Big Four Packers Hit with Another Lawsuit

Dan Agri-Business, Commodities, Economy

The four largest meatpackers were hit by a new price-fixing lawsuit from a group of small food distributors. The suit was filed on October 9 in the U.S. District Court in Northern Illinois, accusing the Packers of fixing prices for years. The plaintiffs say the price-fixing dates back to at least January 1, 2015, and includes Cargill, JBS, Tyson Foods, …

Webinar: Expansion of Climate-Smart Agriculture and Forestry Mitigation Activities and other FY24 Conservation Opportunities

Dan Climate Change, Conservation, Economy, Environment, Farm Bill, Forestry, USDA-NRCS

The U.S. Department of Agriculture (USDA) will hold a public webinar Wednesday, October 25 at 2 pm eastern that will cover the newly expanded list of Climate-Smart Agriculture and Forestry Mitigation activities available for Inflation Reduction Act funding. This is all through conservation programs offered by USDA’s Natural Resources Conservation Service (NRCS). The webinar will also cover available Inflation Reduction Act and …

ALB Promotes Lamb at Consumer, Influencer Events

Dan American Lamb Board (ALB), Economy, Sheep-Goats

The latest consumer research funded by the American Lamb Board (ALB) indicate a majority of consumers associate lamb with flavor, tenderness, freshness and quality, but only 33 percent of consumers agree that lamb is a nutritious meat choice. So, building awareness about lamb’s nutrition benefits and positioning lamb as part of a healthful diet and lifestyle is an opportunity to …

Feds Feed Families Program Milestone

Dan Agri-Business, Commodities, Economy, Funding, This Land of Ours

The Feds Feed Families Program reaches a food donation milestone. Gary Crawford has that coming up in today’s This Land of Ours report. “I wanted to come down from my office today, first of all, to thank everybody who’s participating in the campaign for a job well done,” said Agriculture Secretary Tom Vilsack. The campaign is the Feds Feed Families …

Looking Ahead at 2024 Crop Acreage

Dan Commodities, Corn, Economy, Field Crops, Soybeans, Wheat

While harvest of the 2023 crop is not quite over yet, some analysts are already predicting the 2024 acreage numbers. Mark Oppold runs through some of those. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

USDA Trims America’s Feed Grain Supplies

Dan Commodities, Corn, Economy, Wheat

USDA is forecasting October U.S. feed grain production at 396.6 million tons for the 2023-2024 marketing year, down 1.8 million tons on reduced corn and sorghum output. With lower beginning stocks partly offset by a slight bump in imports, the total feed grain supply is projected 4.1 million tons lower this month at 436 million. Reflecting a slight yield decrease …

Higher Interest Rates, Strong Dollar Affecting Rural Economies

Dan Agri-Business, Economy, Exports/Imports, Field Crops, Forestry

CoBank says the combination of high interest rates and a strong U.S. dollar is beginning to take a disproportionate toll on rural industries like agriculture, forestry, and manufacturing. Most international transactions are still conducted in dollars, and a strong dollar makes U.S. exports more expensive and imports cheaper. CoBank’s Knowledge Exchange says that disproportionately hurts the backbone of the rural …