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Agriculture
Intelligence Report

Paul Kindinger

Recent Posts

Jun 15, 2022

New Record Farmland Price in NW Iowa

Generally, May is one of the slowest months of the year with 500-900 acres of Iowa farmland going to auction. May 2022 came in at 5,589 acres. Compared to 2,418 acres the same time last year, auction activity remains well above average and there is a good number of auctions on the books for the...

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Jun 15, 2022

Crop Planting Catches Up to 5-year Average – What it Means for Your Business

The USDA released its 11th Crop Progress report Monday afternoon. These reports run weekly through the end of November and look at the progress and condition of various crops on a national and state-by-state scale.

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Jun 15, 2022

Tractor and Combine Sales Decline – Why it Matters to You

For the first time since March 2020, U.S. tractor and combine sales fell below the five-year average last month, according to the Association of Equipment Manufacturers (AEM).

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Jun 15, 2022

Ocean Shipping Reform Bill Headed for Signature

The Ocean Shipping Reform Act passed the U.S. House Monday and now awaits the President’s signature.

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Jun 15, 2022

Drought Curbs Expected Tomato Crop

California tomato canneries are said to be combing the Central Valley for growers with stable water supplies as the contract price for canning tomatoes was set at a record $105 per ton.

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Jun 15, 2022

Apple CarPlay Soon to Control Your Car – Apple TractorPlay Next?

If you have driven a car with Apple CarPlay, you know that it drastically simplifies integrating your phone into your driving experience. No more searching for a way to sync your iPhone’s contacts, music, or maps with your vehicle. Just plug in your phone (or connect wirelessly) and your phone’s...

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Jun 15, 2022

Scientists Grow Plants in Soil from the Moon

Scientists have grown plants in soil from the Moon, a first in human history and a milestone in lunar and space exploration.

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Jun 9, 2022

Diesel Prices Hit Another Record – Supplies Vulnerable

Record high diesel prices are having rippling effects throughout the ag industry. “We are back to setting new records for the price of diesel on a near daily basis,” said GasBuddy’s Patrick De Haan.

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Jun 8, 2022

The Role of Electric Vehicles in the Future of Farming

With gas prices hovering at more than $6 per gallon in some areas of the country, Ford Pro, the commercial division of Ford Motor Company, is offering farmers some relief in the form of its new, all-electric F-150 Lightning pickup truck. By providing trucks and charging stations for select...

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Jun 8, 2022

Survey Shows Farmers Tops in Trustworthiness

When 1,000 consumers were asked who they trusted in the food system, farmers were the clear winners, said the economists overseeing the newly reported Gardner Food and Agricultural Policy Survey. Participants gave farmers an average score of 5.6 on a scale of 1 to 7.

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Jun 8, 2022

China, Beef, and Corn

China purchased a record $35.9 billion in ag products from the U.S. in 2021. That was a roughly $7 billion, or 25%, increase from 2020 activity and the previous record of $29.0 billion (2013). This article looks at the commodity-level changes in purchases.

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Jun 8, 2022

Farmer Sentiment Dips as Production Costs Skyrocket

The Purdue University/CME Group Ag Economy Barometer dropped in May to a reading of 99. Agricultural producers' perceptions regarding current conditions on their farms, as well as their future expectations, both weakened as well. The Index of Current Conditions dipped to a reading of 94 and the...

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Jun 8, 2022

Ethanol Demand Up

Energy Information Administration (EIA) data released recently shows slightly lower domestic ethanol inventory in the week ended May 20 amid progressively higher demand, which climbed to a near nine-month high.

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Jun 8, 2022

Ukrainians Struggle to Ship Grain Out of War-torn Country

Imagine if a foreign power blockaded the U.S. ports in the Gulf of Mexico. And, imagine if someone had decided that all the train rails west of the line of states from Louisiana to Minnesota had to be a different width than those to the east. Picture that and you can see some of what farmers and...

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Jun 1, 2022

Forecast Calls for Record U.S. Farm Exports Amid Global Turmoil

The United States will export a record $191 billion worth of agricultural products this fiscal year as the world scrambles to replace the corn, wheat, and vegetable oil it would normally get from Russia and Ukraine, according to the latest USDA forecast. It would be the second year in a row of...

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