Below you'll find a list of all posts that have been categorized as “Economy”
USDA Agriculture Department says we produced 3,590,000 tons of peanuts this past year. That’s an 11% increase over the previous year. Domestic use for domestic food is predicted to decrease this year about 1.6% so far. Peanuts for crush, that’s going into peanut oil, is up 22%. This could have been caused by some quality issues during the peanut harvest and some dry areas. Peanut …
Alabama Specialty Crop Producers are being encouraged by the Alabama Department of Agriculture and Industries to report damage caused by recent freeze events to their local FSA Offices. According to the department, “Initial reports from farmers indicate early-season fruit crops were among the hardest hit. Producers in several regions have reported significant losses to early varieties of peaches and plums, …
A farm wife from central Nebraska puts into perspective the help that’s coming to areas affected by the wildfires that continue. She did some math and says that a loaded semi can carry about 28 tons of hay, mostly alfalfa, and at today’s market prices that equals about $2,500 donation for each semi. Officials are trying to keep track of a count of how …
The American Soybean Association is calling for the Trump Administration to prioritize soybean exports in upcoming trade talks with China. The ASA called for these additional purchases of soybeans in a letter to the White House with the additional request of removing the remaining 10% retaliatory tariff on U.S. imports into China. ASA President Scott Metzger said, “Farmers continue to …
A group of agricultural organizations is asking for more help in the agricultural area as planting season begins in earnest all across America. The closure of the Strait of Hormuz has sent fuel and fertilizer prices skyrocketing and farmers are bothered being strained in a foreign farm economy that already had its back against the wall due to record inflation, trade uncertainty, rapidly declining …
Some major media outlets have reported that the labor strike at the greedy Colorado beef plant is going to reduce the amount of meat available to consumers. Bottom Line analysts say that’s simply not true. The strike at the plant, entering its fifth day now today, it is by the way the first strike at a U.S. meat packing facility in some 40 …
The U.S. Department of Agriculture has released the Beef and Pork production and pricing outlook for March. World Agricultural Outlook Board Chairman Mark Jekanowski explains, “Beef production, we lowered down to 25.8 billion pounds and this reduction is just based on recent slaughter data, seeing a little bit of a slowdown in the rate of slaughter, which isn’t too surprising given the …
Spring arrives on the calendar tomorrow, but it feels more like late summer in many areas of the country. Areas early week that were shoveling snow in the northern belt could be setting record highs tomorrow and Saturday. Sioux Falls, South Dakota, Minneapolis and Madison, Wisconsin all could set highs after snow earlier in the week. Agronomists say the warm weather should help no-melt …
The Agricultural Retailers Association has announced their public policy priorities for 2026. According to the ARA, these priorities are “designed to support America’s agricultural retailers, strengthen the nation’s food and input supply chains, and promote science-based, practical policy solutions that keep U.S. agriculture globally competitive.” ARA’s Senior Vice President of Public Policy Richard Gupton said,“ARA’s 2026 policy priorities are built to …
Grain and livestock futures remain weaker, though we think they’ll be more stable as we move toward Friday. A disappointing February soybean crush number only adds to uncertainty in the soybean complex, President Trump hinting that that March 31st meeting in Beijing could be delayed if China doesn’t help with security in the Strait of Hormuz. A delay in that meeting only delays a …
