value

U.S. Poultry Value of Production and Sales Down 13 Percent

Dan Economy, Poultry, USDA-NASS

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 …

quarterly earnings

Expecting Quarterly Earnings Reports

Dan Economy

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.

interest

Discussing Interest Rate Cuts

Dan Economy

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

Bracing for Lack of Interest Rate Changes

Dan Economy

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.

budget

Vilsack on Budget Priorities

Dan Agri-Business, Economy, Funding

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 …

inclement weather

USDA Reminds Agricultural Producers to Report Damage or Losses Following Inclement Weather

Dan Crop Insurance, Economy, USDA-FSA

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, …

sales

Large Tractor Sales Increase for Second Month in a Row

Dan Agri-Business, Association of Equipment Manufacturers (AEM), Economy

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 …