According to a new report from the USDA National Agricultural Statistics Service (NASS), the combined value of production from broilers, eggs, turkeys, and the value of sales from chickens in 2023 here in the U.S. was $67.1 billion, which is down 13% from the $77.2 billion in 2022. Of the combined total, 64 percent was from broilers, 27 percent from eggs, 10 percent …
Expecting Quarterly Earnings Reports
A variety of quarterly earnings reports are expected to come out tomorrow. Mark Oppold has more on that, along with what issues major grain companies are facing.
Discussing Interest Rate Cuts
Traders continue to discuss when we may possibly see a cut in interest rates. As Mark Oppold reports, this can affect many aspects of the agricultural trade.
Bracing for Lack of Interest Rate Changes
Traders are bracing due to the lack of any interest rate changes by the Fed. Mark Oppold has more on that, along with a look at who all will be releasing quarterly earnings reports this week.
Vilsack on Budget Priorities
The Senate Ag Appropriations Committee held a hearing Tuesday to examine the President’s Fiscal Year 2025 Budget Request for the U.S. Department of Agriculture. Ag Secretary Tom Vilsack detailed several priorities for agriculture in the President’s budget request. “Clearly, we need to continue to look at ways in which we can focus on things like PFAS, HPAI and some of …
USDA Reminds Agricultural Producers to Report Damage or Losses Following Inclement Weather
During the spring time of the year we do see inclement weather conditions, something that has occurred quite a bit over the past few weeks across the country. Due to this, the USDA Farm Service Agency (FSA) wants to remind agricultural producers to report damage or losses following inclement weather. In a release, Georgia FSA State Executive Director Arthur Tripp, Jr. said, …
Possible Signs of Cows Being Held Back for Breeding
Some wonder when we will start seeing a building of cattle herds across the country. According to a report from Mark Oppold, there’s a possible indication that could be starting.
Watching Gold and Silver Prices
When it comes to the markets, two things we don’t talk a lot about are gold and silver. But according to Mark Oppold, traders are watching those prices closely right now.
Quarterly Earnings Reports Coming Out
It’s time once again for quarterly earnings reports. Mark Oppold looks at what some have experienced the past 3 months.
Large Tractor Sales Increase for Second Month in a Row
For the second straight month, unit sales of 100-plus horsepower ag tractors increased in the U.S. New data from the Association of Equipment Manufacturers (AEM) notes March sales jumped 3.2 percent compared to last year, following February’s increase of 2.8 percent compared to 2023. “Seeing the continued growth in 100-plus horsepower tractor sales is a welcome sight as 2024 progresses, despite the softness in …