grain

Bruce Guenter/Flickr

Soybean, corn and wheat farmers in the upper Midwest lost about $570 million last winter, thanks mostly to transportation tie-ups.

Grain Glut Could Hurt Rural Economies

Jan 15, 2015
Grant Gerlock/Harvest Public Media file photo

American farmers grew more corn and soybeans in 2014 than ever before, according to the U.S. Department of Agriculture’s latest crop production report.

Grain Elevator Failure Prompts Talk of Safety Net

Aug 25, 2014
Bill Kelly/NET News

 

In Nebraska, farmers say they’re left with about $9 million in unpaid claims when a grain elevator failed in the town of Pierce. It looks as if farmers’ losses could eventually top $4 million.

Without a financial safety net to depend on, farmers are watching this case in eastern Nebraska. They’re looking for lessons in order to avoid another massive financial wreckage in the future.

Amy Mayer/IPR

On a frigid winter day , Chad Hart tries to warm his economics students at Iowa State University to the idea of managing some of the risk of farming using the commodity markets. Because as he told them on the first day of class, farmers don’t make money planting or harvesting crops; they make money selling them. And Hart knows that marketing—managing those sales for the best profit—can be intimidating.

Amy Mayer/IPR

New food safety regulations are about to be announced by the Food and Drug Administration and they apply to commodity grains.