Below you'll find a list of all posts that have been categorized as “Economy”
The American Soybean Association is calling for the Trump Administration to prioritize soybean exports in upcoming trade talks with China. The ASA called for these additional purchases of soybeans in a letter to the White House with the additional request of removing the remaining 10% retaliatory tariff on U.S. imports into China. ASA President Scott Metzger said, “Farmers continue to …
A group of agricultural organizations is asking for more help in the agricultural area as planting season begins in earnest all across America. The closure of the Strait of Hormuz has sent fuel and fertilizer prices skyrocketing and farmers are bothered being strained in a foreign farm economy that already had its back against the wall due to record inflation, trade uncertainty, rapidly declining …
Some major media outlets have reported that the labor strike at the greedy Colorado beef plant is going to reduce the amount of meat available to consumers. Bottom Line analysts say that’s simply not true. The strike at the plant, entering its fifth day now today, it is by the way the first strike at a U.S. meat packing facility in some 40 …
The U.S. Department of Agriculture has released the Beef and Pork production and pricing outlook for March. World Agricultural Outlook Board Chairman Mark Jekanowski explains, “Beef production, we lowered down to 25.8 billion pounds and this reduction is just based on recent slaughter data, seeing a little bit of a slowdown in the rate of slaughter, which isn’t too surprising given the …
Spring arrives on the calendar tomorrow, but it feels more like late summer in many areas of the country. Areas early week that were shoveling snow in the northern belt could be setting record highs tomorrow and Saturday. Sioux Falls, South Dakota, Minneapolis and Madison, Wisconsin all could set highs after snow earlier in the week. Agronomists say the warm weather should help no-melt …
The Agricultural Retailers Association has announced their public policy priorities for 2026. According to the ARA, these priorities are “designed to support America’s agricultural retailers, strengthen the nation’s food and input supply chains, and promote science-based, practical policy solutions that keep U.S. agriculture globally competitive.” ARA’s Senior Vice President of Public Policy Richard Gupton said,“ARA’s 2026 policy priorities are built to …
Grain and livestock futures remain weaker, though we think they’ll be more stable as we move toward Friday. A disappointing February soybean crush number only adds to uncertainty in the soybean complex, President Trump hinting that that March 31st meeting in Beijing could be delayed if China doesn’t help with security in the Strait of Hormuz. A delay in that meeting only delays a …
USDA has released the Domestic and Global Cotton Supply and Demand Outlook for the month of March. World Agricultural Outlook Board Chair Mark Jekanowski explains, “Overall, pretty small changes in cotton both globally and domestically this month. We raised our production forecast for Brazil by 800,000 bales. That’s mainly based on data reported within the country. On the other hand, we lowered …
Checking on the peanut market this week. Good news for farmers. They do have something offered at buying points. Peanut buying points are reporting that peanut contracts are now available for the 26 peanut crop. Contracts were started out on runners at $415 per ton. The tonnage is not limited. Contract offers for Virginia type peanuts was $425. Some farmers of course need …
Labor issues at that JBS beef plant in Colorado plowed an otherwise positive beef trade in our review. Beef packer margins improving here last week. By the way, happy St. Patrick’s Day. The Irish and friends of Irish, heavy consumers of beef and various beverages as well. But spring coming up here at the end of the week, and that consumer demand we …
