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Gov. Mike Braun signed an agreement with Taiwan’s Minister of Agriculture to secure more soybean and corn sales for Indiana farmers.
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Ag barometer shows farmers more optimistic about future, despite potential tariffs proposed by TrumpFarmers' positive sentiment towards the future spiked following the November election according to the latest Purdue University Ag Economy Barometer. That’s despite President-elect Donald Trump’s threats of tariffs that in the past have hurt farmers.
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Corn is projected to have record yields this year. But demand for ethanol has dropped, causing an oversupply of corn and prices to plummet.
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The start of the planting season looks much better than last year's wet spring, but grain prices have fallen during the coronavirus pandemic.
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The U.S. Department of Agriculture released updated numbers Monday showing farmers planted more acres this spring than many private analysts expected.
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A new U.S. Department of Agriculture report shows 67% percent of Indiana's expected corn crop is now planted.
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The latest U.S. Department of Agriculture report shows that this week started with just 31% of Indiana's expected corn crop planted.
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The planting delays mean some farmers are now weighing their options, including whether or not to plant corn, which takes longer to mature than soybeans.
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Of the 450 farmers surveyed around the state 72% said the effects of U.S. trade policies were putting their farm operations at risk.
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Farmers preparing for next year's market may see a bleak future, as 2019 doesn't forecast profitability at the moment.