Without a deal, the U.S. will hit Canada with 50% tariffs on Wednesday, involving roughly $20 billion in products, including dairy, cement, clothing, wine, furniture, and even hockey sticks. The fight over dairy highlights the outsized role the sector continues to play in U.S.-Canada trade disputes.
Corn was rated 60% in good-to-excellent condition, and soybeans were rated 61% in good-to-excellent condition as of Sunday, Aug. 16. Winter wheat harvest reached 96% complete.
Midwest farmland values were flat year over year in the second quarter of 2026. But in real terms, when adjusted for inflation, values were down 3.7% from 2025 -- the largest real drop since 2016.
The Farm Credit Administration released the FCS Young, Beginning and Small Farmer Mission Performance report during its monthly meeting on Aug. 13, detailing lending and nonlending support of young, beginning and small farmers.
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Hot summer weather is driving drought conditions across the Plains and
Southwest, pushing pasture and range ratings to significantly worse than a year
ago. Iowa and Missouri remain bright spots, while Nebraska, Colorado and
Wyoming lead in poor conditions.
BPlains, South Pastures Lag Well Behind
Corn was rated 60% in good-to-excellent condition, and soybeans were rated
61% in good-to-excellent condition as of Sunday, Aug. 16. Winter wheat harvest
reached 96% complete.
BUSDA Weekly Crop Progress Report
Without a deal, the U.S. will hit Canada with 50% tariffs on Wednesday,
involving roughly $20 billion in products, including dairy, cement, clothing,
wine, furniture, and even hockey sticks. The fight over dairy highlights the
outsized role the sector continues to play in U.S.-Canada trade disputes.
BCanadian Dairy Policy Again Looms Large
An Idaho ranch accused of illegally altering wetlands and the Bruneau
River without Clean Water Act permits is nearing a settlement with the EPA.
BEPA, Idaho Ranch Edge Toward CWA Deal
Several factors, including high hay prices, western U.S. drought, the
U.S.-Mexico border reopening soon to cattle imports, and more consolidation in
the meat-packing sector as Tyson closes two more plants and intends to sell
another, means January's Cattle Inventory report may not show the growth some
expected.
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