2022 Potato Production Down 3 Percent

Dan Commodities, Economy, Specialty Crops, Vegetables

The U.S. Department of Agriculture (USDA) Economics, Statistics, and Market Information System recently released the 2022 Potato Summary. The report presents potato estimates of acreage, yield per acre, production, farm disposition, season average price, value, and utilization of sales, including processing for the 2022 season. All potato production in 2022 totaled 399 million hundred-weight, down three percent from the 2021 …

Food Price Inflation Easing Down

Dan Commodities, Economy, This Land of Ours

Food price inflation is easing down into so-called “normal” levels. Gary Crawford has more in today’s This Land of Ours report. The new Consumer Price Index (CPI) shows that during September, prices for all items in the economy rose two-tenths of 1 percent, putting the inflation rate 3.7 percent higher than this time a year ago. However, for food at …

Ag Economics Expert on Recession Expectations

Dan Economy

An ag economics expert weighs in on the nation’s financial state.  Speaking at the recent Agri-Pulse Ag Outlook Forum, the head of RaboResearch Food & Agribusiness for North America, Roland Fumasi told attendees the nation’s economy could be heading into a recession. “But this is our House view. Right now. We are still expecting that the US will fall into …

Dairy Checkoff’s Pizza Partnerships Growing Cheese Sales

Dan Commodities, Dairy, Economy, Marketing, This Land of Ours

Increasing cheese sales through pizza. That’s coming up on This Land of Ours. A new dairy checkoff growth program with pizza partners is expected to drive a lot of additional cheese use during the rest of 2023. Paul Ziemnisky is Group EVP of Health and Wellness, Insights, and Innovation with Dairy Management Inc (DMI). He says the bulk of the …

4WD Tractor Sales Surge in Third Quarter

Dan Economy

There was quite a surge in the sales of four-wheel drive tractors in the just ended third quarter. According to new data from the Association of Equipment Manufacturers (AEM), 100+hp 2WD tractors and 4WD tractors grew year-over-year here in the U.S. Both segments, along with self-propelled combines remain positive for the year. But the biggest overall growth among tractors was …

HPAI Confirmed in South Dakota

Dan Avian Influenza, Economy, Poultry, USDA-APHIS

The Animal and Plant Health Inspection Service (APHIS) confirmed this week that the first commercial case of highly pathogenic avian influenza (HPAI) was discovered in South Dakota. APHIS says the virus was confirmed in a commercial turkey flock of 47,300 birds on October 4. Another case was also recently confirmed in a small non-commercial flock located in Idaho. The Canadian …

Smithfield Foods to Close North Carolina Pork Plant

Dan Economy, Pork

Smithfield Foods will close its Charlotte, North Carolina pork-processing plant and transfer production to its Tar Heel, North Carolina facility. The company says the move is to increase efficiency and better utilize existing capacity, and comes as the company faces “abundant supplies and soft demand” weighing on pork prices. The company will provide financial and other transition assistance to the …

Global Food Security Issues Rising

Dan Agri-Business, Commodities, Economy

There is a lot of uncertainty due to the rising issue of global food insecurity. Mark Oppold has more details. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024