U.S. farm equity in 2022 is 27.7% higher than it was in 2017 and 42.7% higher than it was in 2012. During the last 10 years, net farm income was above the long-run average (i.e., average from 2007 to 2022) from 2012 to 2014, and in 2021 and 2022, but the increase in farm equity is due to more than...

The U.S. biofuels sector is well-positioned to play a major role in reducing greenhouse gas emissions by producing fuel using sources with lower carbon footprints. A new report from CoBank’s Knowledge Exchange shows the recent surge of investments in U.S. renewable diesel production capacity is...

Agricultural manufacturers are still struggling to get enough parts to continue to put together their products. Dr. Kanlaya Barr is Director of Corporate Economics with John Deere. She spoke at the recent Ag Outlook Forum in Kansas City and talked about the kinds of parts they’re regularly missing.

According to the latest report from the Association of Equipment Manufacturers (AEM), sales of combines and 100+ HP tractors increased by 6.6% and 9.6%, respectively, in September 2022 compared with the same month in 2021. All other categories declined in September and year-to-date. The largest...

Commercial barge traffic on southern stretches of the Mississippi River is at a standstill as low water levels have literally halted shipments of grain, fertilizer and other commodities on the critical waterway, shipping sources said.

A Mexican presidential decree to ban genetically modified (GM) corn in 2024 would have severe economic consequences for the U.S. and Mexican economies. A study from World Perspectives, Inc., says the move will result in a loss of billions for America’s farmers and higher prices for Mexican...

Florida farmers are facing widespread destruction after Hurricane Ian struck major fruit and vegetable-producing regions of the state. Florida's ag sector is a major supplier of winter-time produce for the rest of the U.S., and the damage will ripple through grocery stores for months to come....

The Purdue University-CME Group Ag Economy Barometer index drifted slightly lower to a reading of 112 in September which was 5 points lower than a month earlier. The decline in farmer sentiment was primarily the result of producers’ weaker perception of current conditions as the Current Conditions...

The farmland market is expected to remain strong going into 2023. Compeer Financial Senior Real Estate Appraiser Bill Mergen says he anticipates high bids at farm auctions this fall and winter despite rising interest rates.

Families can expect to pay record high prices at the grocery store for turkey this upcoming holiday season - thanks to the impacts of the bird flu and inflation. American Farm Bureau Federation economists analyzed turkey and egg costs in their latest Market Intel.The retail price for fresh...

The U.S. Supreme Court (SCOTUS) begins its 2022-2023 term Monday, and two of the cases it will consider will be closely watched by U.S. agriculture, particularly National Pork Producers Council (NPPC).The most important for pork producers is NPPC vs. Ross, the case against California's Proposition...

It’s comparable to the old investment company advertising that announced, essentially, “When our company speaks, everybody listens.”

USDA’s Chief Economist, Seth Meyer, says the ag economy remains strong, but volatility will likely continue through 2023. 

U.S. milk prices are on pace for a record-setting year. National Milk Producers Federation (NMPF) Chief Economist Peter Vitaliano says this year will likely top 2014’s all milk price record by nearly two dollars per hundredweight. “We’re looking at $25.70 right now as the likely average that’s...

The Biden Administration directed the Treasury-led committee that scrutinizes foreign investment in America to consider the national security impact any deals would have on U.S. technological leadership, including biotechnology and “elements of the agricultural industrial base that have...