Farm machinery interest at an all-time high, continues to squeeze profit margins

An ag economist says tighter margins have made it more difficult for farmers to pay off equipment debt.  David Widmar with Agricultural Economic Insights says farm machinery interest rates have hit an all-time high. “Almost $160 of interest expense is going to be accumulated over the life of a $1,000 worth of farm machinery debt,” he says. “If […]

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Cash dairy prices mostly higher entering holiday break

Cash dairy prices were mostly higher Wednesday heading into the Christmas holiday at the Chicago Mercantile Exchange.  Dry whey was up $0.01 at $0.7250.  No sales were recorded.  Forty-pound cheese blocks were up $0.0025 at