Looking at Cash Rental Rates for Pasture Land

Dan Economy, Livestock, Pasture

With spring on the horizon, many cattle producers are looking closely at cash rental rates for pasture land. Mark Oppold has information about what those are currently running in various parts of the country. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024

Improvement in Farmer Sentiment Carries Over into 2023

Dan Agri-Business, Economy

The Purdue University-CME Group Ag Economy Barometer Index rose again in January, to a reading of 130, four points above its 2022 year-end index value. The January survey results also pushed the index 34 percent above its 2022 low point, which occurred last June. The barometer’s modest rise in January was primarily attributable to better expectations for the future as …

U.S. Tractor Sales Start 2023 Lower

Dan Agri-Business, Economy

U.S. ag tractor sales finished January 2023 in the negative, according to the latest data from the Association of Equipment Manufacturers (AEM). Total U.S. ag tractor unit sales fell for January in all segments except one. 100-plus horsepower two-wheel-drive tractors actually grew 22.8 percent. U.S. combine sales continued its growth streak, climbing 132.7 percent year-over-year. Curt Blades of AEM says, …

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 …