Don’t forget to keep up with the latest news before you get busy planning your weekend!
Farm Management
When lending equipment or helping a neighbor, it’s critical farmers take a moment to consider safety as well as liability in case something does go wrong. Editor Madelyn Ostendorf discusses how to protect yourself when lending equipment to farmers.
Chelsea Dinterman, editor, writes about the ability of sensor technology to detect nitrogen characteristics early in the growing season. This would allow for more informed decisions regarding nitrogen side dressing, and ultimately improve environmental sustainability in agronomic system.
It is common to set goals for the new year at the beginning of each year. However, as Editor Natalinabausch points out, it can be overwhelming to think about making changes or doing more after a difficult couple of years. Planning can seem futile when there is so much uncertainty. Goal setting may look different in 2022, but it doesn’t have to be negative.
Money in the Industry
A USDA report revealed that 95% of U.S. farm sales to China were lost in 2018 or 2019, which was due to the Trump trade war.
According to the Kansas City Federal Reserve Bank: Banks made less money on non-realty loans in the fourth quarter of 2021 compared to the same period in 2020.
Source: Successful Farming
