Below you'll find a list of all posts that have been categorized as “Economy”
It’s about planting time across the southeast, but a major problem for farmers, a three-month drought, has really got the farmers waiting to decide when to plant, how much to plant, and markets are changing. The war in Iran is creating some big issues, not only on the price of fertilizer, but on freight rates and fuel surcharges, and counting increases in energy costs …
A five-year review of countervailing duties on phosphate imports from Morocco and Russia is underway. Agri-Pulse reported that fertilizer producers Mosaic and Simplot say they’re in favor of keeping the duties in place. The tariffs range from 16.6 percent to over 47 percent, and have been in place since 2021 when Mosaic filed a countervailing duty case. The Commerce Department’s …
Talking about the peanut market, as farmers try to decide what to plant this year, cotton is improving and that could influence the amount of acreage on peanuts. They say it’s going to be down 14% on the first estimate. The market is extremely quiet in all parts of the world, especially in the southeast of the U.S. and parts of Virginia and …
The USDA Has released the latest Cattle on Feed Report and USDA Livestock Analyst Michael McConnell provides insights into beef supplies as we get closer to grilling season. McConnell said, “Overall our feedlot inventories remain about on par with where they were a year ago. Placements were actually up year over year during February, which that’s the first time that’s happened since …
The USDA has released the March Quarterly Hogs and Pig Report and USDA Livestock Analyst Michael McConnell shares the details from the report. McConnell said, “As of March 1st, an estimated 74.3 million hogs were in the United States. That was fractionally higher than March 1st a year ago. 5.89 million hogs were in the breeding herd, which is 1% lower …
The grain trade has had two days now to react to the acreage and stocks numbers from Tuesday. We expect a mostly quiet end to the trade today ahead of the Easter weekend. Looking at this grain trade, first weekly crop progress report of the season is next Monday afternoon, and with April showers, early fieldwork delayed, but rain is going to …
Last week during the White House Great American Agriculture Celebration, President Trump announced that the administration would be making changes to the Diesel Exhaust Fluid system through the U.S. Environmental Protection Agency. According to the Agency, these changes include removing the DEF sensor requirement for all diesel equipment and according to the U.S. Small Business Administration, this change will save …
A letter by 40 different groups, 44 to agricultural groups, have written President Trump asking for help as more problems are happening on the farm. The recent closure of the Strait of Hormuz and its impact on fertilizer costs and fuel prices have worsened the financial straits for farmers right during the middle of planting time poses significant consequences for the food supply chain …
We track 48 commodities on a daily basis at the Bottom Line Report. Grains, livestock, energies, financials, and more. Now with three months in the books as we begin the second quarter, our list showing that energy is clearly leading the way. Heating oil, crude oil, gasoline, and natural gas. One, two, three, and four on that list of 48. But right behind and …
Late last week, President Trump hosted farmers and ranchers at the White House to celebrate National Agriculture Day and Week. Joined by US Secretary of Agriculture Brooke Rollins, SBA Administrator Kelly Loeffler and EPA Administrator Lee Zeldin, President Trump Highlighted some of the efforts that the administration has undertaken, as well as plans for other items impacting agriculture. President Trump …
