THOUGHT PIECES

Hay growers across Washington have enjoyed a great year when it comes to growing conditions.  But unfortunately, the same can’t be said about the economic conditions growers are facing. 

Farmer sentiment continues to weaken.  The Purdue University/CME Group Ag Economy Barometer declined again in July, falling to 135, an 11-point month-over-month decline.

The USDA is out with its annual look at farmland values and cash rents.  USDA Chief Economist Seth Meyer said the latest numbers indicate a cooling in year over year growth.

The spring wheat crop continues to progress at a fairly normal clip.  According to NASS, 87% of the crop is headed nationwide, slightly behind the five-year average of 88%.  Locally, the Washington crop is completely headed while Idaho’s crop is at 99%.

The final July curtailment order for Snake River water rights has been issued.  Idaho Department of Water Resources has ordered junior groundwater users to join a mitigation plan or face curtailment.