Big Four Packers Hit with Another Lawsuit

Dan Agri-Business, Commodities, Economy

The four largest meatpackers were hit by a new price-fixing lawsuit from a group of small food distributors. The suit was filed on October 9 in the U.S. District Court in Northern Illinois, accusing the Packers of fixing prices for years. The plaintiffs say the price-fixing dates back to at least January 1, 2015, and includes Cargill, JBS, Tyson Foods, …

Feds Feed Families Program Milestone

Dan Agri-Business, Commodities, Economy, Funding, This Land of Ours

The Feds Feed Families Program reaches a food donation milestone. Gary Crawford has that coming up in today’s This Land of Ours report. “I wanted to come down from my office today, first of all, to thank everybody who’s participating in the campaign for a job well done,” said Agriculture Secretary Tom Vilsack. The campaign is the Feds Feed Families …

Looking Ahead at 2024 Crop Acreage

Dan Commodities, Corn, Economy, Field Crops, Soybeans, Wheat

While harvest of the 2023 crop is not quite over yet, some analysts are already predicting the 2024 acreage numbers. Mark Oppold runs through some of those. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

USDA Trims America’s Feed Grain Supplies

Dan Commodities, Corn, Economy, Wheat

USDA is forecasting October U.S. feed grain production at 396.6 million tons for the 2023-2024 marketing year, down 1.8 million tons on reduced corn and sorghum output. With lower beginning stocks partly offset by a slight bump in imports, the total feed grain supply is projected 4.1 million tons lower this month at 436 million. Reflecting a slight yield decrease …

Generic Vs. Brand Names in Groceries

Dan Commodities, Economy, This Land of Ours

What’s in a name? That depends when it comes to groceries. That’s coming up on This Land of Ours. https://www.shutterstock.com/image-photo/couple-shopping-groceries-supermarket-1606526392Most consumers appear to prefer brand-name beverages over generic or store-brand beverages. That’s according to the September 2023 Consumer Food Insights Report. The Purdue University College of Agriculture report further indicates that consumers make this choice even when presented with a …

2022 Potato Production Down 3 Percent

Dan Commodities, Economy, Specialty Crops, Vegetables

The U.S. Department of Agriculture (USDA) Economics, Statistics, and Market Information System recently released the 2022 Potato Summary. The report presents potato estimates of acreage, yield per acre, production, farm disposition, season average price, value, and utilization of sales, including processing for the 2022 season. All potato production in 2022 totaled 399 million hundred-weight, down three percent from the 2021 …