Cattle producers are always looking for ways to put more money into their pocket. Today, Southeast AgNet’s Will Jordan has a story looking at some ideas for better profits provided by Cattlefax.
Busy Week for Investors
Will there be another interest rate hike by the Fed in May? That’s a question many traders are pondering right now, and thus Mark Oppold notes another reason why this is a busy week for many investors.
Competitive Peanut Prices in the World Market
Prices for peanuts have really become competitive in the world market. Tyron Spearman has more details.
Grain Trade Focusing on Crop Reports
The monthly crop report will keep many grain traders and others busy today. Mark Oppold says this is especially true for those in the cotton industry.
USDA Announces Additional Help for Distressed Farmers
There’s additional help for some farmers who need it. That’s coming up on This Land of Ours. Starting in April, the USDA will provide approximately $123 million in additional, automatic financial assistance for qualifying farm loan program borrowers who are facing financial risk, as part of the $3.1 billion to help distressed farm loan borrowers that was provided through Section …
Strong Rebound in China
A recent report indicates a strong rebound is underway in China. Mark Oppold looks at how that could affect agriculture here in the U.S.
Food Prices Drop Slightly from January and February
You may have noticed a slightly lower grocery bill . That’s coming up on This Land of Ours. The Food Price Index averaged 129.8 points in February 2023, down 0.6 percent from January and continuing the downward trend for the eleventh-consecutive month. As of February, the index has dropped 30 points from the peak it reached in March 2022. The …
Higher Cattle Prices Projected for the Rest of the Year
The latest U.S. Cattle on Feed Report noted the number of head on feed was 11.6 million head on March 1st, down four percent from March 1 of last year. And according to a story from Gary Crawford, as cattle inventories dwindle, cattle price projections continue to climb.
Bankers Report an 8.1 Percent increase in Farm Bank Lending
Despite numerous headwinds in 2022, agricultural lending by U.S. farm banks increased by 8.1 percent in 2022 to $103.1 billion. The American Bankers Association’s annual Farm Bank Performance Report says the change is due to a 9.7 percent increase in outstanding loans secured by farmland and a 5.9 percent increase in agricultural and production loans. The report also says farmland …
U.S. Peanut Federation Joins Ag Groups Urging Help from Budget Committee
We told you yesterday that various agricultural groups are asking the U.S. Senate and House Budget Committees for help this year. Tyron Spearman reports that one of those groups is the U.S. Peanut Federation (USPF).