Route 66, for all its tourism and historic lore, is a battered, forgotten road in many areas in every state I have toured thus far. There doesn't seem to be a quick remedy for that anytime soon. Members of Congress are a bit more concerned about simply making the Highway Trust Fund cash flow through the current election cycle rather than look at any kind of road or infrastructure program that would create a lasting fix to protect some of the country's roads from crumbling further.
Dan, an Iowa farmer, summarized the problem in a 16-word Twitter post last month: "$4 cash corn. Same as when I started in 2010, but cash rents are $100 higher." He could have added: Something's gotta give.
DTN's national average cash price index--a collection of cash bid data from almost 3,000 locations across the U.S.--slid to $3.52 last Friday.
7/21 1:55PM November soybeans closed lower and December corn fell to a new contract low with favorable weather and expectations for large crops this fall continuing to scare away the buy side of the market. September Chicago wheat also finished lower with Monday's Crop Progress report expected to show producers near the end of the winter wheat harvest.
Northern Midwest to See Rain Tuesday7/21 1:39PM Rain Tuesday in the northern Midwest and in the Southeast. Dry elsewhere. Temperatures are trending up bringing hot conditions to some areas.
Monsanto representative Chris Mayo displays the black-and-white checkered flag that will mark the company's dicamba-tolerant crops in the future. (DTN photo by Emily Unglesbee)
The New DicambaChange Up Spray Habits7/16 5:16PM At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto representatives stressed the importance that good spraying stewardship must play in a future full of different herbicide-tolerant crops.
Fri Jul 18, 2014 12:36 PM CDT In this week's Crop Tech Corner, Missouri scientists discover a defense mechanism in plants, Illinois researchers prepare for charcoal rot to thrive in the future, and Nigerian farmers get a new corn hybrid resistant to both an herbicide and a weed.
Wed Jul 9, 2014 02:18 PM CDT Monsanto's new dicamba trait technology won't be launched in soybeans for 2015. Cotton growers will get the first look.
Kansas City Federal Reserve President Esther George advocates "getting interest rates off zero relatively soon" and warned farm borrowers and lenders to prepare for a more normal rate environment at this week's ag symposium. (Photo courtesy of Federal Reserve Bank of Kansas City)
Rates Too Low Too LongBankers Say Interest Rates Need to Rise7/21 1:28PM Discounted interest rates have led to unintended consequences in land values, a shortage of funds at country banks and riskier investments as savers seek higher returns, bankers and realtors contend.
Mon Jul 21, 2014 01:42 PM CDT Weaning, no matter how it's done, is a shock to calves. It's such a shock that most won't even eat those first few days away from mama -- unless those calves belong to Eddie Bradley.
Mon Jul 21, 2014 01:37 PM CDT Old, open or ornery means an automatic ticket to town for Jacot Ranch cows. That's just simple economics for Paul Jacot and his son, John. But the Moline, Kan., cow/calf men have been changing their culling strategy lately in order to head the herd in a whole new direction.
Mon Jun 23, 2014 01:32 PM CDT A group of scientists with Argonne National Laboratory and university experts are calling out an Environmental Working Group study that claimed that cutting the mandated corn-based ethanol by more than 1 billion gallons would cut carbon dioxide emissions.
Tue Jul 8, 2014 10:52 AM CDT Every bag of radish seed that leaves Garth Mulkey's farm has his phone number attached. The Monmouth, Ore., cover crop seed grower may be 2,000 miles away from most of his customers, but a one-on-one relationship is part of the deal.
Mon Jul 14, 2014 11:14 AM CDT When you buy or if you overpay can erode farmland's advantage over stocks as an investment.
The tone of a presentation by J.P. Gervais, chief agricultural economist for Farm Credit Canada, at the Kansas City Federal Reserve Bank's Agricultural Symposium Tuesday was that growth in agriculture is still possible, but it won't be linear as it has been in the past few years. (DTN photo by Elizabeth Williams)
"Easy Money Times Over"Cautious Tone for Ag Outlook7/16 10:33AM Feeding the world population won't be as hard as expected over the next decade some experts forecast, so economists and lenders are bracing for a more muted farm economy over the next 10 years or more.
Center pivots are among the farm infrastructure destroyed in the Pilger, Neb., area following twin tornadoes that destroyed the town last week. Farmers across the Midwest have seen extensive damage from a rash of severe weather in recent weeks. (DTN photo by Todd Neeley)
Center Pivots Take a BeatingStorms Wreak Havoc on Nebraska Irrigation Systems7/8 11:31AM Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska alone, which is keeping center pivot manufacturers on their toes as they scramble to get the systems operating again.
Mon Jul 14, 2014 11:06 AM CDT Farmers have a lot of money invested in all aspects of their farming operations, but especially in machinery. Farmers need to watch closely what they spend on farm machinery as farm size as well as machinery size increases.
EPA Administrator Gina McCarthy addresses a crowd of more than 150 agribusiness members and other representatives Thursday during the Agricultural Business Council of Kansas City luncheon. McCarthy asked the agriculture industry to join EPA in making the Clean Water Act rule successful. (DTN photo by Todd Neeley)
Clearing the AirEPA Chief McCarthy Implores Ag for Help7/10 4:37PM EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency wants to clarify the proposed Clean Water Act rule.
Tue Jul 8, 2014 10:56 AM CDT EPA Administrator Gina McCarthy is scheduled to tour a farm and speak to agribusiness officials in Missouri this week as part of an outreach to the agriculture community on the agency's proposed Clean Water Act rule.
Thu Jul 3, 2014 09:21 AM CDT The first draft of a 50-year plan to conserve and preserve water resources in Kansas is out, and agriculture features heavily in its proposals.
The Veterinary Medicine Mobility Act awaits the President Barack Obama's signature, after passing the Senate unanimously in January and the House last week. (DTN/The Progressive Farmer photo)
No More Outlaw VetsNarrow Interpretation of Controlled Substances Act Changing7/21 4:00PM Veterinarians can start breathing a little easier now when they go to work, without the fear that they might be arrested for carrying controlled substances out of their clinics to treat sick or dying animals. The Veterinary Medicine Mobility Act has passed Congress and only needs President Barack Obama's signature to become law.
Mon Jul 21, 2014 04:02 PM CDT Feeding the world population won't be as hard as expected over the next decade some experts forecast, so economists and lenders are bracing for a more muted farm economy over the next 10 years or more.