nppc

NPPC Second Quarter Economic Update

Dan Economy, Livestock, National Pork Producers Council (NPPC), Pork

The National Pork Producers Council (NPPC) released its second quarter pork industry economic update that provides a snapshot of top pork industry issues, current trends, and market conditions impacting pig farmers. Some of the key takeaways include: “The United States is a worldwide leader in pork production and a significant contributor to the U.S. economy,” shared Duane Stateler, NPPC vice president and …

farm credit

Farm Credit Reports on Ag Economy and Condition of Its System

Dan Economy

The Farm Credit Administration recently received a quarterly update on economic issues affecting agriculture as well as an update on the performance of the Farm Credit System through 2022. Inflation continues to be a core economic issue despite recent declines. Inflation has been driven, in part, by a tight labor market and rising production costs and consumer demand. The report …

equipment

Optimism in the Ag Equipment Market

Dan Agri-Business, Association of Equipment Manufacturers (AEM), Economy

While equipment manufacturers are still recovering from the pressures of the COVID-19 pandemic, they continue working toward a state of normalcy. Association of Equipment Manufacturers (AEM) Senior Vice President, Government and Industry Relations Kip Eideberg, says supply chain pressures and a lack of workforce retention have been ongoing struggles for the industry, and individual sectors are facing their own problems …

four wheel drive

Harvesters Continue Gains, Tractor Sales Stay near Average

Dan Association of Equipment Manufacturers (AEM), Economy

Combine harvester sales in the U.S. continue to grow while tractor unit sales stay close to their 5-year average according to the latest data from the Association of Equipment Manufacturers (AEM). Self-propelled combine sales grew 45 percent in March, but overall U.S. ag tractor unit sales continued to slide, despite gains in the 4WD segments, which were up 106 percent All other tractor …

cattle trade

Profit Tips for Cattle Producers

Dan Beef, Cattle, Economy

Cattle producers are always looking for ways to put more money into their pocket. Today, Southeast AgNet’s Will Jordan has a story looking at some ideas for better profits provided by Cattlefax.

traders

Busy Week for Investors

Dan Commodities, Economy

Will there be another interest rate hike by the Fed in May? That’s a question many traders are pondering right now, and thus Mark Oppold notes another reason why this is a busy week for many investors.