Many will be keeping an eye out for a cattle report coming Friday. And according to Mark Oppold, traders are also keeping an eye on Wall Street. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Indications of Lower Stock Markets, Crude Oil
As we get close to wrapping up another year, there are indications of a lower stock market and lower crude oil prices heading into 2023. Mark Oppold tells us what analysts are expecting. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
CoBank Releases 2023 Year Ahead Report
The U.S. economy still has considerable momentum and is not currently on the verge of recession, according to CoBank’s 2023 Year Ahead Report. However, economists have never been more pessimistic, and there are legitimate reasons for concern. Over the past half-century, inflation above five percent has never been tamed without incurring a recession. Dan Kowalski, vice president of CoBank’s Knowledge …
DeSantis Signs Insurance, Hurricane Bills into Florida Law
(NSF/TALLAHASSEE, FL/December 16, 2022) — Anticipating the need for more legislation about the state’s troubled property-insurance system, Gov. Ron DeSantis on Friday signed bills intended to stabilize the insurance industry and provide $751.5 million for people and communities recovering from hurricanes. DeSantis signed the bills two days after lawmakers finished a special session that focused heavily on property-insurance issues. During …
Sustainability in Cattle Industry
Sustainability in agriculture is a topic we continue to hear more and more about, and it’s something the cattle industry has been discussing for years. Back in April, we told you how a beef sustainability campaign had reached 96 million consumers, introducing the public to beef producers who make science-driven decisions to keep their herds, environment and businesses healthy enough to pass …
Weaker Economic Outlook for 2023
The Federal Reserve did raise interest rates again this week, and according to Mark Oppold, the outlook is for a weaker economy next year. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Rabobank: Fertilizer Prices Lower in 2023
Fertilizer consumption suffered in 2022 due to market volatility and record-high prices. However, a new Rabobank report says a recovery in consumption is possible in some regions next year, with fertilizer prices lowering and commodity prices at historically high levels. “The affordability index’s moving average is trending lower as fertilizer prices are returning to pre-Ukraine War levels,” says Rabobank. “For …
More Interest Rate Hikes Expected
After the fed increased interest rates again, more hikes are expected into next year. Mark Oppold looks at that, and where some energy markets stand at this time. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Florida Senate Passes Property Insurance Overhaul
(NSF/TALLAHASSEE, FL/December 14, 2022) — The Florida Senate on Tuesday overwhelmingly passed a bill aimed at shoring up the troubled-property insurance system by curbing lawsuits, injecting tax dollars into reinsurance coverage and trying to shrink the state-backed Citizens Property Insurance Corp. The Republican-dominated Senate voted 27-13 largely along party lines to approve the bill (SB 2-A), which is expected to …
Sales of Combines, 4WD Tractors Grow Despite Overall Losses in November
U.S. combine harvester sales remained positive in November, joined by 4-wheel drive tractors. That was despite total tractors sales falling for the month. According to the latest data from the Association of Equipment Manufacturers (AEM), total farm tractor sales fell 20.8 percent compared to November 2021, with the sub-40hp segment leading losses at 27.9 percent. But, year-to-date (YTD) numbers show 100+hp units …