Items Tagged with 'USDA'

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average us farmland value 2006-20

USDA Reports Farmland Values Remained Stable in 2020

The value of farmland is an important economic indicator for the agricultural business because it represents most farmers’ highest valued asset. Steady or rising farmland values along with low interest rates have been positive trends for farmers, particularly in light of lower commodity prices in the past several years. Stable farmland prices have remained the one positive during these years of major challenges for U.S. farmers.
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USDA Reports 25% of Corn Harvested

According to data from the most recent crop progress report from USDA, one quarter of corn in the U.S. has been harvested, surpassing the 14% that was harvested this time last year and the 5 year average of 24%.
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USDA Reports Over Half of U.S. Corn Mature

According to the latest USDA Crop Progress report, 59% of corn was reported mature as of the week ended Sept. 20, 2020. This is more than double the 26% reported mature in the same week last year and the 5 year average of 49%.
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