Below you'll find a list of all posts that have been categorized as “Economy”
Who buys peanuts from America? The number one buyer this past year from January through August of 2026, it shows China was the number one buyer. They bought 40% of all the peanuts that went out of the country. Amazing how much they use in making peanut oil. They bought 181,000 metric tons, almost 41% of the U.S. export. Mexico …
Farm machinery sales for new equipment remain the lowest in nearly a decade, but John Deere, for one, sees better days ahead. The Association of Equipment Manufacturers‘ latest data through September shows new tractor sales down 12.6% from a year ago, new combine sales down just short of 10%, but in spite of those numbers, John Deere reporting they plan …
Keeping an eye on the soy complex at midweek, the soy complex, in our view, doesn’t appear to have much of a chance to rebound. Fund traders still hold nearly 400,000 combined contracts in soybean, soybean oil, and soybean meal. And while they do see better demand ahead, the soy complex so closely tied to crude oil, we saw what …
Selling appears to have slowed in the corn trade for now, but the market lacks any catalysts in our view to encouraging buyers to step back in. Midterm election day, finally here, we can be thankful political campaign ads will be disappearing, but also thankful we have a right to cast our vote. Elsewhere, we are watching the corn trade …
10 months of trade for 2026 will be in the books after the close of business today, and we review our list of 58 commodities and how they’ve fared now, year to date. Energies, no surprise, continue to top our list. After 10 months, heating oil, gasoline, and crude oil rank number 1, 2, and 3. In fact, the highest …
Secretary of Agriculture Brooke Rollins has announced that USDA will make available eight billion dollars for one-time payments to farmers this harvest season. It’ll provide relief during temporary market disruptions and increased input costs. Producers of non-title commodities also will receive part of these funds. It’s called the eight-billion-dollar payment provided through the harvest fuel relief program authorized under the …
Americans are gearing up for Halloween in a big way. Bureau of Labor Statistics reports the price of candy up over 8% from last Halloween, more than double overall inflation. Yet despite that increase, the National Retail Federation estimates Americans will spend over four billion dollars handing out Halloween candy. In addition, one only needs to look around any neighborhood, …
The housing market continues to weaken as we head to the end of the year. September numbers are now out, and the National Association of Home Builders market index fell to its lowest level since June 2012. The index of prospective buyers fell to its lowest level since April of the same year. Regionally speaking the biggest decline came in …
Keeping an eye on this wheat market early week, December Chicago wheat no trouble crashing through a major 200-day moving average last week at the $6.50 level, moving for that $6.20. Some analysts say now $6 from late June is in play. December Chicago has been below $6.50, actually a lot more than above it the past year. Kansas City …
Because of the government shutdown, the peanut industry has not been able to secure their farm loan or to place peanuts in the loan to receive the minimum price of $3.55 per ton. Well, good news. Starting Thursday this week, USDA will resume Farm Service Agency core operations, including critical services for the farm loan processing, the ARC program, average …
