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Federal Reserve Ag Credit Surveys- 2019 First Quarter Farm Economy Conditions

 

David Oppedahl, a Senior Business Economist at the Chicago Fed, explained in The AgLetter that, “District agricultural land values were the same in the first quarter of 2019 as in the first quarter of 2018, although they did move up 1 percent from the fourth quarter of 2018. Indiana and Iowa saw year-over-year decreases in farmland values, while Illinois and Wisconsin saw no changes.” [node:read-more:link]

After Standing Rock, protesting pipelines can get you a decade in prison and $100K in fines

Cherri Foytlin and her fellow protestors spent much of last summer suspended 35-feet in the air in “sky pods” tied to cypress trees. They were hoping to block the Bayou Bridge Pipeline from running through their part of Louisiana. At the time, Energy Transfer Partners was building the pipeline to move oil between Texas and St. James Parish in southern Louisiana, crisscrossing through the Atchafalaya Basin, one of the largest swamps in the country. [node:read-more:link]

Brewer’s eminent-domain bill sent to governor

Property owners would win the right to challenge land seizures for renewable energy projects in court with the Legislature’s unanimous passage Monday of state Sen. Tom Brewer’s 2019 priority bill. Lawmakers also would assert their authority to protect the Sandhills and other environmentally sensitive areas under Legislative Bill 155, which won 44-0 final approval.The measure, which now goes to Gov. [node:read-more:link]

Minnesota nonprofits using community solar to help veterans, families in need

Minnesota nonprofits are turning to community solar as a tool to fight poverty. Community solar typically involves households or businesses buying subscriptions to projects owned by a third-party developer. The power generated is credited to subscribers’ utility bills and generally reduces monthly payments.But the model comes with barriers such as credit score checks that can put it out of reach for some of those who have the most to potentially gain. Several Minnesota charities are experimenting with ways to spread the benefits. [node:read-more:link]

Facing Floods, Towns Call for New Controls on the Great Rivers

Alton, Ill., a tourist town on the edge of the Mississippi River, has been fighting floods about every eight months for the last six years. This week’s crest, which ranked No. 7 among the city’s 10 worst floods, forced the closure of the city’s riverboat casino, left its riverfront park underwater and closed portions of its downtown. Mayor Brant Walker said the 100-year floods that communities like his are seeing every two years underscore the need for an approach that tackles the problem across the entire river system. [node:read-more:link]

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