Watching the Cotton Market

Dan Commodities, Cotton, Economy

A tight carryover could be a factor in the cotton market. Mark Oppold continues to track what’s happening with that trade. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

Unit Sales of Four-Wheel Drive, Row Crop Tractors Continue to See Growth

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

While overall farm tractor unit sales in the U.S. declined in August, heavy duty row crop tractor unit sales continued to increase. This is according to the latest data from the Association of Equipment Manufacturers (AEM). 100+hp 2WD tractors, and 4WD tractors were the only segments to grow year-over-year. Both those segments, along with self-propelled combines remain positive for the year. The biggest …

Disaster Assistance Provided to Farmers, Livestock Producers in Florida Impacted by Hurricane Idalia

Dan Agri-Business, Cattle, Citrus, Crop Insurance, Economy, Environmental Quality Incentives Program (EQIP), Field Crops, Florida, Forestry, Funding, Georgia, USDA-FSA, USDA-NRCS

Florida agricultural operations have been significantly impacted by Hurricane Idalia and related weather events. The U.S. Department of Agriculture (USDA) has technical and financial assistance available to help farmers and livestock producers recover. (USDA-NRCS/GAINESVILLE, FL/Sept. 12, 2023) — Florida agricultural operations have been significantly impacted by Hurricane Idalia and related weather events. The U.S. Department of Agriculture (USDA) has technical …

USDA Forecasts U. S. Corn Production Up, Soybean, Cotton Production Down from 2022

Dan Agri-Business, Commodities, Corn, Cotton, Economy, Field Crops, Soybeans, USDA-NASS

(USDA-NASS/WASHINGTON, Sept. 12, 2023) — Corn production is up, while soybean and cotton production is down from 2022, according to the Crop Production report issued today by USDA’s National Agricultural Statistics Service (NASS). Corn production is up 10% from last year, forecast at 15.1 billion bushels; soybean growers are expected to decrease their production 3% from 2022, forecast at 4.15 …

Good July for Pork Exports but Slow for Beef

Dan Beef, Cattle, Economy, Exports/Imports, Marketing, Pork, U.S. Meat Export Federation (USMEF)

Building on a robust first-half performance, July exports of U.S. pork continued to outpace year-ago levels, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). But, beef exports took a step back in July, posting the lowest volume since January. Starting with the good news, pork exports in July were up 5% year-over-year, while the export value …

Early Start to Corn, Soybean Harvest

Dan Commodities, Corn, Field Crops, Soybeans

In some states, we are seeing an early start to the corn and soybean harvests. Mark Oppold has more details as to why. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

World Food Prices Lower in August

Dan Commodities, Economy, This Land of Ours

World food prices were lower last month. That’s coming up on This Land of Ours. The UN’s Food and Agriculture Organization’s Food Price Index averaged 121.4 points in August, a 2.6-point drop from July, reversing the rebound registered that month. The August drop pushed the index 38 points lower than its peak reached in March 2022. The overall drop was …