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Below you'll find a list of all posts that have been categorized as “Economy”
The sale prices for good cropland in rural America continue upward, reaching new high points in many states. Farmers National Company says the “record” sale prices continue to capture headlines, but there has generally been continued strength in the land market, with good cropland attracting the most attention from buyers. “The upcoming months will set the trend in land prices,” …
Taking a wider look at higher ag input costs. That’s coming up on This Land of Ours. American Agri-Women hosted the Global Food and Energy Supply Conversation recently to respond to member interest in rising input and food costs. AAW President Heather Hampton+Knodle, moderated the event. “As farmers and ranchers, we find ourselves grappling with this market price volatility and …
The Purdue University/CME Group Ag Economy Barometer farmer sentiment index rose six points in July to a reading of 103. Producers were somewhat more optimistic about both their current and future economic conditions on their farms compared to June. Even though there was a slight increase in optimism, there’s still a lot of uncertainty in the agricultural economy. Key commodity …
More and more acres of farmland across the U.S, is being purchased by investors. As Mark Oppold reports, Congress is taking note of this fact.
A new survey presented by the National Chicken Council (NCC) and WATT Global Media shows while consumers average rating for their current financial situation is in the middle between “poor” and “excellent,” 87 percent are buying more or the same amount of fresh chicken now compared to six months ago. The study, presented this week during the 2022 Chicken Marketing Summit in …
Could we see lower food prices next year? That’s coming up on This Land of Ours. The all-items Consumer Price Index increased 1.4 percent from May to June and is 9.1 percent higher than in June of last year. USDA once again raised its consumer food price inflation forecast from 8.5 percent to 9.5 percent for 2022. In their first …
The USDA is increasing the amount of funding available for the Spot Market Hog Pandemic Program and expects to issue approximately $62.8 million in assistance payments to producers this week. SMHPP assists eligible producers who sold hogs through a spot market sale between April 16 and September 1 in 2020. “In order to provide more targeted support to hog producers …
Helping schools manage rising food costs. That’s coming up on This Land of Ours. The USDA announced an increase in funding to help schools continue to serve healthy meals this coming school year and provided financial relief for schools and childcare providers. The reimbursement schools will get for each meal served will increase by 68 cents per free or reduced-price …
The U.S Department of Agriculture (USDA) has released their July 1 Cattle Inventory Report, and it shows all cattle and calves in the U.S. on July 1st totaled 98.8 million head, 2 percent below the 101 million head on July 1, 2021. All cows and heifers that have calved totaled 39.8 million head, 2 percent below the 40.6 million head …
While many factors are being watched when it comes to the grain trade, Mark Oppold reports right now one of those factors is of course the weather.
