 Wallace’s Farmer “MarketPlace Extra”
Throughout the State of Iowa, corn and soybean yields in 2017 pleasantly surprised market observers and created support for the fall-winter 2017-2018 farmland sales season.
Cover Crops
Cover crops are generally considered any crop planted on a field between cash grain crops or during the non-growing season to provide “cover” to the soil. In the Midwest, the non-growing season typically starts after corn or soybean harvest, sometime between September and mid-November.