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The data also show that in most years, even those with slow starts due to persistent cold weather in April, 60 percent or more of corn acres were planted by May 10, which is within the optimal planting date window.
Ohio Farm Bureau spokesman Seth Teter said the rainy April slowed the central Ohio farming industry a bit but should cause no major problems. ‚ÄúPeople are waiting for the ground to dry out,‚ÄĚ he said. ‚ÄúOnce the temperature rises, the soil will dry out fast and furious. There will be plenty time to get crops planted.‚ÄĚ
According to the authors, the total volume of non-real estate farm loans in February was $8.1 billion more than in the same period in 2014. This was driven by increased borrowing for current operating expenses and livestock purchases.
The place is called Agritopia. It's a suburban neighborhood with more than 450 Craftsman-style homes that are built entirely around a working farm. Such communities have been dubbed "agrihoods."
The big operator cash rent bump is often twice the $50 to $75 margin you referenced. These players are losing millions at current commodity price levels