Will Economic Recession Be Part of 2023 Landscape?
DENVER, CO – The U.S. economy still has considerable momentum and is not currently on […]
CoBank
Consumers Should Expect Higher Meat Prices Into 2022
Prices paid by consumers for protein hit an all-time high in October and the trend is expected to continue into 2022 according to a new report from CoBank.
Consumer Demand Expected to Drive Global Economic Gains
A persistent pandemic, monetary tightening in the U.S., and slowing growth in China will present the most significant headwinds for the global economy in 2022.
Will Record-High Fertilizer Costs Affect 2022 Crop Acreage?
What is the one factor that may cause a shift in cropping decisions across the United States in 2022? According to CoBank’s Knowledge Exchange Division, it could be fertilizer prices.
More Trade Deals Needed to Maintain Protein Exports
As beef exports continue to approach all-time records in both volume and value this year, it reveals a two decade-long trend whereby U.S. animal protein exports, together, have tripled in value to nearly $21 billion per year.
Despite Record Meat Exports, U.S. in Precarious Position
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.
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.
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.
Cotton Prices Soar Amid Increasing Global Export Demand
Over the past week, U.S. cotton prices have soared to the life of contract highs amid increasing global demand, a general reopening of the economy, and production challenges in key growing areas.
Top Issue in 2021 Could Be Worker Shortages
From farm to supermarket, labor availability remains the biggest concern and continues to be a significant impediment to quick supply-side responses.
Farmer Cooperatives Enjoy Strong Spring, Next Year Questionable
Farm supply cooperatives enjoyed a strong spring as rising grain prices gave U.S. crop producers the confidence to increase input spend.
Uncertainty Set to Drive Volatility in Grain Markets
Volatility is expected to remain a key component of grain markets throughout the remainder of this year according to economists with CoBank.
Labor Challenges Leading Increase in Food Supply Automation
As many employers across the country continue to struggle with labor issues, primarily the lack of an available and willing workforce, those planning to return to some jobs in the future will find their positions gone.
Will Consumer Spending Steer Farm-Level Investments in 2021
The U.S. economy continues to outperform expectations as stimulus funds are fueling robust consumer spending.
Infrastructure Investment May Help Rural Areas, Boost GDP
The infrastructure package as detailed by the White House would have far-reaching impacts on rural industries.
Deflation in US Dollar Coincides With Export Demand
As commodity prices began to rally in 2020, it coincided with a rapid deflation in the U.S. Dollar, providing a major boost in exports
Strong Agronomic Spring Expected to Benefit Farmer Cooperatives
Barring additional weather shocks, this spring is set up to be a strong agronomic season according to a new report from CoBank’s Knowledge Exchange Division.
Falling Value of Dollar Helps Most Export Categories
The value of the U.S. dollar weakened substantially since last March and is expected to experience modest deflation in 2021.
Long Road to Rebuilding Restaurant Demand for Protein
For the animal protein industry, 2020 was the most volatile and for many, the most challenging year in history
New Year and New Administration Contributes to Optimism
According to a CoBank Knowledge Exchange Division Quarterly Update, 2021 has quickly altered the political and market landscape and optimism, particularly about the second half of the year, is rising.
Farm Suppliers and Cooperatives Looking for Favorable Year
A recent CoBank 2021 outlook report examines key factors that will shape agriculture and market sectors that serve rural communities throughout the U.S. this year.
Specialty Crop Industry Facing Uphill Battle This Winter
The CoBank 2021 outlook report examines key factors that will shape agriculture and market sectors that serve rural communities throughout the U.S. this year.
CoBank Outlines Ten Factors Shaping Agriculture in 2021
Even though the calendar no longer says 2020, the American economy continues to struggle.
Livestock Feeders Facing Higher Costs in New Year
The U.S. animal protein sector is expected to face a 12 percent increase in feed costs in 2021, which will mark the highest year-over-year inflation since 2011.
Agricultural and Rural Economies Weathering Coronavirus Storm
The coronavirus pandemic has now impacted all four quarters of 2020, and seemingly every aspect of life and business.
Chinese Cotton Purchases Lifting Market Out of Doldrums
China took the headlines in cotton as the standout overseas buyer for the quarter, helping lift cotton prices from the multi-year lows dredged in March and early April.
Despite Supply Chain Disruptions, Pork Production Climbing Back
Before April, few could imagine a supply chain shock where U.S. pork production could fall by nearly half yet climb back to above prior-year levels two months later.
CoBank Projects Domestic Beef Production Growth for 2020
After beef packing plant capacity fell to historic lows in late April, beef production and prices today have returned to pre-pandemic levels.
Despite Volatility in Grain Markets, Prices Moving Higher
Despite COVID-19, grain has been moving and basis has generally tightened since April with both positive and negative volatility depending on the month and specific grain.
Good News for Economic Recovery in Rural Areas
Over the past two decades, the U.S. rural economy has trailed the urban economy in just about every measurable category, including gross domestic product (GDP) and employment but that trend may be changing.