Farmland Leasing & Value Meetings and Other Ag Economy Updates

The Center for Agricultural and Rural Development (CARD) has again conducted the 2018-19 land value and leasing surveys. Both results were earlier-announced and form the foundation for the annual ISU Extension and Outreach Land Leasing & Value meetings. This year, the local county ISU Extension and Outreach offices will be hosting a meeting in each of the 13 Northwest Iowa counties. Thanks to those of you who have attended in the past; we hope to see many of you this year, too!

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Latest USDA Monthly Commodity Price Report

The average price received by farmers for corn during June in Iowa was $3.95 per bushel according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was up 36 cents from the May price and 41 cents above June 2018.

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Two Trade Deals Take Center Stage This Week

The U.S. and China are trying to “reset” trade discussions after talks broke down back in May. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will hold face-to-face conversations with Chinese officials on Tuesday and Wednesday.

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