Diesel and Labor Costs Drive Machinery Costs Higher
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.
Pork Processing Line Speeds May Resume Under Proposal
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.
Agriculture Today 10/18
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Mike Lung
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.
Soybean Exports Impressive While Cotton Hits Marketing-Year Low
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.
Southern Plains Agricultural Bankers Remain Optimistic About Future
“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.
Historically, Nothing Cures High Prices Like High Prices
If history repeats itself, then agriculture knows what lies ahead. The question is now, what will the industry do.
Agriculture Today 10/15
Your daily look at what’s impacting agriculture around the globe.
CoBank: Agricultural Uncertainty is Theme in Upcoming Days
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.
Increasing Export Taxes, Decreasing Wheat Production Hitting Russia
According to the Russian Ministry of Agriculture, wheat exports are down 12 percent from last year due to rising taxes.
FAPRI: Lower Crop Prices, Higher Beef in 2022
If projections from University of Missouri economists are correct, lower prices are coming for corn, soybeans, and hogs, but higher prices for cattle.
Agriculture Today 10/14
Your daily look at what’s impacting agriculture around the globe.
Labor Shortages and Supply Chain Constraints Still Present
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.
Supply Chain Disruptions Outweighing Coronavirus in Higher Prices
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.
Agribusiness Report: Todd Wilkinson
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.
Rural Solutions Expected to Reach Sustainable Aviation Commitments
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.
Agriculture Today 10/13
Your daily look at what’s impacting agriculture around the globe.
Shipping Container Issue Highlights Need to Address Infrastructure
As Congress and the White House continue to spar over what is and is not needed for infrastructure investments in the U.S., supply chain concerns continue to mount.
Agriculture Today 10/12
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Kody Bessent
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 Plains Cotton Growers CEO Kody Bessent.
USDA: Corn and Soybean Production Higher, Cotton Lower
USDA’s National Agricultural Statistics Service released their October Crop Production Report on Tuesday, based on conditions as of October 1, 2021. Researchers believe the harvest for corn and soybeans will be greater than last year’s production, while the final U.S. cotton crop is expected to be smaller.
Consumers Increasing Dairy Consumption for Third Consecutive Year
Got Milk? According to the latest data, the answer is simply… yes.
Agriculture Today 10/11
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Bob Maurer
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.
Agriculture Today 10/08
Your daily look at what’s impacting agriculture around the globe.
Chinese Purchases Well-Below Phase One Trade Commitments
Now with just four months left to go, it appears the Chinese will not be able to completely fulfill their commitments for buying U.S. agricultural goods as part of the Phase One agreement.
Agribusiness Report: Rep. Jim Baird
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 Rep. Jim Baird of Indiana.
U.S. Agricultural Exports Expected to Reach Record Highs
If nothing derails the train, U.S. agricultural exports are on track to reach an all-time high this fiscal year .
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 NCBA Vice President of Government Affairs Ethan Lane.
Agriculture Today 10/07
Your daily look at what’s impacting agriculture around the globe.
Cattle Industry Receives Mixed News From Texas A&M
As the cattle industry continues to struggle with a lack of transparency in trades, a reduction in processing capacity, and lopsided revenues for packers, Congress and USDA challenged the Agriculture and Food Policy Center at Texas A&M to find the causes for and potential solutions to the problems.
Agriculture Today 10/06
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Dave Salmonsen
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 Dave Salmonsen with the American Farm Bureau Federation.
Beef Exports Soaring on Record Demand from China
U.S. beef exports soared to another new value record in August, topping the $1 billion mark for the first time.
Agribusiness Report: PCG’s Mark Brown
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 Plains Cotton Growers Director of Field Services Mark Brown.
Agriculture Today 10/05
Your daily look at what’s impacting agriculture around the globe.
Vilsack Rolling Out New Climate-Smart Conservation Practices
Last week, Agriculture Secretary Tom Vilsack announced a comprehensive set of investments by USDA aimed at supporting drought resilience, animal disease prevention, market disruption relief, and updates for school nutrition programs.
U.S. Exports More Pork Than Beef and Poultry
It’s no surprise that exports are an important market outlet for U.S. pork production. But did you know that exports are even more important to the pork industry than they are to either the beef or poultry industries?
Agriculture Today 10/04
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Kurt Kovarik
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 Kurt Kovarik with the National Biodiesel Board.
USDA Allocating More Money to Strengthen Supply Chains
USDA is adding more money as incentives to start up or expand entities in the food supply chain, in an attempt to expand meat and poultry processing capacity.
Agriculture Today 10/01
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Chase Adams
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 Chase Adams with the American Sheep Industry Association.
Caprock Cattle Educational Series: Beef Quality Assurance Programs
Floyd and Hale County’s Texas A&M AgriLife Extension Agents are your hosts for a series of talks with experts for the 2021 Caprock Cattle Educational Series. This month’s guest is Dr. Jason Smith, Beef Cattle Specialist with Texas A&M AgriLife.
Agribusiness Report: Sen. Cindy Hyde-Smith
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. Cindy Hyde-Smith of Mississippi.
Agriculture Today 09/30
Your daily look at what’s impacting agriculture around the globe.
How Lambs Became Conversation Between Super-Power Leaders
How do two major world leaders at the United Nations end up talking about lambs?
Congress Passes Continuing Resolution and Avoids Government Shutdown
There will be no government shutdown, at least not until December after the Senate and House passed measures to keep the government open Thursday afternoon.
After Some Turbulent Years, Dicamba Regulations Universal Nationwide
Spray drift issues led to lawsuits a few years ago, as some producers of dicamba-tolerant crops were sued by other producers because of damage to their crops.
Agriculture Today 09/29
Your daily look at what’s impacting agriculture around the globe.