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Below you'll find a list of all posts that have been categorized as “Economy”
(GDA/Atlanta, GA/Sept. 8, 2023) — Yesterday evening, in response to Governor Brian P. Kemp’s request, President Joseph R. Biden, Jr. approved a disaster declaration allowing Georgians in Cook, Glynn, and Lowndes Counties access to emergency relief funds following the significant damage caused by Hurricane Idalia on August 30, 2023. As damage assessments continue in other areas affected by the storm, Commissioner …
Here’s a reminder from the Alabama Agricultural Development Authority that it is accepting loan applications under the Alabama Meat Processing Program. This program is a result of a $15 million award from the USDA through the Meat and Poultry Intermediary Lending Program. Applications for Phase I will close Thursday, September 14, 2023. The low interest loans are intended to support …
Producer sentiment lowered during August as the Purdue University/CME Group’s Ag Economy Barometer dipped eight points to a reading of 115. The month’s decline was driven by producers’ weaker perception of current conditions on their farms and throughout U.S. agriculture. The Current Conditions Index fell 13 points to a reading of 108. The Future Expectations Index also dropped by five …
Lower ratings from USDA in their latest crop conditions report have already been factored in the grain trade. Mark Oppold looks at what we should expect.
The American Sheep Industry Association (ASI) Board of Directors recently approved the association’s budgets and membership rates for fiscal year 2023-24. Voting was conducted online after preliminary approval of both the Wool Trust and Fund II budgets by the ASI Executive Board at its summer meeting in Idaho. Plus, ASI wants producers to know their 2024 Annual Convention will be held January …
Taking a look at the projected growth for ag markets. That’s coming up on This Land of Ours. The Business Research Company’s latest look into the growth of agricultural markets shows big jumps ahead. The global agriculture market is projected to reach a substantial size of just over $19.8 billion by 2027, with a robust Compound Annual Growth Rate (CAGR) …
Two things many traders are watching right now are crude oil and the dollar. Mark Oppold explains why and how they could affect other commodities.
Last week, members of the International Longshore and Warehouse Union (ILWU), which represents dockworkers at all U.S. West Coast ports, voted to ratify a tentative contract agreement. The Union voted 75 percent in favor of approving the agreement that runs until 2028 six-year agreement is retroactive to July 1, 2022, and runs through July 1, 2028. U.S. Meat Export Federation (USMEF) President and CEO …
Recent farmland sale prices and values have increased to levels never before seen in the agricultural land market. Paul Shadegg, senior vice president of Real Estate Operations at Farmers National, says the momentum in the farmland market began building 25 years ago. But is it sustainable moving forward? There continues to be strong interest in buying ag land across the …
The grain trade picks back up today after the holiday break. And Mark Oppold has a look at when we’ve seen extended price breaks.
