Agribusiness Report: Jane Wells
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Jane Wells with CNBC.
Inflation Concerns Remain Though Agricultural Inflation is Lagging
For most major commodities prices remain above pre-pandemic levels, and farm income is expected to be higher than a year ago for the second consecutive year.
Vaccine Mandates and China Trade Highlight Supply Concerns
As many industries in the United States continue to navigate the choppy waters of supply-chain disruptions, there are two more waves of potential concern on the horizon.
West Coast Port Congestion Backing Up Imports/Exports
The congestion at the West Coast ports continues, with massive numbers of shipping containers overrunning warehouses in the two busiest ports of the country that handle roughly 40 percent of all containers; Los Angeles and Long Beach.
Agribusiness Report: Shawn Wade
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Shawn Wade with Plains Cotton Growers.
Food Price Inflation Expected to Remain Through 2026
Higher feed costs may contribute to slower meat production growth in the U.S. in 2022 and subsequent years. That’s just one prediction from the Food and Agriculture Policy Research Institute at the University of Missouri.
Agriculture Today 10/26
Your daily look at what’s impacting agriculture around the globe.
As Disagreement Clouds Infrastructure Debate, Can Bill Pass?
Since members of the Democratic party have been unable to agree on the levels of future spending by the federal government, there’s been no real action on either a Bipartisan Infrastructure Bill – which passed the Senate last month – or the budget reconciliation bill that the leadership has touted as human infrastructure.
October Cattle on Feed Report Within Private Expectations
Cattle and calves on feed for the slaughter market in the United States for feedlots with a capacity of 1,000 or more head totaled 11.6 million head on October 1, 2021, and down 1 percent from just one year earlier.
Floyd County Leads Texas in National Pumpkin Sales
Pumpkins are a staple of fall traditions for many Americans who pick them, carve them into jack-o’-lanterns, or bake pumpkin desserts.
Agribusiness Report: Bob Maurer
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Bob Maurer with Manduca Trading in Chicago.
Agriculture Today 10/25
Your daily look at what’s impacting agriculture around the globe.
Ag CEO’s Implore Administration to Address Supply Chains
Growing concerns over the effects of supply chain challenges have led the Ag CEO Council to ask the Biden administration to swiftly tackle issues causing higher prices and/or shortages for the ag sector.
Export Sales Improve for Corn, Soybeans, and Cotton
USDA released their latest Weekly Export Sales report for the week ending October 14, 2021. Exports for the week were generally lower except for corn, soybeans, cotton, and meats.
Agriculture Today 10/22
Your daily look at what’s impacting agriculture around the globe.
Five Bills Passed By House Agriculture Committee Thursday
The House Agriculture Committee on Thursday favorably reported five bills out of Committee, four by voice vote. The bills now head to the floor of the House for consideration.
U.S. Beef Exports Hit Record While Imports Increase
As U.S. beef exports set an all-time record in August, topping the $1 billion mark for the first time, economists have also been looking at the import market.
Bipartisan Bill to Establish Cattle Contract Library Introduced
Twenty years ago, the Packers and Stockyards Division of the Agricultural Marketing Service implemented the Swine Contract Library in an effort to aid in the price discovery process and provide equal access to market information for all market participants.
Growing Opposition Leads Administration to Recalculate Banking Regulation
A group of business leaders both in and out of agriculture are weighing in on a proposal in the Biden administration’s Build Back Better agenda, also known as the reconciliation bill.
Researchers Examine Financial Impacts of Oil Booms/Busts
Over the past few years, researchers at USDA, the University of Oregon, and the University of Wisconsin-Madison studied the cumulative effects of oil booms and subsequent busts on communities and found that the oil booms offered a monetary incentive to families.
ERS: 2022 Holds Mixed Bag for Livestock Prices
On Monday, USDA’s Economic Research Service released its monthly Situation and Outlook Report for livestock.
Agriculture Today 10/20
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Sen. John Boozman
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Sen. John Boozman, ranking member of the U.S. Senate Committee on Agriculture, Nutrition and Forestry.
More “Locked Up” Americans Found Convenience of Pasta
During the global shutdown due to coronavirus, more Americans found themselves in the kitchen preparing meals. For U.S. wheat producers, this helped lead to higher prices and record demand for durum wheat.
