Below you'll find a list of all posts that have been categorized as “Economy”
Peanut Industry Sends Relief to Texas Hill Country Peanut Proud, the humanitarian organization representing the U.S. peanut industry, has stepped up to support communities impacted by recent flooding in the Texas Hill Country. The group announced it has shipped 30,240 jars of its Peanut Proud peanut butter to the San Antonio Food Bank to assist those affected by last week’s …
U.S. Agriculture Secretary Brooke Rollins has announced the termination of the Regional Food Business Centers Program, a USDA initiative launched during the pandemic under the Biden Administration. The decision marks a major shift in how the agency plans to support regional food systems moving forward. Program Faced Operational and Funding Challenges The program, administered through the USDA’s Agricultural Marketing Service …
Corn Futures Hover Near Support Ahead of Harvest As the market approaches the end of the week, December corn futures are flirting with the $4.07 level. However, analysts point to $4.00 as a solid support point, with both domestic users and international importers prepared to purchase at any further price declines. The corn crop is now sufficiently close to harvest, …
U.S. Trade Relations at Risk as August 1 Deadline Looms Over the weekend, former President Donald Trump issued a sharp warning to two of the United States’ largest trading partners, threatening to impose a 30% tariff on imported goods from Mexico and the European Union starting August 1, 2025. The announcement has sparked international concern and raised tensions as ongoing …
Q2 Earnings: Financial Sector in Focus, Ag Impacts Ahead Second Quarter Earnings: Financial Institutions Take the Lead As second quarter corporate earnings reports continue to roll in, this week’s spotlight is firmly on major banks and financial institutions. Names such as JPMorgan Chase, Wells Fargo, Bank of America, and Goldman Sachs are scheduled to report their latest financial results. While …
August Crop Report Will Reflect Real Field Data, Not Just Models The upcoming August 12th USDA Crop Report is expected to carry significantly more weight than the July update, especially within the grain trade. According to agricultural broadcaster Mark Oppold, this report will be the first of the season to rely on actual in-field surveys rather than computer-generated models. Starting …
USDA/NASS Releases 2025 Crop Acreage Estimates The USDA’s National Agricultural Statistics Service (USDA/NASS) has released its latest estimates for the 2025 planted crop acreage. While farmers have until July 15 to report their final figures to the Farm Service Agency (FSA), current projections provide a clear picture of national planting trends. Peanuts Acreage Up 5.2% Peanut growers nationwide have expanded …
Weather and Trade Take Priority Over Latest Crop Report In this month’s bottom-line analysis, Mark Oppold of Southeast AgNet reports that the latest USDA Crop Report is shaping up to be a non-factor for markets. Instead, the agricultural spotlight shifts to two dominant forces: short-term weather forecasts and ongoing tariff uncertainties. According to Oppold, “Corn pollination peaks next week in …
Holiday Travel Highlights Rise of Agritourism According to recent estimates from AAA, over 72 million Americans traveled at least 50 miles during the recent holiday period. Of those, between 8 to 10 million travelers sought out agricultural destinations, highlighting the growing appeal of agritourism across the country. Agritourism Fuels Economic Growth Nationwide Agritourism has evolved into a vital sector of …
USA Peanut Congress 2025: Ag Economy Stable, But Challenges Remain At the recent USA Peanut Congress, agricultural economist Jeffrey Dorfman of North Carolina State University provided an in-depth look at the U.S. economic and agricultural outlook for the coming year. Dorfman highlighted that supply chains are mostly back to normal, giving the broader economy a solid footing. However, housing remains …
