Farmers may want to think about forward pricing upcoming fuel needs. Mark Oppold, explains why this could be a helpful factor right now. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Crop Insurance Deadline Nears in Florida for Citrus Tree and Fruit Growers
The USDA Risk Management Agency (RMA) is reminding Florida citrus tree and fruit growers that the final date to apply for crop insurance coverage for the 2023 crop year is April 15th. Current policyholders who wish to make changes to their existing coverage also have until the April 15 sales closing date to do so. RMA notes that coverage is available for avocado …
Lower Cattle Futures Due to Profit Taking
Live and feeder cattle futures are seeing some lower prices. According to Mark Oppold, some of this is due to profit taking. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Combine Sales in the U. S. Grow, Ag Tractors Sales Near Average
According to new data from the Association of Equipment Manufacturers (AEM), overall U.S. ag tractor unit sales in February stayed near their five-year average, but combine harvesters continued triple-digit growth. The latest data shows overall U.S. ag tractor unit sales fell in February, and that was despite gains in the 100-plus horsepower and four-wheel-drive segments, up 2.7 and 55 percent respectively. Overall tractor …
Bank Rescue Could Slow Interest Rate Hikes
Due to more recent bank failures, Mark Oppold reports some feel this could pause any interest rate hikes by the Fed for a while. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Financial Markets Facing No Win Situation
We’ve all heard the story about the recent failure of the Silicon Valley Bank. Today, Mark Oppold reports there are some analysts noting how the financial markets are currently facing a no win situation. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Disaster Assistance Available to Florida Producers Impacted by Hurricane Ian
(USDA/Polk County, FL/March 10, 2023) — Agriculture Secretary Tom Vilsack visited a citrus grove in Polk County, Florida to survey the impact of Hurricane Ian and meet with producers impacted by the storm. During the visit, the Secretary highlighted efforts by the U.S Department of Agriculture (USDA) to help Florida producers rebuild their operations and increase their bottom lines as they …
Commodity Classic Day Two
Today is the second day for the 2023 Commodity Classic in Orlando, FL. Mark Oppold is there and has this report. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Uncertainty in the Markets
Traders do not like uncertainty, but according to Mark Oppold, there’s quite a bit of that right now when it comes to the markets. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Farmer Sentiment Drops in February
The Purdue University/CME Group Ag Economy Barometer dropped five points to 125 in February. Farmers’ perspectives regarding both current conditions on their farms and their expectations for the future also weakened during the month. The Index of Current Conditions dipped two points to 134, and the Index of Future Expectations declined six points to 121. Several factors are weighing on …