Milk futures were down and cash dairy prices were all lower except for whey on the Chicago Mercantile Exchange Friday. June Class III milk was up $0.04 at $24.33 but it was the only price that went up. July closed down $0.68 at $22.78. ... Read More.
An ag real estate expert says the high price tag on land shouldn’t shy farmers away from making purchases. Randy Dickhut with Farmers National Company says there’s been an increasing number of $20,000-plus per acre sales. “Those are the ones that everybody sees and... Read More.
HUTCHINSON - Home sale prices have taken a jump, substantial in some areas, in the mid and south central Kansas region served by Prairie Land Realtors Mid-Kansas Multiple Listing Service. For their entire area, the average sale price of a home in May increased by... Read More.
WASHINGTON, D.C. —The cost of a barrel of oil is nearing $120, nearly double from last August, as increased oil demand outpaces the tight global supply. Meanwhile, domestic gasoline demand rose last week in the wake of a robust Memorial Day weekend of travel.... Read More.
Expensive inputs are dampening farmer enthusiasm about high commodity prices. Brent Mohn grows corn and soybeans in southern Minnesota. “A lot of people get excited about high commodity prices, but kind of don’t think about the high expenses that go with it. I personally find... Read More.
Record fuel prices have an equipment manufacturer studying alternative engines for farmers and ranchers. Daryl Theis, Head of Sales and Marketing with CLAAS North America, says the cost and emissions of a diesel machine could create a market for electric engines. “As infrastructure develops,... Read More.
An ag economist says demand for biofuels has added stronger price support for commodities. Nathan Kauffman with the Kansas City Federal Reserve Bank says prior to the pandemic, commodity prices were expected to remain steady through 2022. But, he says, that’s changed. “There are underlying... Read More.