Hoosier Farmers Say 'This One is Extreme'

Posted: Updated:

Battling severe weather and uncertain market conditions is nothing new for farmers, who will tell you it comes with the territory.  But this year’s weather, wet in the spring and now very dry in some parts of the state, is wreaking havoc on the state’s farm economy.  Indiana Governor Eric Holcomb has requested federal disaster assistance for 88 of the state’s 92 counties.  Boone County farmer Don Lamb says for the first time ever, 120 acres on his family farm went unplanted this year.  “Boone County, I would guess, may have 20 or 30,000 acres not planted and that is incredible,” said Lamb.  “It’s one thing to say we’re having a tough year, but this one is pretty extreme.”   

In an interview on this weekend’s edition of Inside INdiana Business with Gerry Dick, Lamb said the entire agriculture ecosystem is affected.

Nationally, the United States Department of Agriculture says soybean planting is at its lowest level since 2013.   In Indiana, it is estimated that 650,000 fewer acres of soybeans were planted this year, compared to 2018.

Lamb says the impact is far reaching.

“This is really affecting the whole industry,” said Lamb.  “We need a healthy industry, we need the input suppliers to be healthy, we need our markets to be healthy.  A year like this affects everybody and it’s not just the farmers taking the brunt.”

  • Perspectives

    • Want A Guaranteed Negative Return?

      Here we go again! On Wednesday, August 14th, we watched the Dow Jones Industrial Average (DJIA) drop over 800 points.  The previous Monday the Dow ended down over 700 points. But what you may have missed is the sharp downward move in interest rates that has intensified with the recent stock market volatility. What does this mean for your portfolio?



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • Forbes Ranks Top Colleges; 3 Indiana Schools Make the Cut

      Forbes released its 12th annual ranking of America’s Top Colleges based on direct benefits a university or college provides its students. Several Indiana universities made the list in some “sub-categories”, like Grateful Graduates Index, but the University of Notre Dame was the only school in the state to break the top 20 overall rankings.

    • ‘Transformation’ Continues in Westfield

      Indiana’s fastest growing city is showing no signs of slowing down.  Mayor Andy Cook says now that Westfield has established itself as a destination for family sports with the Grand Park Sports Campus, the $35 million Grand Junction Plaza will transform the city’s downtown into a destination, a place “where people want to be.”   Cook says the project, more than a decade in the making, is an example of a place making strategy necessary for Midwest...
    • (courtesy Wes Mills)

      Purdue: Farmland Values Decline Fifth Straight Year

      The value of top-quality farmland in Indiana continues to decline following a five-year trend, according to the latest data from Purdue University.  The statewide average of the best cropland is $8,212 per acre, down more than five percent ($456 per acre) from the same period last year. Purdue’s survey shows average and poor-quality farmland values also dropped, but not as much. Average quality farmland declined by 0.9 percent. Purdue says the poor-quality farmland...

    • Caito Foods was founded in 1965.

      Caito Foods to Cut Jobs

      Michigan-based SpartanNash (Nasdaq: SPTN) has decided to discontinue the Indianapolis-based Caito Fresh Kitchen operations. The grocery retailer-distributor acquired Caito Foods Service in January 2017 for $217 million. The company broke ground on its $32 million fresh kitchen process facility in 2015. 

    • (photo courtesy The Times of Northwest Indiana)

      Hammond Pulls 135 Jobs from Illinois

      A Hammond factory recently vacated by Michigan-based Lear Corp. didn’t sit empty for very long. Midland Metal Products has taken over the former seat factory, having relocated from Chicago after 95 years.