Agriculture Secretary Tom Vilsack on Thursday announced the next steps in the U.S. Department of Agriculture’s efforts to bolster U.S. agricultural trade, including the department’s planned trade missions for 2024 and the opening of a public comment period for the new Regional Agricultural Promotion Program (RAPP). “As I’ve often said, the key to trade is people’s presence and promotions, and …
Looking at the Energy Market
Energy markets are something traders are still watching as we near the end of another year. And as Mark Oppold reports, a holiday weekend approaching is another reason why.
Latest Inflation Report Mostly Good News for Food Shoppers
Food price inflation is continuing to abate. In today’s This Land Of Ours report, Sabrina Halvorson has Gary Crawford and USDA economist, Megan Sweitzer explain which food products have had decreases in consumer price reductions this past year, and about how much. Listen to USDA’s Gary Crawford’s This Land Of Ours program here.
Population Growth Seen in Rural America
USDA’s Rod Bain and economic researcher Jim Davis give us the USDA annual look at trends in rural America indicates a trend of increased overall rural population.
Additional Georgia Counties Designated as Primary Natural Disaster Areas
(GDA/Atlanta, GA/Nov. 16, 2023) — United States Department of Agriculture (USDA) Secretary Tom Vilsack has issued a natural disaster declaration for five counties located in Southwest and Northeast Georgia following a sustained period of drought, adding to the fifteen Northwest Georgia Counties already declared primary natural disaster areas in recent weeks. Impacted counties include Decatur, Early, Miller, Seminole, and Union, which have sustained eight or …
Various Factors Affecting the Gran Trade
Various factors are being looked at when it comes to both the corn and soybean trade right now. Mark Oppold runs through some of the things traders are watching.
Stock Market Chart Indicates a Negative Signal
While the stock market has enjoyed a nice run the past few trading sessions, Mark Oppold notes the chart is showing a negative signal.
Four Wheel Drive Tractor Sales Continued Growth Trend in October
Unit sales of four wheel drive ag tractors continued growing in the U.S. in October, making a strong opening of the final quarter of 2023. The latest data from the Association of Equipment Manufacturers (AEM) shows 4WD tractor sales in the U.S. grew year-over-year 12.6 percent, the only segment to see growth for the month. Year-to-date, 4WD tractor sales are up 36.2 percent, leading all segments in …
Cost of Thanksgiving Dinner Down Slightly from Record High in 2022
(AFBF/WASHINGTON/November 15, 2023) — Gathering around the table for a Thanksgiving dinner won’t take as much of a toll on your pocketbook this year compared to 2022, but the meal still reflects historically high costs. The American Farm Bureau Federation’s (AFBF) 38th annual survey provides a snapshot of the average cost of this year’s classic holiday feast for 10, which …
Peanut Count is Lower than Last Year at This Time
Peanuts are still coming in to buying points, but according to a story from Tyron Spearman, some wonder if there are really that many more yet to be harvested.