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Below you'll find a list of all posts that have been categorized as “Economy”
Traders are digesting a big report as trading is about to wrap up another week. Mark Oppold looks at what they have ahead of them. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Food price inflation hits a milestone and it’s a good thing. That’s coming up on This Land of Ours There’s some good news for food shoppers in the latest Consumer Price Index report. Gary Crawford has more. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Agricultural and energy traders are busy tracking the remnants of Hurricane Francine and also waiting on today’s crop report. Mark Oppold has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
According to new data from the Association of Equipment Manufacturers (AEM), U.S. sales of 4-wheel-drive tractors increased 4.8% in August 2024 compared to the year before. Year-to-date sales are up 5.2%. But total U.S. agricultural tractor sales decreased 19.4% compared to 2023, while combine sales dropped 19.6%. “While the increase in 4-wheel-drive tractors is modest, it’s indicative of the industry’s resilience and …
Many traders have been busy scanning updated private crop surveys ahead of tomorrow’s report. Mark Oppold has more details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Farm production expenses may fall this year. USDA Chief Economist Seth Meyer has some key numbers from USDA’s 2024 Farm Income Forecast. Meyer said a downward trend is being found in livestock feed prices, fuel, pesticide and fertilizer expenses. While some expenses are up from last year overall there is a bit of an easing on some input prices. Sponsored ContentCIR …
While many are looking forward to lower interest rates, Mark Oppold reports the amount of the rate cut could mean different things. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Many traders are looking forward to the new crop update coming out later this week. Mark Oppold looks at what some are expecting. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
The University of Missouri’s Food and Agricultural Policy Research Institute (FAPRI) recently released its 2024 Baseline Update for U.S. Agricultural Markets. Increased supplies, a strong dollar, and several other factors have caused prices for multiple agricultural commodities to fall sharply from their 2022 peak levels. In the absence of new shocks to the weather, the macro-economy, or policy, projected prices …
There are some opposing views of the USDA’s September Net Farm Income Report. That’s coming up on This Land of Ours. Administrator of USDA’s Economic Research Service, Spiro Stafanou, says despite a forecast calling for lower farm incomes this year, the financial health of the farm sector is still strong. “It comes to the balance sheet for the ag sector. …
