The American Bankers Association and the Federal Agricultural Mortgage Corporation released their most recent survey of agricultural lenders. The good news is that the lenders expect 80 percent of their borrowers to show a profit in 2021. Looking ahead to next year, the lenders expect that 70 percent of their borrowers will remain profitable through 2022. The report says the …
U.S. Peanut Export Market is Down
New numbers show U.S. peanut exports are down. Tyron Spearman explains why. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
A Slowdown in Milk Production as Margins Shrink
How are milk producers responding to a squeeze on margins? A new report from USDA has the answer. Gary Crawford has more details. Mark Jekanowski, USDA Outlook Board Chairman, talks about projected trends in dairy product prices. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Thanksgiving Dinner Costing More
While last year’s cost of a Thanksgiving Day dinner was the lowest it had been since 2010, this year is a bit different. Americans, for the most part, are spending a bit more at the grocery store this year on turkeys and all the sides. According to a survey conducted earlier this month by the American Farm Bureau Federation (AFBF), Thanksgiving dinner costs …
USDA Investing $32 Million to Strengthen U.S. Food Supply Chain
The U.S. Department of Agriculture (USDA) announced Monday they will be investing $32 million in grants through awards to 167 meat and poultry slaughter and processing facilities to support expanded capacity and efficiency through the Meat and Poultry Inspection Readiness Grant (MPIRG) program. Agriculture Secretary Tom Vilsack said, “Today’s investment supports local and regional meat and poultry processors as they recover from …
Thanksgiving Turkey Cost More this Year
As some have found out, that Thanksgiving turkey is costing a bit more this year. Gary Crawford has a story looking at just why many had to shell out a few extra dollars for that holiday meal tradition. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Strong Cattle Prices, Lower Hog Prices Going Into 2022
With steer prices continuing to rise, some wonder if that can continue into 2022. According to a story from Gary Crawford, they are expected to do just that. But, on the other hand hog prices are falling, and he reports that is expected to continue into next year. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, …
Food, Fuel Inflation Fuels Fight over Biden Agenda Bill
The American Farm Bureau Federation (AFBF) says inflation and tax hikes are key to its opposing the Biden “Build Back Better” Act, despite the bill’s new funding for conservation, forestry, and Ag research. AFBF President Zippy Duval wrote to House lawmakers on the eve of expected floor action on the president’s now roughly two-trillion dollar “Build Back Better” social and …
NMPF Touts Dairy’s Policy Gains during Annual Meeting
The National Milk Producers Federation (NMPF), the National Dairy Promotion and Research Board and the United Dairy Industry Association held their joint annual meeting this week in Las Vegas, Nevada. And during the event, NMPF Chairman Randy Mooney and President and CEO Jim Mulhern touted dairy’s gains in 2021 as record exports and per-capita U.S. consumption at a more than 60-year high …
Soaring Meat Prices Boost Tyson Profits
Rising meat prices helped Tyson Foods overcome COVID-related labor shortages at its plants. The top U.S. meatpacker reported a stronger-than-expected quarterly profit this week and forecast improving revenue for the year ahead. The Arkansas-based company reported a double-digit jump in sales and earnings in the fourth quarter of its fiscal year that ended on October 2. That includes a record …