NPPC Economic Update Gives Snapshot of Current Pork Industry Opportunities and Challenges

Dan Economy, National Pork Producers Council (NPPC), Pork

The National Pork Producers Council (NPPC) released its latest pork industry economic update that summarizes key pork industry market indicators through January 2023. The takeaways include: The U.S. pork industry is a pillar of the U.S. economy, supporting jobs, sales, and value-added activity throughout the pork supply chain,” said Lori Stevermer, NPPC vice president and pork producer from Easton, Minnesota. “It is important to raise …

USDA Expands Hurricane Insurance Protection

Dan Crop Insurance, Economy, Weather

Farmers may now be eligible for further protection against damaging tropical storms. After hearing directly from agricultural producers, the U.S. Department of Agriculture (USDA) is expanding its Hurricane Insurance Protection-Wind Index (HIP-WI) Endorsement with a Tropical Storm Option. USDA’s Risk Management Agency (RMA) will offer this option for the 2023 crop year. RMA Administrator Marcia Bunger says during the past …

National Chicken Council Calls on FDA to Take Measures to Alleviate Egg Prices

Dan Economy, Eggs, Poultry

(Washington, D.C.) — Avian influenza’s outbreak and subsequent high egg prices have caused the poultry industry to research a policy that forces the broiler industry (broilers are chickens raised for meat) to destroy perfectly nutritious and safe eggs. The National Chicken Council (NCC) petitioned FDA to reverse or modify this policy on Thursday. “In light of the pressure the current HPAI outbreak is …

Record Cattle Prices Possible in 2023

Dan Cattle, Economy

USDA’s January 1 cattle inventory report places the total number of cattle and calves at 89.3 million head, consistent with trade expectations for a three percent decline from a year ago. The decline comes as cattle producers face a fourth consecutive year of contraction within the cattle cycle. That’s approaching inventory lows last seen in 2014 and 2015, at the …

Quarterly Earnings Season Continues

Dan Economy

The quarterly earnings season continues. Mark Oppold breaks down one agricultural company and how their shares are looking at this time. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024

Crop Insurance Reminder

Dan Crop Insurance, Economy, Peanuts

USDA’s Risk Management Agency has a reminder about a crop insurance deadline coming up in 3 weeks. Tyron Spearman has more details. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024

Markets Watching Weather Reports

Dan Commodities, Drought, Economy, Weather

Weather conditions are an important factor for traders. And according to Mark Oppold, they are watching the latest reports concerning drought, especially here in the Southeast. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024

DeSantis Pitches $114.8 Billion Budget

Dan Agri-Business, Economy, Florida

(NSF/TALLAHASSEE, FL) — Dubbing it the “framework for freedom,” Governor Ron DeSantis on Wednesday proposed a nearly 115-billion-dollar budget for next year that includes a variety of tax cuts and more money for such things as teacher pay. The budget for the current year, which started July 1st, totaled 110 billion after DeSantis signed it and issued vetoes. As he …