Agriculture Today 4/7
Your daily look at what’s impacting agriculture around the globe.
Philippine Government Offers Huge Opportunity for Pork Producers
To combat rising pork prices and stabilize supplies, the Philippine government has announced a plan to provide more market access for pork imports.
Agribusiness Report: Pete Buttigieg
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 Transportation Secretary Pete Buttigieg.
Outlook for Trade Uncertain Due to COVID Recession
While global economic growth is expected following the COVID-induced recession of 2020, the speed of recovery is uncertain due to differences in how individual countries will manage economic response and recovery.
Increased Demand from China Drives Ag Exports Higher
Ag exports rebounded in 2020 with a 7 percent ($9 billion) increase from the previous year, according to data just released by the Foreign Agriculture Service.
Ag Economy Barometer Soars to Six Month High
The Purdue University/CME Group Ag Economy Barometer rose 12 points in March to a reading of 177, marking the highest reading for the barometer since October 2020.
Agriculture Today 4/6
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 Kody Bessent with Plains Cotton Growers
Kansas State Researcher: Swine Fever Spreading Through Feed
African swine fever is the most significant disease threat to swine globally, and recent introductions into previously negative countries has heightened the risk for disease spread.
WTO Offers Optimistic Forecast for World Trade Recovery
Prospects for a quick recovery in world trade have improved as merchandise trade expanded more rapidly than expected in the second half of last year.
U.S. Agricultural Exports Enjoy Second-Highest Level in History
Total U.S. agricultural exports in 2020 were nearly $146 billion, up almost 7 percent from 2019, and the second highest level on record after Calendar Year 2014.
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
Agriculture Today 4/5
Your daily look at what’s impacting agriculture around the globe.
Chinese Demand for U.S. Cotton Reduces Market Share
According to the Foreign Agricultural Service, Vietnam’s success in controlling COVID-19 has allowed textile and garment companies to maintain their operations, despite short-term disruptions.
Brazilian Soybean Growers Experiencing a Ten-fold Production Increase
Soybean production in Brazil over the past 30 years has increased almost ninefold according to data from the National Supply Company and presented by the University of Illinois’ FarmDoc.
Agribusiness Report: Will McIntee
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 Will McIntee with the White House office of Public Engagement
Agriculture Today 4/2
Your daily look at what’s impacting agriculture around the globe.
Despite Drought, Mexico Growing More Cotton in 2021
Mexico’s cotton production is forecast to increase 22 percent for this marketing year on increased global prices and ongoing drought conditions favoring cotton production over other more water-reliant crops.
Farmers Receiving Larger Share of the “Food Dollar”
For every dollar spent by a consumer on domestically produced food in 2019, U.S. farmers received just 14.3¢ of that “food dollar” on average.
China Continues Filling Grocery Cart With U.S. Exports
USDA’s Weekly Export Sales Report for the week ending March 25, 2021, produced a surprisingly large week of sales for pork thanks to China.
Agriculture Today 4/1
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Mary-Thomas Hart
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 Jeff Harrison with Combest, Sell & Associates
Biden’s New $2.3 Trillion Infrastructure Plan Targets Rural America
As part of his $2.3 trillion infrastructure proposal plan, President Biden is proposing $5 billion for a new Rural Partnership Program to help rural regions with economic development.
Quarterly Grain Stocks Report Bullish for Most Commodities
With more countries beginning to reopen from the COVID-19 shutdowns, export demand for U.S. commodities is increasing, a fact highlighted in USDA’s latest Quarterly Stocks report.
Missouri Farmers Looking to Crack Carbon Credit Code
As the Biden Administration and Congress push forward their climate change agenda, including massive reductions in emissions and sequestration of carbon, some Missouri growers will get to determine if agricultural carbon markets hold any promise for producers across the country.
Agriculture Today 3/31
Your daily look at what’s impacting agriculture around the globe.
Soybean Acreage Increases Highlight Annual Prospective Plantings Report
Once every year, USDA releases their estimates on prospective plantings in the United States. For 2021, that report places the expectations for soybean plantings at 91.1 million acres, a 5 percent increase over last year.
Agribusiness Report: Mary-Thomas Hart
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 Mary-Thomas Hart with National Cattlemen’s Beef Association
Most Agricultural Landlords Live Within Hour of Farms
What role do most landlords have in the operation of their farms? That’s a question the Economic Research Service has been asking.
Legislation Filed Mandating Packer Transparency in Cattle Trade
Two farm-state Senators have introduced a bill that requires meat processing facilities to purchase fifty percent of their weekly volume of beef slaughter on the open market.
Agriculture Today 3/30
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Mark Brown
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 Mark Brown with Plains Cotton Growers
Federal Reserve: Agricultural Conditions Improving Across Southern U.S.
According to the Dallas branch of the Federal Reserve Bank, ag lenders noted good crop yields and rising prices, while also expressing caution about continued dry conditions.
Pork Stocks Expanding, Prices Improving, Export Demand Growing
USDA is projecting ending stocks for pork in the United States during February 2021 to grow 24 percent above levels last February.
Senators File Legislation Aimed at Increased Rural Investment
A bipartisan group of U.S. Senators has introduced legislation that would incentivize capital improvements in rural America.
Deflation in US Dollar Coincides With Export Demand
As commodity prices began to rally in 2020, it coincided with a rapid deflation in the U.S. Dollar, providing a major boost in exports
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.
Agriculture Today 3/29
Your daily look at what’s impacting agriculture around the globe.
Precision Ag Technology Providing Path to Farmer Profitability
The future of precision ag technology is here and offering a wealth of ag data according to a recent report from AgAmerica Lending.
Despite Recent Rally, China’s Phase One Purchases Sputtering
As the Phase One Trade Agreement between the United States and China concludes its first year, the Peterson Institute for International Economics says China’s purchases of all covered products are below the year-to-date target.
Agriculture Today 3/26
Your daily look at what’s impacting agriculture around the globe.
Agricultural Banks Remain Financially Strong, Farm Loans Declining
Agricultural loan balances at commercial banks reached a five-year low in the fourth quarter and continued to shift toward farm real estate.
Agribusiness Report: Dr. Bart Fischer
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 Dr. Bart Fischer with Texas A&M University.
Allendale’s Annual Acreage Estimates Ahead of USDA Report
Traders, and analysts are preparing for two reports from USDA.
If Estate Taxes Tighten, Majority of Land Sells
Why does agriculture continue to lobby for permanent repeal of the Estate Tax? According to the American Farm Bureau Federation, the answer is 3,700 acres.
Agribusiness Report: Tom Vilsack
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 Agriculture Secretary Tom Vilsack
Agriculture Today 3/25
Your daily look at what’s impacting agriculture around the globe.
USDA Announces Restart to CFAP Under New Program
USDA unveiled their new Pandemic Assistance for Producers program this week, establishing new programs and efforts to bring financial assistance to farmers, ranchers, and producers who felt the impact of COVID-19 market disruptions.
Bipartisan Legislation Would Assist New Farmers and Ranchers
Two members of Illinois’ Congressional delegation have introduced bipartisan legislation will help ensure that agricultural producers, especially those just getting started, have access to credit to expand or diversify their operations.
Equipment Manufacturers Expecting Sales to Increase in 2021
As the industry emerges from a full year under the COVID-19 cloud, a majority of equipment manufacturers report a positive outlook for 2021.