USDA Releases Farm Sector Income Report

USDA’s Economic Research Service (ERS) released its annual Farm Sector Income Forecast Report for 2023 which shows lower net farm income this year. Ag Secretary Tom Vilsack says while net farm income will drop below the record high in 2022, it’s one of the best years on record for the overall farm sector at $151.1 billion. “In fact, net cash …

Potential Impact to Fertilizer Markets by Middle East Conflict

The conflict in the Middle East has several markets on edge, including fertilizers. Andy Jung, vice president of market and strategic analysis with Mosaic, is closely watching the situation between Israel and Hamas. “Well, the worst-case scenario is pretty easy to draw up. If there was a widening of the conflict, if Iran in particular were to get involved, and …

New Record for Peanut Butter Consumption

Peanut butter consumption has set a new record. As Tyron Spearman reports, per capita consumption this year is at 4.4 pounds, according to recent data from USDA and the U.S. Census Bureau. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2026FL Cattle Enhancement Board Wraps up Funding YearJune 30, 2026Florida Cattle Enhancement Board Awarded Researcher Discusses New World Screwworm OverviewJune 19, 2026Verdant …

Tracking Various Agricultural Commodities for the Year

Last week Mark Oppold talked about various agricultural commodities and how November was not a very friendly month for many of them. Today he looks at how they’ve performed so far this year. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2026FL Cattle Enhancement Board Wraps up Funding YearJune 30, 2026Florida Cattle Enhancement Board Awarded Researcher Discusses New World Screwworm OverviewJune 19, …

Optimism in Christmas Tree Industry

There’s optimism about the future of the Christmas tree industry. Gary Crawford has more coming up on This Land of Ours. Ten to fifteen years ago Christmas tree growers were worried about the long-term future of their industry. Today that worry is changing into optimism. It seems more and more people are telling us that they are done with artificial …

Farm Bureau Testifies at FMMO Hearing

Farm Bureau Chief Economist Roger Cryan testified on behalf of the group’s membership at the Federal Milk Marketing Order Pricing Formula hearing. His testimony underscored the need for updating Class 1 and Class 2 price differentials to bring fairness for farmers back into the Federal Milk Marketing Orders. Class 1 differentials are meant to incentivize the movement of milk to …

Peanuts in Storage Down Slightly

New numbers indicate the amount of peanuts in storage have dropped a bit. Tyron Spearman runs through the latest figures. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2026FL Cattle Enhancement Board Wraps up Funding YearJune 30, 2026Florida Cattle Enhancement Board Awarded Researcher Discusses New World Screwworm OverviewJune 19, 2026Verdant Robotics Offers Growers Targeted Application of Herbicides or Beneficials through SharpShooter™June 16, …

No Current ‘Spin-off’ Plans for Bayer

Rumors about a possible spin-off of Bayer’s crop sciences division were kicked up once again after an ag magazine printed an online article speculating on the topic. However, speaking at an expo in Fargo, North Dakota this week, a Bayer spokesperson set the record straight. “There were some ag trade media that published some stories on whether there was going …