Author: Membership

IFB PRESIDENT: INHERITANCE TAX WOULD BE “ABSOLUTELY DEVASTATING” –

The Illinois Farm Bureau does not support a new farm inheritance tax set forth by the Biden Administration. According to IFB President Richard Guebert, some farmers could have to sell … Read More

FOR FARMLAND CONSERVATION IN THE MIDWEST, IT COMES DOWN TO WHO OWNS IT –

More than half of Illinois farmland is rented, according to data from the U.S. Department of Agriculture. Landlords arguably play a smaller role when they simply rent the land for … Read More

3 BIG THINGS TODAY, JUNE 22, 2021 –

Soybeans dropped in overnight trading, weekly export inspections of corn lowered and some isolated storms are forecast for late this afternoon in the Oklahoma and Texas panhandles. (Successful Farming)  

BIDEN EXPECTED TO MEET WITH LAWMAKERS THIS WEEK TO DISCUSS LATEST INFRASTRUCTURE PROPOSALS –

President Joe Biden expects to meet with lawmakers this week as a group of Democrats and Republicans try to forge an infrastructure plan that could get through Congress with bipartisan … Read More

U.S. PLAINS FARMERS BET ON SORGHUM AS CHINESE DEMAND LIFTS PRICES –

U.S. farmers are poised to expand plantings of sorghum by nearly 20% this year, a far larger percentage than soy or corn acres, as the crop purchased mainly by China … Read More

ILLINOIS FATHER-DAUGHTER TEAM SHARES PASSION FOR FARMING –

A northeastern Illinois father-daughter team finds the fun in farming, every day. Dave Kestel and his daughter Frankie Kestel-Forsythe work long hours but know how to celebrate their time together. … Read More

USDA ANNOUNCES AID FOR BIOFUEL, LIVESTOCK PRODUCERS, AMONG OTHERS –

Biofuel producers will split $700 million in aid funds for pandemic production losses, and livestock producers who have been left out of earlier aid also will see some assistance, as … Read More

WASHINGTON WEEK AHEAD: SENATORS TO PROBE CATTLE MARKET, CLIMATE BILL ON TAP –

The Senate Agriculture Committee is bringing in representatives of producers as well as experts on the meatpacking industry and cattle markets for a hearing on industry pricing practices. In the … Read More

GRAINS-CHICAGO CORN, SOY PRICES FALL ON WEEKEND RAINS IN U.S. –

Chicago corn and soybean futures fell on Monday as U.S. crops benefited from much-needed rains over the weekend while wheat prices also weakened. (Nasdaq)

CHINA’S CAMPAIGN TO CONTROL COMMODITIES GOES INTO OVERDRIVE –

China has stepped up its campaign to rein in commodity prices and reduce speculation in a bid to ease the threat to its pandemic rebound from soaring raw material costs. … Read More

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