Below you'll find a list of all posts that have been categorized as “Economy”
U.S. Meat Export Federation Applauds New Trade Agreements with ASEAN Nations The U.S. Trade Representative (USTR) has announced reciprocal trade agreements with Cambodia and Malaysia, along with new frameworks for agreements with Vietnam and Thailand — a move that could open significant new opportunities for American red meat exports. The U.S. Meat Export Federation (USMEF) is welcoming the announcement as …
Global Peanut Surplus Drives Down U.S. Peanut Prices Peanut farmers across the U.S. are watching prices fall this season as a global peanut surplus weighs heavily on the market. Many producers are reporting that only about half of their crop is selling at $500 per ton, while the rest is being placed into the loan program at $355 per ton …
Pork Industry Marks 40 Years of the Pork Checkoff As October Pork Month comes to a close, the National Pork Board and state pork associations are celebrating a milestone — the 40th anniversary of the Pork Checkoff. For four decades, the program has driven marketing, research, and education efforts to promote U.S. pork and support producers nationwide. Approved by pork …
U.S. Dairy Cow Numbers Reach Highest Level Since 1993 While recent agricultural headlines have focused on beef imports from Argentina, the U.S. dairy sector is experiencing a major development of its own — a significant increase in dairy cow numbers and record-breaking milk production. According to the USDA’s August Milk Production Report, there are now 9.52 million dairy cows in …
Climate Prediction Center: 70% Chance of La Niña Through January The Climate Prediction Center (CPC) reports a 70% probability of a La Niña weather pattern developing and continuing through December into January. Historically, La Niña has been associated with colder, snowier winters across the northern U.S. and cooler, drier conditions in the southern regions, including parts of the Southwest and …
The Civil War’s Wheat Boom During the Civil War, wheat became one of the most valuable crops in the United States. With soldiers and civilians alike needing bread and other staples, demand soared—and so did prices. Farmers across the Midwest and East quickly responded, planting more wheat than ever before. Fields that once held diverse crops were converted to wheat …
Over the weekend, U.S. Treasury Secretary Scott Bessent announced that China will be resuming their purchases of U.S. soybeans in an interview on CBS’s Face The Nation, saying “the soybean farmers will be extremely happy with this deal for this year and the coming years.” He also shared that, “The three leading suppliers are Brazil, Argentina and the United States, …
Peanut Farmers Regain Loan Access as Harvest Progresses but Prices Lag Last week was a significant one for U.S. peanut farmers, who finally regained access to their farm loan programs after weeks of disruption caused by the government shutdown. These loans are essential for farmers to secure financing for storage and operations. With access restored, peanut producers are filling up …
FedWatch Week and U.S.-China Trade Talks: Markets Brace for Rate Cut and Tough Negotiations This week marks a pivotal moment for both Wall Street and U.S. agriculture as FedWatch Week and U.S.-China Trade Talks overlap. Investors, traders, and policy analysts have been anticipating this period since the Federal Reserve Board meeting on September 16–17, and with no meeting scheduled for …
The US Department of Justice and the US Department of Agriculture have announced a Memorandum Of Understanding (MOU) to formalize their partnership in an effort to protect competition in agricultural markets. The markets that they are targeting through this MOU includes feed, fertilizer, fuel, seed, equipment and other essential goods. Assistant Attorney General Abigail Slater of the Justice Department’s Antitrust …
