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Agriculture
Intelligence Report

Paul Kindinger

Recent Posts

Sep 21, 2022

ADM and PepsiCo Support Farmers with Regenerative Ag

ADM and PepsiCo announced a groundbreaking 7.5-year strategic commercial agreement to closely collaborate on projects that aim to significantly expand regenerative agriculture across their shared North American supply chains. This strategic partnership is expected to reach up to 2 million acres by...

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Sep 12, 2022

Combines and Large Tractors Selling Like Hotcakes

The Association of Equipment Manufacturers’ (AEM) August report of U.S. tractor and combine sales shows total tractor sales down by 14.5% year-to-date. Combine sales, on the other hand, are up 2.7% YTD and a whopping 25.8% from the comparable month last year. Dig further and the report reveals that...

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Sep 12, 2022

Farmer Sentiment Even Higher in August Survey

The Purdue University/CME Group Ag Economy Barometer farmer sentiment index rose 14 points in August to a reading of 117. The rise in the overall measure of agricultural producer sentiment was driven by increases in both the Index of Current Conditions, which rose 9 points to 118, and the Index of...

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Sep 12, 2022

Walmart Invests in Proposed Nebraska Packing Plant

Walmart announced recently that it will invest in Sustainable Beef LLC, the proposed $325 million beef processing facility in North Platte, Nebraska. In a statement, Walmart said it has signed an agreement to acquire a minority stake in the rancher-owned start up.

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Sep 12, 2022

Wind and Solar “Invading” Crop Land

A central Illinois farmer is concerned that quality Midwest farmland is being taken over by new wind and solar power infrastructure. Len Corzine of Assumption, Illinois told Brownfield Ag Network, as legislators create cleaner energy policies, they forget to add in the cost of farmland retirement.

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Sep 12, 2022

Debate on Methane from Cows

The Environmental Protection Agency (EPA) would be banned from requiring livestock operations to seek permits or pay fees such as a "cow tax" for methane or other biological livestock emissions under a bill that recently received a hearing in the U.S. Senate.

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Sep 5, 2022

Farm Income Expected to Rise Again in 2022

The USDA says it expects farm income for 2022 to rise 5.2%, to $147.7 billion, from a year earlier, with cash receipts for agricultural commodities at a record level. But higher production expenses and lower government Covid-19 payments are potential headwinds.

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Sep 5, 2022

Rabobank Report Says Consumers Pulling Back on Food Dollars

In last week’s AIR, we shared that Walmart is seeing an uptick in people shopping at their stores. Many of those people are new to Walmart. Furthermore, this week, according to the latest Rabobank North American Agribusiness Review, consumers are adjusting purchases of food in response to inflation.

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Sep 5, 2022

Agricultural Drone Spraying Taking Off

Agricultural drone spraying is no passing fad — at least according to KD Bohon. Bohon is the Business Development Manager at Agri Spray Drones, so, of course that’s what you would expect him to say. But a captivated audience at a recent spray demo in Jackson, Tennessee, tells its own story, as do...

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Sep 5, 2022

Cummins & Versatile to Collaborate on Hydrogen Engine

Cummins Inc. and Buhler Industries Inc., a leading tractor manufacturer under the Versatile brand, announced recently that they have signed a letter of intent and plan to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment to lead the decarbonization of the agriculture market. 

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Sep 5, 2022

Soy-based Asphalt Enhances Longevity

Soybean checkoff dollars around the country are being used to develop new products to add value to soybeans. One project was highlighted at the 2022 Farm Progress Show in Boone, Iowa.

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Aug 30, 2022

What Can CAD Members Learn from Deere’s Multi-Pronged Approach to Order Backlog

According to a recent report from Supply Chain Dive, John Deere is taking multiple steps to improve its components supplies and improve its inventory levels. This includes dual-sourcing components, investing in additional manufacturing capacity for some of its suppliers and keeping a larger...

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Aug 30, 2022

Soy Export Markets Thriving

According to USDA data, soybeans remain the top food and agricultural export for the United States.

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Aug 30, 2022

Fewer Hog Farms, But Far More Hogs Per Farm

In the space of a generation, U.S. hog production has transformed, even in the Midwest, with Iowa still the leader, according to a new USDA Hogs and Pigs report. There were half as many hog farms in the country in 2017 as there were in 1997, and the largest farms, often highly specialized...

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Aug 30, 2022

Rise of Precision Agriculture Exposes Food System to New Threats

Farmers are adopting precision agriculture, using data collected by GPS, satellite imagery, internet-connected sensors and other technologies to farm more efficiently. While these practices could help increase crop yields and reduce costs, the technology behind the practices is creating...

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