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 ContentFlorida Cattle Enhancement Board Allows Viable Research in the Cattle IndustryFebruary 6, 2026Florida Cattle Enhancement Board Track …
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 …
Price of Food Moves Higher in November
The USDA says the Consumer Price Index for Food moved higher in November, rising 0.5 percent from October to reach levels that are 6.1 percent higher than November 2020. The level of food price inflation varies depending on whether the food was purchased for consumption at home or away from home. The food-away-from-home, or restaurant purchases, CPI increased 0.6 percent …
Florida Lawmakers Have Starting Point on New Budget
When it comes to the state budget, Florida lawmakers have a starting point when they being negotiations for a spending plan during the 2022 legislative session that starts January 11th. According to the News Service of Florida, earlier this month Governor Ron DeSantis proposed a $99.7 billion budget that would funnel money to education, the environment and law-enforcement officers while …
Fertilizer Inflation under Scrutiny
Soaring fertilizer prices continue to plague farmers as Ag leaders, and lawmakers struggle for answers and solutions. And with those fertilizer prices more than doubling and some ingredients rising as much as 300 percent, farm leaders like American Farm Bureau President Zippy Duval want relief. “I mean, there are so many things that affect that, even the discussion around carbon …
Meat Production and Price Forecasts for This Year and Next
USDA recently issued its December look at meat production and prices, with adjustments for both 2021 and 2022. Rod Bain reports. Sponsored ContentFlorida Cattle Enhancement Board Allows Viable Research in the Cattle IndustryFebruary 6, 2026Florida Cattle Enhancement Board Track Record Well Received By LegislatorsJanuary 30, 2026Florida Cattle Enhancement Board Supports Beef Education and Promotion ProgramsJanuary 23, 2026Florida Cattle Producers Proactive …