YOUR TRUSTED AGRICULTURE SOURCE IN THE CAROLINAS SINCE 1974

Early 2025 Uncertainty in the Farmland Market

Early 2025 Uncertainty in the Farmland Market

Jan 21, 2025 | 2:48am
Where is the farmland market headed early in the new year? Dr. Bruce Sherrick, a professor of farmland economics at the University of Illinois, says a lot of people are interested in that information. “It’s something that everybody’s fascinated by right now because we came out of a period for the last three years with […]
Myth-Busting Social Security

Myth-Busting Social Security

Jan 20, 2025 | 12:27am
Is Social Security going broke? That’s one of several myths out there about Social Security. Sean Voskuhl, AARP State Director in Oklahoma, says nothing could be further from the truth. “Social Security will not run out of money, as long as workers and employers continue to pay payroll taxes. It’s a pay-as-you-go system, but it […]
Heavy snow and frigid Arctic blast put 70 million across the U.S. under winter storm warnings

Heavy snow and frigid Arctic blast put 70 million across the U.S. under winter storm warnings

Jan 19, 2025 | 12:42pm
BOSTON (AP) — Heavy snow is expected to blanket large portions of the Eastern U.S. while much of the country will endure dangerously cold temperatures in the coming days. Winter storm warnings issued by the National Weather Service are already in effect for parts of the Mid-Atlantic and will begin Sunday afternoon in New England. Up to a half-foot of snow is expected in areas from Maryland to Maine. That will be followed a blast of frigid air forecasted for the Rockies and Northern Plains into New England. The Gulf Coast and Southeast could see an unusual wintry mix of snow, sleet and freezing rain starting Monday in Texas.
Brooks Schaffer Market Report for Friday January 17

Brooks Schaffer Market Report for Friday January 17

Jan 17, 2025 | 3:30am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Corn and soybeans were able to find follow through strength for most of the week until Thursday. On Thursday, weakness in the soybeans was a drag on everything. There has not been a noticeable shift in the […]
More Snow Coming??

More Snow Coming??

Jan 17, 2025 | 3:24am
The big weather item on most people’s minds is still the snow that we had last weekend, and it had been a long time in coming. Let’s get some details from Corey Davis, Assistant State Climatologist for North Carolina. And wow, it had been, what, almost what, 1100, 1200 days, or some, some crazy number […]
Highlights from USDA January Reports

Highlights from USDA January Reports

Jan 16, 2025 | 9:21am
In January, usually the busiest of months on the USDA report calendar as associated with the first crop production report day of the year. Only the focus is traditionally not on the monthly crop production forecast, but on a series of reports, including the annual year-end look at fall harvested crop production. “We’ll start off […]
Rule Change Levels the Playing Field for Poultry Producers

Rule Change Levels the Playing Field for Poultry Producers

Jan 16, 2025 | 3:17am
The U.S. Department of Agriculture announced a third installment in regulatory reforms to the Packers and Stockyards Act. Ag Secretary Tom Vilsack says this third change, in combination with the others, is intended to level the playing field for farmers raising livestock under contract or for sale to meat and poultry processing companies. “We announced […]
Foreign-Owned Ag Land Increases 1.6 million Acres in One Year

Foreign-Owned Ag Land Increases 1.6 million Acres in One Year

Jan 16, 2025 | 1:29am
Foreign ownership of U.S. agricultural land remains a widely debated topic. Two additional years of data from 2022 and 2023 became available recently, and Danny Munch, an economist with the American Farm Bureau Federation, says only a small portion of that land is held by adversarial nations. “Foreign ownership of U.S. ag land increased by […]
January WASDE is a Market Mover

January WASDE is a Market Mover

Jan 15, 2025 | 1:25pm
Many estimates for the January WASDE said that it would likely be a rather uneventful report, but the USDA loves to prove us wrong, and they did that by making cuts to both the corn and soybean numbers, while leaving the South American crop unchanged. Allendale commodity broker Greg McBride said this news is very […]