Smithfield Foods Closing 35 Missouri Hog Farms

Dan Economy, Pork

We told you earlier this week that Tyson Foods had announced the planned closure of four of their chicken processing facilities in the U.S. Now, Smithfield Foods has announced they will close 35 hog farm operations in Missouri. According to a state-required workforce adjustment notification, 92 employees would be affected by the closures slated for this month. Murphy Brown LLC, …

Private Estimates Coming in Ahead of August Crop Report

Dan Agri-Business, Commodities, Corn, Economy, Field Crops, Soybeans

A variety of private estimates concerning row crops are coming in this week just ahead of the August Crop Report. Mark Oppold has a look at what some are expecting. Sponsored ContentFCEB Recurring Funding Provides Opportunity for Longer Term Research ProjectsOctober 10, 2025Florida Cattle Enhancement Board Advances Forage ResearchOctober 3, 2025Florida Cattle Enhancement Board Acts As Catalyst For Timely ResearchSeptember …

Tyson Foods to Close Four Chicken Facilities

Dan Agri-Business, Economy, Poultry

Tyson Foods Monday announced the planned closure of four chicken processing facilities in the U.S. They will close facilities in North Little Rock, Arkansas, Corydon, Indiana, Dexter, Missouri and Noel, Missouri. The company will shift production to other facilities and cease operations at the impacted locations in the first half of fiscal year 2024. Donnie King, Tyson Foods President and …

Looking Ahead at August Crop Report

Dan Commodities, Corn, Economy

The USDA August crop report comes out later this week and some are already looking ahead and what may it may show. Mark Oppold notes there could be some surprises in the corn numbers. Sponsored ContentFCEB Recurring Funding Provides Opportunity for Longer Term Research ProjectsOctober 10, 2025Florida Cattle Enhancement Board Advances Forage ResearchOctober 3, 2025Florida Cattle Enhancement Board Acts As …

Fertilizer Prices Continue Dropping from Peak Levels in 2022

Dan Economy

After reaching historic highs in 2022, prices for major fertilizers have trended consistently lower since then. Farmdoc Daily from the University of Illinois says supply and demand fundamentals, as well as some resolution of the ongoing impacts of the Russia-Ukraine conflict, were contributing factors. Fertilizer prices peaked during the second quarter of 2022, when anhydrous ammonia reached $1,635 per ton …

Cotton Futures Could End the Week Strong

Dan Commodities, Cotton, Economy

Weather and other factors have been affecting the cotton trade. But according to Mark Oppold, they could end the week strong. Sponsored ContentFCEB Recurring Funding Provides Opportunity for Longer Term Research ProjectsOctober 10, 2025Florida Cattle Enhancement Board Advances Forage ResearchOctober 3, 2025Florida Cattle Enhancement Board Acts As Catalyst For Timely ResearchSeptember 26, 2025

Farmers Remain Cautiously Optimistic About Ag Economy

Dan Economy

Farmer sentiment rebounded in June as the Purdue University-CME Group Ag Economy Barometer rose 17 points to a reading of 121. June’s sentiment improvement left the index near the April reading of 123 after a one-month swoon in May. Producers report a more optimistic view of the future as the Index of Future Expectations rose 25 points to 123, while …

Corporate Earnings Season Continues

Dan Commodities, Economy

The corporate earnings season continues, and Mark Oppold has a look at how some of the agricultural companies are doing. Sponsored ContentFCEB Recurring Funding Provides Opportunity for Longer Term Research ProjectsOctober 10, 2025Florida Cattle Enhancement Board Advances Forage ResearchOctober 3, 2025Florida Cattle Enhancement Board Acts As Catalyst For Timely ResearchSeptember 26, 2025

CNH Industrial Net Income Jumps 35 Percent

Dan Economy

CNH Industrial reported Q2 consolidated revenues of $6.57 billion, eight percent higher than the same quarter in 2022. The company’s net income totaled $710 million and Adjusted Net Income was $711 million. Net cash used by operating activities totaled $139 million and Industrial Free Cash Flow generation hit $386 million in the second quarter of this year. Net sales for …

August Could be Tough on the Soybean Crop

Dan Agri-Business, Drought, Economy, Soybeans, Weather

August could be a volatile month for some commodities on the trading floor. Mark Oppold explains why this could be true for soybeans and what they will be looking at this month. Sponsored ContentFCEB Recurring Funding Provides Opportunity for Longer Term Research ProjectsOctober 10, 2025Florida Cattle Enhancement Board Advances Forage ResearchOctober 3, 2025Florida Cattle Enhancement Board Acts As Catalyst For …