IAG Blog Archives:

October 11, 2018 | |

How High Tech Farming Is Impacting Neighboring Small Towns

Back in 1925, farming was how nearly a third of the country made its living. If you weren’t a farmer, chances were good you knew somebody who was. 

Now, not even 2% of Americans work directly in agriculture. There are a number of reasons for this.

But one of the biggest players is “smart” or high-tech farming and how it’s changed the face of the industry… right along with everyone connected with it.

 

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October 4, 2018 | |

Are Perennial Varieties of Conventional Crops Viable?

Back in the early 1980s, a group of visionaries began pursuing what many considered a rather labor-intensive endeavor. They began working with wild plants to create perennial varieties of crops such as wheat, legumes or sorghum. 

This led to the bigger question:

 

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September 25, 2018 | |

US Farmer About To Find Out About Life In Tariffville

The US soybean producer is about to have its first major test of life in Tariffville. Short-term prices will be impacted significantly by weekly export shipments and sales. Typically soybean export shipments peak in Oct and Nov. In the chart above, week 60 on the X axis is Oct 15th. In prior years China was the major recipient, generally taking about 2/3rds of the shipments. Current sales bookings are 16 MMT, 1 MMT less than last year. It's likely the 2018/19 shipment line will be flatter than prior years as sales go to non-Chinese destinations, but the US needs to make hay while the discounts to South American beans are the greatest - that is now. A peak weekly pace of 2 MMT is our goal to support current prices.

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September 21, 2018 | |

How Is Smart Farming Reshaping Agriculture?

There’s no doubt that demands on agriculture are increasing. With the world population continually growing, farmers are faced with the challenges of producing more food without clearing forests or polluting the land and water.

For existing farms to meet these demands, they have to produce more crops. 

And smart farming techniques that include things like GPS-guided drones, high-tech equipment, smart algorithms and genetic engineering are proving hugely beneficial.

 

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