Several of the biggest agricultural companies in America are feeling a pinch to their bottom lines. Reuters says Archer-Daniels-Midland posted its lowest fourth-quarter profits in six years, thanks to weak oilseed crush margins and uncertainty over U.S. biofuel policy. ADM, based in Chicago, says it’s going to cut costs by $500 million to $750 million during the next three to …
Peanut Loan Program Working Well
Updated numbers indicate the peanut loan program is working well. Tyron Spearman has the story. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Smithfield CEO Confident in Growth, Downplays Industry Challenges
Smithfield Foods CEO Shane Smith expressed optimism about the company’s future as it returned to the public stock market more than a decade after being acquired by China’s WH Group. Smith emphasized the company’s growth outlook while downplaying concerns about potential labor shortages due to mass deportations and the continued impact of bird flu on the meat industry. Smith said …
Rural Mainstreet Economy Contracts Again
The January 2025 Rural Mainstreet Index fell below growth neutral for the 16th time in the past 17 months. For the eighth time in the past nine months, farmland prices took a tumble. On average, bank CEOs who responded to the monthly survey expect annual cash rents of $278 per acre of non-irrigated, non-pasture farmland. Farm equipment sales also dropped, …
Bird Flu Drives Egg Prices Up, No Relief in Sight
The cost of eggs in the United States has surged in recent months, largely due to the ongoing bird flu outbreak that has led to the culling of millions of chickens. Prices have more than doubled since the summer of 2023, and with the Easter season approaching, demand is expected to drive costs even higher. According to the U.S. Department …
Egg Prices are Soaring Due to Bird Flu
It’s been national news for quite some time now, but bird flu is forcing farmers to slaughter millions of chickens a month, pushing U.S. egg prices to more than double their cost in the summer of 2023. And it appears there may be no relief in sight, given the surge in demand as Easter approaches. The average price per dozen …
Fertilizer Tariff Concerns Loom as Spring Planting Approaches
Fertilizer markets are facing uncertainty due to ongoing tariff discussions. Farmers and industry experts are watching closely as potential price increases could impact critical inputs for the upcoming planting season. Josh Linville, a fertilizer market analyst, highlighted that supply chains are already tight, and the timing of the tariff decision complicates the situation. “Unfortunately, the timing of this could not …
Tracking Agricultural Commodities after One Month
Today, Mark Oppold takes time to review how certain agricultural commodities performed during the first month of trading in 2025. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Meat Institute Strategies to Reduce Meat Prices
The Meat Institute sent a letter to President Donald Trump to provide strategies to reduce burdensome regulations and address meat prices for consumers. The letter included a list of recommended actions for the administration to take, including rescinding the final rule under the Packers and Stockyards Act put in place in March 2024. “Despite a lack of legal authority and court …
Economic Forecast Calling for a Slowdown
A new economic forecast is calling for a slowdown. Tyron Spearman has more details. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024