The U.S. Poultry and Egg Association, National Chicken Council, National Turkey Federation and United Egg Producers recently released an updated economic impact study. The study highlights the poultry industry’s positive impact on jobs, wages, and federal and state revenue in the United States. A dynamic and integral part of the national economy, the U.S. poultry industry provides more than two …
Ag Groups Ask Congress to Prevent Potential Railroad Strike
More than 190 members of the Agricultural Transportation Working Group want Congress to prepare to help prevent a railroad strike or lockout. Beef Magazine says a strike or lockout would shut down all rail-dependent facilities and result in devastating consequences to both national and global food security. The Biden administration successfully helped broker an agreement between the National Railway Labor …
USDA Turkey Production and Price Forecasts
With Thanksgiving just around the corner, Rod Bain has a story looking at USDA’s numbers from their October forecast for turkey production and prices. And USDA livestock analyst Shayle Shagam discusses what is behind a lowering of turkey production forecasts for this year. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober …
Ag Economy Barometer Declines Again
Farmer sentiment weakened again in October as the Purdue University-CME Group Ag Economy Barometer fell to a reading of 102, down ten points compared to a month earlier. Both of the barometer’s sub-indices, the Index of Current Conditions and the Index of Future Expectations declined. The Current Conditions Index dipped eight points to a reading of 101, while the Future …
Keeping an Eye on the Dollar Index
Many traders are keeping an eye on the dollar index. Mark Oppold explains where it currently stands and what they are watching for. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Third Quarter Report Shows Economic Improvement
The third quarter GDP report showed some improvements in the nation’s economy. President Biden issued a statement on the report that stated it was “further evidence that our economic recovery is continuing to power forward.” “This is a testament to the resilience of the American people,” the President said. Chair of the Council of Economic Advisers, Cecilia Rouse echoed the …
Two Florida Counties as Primary Natural Disaster Areas
This Secretarial natural disaster designation allows the United States Department of Agriculture (USDA) Farm Service Agency (FSA) to extend much-needed emergency credit to producers recovering from natural disasters through emergency loans. Emergency loans can be used to meet various recovery needs including the replacement of essential items such as equipment or livestock, reorganization of a farming operation or the refinance of …
Corn Belt Farmland Price Sets New Record
A recent farmland sale in Iowa set a new record for the Corn Belt. In Plymouth County, Iowa, farmland was sold for $26,250 per acre. Ag Web Dot Com says Brock Auction Company brokered the sale, which included 55 acres of high-quality farmland. That put the total bill at $1.44 million. The bidding began at $17,000 per acre, and three …
New Zealand Plans to Tax Cow Methane
New Zealand is the Latest Country to Tax Cow Burps. That’s coming up on This Land of Ours. New Zealand farmers recently gathered in towns and cities across the country to protest against the government’s plan to tax “agricultural emissions.” Reuters says the government confirmed plans to price agricultural gases and biogenic methane, which it says come from cow and …
Preliminary Damage Assessment for Florida Agriculture Following Hurricane Ian
(FDACS/Tallahassee, FL/Oct. 24, 2022) — The Florida Department of Agriculture and Consumer Services (FDACS) and Commissioner of Agriculture Nikki Fried released the FDACS preliminary damage assessment for agriculture following Hurricane Ian. The assessment considered losses to agriculture production and infrastructure and are estimated between $1,180,714,303 and $1,888,305,886. “While today’s assessment is a preliminary snapshot of the losses to Florida agriculture, it is a critical first step …