nppc

Pork Industry Impact on U.S. Economy

Dan Economy, National Pork Producers Council (NPPC), Pork

Despite some challenges this year, the U.S. pork industry remains an important contributor to the nation’s economy.  National Pork Producers Council (NPPC), released its latest Economic Impact Report featuring new data on the U.S. pork industry’s contributions to the national economy. “It’s an interesting report because we look not just at the farm level, but we estimate the impact that arises …

food price forecast

2025 Food Price Forecast

Dan Economy, This Land of Ours

What will food prices hold for next year? That’s coming up on This Land of Ours. The Agriculture Department is out with its first food price forecast for next year. Gary Crawford has more. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

Rural America

Challenges in Rural America

Dan Agri-Business, Commodities, Economy

Times have been tough for many farmers across the country, and that is having an effect on the business owners they normally deal with. During a trip across rural America last week, Mark Oppold had a chance to learn more about some of those many challenges. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag …

food

Some Good News in Food Price Forecast

Dan Agri-Business, Economy, This Land of Ours

USDA’s latest food price forecast has a little good news for shoppers. Gary Crawford has more coming on up This Land of Ours. Analysts at the Agriculture Department are projecting that food at the grocery store this year will likely cost us more than last year, but only about 1% more. “And that’s compared to a 5% increase in prices …

Farm Income Forecast

House Ag Takes Close Look at Dropping Ag Income

Dan Agri-Business, Economy, Legislative

Farmers across the U.S. could see a drop of nearly 25-percent in their farm income compared to last year. That’s what USDA is predicting—and that’s why your lawmakers in Washington, D.C. are looking for answers. Ag banker Tony Hotchkiss, who serves as Chairman of the Agriculture and Rural Bankers Committee of the American Bankers Association, testified before the House Ag …

farmers adjust

How Farmers Adjust Spending During Low Commodity Prices

Dan Commodities, Economy

History does repeat itself, especially in agricultural cycles. Rabobank put together a report on how farmers adjust input spending when commodity prices drop. It explores the responsiveness of input volume and price to farm profitability in America, forming a view of how the current downturn will impact the input marketplace through next year.  For example, the report says farm machinery …

tractor tires

Keeping Tractor Tires Inflated Properly

Dan Agri-Business, Commodities, Economy

This week, Mark Oppold is at an event where he is learning more about the proper inflation of tractor tires and how important this is for farmers doing field work. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

cotton

Cotton Condition Improving, Peanuts Ahead of Pace

Dan Commodities, Cotton, Field Crops, Peanuts, USDA-NASS

Rain in some of the major cotton growing areas has helped the overall crop. According to USDA Meteorologist Brad Rippey, the condition of the cotton crop is improving. And Rippey has the latest on the peanut crop. According to the USDA National Agricultural Statics Service (NASS), this is how the cotton and peanut crops were progressing across the Southeast as of this past Sunday: In …