Despite Record Meat Exports, U.S. in Precarious Position
While demand for U.S. meat and poultry continues to grow, there are a few headwinds facing the industry in the near future, according to a new report from CoBank’s Knowledge Exchange Division.
Growing Crops is Comparable to Managing the Economy
Last week the details of the most recent Federal Reserve’s Federal Open Market Committee meeting were released and although the meeting was held in late September, there are concerns that the Fed’s policy position may be wrong and that concern is actually echoed by a member of the FOMC, Michelle Bowman from Kansas.
Agribusiness Report: Tanner Antonick
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Tanner Antonick, U.S. Sales Manager for Advanta Seeds
Agriculture Today 10/19
Your daily look at what’s impacting agriculture around the globe.
Agricultural Opportunities Abound in Sustainable Aviation Fuel Challenge
Last week, the global airline industry agreed to cut carbon emissions by converting all commercial planes to 100 percent sustainable aviation fuels (SAF) by 2050.
Diesel and Labor Costs Drive Machinery Costs Higher
Every other year, University of Illinois ag economists update their projected costs of machinery, and for 2021 the costs would have been much higher had interest rates not been so low.
Pork Processing Line Speeds May Resume Under Proposal
The National Pork Producers Council is reporting that USDA may allow harvesting line speeds at pork packing plants to increase, under a proposal being considered by the White House.
Agriculture Today 10/18
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Mike Lung
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Mike Lung with Allendale Brokerage.
Soybean Exports Impressive While Cotton Hits Marketing-Year Low
Although exports have been strong this marketing year, sales and exports for cotton are lower after futures prices in New York hit their highest level in 10 years.
Southern Plains Agricultural Bankers Remain Optimistic About Future
“This could be the best crop year we have had in several years,” exclaimed one banker in the 11th Federal Reserve District’s quarterly survey when asked about current conditions last month.
Historically, Nothing Cures High Prices Like High Prices
If history repeats itself, then agriculture knows what lies ahead. The question is now, what will the industry do.
Agriculture Today 10/15
Your daily look at what’s impacting agriculture around the globe.
CoBank: Agricultural Uncertainty is Theme in Upcoming Days
Grain and oilseed prices have slipped from their third-quarter highs but may rebound due to short-term tight supplies and increasing demand for renewable biofuels.
Increasing Export Taxes, Decreasing Wheat Production Hitting Russia
According to the Russian Ministry of Agriculture, wheat exports are down 12 percent from last year due to rising taxes.
FAPRI: Lower Crop Prices, Higher Beef in 2022
If projections from University of Missouri economists are correct, lower prices are coming for corn, soybeans, and hogs, but higher prices for cattle.
Agriculture Today 10/14
Your daily look at what’s impacting agriculture around the globe.
Labor Shortages and Supply Chain Constraints Still Present
Inflation projections are increasing as supply chain constraints and labor shortages continue to weigh on the economy, that’s according to the seven members of the Board of Governors of the Federal Reserve System.
Supply Chain Disruptions Outweighing Coronavirus in Higher Prices
Concerns over demand-destruction due to the coronavirus pandemic and corresponding economic shutdown, are now giving way to worries over the global supply chain bottlenecks affecting almost every industry both in the United States and abroad.
Agribusiness Report: Todd Wilkinson
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is NCBA Vice President Todd Wilkinson.
Rural Solutions Expected to Reach Sustainable Aviation Commitments
The Department of Energy recently announced a goal of at least 3 billion gallons of sustainable aviation fuel by the year 2030, with Secretary Jennifer Granholm saying she wanted to make sure that the airlines, industrial, and trucking sectors are decarbonized.
Agriculture Today 10/13
Your daily look at what’s impacting agriculture around the globe.
Shipping Container Issue Highlights Need to Address Infrastructure
As Congress and the White House continue to spar over what is and is not needed for infrastructure investments in the U.S., supply chain concerns continue to mount.
Agriculture Today 10/12
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Kody Bessent
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Plains Cotton Growers CEO Kody Bessent.
USDA: Corn and Soybean Production Higher, Cotton Lower
USDA’s National Agricultural Statistics Service released their October Crop Production Report on Tuesday, based on conditions as of October 1, 2021. Researchers believe the harvest for corn and soybeans will be greater than last year’s production, while the final U.S. cotton crop is expected to be smaller.