Below you'll find a list of all posts that have been categorized as “Economy”
Roger McEowen, Professor of Agricultural Law and Taxation at Washburn University, spoke with us recently about laws surrounding H-2A workers and their effects on the agriculture industry. Here is what he shared. “You know, trends, it’s been up significantly for quite some time, but really ramped up in the past year or two,” McEowen commented. “So it’s indispensable for a …
USDA’s stocks and processing for peanuts has been announced with some new numbers lowering the number of peanuts that will go into the market this year because of a cut back in acres. There’s 5.4 billion pounds expected. That’s 2,709,000. That’s down 25 percent with a lower harvested area and offset by higher yield. The higher yield is about 200 …
We recently had the opportunity to sit down with Roger McEowen, Professor of Agricultural Law and Taxation at Washburn University. Professor McEowen discussed the recent hot topic of farmland fraud. “My article on that stemmed from a conversation I had with a rancher this past spring, and he just, I didn’t know him, but a lot of people know me, …
According to statistics provided by the American Farmland Trust, more than 40 percent of U.S. farmland will change hands at least once over the next 10 to 15 years. This means over 150 million acres will transition to new owners. No surprise, at the core of this major transition period is the aging of current landowners. That data also shows …
Well, you might say the grain trade is taking yesterday’s production numbers with a grain of salt. Already looking forward to this September report on the 11th. Yesterday’s report was based on farmer surveys. Surveys that were returned anyway, and satellite data. Now, in the coming weeks, private crop scouts and USDA teams will be heading to the fields and …
The August crop report released at noon today. Most attention on the corn trade. Corn has struggled since reaching highs in mid-July over the 490 level with extended hot, dry weather. Weather since then has been favorable and private estimates that are released keep the national average yield at or near USDA’s 183. In fact, StoneX just last week surprised …
After the farm bill failed to move forward, several agriculture industry representatives voiced their disappointment. One in particular is Rob Brenneman, the National Pork Producers Council’s president. In a statement released after the session, Brenneman said, “When Congress passes a new farm bill, it must include the ask of America’s 60,000-plus pork producers to finally stop the threat of a …
U.S. beef exports delivered more value in June despite shipping fewer pounds overseas, while pork exports felt the impact of temporary trade restrictions that have now been resolved. According to data released by USDA and compiled by the U.S. Meat Export Federation, June beef exports totaled nearly 89,000 metric tons, down 6% from a year ago. Even so, export value …
Wall Street, ending the first week of August near or in record territory. Stocks have rallied as companies continue piling up profits and oil prices continue to ease. Despite worries about higher inflation, Iran, Russia, Ukraine, Wall Street is setting records. Stock prices tend to follow the path of corporate earnings over the long term. Interestingly, one of the companies …
With the Farm Bill 2.0 being under review, we sat down with NCBA’s CEO, Colin Woodall, to discuss mandatory country-of-origin labeling. “So NCBA has long-standing policy against mandatory country of origin labeling, and this is an issue that has been divisive within the industry for many years now. NCBA’s policy process is focused on the members of the association, and …
