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The real world of crop markets is reflected in the website Iowa Commodity Challenge, developed by Iowa State University Extension and Outreach and the Iowa Farm Bureau. Website users can explore how various tools work – without putting their actual money on the table.
Mediation is an option available to farmers as they work with their creditors to find a mutually beneficial solution to a delinquent secured agricultural debt of $20,000 or more. Iowa State University Extension and Outreach has partnered with Iowa Mediation Service to create a video providing information and tips to help farmers better understand the mediation process.
Iowa State University Extension and Outreach offers Farm Financial Planning, a program providing one-on-one financial support and advice to farmers. The Farm Financial Planning program was initiated in the 1980s in response to the farm crisis. It continues to be available to give Iowans confidence with stressful issues, legal questions and financial concerns.
Marketing grain by using basis contracts provides more flexibility in how farmers market their grain and profit from their crop.
As harvest approaches, Chad Hart, associate professor of economics at Iowa State University, urged Iowa farmers to watch their costs and be patient as they face a difficult market for corn and soybeans.
A breakdown of payments that may be available through the Market Facilitation Program is the focus of an Ag Decision Maker article titled “What can Iowa farmers expect from ARC/PLC and the Trade Assistance Package in 2018?” The article is written by extension economists Chad Hart and Alejandro Plastina, Iowa State University.
ISU Extension and Outreach economists will offer valuable insight on key factors impacting 2019 operating decisions at 12 Pro-Ag Outlook and Management Seminars to be held across the state in November and December. Each three-hour seminar includes information on grain price outlook and global factors to watch, livestock prices and margins, and farmland operating margins, outlook and trends.