It was a disappointing week for U.S. commodity export sales, as USDA reported lower export sales for basically every major row-crop this past week. For the week ending October 21, 2021, actual exports were higher, week over week, for wheat and soybeans while it’s a marketing year low for cotton.
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 Secretary of Agriculture Tom Vilsack.
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The National Grain and Feed Association reports that the Food and Drug Administration issued its annual Pesticide Residue Monitoring Program Report for Fiscal Year 2019 last week and says the U.S. food supply is safe to eat.
Though many agricultural lenders have seen a decline in operating loans over the past year, demand for livestock loans is growing and in some cases, reaching all-time highs.
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 Jane Wells with CNBC.
For most major commodities prices remain above pre-pandemic levels, and farm income is expected to be higher than a year ago for the second consecutive year.
As many industries in the United States continue to navigate the choppy waters of supply-chain disruptions, there are two more waves of potential concern on the horizon.
The congestion at the West Coast ports continues, with massive numbers of shipping containers overrunning warehouses in the two busiest ports of the country that handle roughly 40 percent of all containers; Los Angeles and Long Beach.
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 Shawn Wade with Plains Cotton Growers.
Higher feed costs may contribute to slower meat production growth in the U.S. in 2022 and subsequent years. That’s just one prediction from the Food and Agriculture Policy Research Institute at the University of Missouri.
Your daily look at what’s impacting agriculture around the globe.
Since members of the Democratic party have been unable to agree on the levels of future spending by the federal government, there’s been no real action on either a Bipartisan Infrastructure Bill – which passed the Senate last month – or the budget reconciliation bill that the leadership has touted as human infrastructure.
Cattle and calves on feed for the slaughter market in the United States for feedlots with a capacity of 1,000 or more head totaled 11.6 million head on October 1, 2021, and down 1 percent from just one year earlier.
Pumpkins are a staple of fall traditions for many Americans who pick them, carve them into jack-o’-lanterns, or bake pumpkin desserts.
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 Bob Maurer with Manduca Trading in Chicago.
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Growing concerns over the effects of supply chain challenges have led the Ag CEO Council to ask the Biden administration to swiftly tackle issues causing higher prices and/or shortages for the ag sector.
USDA released their latest Weekly Export Sales report for the week ending October 14, 2021. Exports for the week were generally lower except for corn, soybeans, cotton, and meats.
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The House Agriculture Committee on Thursday favorably reported five bills out of Committee, four by voice vote. The bills now head to the floor of the House for consideration.
As U.S. beef exports set an all-time record in August, topping the $1 billion mark for the first time, economists have also been looking at the import market.
Twenty years ago, the Packers and Stockyards Division of the Agricultural Marketing Service implemented the Swine Contract Library in an effort to aid in the price discovery process and provide equal access to market information for all market participants.
A group of business leaders both in and out of agriculture are weighing in on a proposal in the Biden administration’s Build Back Better agenda, also known as the reconciliation bill.
Over the past few years, researchers at USDA, the University of Oregon, and the University of Wisconsin-Madison studied the cumulative effects of oil booms and subsequent busts on communities and found that the oil booms offered a monetary incentive to families.
On Monday, USDA’s Economic Research Service released its monthly Situation and Outlook Report for livestock.
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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 Sen. John Boozman, ranking member of the U.S. Senate Committee on Agriculture, Nutrition and Forestry.
During the global shutdown due to coronavirus, more Americans found themselves in the kitchen preparing meals. For U.S. wheat producers, this helped lead to higher prices and record demand for durum wheat.
While demand for U.S. meat and poultry continues to grow, there are a few headwinds facing the industry in the near future, according to a new report from CoBank’s Knowledge Exchange Division.
Last week the details of the most recent Federal Reserve’s Federal Open Market Committee meeting were released and although the meeting was held in late September, there are concerns that the Fed’s policy position may be wrong and that concern is actually echoed by a member of the FOMC, Michelle Bowman from Kansas.
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 Tanner Antonick, U.S. Sales Manager for Advanta Seeds
Your daily look at what’s impacting agriculture around the globe.
Last week, the global airline industry agreed to cut carbon emissions by converting all commercial planes to 100 percent sustainable aviation fuels (SAF) by 2050.
Every other year, University of Illinois ag economists update their projected costs of machinery, and for 2021 the costs would have been much higher had interest rates not been so low.
The National Pork Producers Council is reporting that USDA may allow harvesting line speeds at pork packing plants to increase, under a proposal being considered by the White House.
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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 Mike Lung with Allendale Brokerage.
Although exports have been strong this marketing year, sales and exports for cotton are lower after futures prices in New York hit their highest level in 10 years.
“This could be the best crop year we have had in several years,” exclaimed one banker in the 11th Federal Reserve District’s quarterly survey when asked about current conditions last month.
If history repeats itself, then agriculture knows what lies ahead. The question is now, what will the industry do.
Your daily look at what’s impacting agriculture around the globe.
Grain and oilseed prices have slipped from their third-quarter highs but may rebound due to short-term tight supplies and increasing demand for renewable biofuels.
According to the Russian Ministry of Agriculture, wheat exports are down 12 percent from last year due to rising taxes.
If projections from University of Missouri economists are correct, lower prices are coming for corn, soybeans, and hogs, but higher prices for cattle.
Your daily look at what’s impacting agriculture around the globe.
Inflation projections are increasing as supply chain constraints and labor shortages continue to weigh on the economy, that’s according to the seven members of the Board of Governors of the Federal Reserve System.
Concerns over demand-destruction due to the coronavirus pandemic and corresponding economic shutdown, are now giving way to worries over the global supply chain bottlenecks affecting almost every industry both in the United States and abroad.
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 NCBA Vice President Todd Wilkinson.
The Department of Energy recently announced a goal of at least 3 billion gallons of sustainable aviation fuel by the year 2030, with Secretary Jennifer Granholm saying she wanted to make sure that the airlines, industrial, and trucking sectors are decarbonized.
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