Federal Reserve

Federal Reserve Board Meets This Week

Dan Economy

The Federal Reserve Board meets this week. Mark Oppold looks at what the expectations are for their decision on interest rates. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

off-farm

Off-Farm Income Keeping Some Operations Afloat

Dan American Farm Bureau Federation (AFBF), Economy

For most U.S. farm households, income from off-farm jobs like teaching, driving a bus, or managing a bank branch helps keep an operation running.  In 2023, an American Farm Bureau Federation (AFBF) Market Intel Report says 23 percent of farm household income for farm families comes from farming itself, which means 77 percent of the income comes from other sources. In 2023, …

trade

Trade Update with China

Dan Agri-Business, Commodities, Economy, Labor and Immigration, Trade

We are hearing a lot of stories about the trade war currently underway with China. Mark Oppold has a look at what is being discussed by some about the situation. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

meat

Americans See Meat as Part of a Healthy Lifestyle

Dan Beef, Cattle, Economy, Marketing

Meat sales hit a record high of $104.6 billion in 2024. The pounds sold increased by 2.3 percent compared to 2023, and consumers, on average, purchase meat more than once per week. That keeps meat the largest fresh department in grocery stores.  The 20th annual Power of Meat Report says almost all (98 percent) American households purchase meat, and 73 …

cattle trade

Keeping an Eye on the Cattle Trade

Dan Beef, Cattle, Commodities, Economy, Marketing

Traders are keeping an eye on the cattle trade right now. Mark Oppold has a look at what has been transpiring and what expectation are. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

soybean processing plant

Archer Daniels Midland Closing SC Soybean Processing Plant

Dan Agri-Business, Economy, Soybeans

Archer Daniels Midland said it will permanently close its soybean processing plant in Kershaw, South Carolina, later this spring as part of its cost-cutting plan announced earlier this year, according to Reuters.  The Kershaw plant is the smallest of more than a dozen dedicated soy processing facilities operated by ADM in the U.S., with the capacity to crush 50K bushels …

cautious rebound

Cautious Rebound on Wall Street

Dan Commodities, Economy

It’s been a cautious rebound this week for Wall Street. Mark Oppold has been watching the slow upward movement. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024