Farmers and state officials in California are exploring ways to solve the nitrogen pollution problem that is impacting groundwater in much of the state. One option would require mandatory groundwater-monitoring wells on each farm, while another option would be to use less fertilizer. A small group of farmers discovered that it is possible to save money on fertilizer, cut back on water and reduce nitrates without sacrificing crop yield. Learn more.

The recession has affected many farmers with the rising costs of corn seed and fertilizer, yet many producers feel the industry has not been hit as hard as other industries. “A successful farmer has to be one of the best businessmen in the country,” said Jerry Davis, owner of Davis Farm Supplies. “A lot of people don’t think of farmers as businessmen, but those who do treat farming as a business are successful.” (Southeast Missourian) Read more.

Agricultural banks and lenders have performed well during the economic crisis; however, more farmers are having problems repaying loans due to unemployment in rural areas. “The increased unemployment in rural areas has certainly impacted debt repayment capacity of many farm borrowers,” said University of Illinois Economist Paul Ellinger. “Non-farm incomes are being jeopardized with the amount of unemployment in this area.” During testimony before a House Agriculture Committee hearing to discuss the 2012 Farm Bill, Ellinger suggested that loan amounts be increased for government farm credit programs to compensate for the increased cost of feed, rent and equipment. (USDA Radio Newsline).

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USDA released a new program today encouraging retired or retiring farm owners currently in the Conservation Reserve Program (CRP) to transition their land to beginning or socially disadvantaged farmers or ranchers. The Transition Incentives Program will provide an annual rental payment to retiring farmers for up to two additional years after the expiration of the CRP contract, if the land is not transitioned to a family member. Producers can sign up for the program beginning Monday, May 17. Learn more.  

Farm income is expected to rise 10 percent over last year’s numbers due to a strong market for hogs and cattle, according to USDA. The estimated $63 billion profit is short of the $80 billion seen in 2004 and $70 billion in 2005, but would still be the fifth most profitable year on record. (Des Moines Register). Read more.

Agriculture Secretary Tom Vilsack will host a national summit next month that will allow rural Americans the opportunity to share their vision for creating a more prosperous and promising future for rural America. The day-long event — which will be held at Jefferson College in Hillsboro, Mo. — will include plenary and breakout sessions to discuss job creation, improving infrastructure and encouraging innovation in renewable energy. Register for the event or learn more.