U.S. imports of animal fats, greases, and processed oils, including used cooking oil, skyrocketed to almost five billion pounds in 2023 from 2.2 billion pounds in 2022. The surge in imports has been driven by rising domestic production of biomass-based diesel – fuels derived from animal fats and vegetable oils – to meet U.S federal and state policies aimed at …
Agriculture Export Challenges for 2025
U.S. Agriculture exports will face challenges in Fiscal Year 2025. That’s coming up on This Land Of Ours. Gary Crawford and USDA Chief Economist Seth Meyer has the story. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Easing Trade Obstacles with Colombia Through Seminar
With support from the National Pork Board and the Beef Checkoff Program, U.S. Meat Export Federation (USMEF) recently joined USDA staff in meetings with Colombian officials designed to build a better understanding of the industry both in the U.S. and Colombia. The seminar was born out of a string of challenges that have popped up for exporters sending U.S. red …
COVID Shipping Problems Remain
Though the global COVID pandemic officially ended more than a year ago, many of the issues we saw during that time remain, especially when it comes to agricultural shipping. Supply chain issues have persisted since COVID, and Tiffany Comprés, a partner at Pierson Ferdinand law firm with experience in agricultural shipping, believes the next few months will be tight. “But …
Profit Downturn for Global Ag Traders
Lower profits for global ag traders. That’s coming up on This Land of Ours. Global bumper harvests, a downturn in crop markets, and slowing demand for farm equipment are shrinking profits and lowering the future outlooks for some of the world’s biggest companies. Farm Policy News says St. Louis-based Bunge posted earnings of $1.73 a share in the second quarter, …
Cattle on Feed Report Preview
USDA will release their monthly Cattle on Feed Report this afternoon, and Mark Oppold has a look at the pre-report estimates. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
U.S. Food Imports Rising
The U.S. is importing more foreign food and farm products. Gary Crawford has more coming up on This Land of Ours. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Boats, Bargaining Tables and Beef Marketing: Labor Union Raises Issue for Ag Exports
International Longshoremen’s Association (ILA), which represents workers at ports throughout the East and Gulf Coasts, recently canceled contract talks with terminal operators represented by the United States Maritime Alliance (USMX). The current labor contract between the two groups expires later this year, and negotiations have been called off over what ILA contends are efforts to automate additional port services, and …
Possible Erratic Trade this Week
Beings this is the last week of the month, Mark Oppold notes we could see erratic trading taking place throughout the week. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Monthly Cattle on Feed Report Coming this Afternoon
The June Cattle on Feed Report is scheduled to come out this afternoon. Mark Oppold looks at what some are expecting and what is not included in these reports. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024