Market Prices, Input Costs, Pushing Expectations Lower

Dan Agri-Business, Economy

Farmer sentiment took a downturn at the start of 2024 as the January Purdue University-CME Group Ag Economy Barometer Index fell to a reading of 106, eight points below a month earlier. Compared to year-end, producers had a more negative outlook of their farms’ current situation along with a weakened outlook for the future. The Current Conditions Index fell nine …

Grocery Prices Staying Higher

Dan Commodities, Economy, This Land of Ours

A look at the higher prices in grocery stores. That’s coming up on This Land of Ours. Many grocery prices remain high and could go even higher according to the American Farm Bureau Federation (AFBF). AFBF Economist Bernt Nelson says input costs and general inflation are among the main culprits. “Across the board, with our grocery prices, we’re still seeing …

Tracking the Energy Market

Dan Biofuels/Energy, Commodities, Economy, Energy

As we get closer to spring planting time, Mark Oppold takes a look at what is happening in the energy market. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

Final Payments to be Issued to Producers Impacted by 2020 and 2021 Natural Disasters

Dan Economy, Field Crops, Specialty Crops, USDA-FSA

(USDA-FSA/WASHINGTON/Feb. 6, 2024) — The U. S Department of Agriculture (USDA) is issuing final Emergency Relief Program (ERP) payments totaling approximately $306 million to eligible commodity and specialty crop producers who incurred losses due to natural disasters in 2020 and 2021. USDA’s Farm Service Agency (FSA) will begin issuing these additional payments to eligible producers this week. “In the natural disaster recovery …

January 1 Sheep and Lambs Inventory Down 2%

Dan Commodities, Livestock, Sheep-Goats

USDA’s Sheep and Goat’s report released last week shows all sheep and lambs inventory in the U.S. on January 1, 2024 totaled 5.03 million head, down two percent from last year. Breeding sheep inventory at 3.67 million head on January 1, 2024, decreased two percent from 3.74 million head in 2023. Ewes one-year-old and older, at 2.87 million head, were …

New Acreage Survey Results Released

Dan Commodities, Corn, Field Crops, Soybeans

More survey numbers have been released, as Mark Oppold looks at what some are predicting for the 2024 corn and soybean crops. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024