The American Farm Bureau Federation (AFBF) estimates 2022 crop losses due to weather and climate change at more than $21.4 billion. The AFBF Market Intel analysis shows in 2022, 18 weather and climate disasters, each with damages exceeding $1 billion struck the United States. The National Oceanic and Atmospheric Administration (NOAA) reported that 2022 surpassed 2021 as the third-costliest disaster …
The Value of the 2022 Peanut Crop
The USDA National Agricultural Statistics Service (NASS) released figures showing the value of the 2022 peanut crop. Tyron Spearman runs through some of the numbers. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Top Agricultural Markets to Start the Year
Looking back at February, some agricultural markets did very well. Mark Oppold explains what markets top the list after the first two months of the year. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Grain, Livestock Futures Could Move Higher this Month
Grain and livestock analysts believe futures could move a bit higher this month. But as Mark Oppold reports, it won’t be easy. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Markets Expected to Struggle in March
Analysts feel that the stock market may struggle here in the month of March. But as Mark Oppold reports, some commodities may do a bit better. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Interest Rate Hikes May Be More than Expected
More interest rate hikes by the Fed are expected, but according to a story from Mark Oppold, some people feel those hikes could be a bit more than what is expected. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Looking at Cash Rental Rates for Pasture Land
With spring on the horizon, many cattle producers are looking closely at cash rental rates for pasture land. Mark Oppold has information about what those are currently running in various parts of the country. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Improvement in Farmer Sentiment Carries Over into 2023
The Purdue University-CME Group Ag Economy Barometer Index rose again in January, to a reading of 130, four points above its 2022 year-end index value. The January survey results also pushed the index 34 percent above its 2022 low point, which occurred last June. The barometer’s modest rise in January was primarily attributable to better expectations for the future as …
Funding May be Tight for a New Farm Bill
As efforts to put together a new Farm Bill continue, some are saying funding for the new bill may be tight this time around. Tyron Spearman has more details. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
U.S. Tractor Sales Start 2023 Lower
U.S. ag tractor sales finished January 2023 in the negative, according to the latest data from the Association of Equipment Manufacturers (AEM). Total U.S. ag tractor unit sales fell for January in all segments except one. 100-plus horsepower two-wheel-drive tractors actually grew 22.8 percent. U.S. combine sales continued its growth streak, climbing 132.7 percent year-over-year. Curt Blades of AEM says, …