Farmers

COVID-19 Losses Forecast at $10 Billion for Ethanol Industry

Posted on May 5, 2020 by Land Report Editors

The one-two punch of slashed production rates combined with a pandemic-related drop in demand could send US ethanol sales plummeting by a third for 2020, according to the Renewable Fuels Association. With 40 percent of every row of corn and…

Tagged with: ag, agriculture, corn, coronavirus, COVID-19, ethanol, farm, Farmers, Farming, Renewavle Fuels Association, sorghum
Posted in Agriculture, Cattle, Energy, Farming, Feature, News Desk

Corn Farmers Brace for Drop in Demand

Posted on April 8, 2020 by Land Report Editors

The coronavirus pandemic is resulting in lower demand for gasoline and negatively impacting demand for corn used for ethanol. According to Todd Hubbs at the University of Illinois, gasoline consumption could dip 15 to 20 percent in the coming months,…

Tagged with: corn, coronavirus, demand, ethanol, Farmers, gasoline
Posted in Agriculture, Energy, Farming, Feature, Great Plains, Illinois, Midwest, News Desk

Enrollment for CRP Open Until February 28

Posted on January 9, 2020 by Land Report Editors

Farmers and ranchers enrolled in the Conservation Reserve Program receive an annual rental payment upon planting long-term, resource-conserving species like improved grasses or trees. The goal is to mitigate soil erosion, bolster water quality, and develop wildlife habitats on marginally…

President Trump Touts Tax Cuts, Revised Estate Tax to Farmers

Posted on January 19, 2018 by Land Report Editors

A friendly audience welcomed President Trump to Nashville on earlier this month as he addressed the American Farm Bureau Federation. One major reason: The administration’s $1.5 trillion tax cut, which the president signed into law in December. A major overhaul…