One Cracked Bridge Delays Shipments, Highlighting Infrastructure Importance
A Texas A&M Economist is warning a crack on an interstate bridge could lead to a serious fracture in the overall commodity supply chain.
Month: May 2021
President Uncorks Bottle on $6 Trillion Spending Spree
President Joe Biden delivered his 2022 budget proposal to Congress on Friday, with a $6 trillion spending plan focused on double-digit increases for every department in the federal government.
Agriculture Today 5/28
Your daily look at what’s impacting agriculture around the globe.
White House and Senate Republicans Continue Infrastructure Dance
An ongoing debate on both Capitol Hill and at 1600 Pennsylvania is pitting President Biden against Senate Republicans in a battle to define what infrastructure is and what investment needs to be made.
Agribusiness Report: Kaitlynn Glover
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Kaitlynn Glover, Executive Director of Natural Resources with the National Cattlemen’s Beef Association.
Growing Cotton 5/24- 5/28
Growing Cotton for week of May 24, 2021
American Cattle News 5/24- 5/28
American Cattle News for week of May 24, 2021
How Much Does a Farmer Make? Hearty Meal
How much does the farmer make? You might be surprised to learn that the farmer receives less than 10 percent of the profit on one pound of boneless ham at the grocery store.
Thune Urges Senate Judiciary Hearing on Cattle Markets
As cattlemen and industry representatives become exhausted with the disconnect between prices paid to sellers and record profits for meat packers, one senator has called on the Senate Judiciary Committee to hold a hearing on the possible improper and anti-competitive activity in the cattle market.
Agribusiness Report: Jared Bernstein
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Dr. Jared Bernstein, White House Council of Economic Advisors member.
Agriculture Today 5/27
Your daily look at what’s impacting agriculture around the globe.
Despite Overwhelming Voluntary Support, Praire Chicken Now Listed
For over ten years, farmers, ranchers and landowners across the southern High Plains have been working on a voluntary basis to enhance the habit for the lesser prairie-chicken while improving the long-term sustainability of the operations.
How Much Does a Farmer Make? Salad Items
How much does the farmer make? According to the National Farmers Union, a farmer makes 7 percent of the profit from a pound of lettuce.
Agribusiness Report: Esther George
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Esther George, President & CEO of the Federal Reserve Bank of Kansas City.
Agriculture Today 5/26
Your daily look at what’s impacting agriculture around the globe.
Coalition Argues Goals Are Met for Endangered Species
A coalition of ag and forestry groups have filed motions in defense of the recent rule from the U.S. Fish and Wildlife Service that aims at delisting the gray wolf under the Endangered Species Act.
Pork Producers Call on USDA to Help Industry
Pork producers are waiting to see if USDA can assist the industry after a recent federal district court ruled that the 20-year-old New Swine Inspection System should not be implemented in the next few weeks.
Agribusiness Report: Steve Verett
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Steve Verett, CEO of Plains Cotton Growers.
Agriculture Today 5/25
Your daily look at what’s impacting agriculture around the globe.
Farmers’ Working Capital Expected to Dip in 2021
The Economic Research Service forecasts farm sector working capital will likely face the largest decline in five years in 2021.
Ag Credit Conditions Improving, Though Slowly for Cattlemen
After a sharp rebound at the end of 2020, conditions in the broad agricultural economy continued to improve alongside additional increases in crop prices.
Normally Bearish Cattle On Feed Tempered By Expectations
Last Friday’s Cattle on Feed report is considered relatively neutral to bearish due to higher-than-expected placements.
Agriculture Today 5/24
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Andy LaVigne
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Andy LaVigne, President & CEO of the American Seed Trade Association.
U.S., Mexico, and Canada Trade Officials Meet Virtually
The United States played virtual host early in the week to trade officials from Canada and Mexico during the first meeting of the USMCA Free Trade Commission.
CFAP Applications Continue to Be Accepted by USDA
To date, USDA has approved almost 907,000 applications totaling more than $13.6 billion.
United States Cattle on Feed Up 5 Percent
Cattle and calves on feed for the slaughter market are seeing the second-highest May 1 inventory since 1996.
Agribusiness Report: NCBA’s Ethan Lane
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Ethan Lane, National Cattlemen’s Beef Association VP of Government Affairs.
Agriculture Today 5/21
Your daily look at what’s impacting agriculture around the globe.
Growing Cotton 5/17- 5/21
Growing Cotton for week of May 17, 2021
American Cattle News 5/17 – 5/21
American Cattle News for week of May 17, 2021
Farmers and Ranchers Receiving More of Food Dollar
In 2019, restaurants and other eating places claimed 38.5 cents of the average U.S. food dollar, continuing a steady 10-year climb since 2009.
Agriculture Today 5/20
Your daily look at what’s impacting agriculture around the globe.
Declines in Meat Consumption Highlight Challenge for Corn
One of the largest customers for U.S. corn is the livestock feeding industry, accounting for 40 percent of all purchases while the industry gobbles up more than 60 percent of domestic soybean production.
Some Public Policy Decisions Forego Science for Emotion
Sometimes we think we know the right thing to do based on assumptions, but the decision to pull whole milk from public schools a decade ago is “a perfect example of misguided public policy based on bad science”.
Agribusiness Report: Rep. G.T. Thompson
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is the ranking member of the House Ag Committee, Rep. G.T. Thompson.
Government Projects Banner Year for Net Farm Income
Last year proved to be an interesting year for many reasons, but according to the Economic Research Service, 2020 may be remembered for being the year agriculture broke out of the recession to the industry had suffered through for almost a decade.
Agriculture Today 5/19
Your daily look at what’s impacting agriculture around the globe.
Agriculture Included in Biden Administration’s 30×30 Conservation Plan
A report issued last week outlines details behind the Biden administration’s approach to conserving 30 percent of the nation’s land and water by the year 2030.
House Members Bring Constituent Concerns to Agriculture Leaders
House Agriculture Committee Chairman David Scott (D-GA) and Ranking Member G.T. Thompson (R-PA) hosted a Member Day hearing on Tuesday to hear from any member of Congress who wanted to speak.
Agribusiness Report: Darren Anderson
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Darren Anderson, Vive Crop Protection CEO.
Agriculture Today 5/18
Your daily look at what’s impacting agriculture around the globe.
Agricultural Exports Responsible for $300 Billion to Economy
How important are exports for U.S. agriculture? According to the Economic Research Service, ag exports add $302 billion in economic output every year.
Top Trade Negotiator Provides Glimpse of Administration’s Focus
Turning the page on “erratic trade policy” appears to be the main goal for the Biden administration’s trade policy according to U.S. Trade Ambassador Katherine Tai.
Trade Groups Discuss Challenges in Marketing Finished Cattle
The meeting, hosted by the Livestock Marketing Association, found an open and candid discussion on packer concentration, capacity, and oversight.
Odds Favoring Lower Corn and Soybean Prices Ahead
Agricultural economists at the University of Illinois are trying to determine the potential for lower harvest time prices on corn and soybean futures contracts.
Agribusiness Report: Richard Gupton
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Richard Gupton with the Agricultural Retailers Association.
Agriculture Today 5/17
Your daily look at what’s impacting agriculture around the globe.
Agriculture Concerned by Trucking Industry’s Severe Driver Shortage
For the trucking industry, too few drivers is not a problem that can easily be solved with automation or even higher pay.
Vilsack Confirms Stepped-Up Basis for Family Farms Safe
Despite concerns being raised by some commodity groups and agricultural reporters, President Biden’s tax plan, to pay for his infrastructure bill, will not eliminate the stepped-up basis for farms and ranches.