While total agriculture tractor sales in the U.S. dropped 11.5% in May compared to a year ago, sales of 4-wheel-drive tractors saw an increase of 9.4%. According to new data from the Association of Equipment Manufacturers (AEM), the increase follows a rise of 24% back in April compared to the year before, and the data also indicates year-to-date sales of 4-wheel-drive tractors are up 3.2%. …
Crops Off to a Good Start
While the summer heat is building, many crops are seeing their best start in years. Mark Oppold has more details.
Consumer Meat Prices Rising
Consumer meat prices continue to rise. That’s coming up on This Land of Ours. Consumer meat prices are continuing to rise. Gary Crawford has more.
Renewed Optimism on Wall Street
Due to an announcement this week, there is renewed optimism on Wall Street. Mark Oppold has more details.
Simpson Applauds Funding for Critical Investments in Florida Agriculture
On Wednesday, Florida Commissioner of Agriculture Wilton Simpson applauded Governor Ron DeSantis and the Florida Legislature for the 2024-2025 state budget. “I applaud Governor Ron DeSantis and the Florida Legislature for making critical investments in the 2024-2025 state budget to safeguard and advance Florida agriculture, preserve our working lands and natural resources, and enhance our consumer protection efforts,” said Commissioner …
Two Important Quarterly Reports Coming Up
Two important quarterly reports which are important to the grain and livestock trade coming up in two weeks. Also in two weeks, the final planted acreage report. Mark Oppold has all the information for us.
Traders in for a Triple-Whammy Today
The Stock Market and Commodity Market traders are in for a triple-whammy today. Mark Oppolod lets us know all of the days happenings in his report.
Focus in Grain Trade Turning to Monthly Crop Report
Focus in the grain trade now turning to tomorrow’s Monthly Crop Report and weather. Few major changes are expected in the monthly report for the U. S. numbers. Mark Oppold has the report.
Food Prices Slightly Higher in May
People around the globe paid a little more for food last month. That’s coming up on This Land of Ours. The U.N. Food and Agricultural Organization’s Food Price Index stood at 120.4 points in May, up 0.9 percent from its revised April level. Increases in the price index for cereal and dairy products slightly more than offset decreases in those …
Watching for Crop Condition Reports
The crop progress reports from USDA are starting to switch over to crop condition reports. This is something Mark Oppold notes many traders will be looking forward to seeing each week.