During January’s Southeast Regional Fruit & Vegetable Conference in Savannah, Georgia, Daniel Tregeagle, an Extension economist with North Carolina State University, gave a presentation on economic and regulatory trends impacting citrus and specialty crop growers. MODEST MARKET GROWTH The biggest blip on the proverbial economic radar has been COVID-19 and its continuing effects. Tregeagle noted these impacts mostly will be transient, and the …
AEM Releases Year-End 2021 Equipment Sales Numbers
Nearly 360,000 total tractors and combines left dealer lots in 2021 in North America. U.S. and Canadian unit sales of ag tractors and combines finished 2021 with gains of more than ten percent in nearly every segment in both countries. The Association of Equipment Manufacturers (AEM) released the data last week showing U.S. total farm tractor sales gained 0.3 percent …
USDA to Measure Financial Well-Being of Farmers and Ranchers
The USDA National Agricultural Statistics Service (NASS) has started gathering information about farm economics and production practices from farmers and ranchers as the agency conducts the third and final phase of the 2021 Agricultural Resource Management Survey (ARMS). NASS will reach out to more than 30,000 ???????? producers nationwide through April, including nearly 4,100 producers in Alabama, Florida, Georgia and South …
Lower Beef Output, but Higher Steer Prices for 2022
The trends we saw in meat consumption and meat prices last year may continue here in 2022. And according to a story from Gary Crawford, cattle producers may get a little more money for their steers this year. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Farmer Sentiment Rises on Strengthening Current Financial Position
For only the second time since May, the Purdue University-CME Group Ag Economy Barometer rose in December. This month’s index climbed to 125, nine points higher than in November. The Index of Current Conditions and the Index of Future Expectations rose in December, attributable mostly to an improved perspective on current conditions in the agricultural sector. A more positive outlook …
New Competition Laws Announced at White House Event
An event at the White House Monday focused on competition in agriculture. The U.S. Department of Agriculture (USDA) and Department of Justice are working together to enforce federal competition laws that protect farmers, ranchers, and other ag producers from unfair and anticompetitive practices. AgNet Media’s Sabrina Halvorson has more. The new plan includes issuing new and stronger rules under the …
Record Prices for Sheep & Lamb
According to a report from the Livestock Marketing Information Center (LMIC), the sheep and lamb industry is shaping up to have a record setting year for prices in 2021. This is news that pleases the American Sheep Industry Association (ASI). Feeder lamb prices have tracked above 2020 levels every week this year except for one week back in March. In February, a record price was …
Farmer Input Costs Becoming a Big Factor in Plans for 2022
Many are wondering what 2022 will bring in terms of crop prices and input costs. According to a story from Gary Crawford, those rising input costs are becoming a major factor influencing plans for many producers as they prepare for next year. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, …
Beef Promotions through the Federation of State Beef Councils
The Federation of State Beef Councils represents a wide range of industry organizations and every segment of the beef industry. Chairman of the Federation, Clay Burtrum, told AgNet Media they partner with the Cattlemen’s Beef Board. And another big promotion for the Federation is the “Beef It’s What’s For Dinner 300” coming in February at the Daytona International Speedway. Burtrum says this will …
More Planting, More Uncertainty Ahead
The Wall Street Journal says farmers plan to plant more corn, soybeans, and wheat than last year, but they also face more uncertainty. The Journal says a banner year for grain prices has U.S. farmers planting even more commodities than they did last year. However, high fertilizer prices, forecasts for more weather challenges, and the threat of China slowing its …