traders

Corn Growers Contribute to the Economy

Dan Corn, Economy, National Corn Growers Association (NCGA)

According to a new report, corn growers were responsible for a $151 billion boost to the U.S. economy last year.  The National Corn Growers Association (NCGA) notes the report looks at various ways corn growers contributed to the economy. U.S. farmers produced 15.3 billion bushels of corn, valued at $73.9 billion. Corn grower production directly conti9buted $20.7 billion to the gross domestic …

good news

Good News about Food Prices

Dan Economy, This Land of Ours

There’s more good news on the food price front. That’s coming up on This Land of Ours. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

tractors

Sales of Ag Tractors Decline in June

Dan Agri-Business, Association of Equipment Manufacturers (AEM), Economy, Industry

According to new numbers from the Association of Equipment Manufacturers (AEM), U.S. sales of ag tractors and combines in June fell below reported sales from the same month a year ago.  Sales of 2-wheel-drive tractors dropped 16.3% compared to June 2023, while 4-wheel-drive tractors fell 1.3% within the same timeframe. Combines sales finished the month 31% below last year.  “June’s sales of Ag …

numbers

Markets Responding to News Concerning Interest Rates

Dan Commodities, Economy

Economic reports and news from the Fed Chairman this week about interest rates have had an effect on the money markets. 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

interest rates

Waiting on Two Major Economic Reports

Dan Economy

There are two major economic reports coming out yet this week. Mark Oppold has a look at what that could mean for interest rates. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

traders

Traders Looking at Weather, Meat Sales

Dan Cattle, Commodities, Corn, Economy, Field Crops, Marketing, Soybeans, Weather

Last week was a slower week for most of the markets. But as Mark Oppold reports, this week grain traders will be looking at weather forecasts, while livestock traders will be checking meat sales from this past holiday weekend. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

food prices

Food Prices May Be Going Down

Dan Economy, This Land of Ours

We may be seeing a little relief in grocery prices. That’s coming up on This Land of Ours. USDA has lowered its food price forecast. Gary Crawford has more. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

insurance options

USDA Expands Insurance Options for Specialty and Organic Growers

Dan Crop Insurance, Economy, Organic, Specialty Crops, USDA-RMA

The U.S. Department of Agriculture (USDA) recently announced it is expanding crop insurance options for specialty and organic growers beginning with the 2025 crop year. The USDA Risk Management Agency (RMA) is expanding coverage options by allowing enterprise units by organic farming practice, adding enterprise unit eligibility for several crops, and making additional policy updates. This is the first of …