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Agriculture
Intelligence Report

Paul Kindinger

Recent Posts

Mar 17, 2022

U.S. Ag Tractor Unit Sales Positive in February

All U.S. tractor segments were positive in February according to the latest data from the Association of Equipment Manufacturers (AEM).

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Mar 17, 2022

Agricultural Companies Pull Out of Russia

The United Nations is scaling up its efforts to prevent a global food supply crisis as Russia’s invasion of Ukraine disrupts agriculture in one of the world’s leading breadbaskets. In addition, agricultural companies are adding their names to the growing list of global corporations to curtail...

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Mar 17, 2022

Wheat Prices Increase at Record Pace

The May Chicago wheat futures contract recently closed 41% higher than the prior week, a record-breaking weekly gain that reflects global fears about wheat supplies and exports amid Ukraine and Russia's war.

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Mar 17, 2022

Sugar Farming

The sugar you sprinkled into your coffee this morning was likely grown by a farmer here in the U.S. Beet sugar is grown in eleven northern states and sugarcane is grown in three southern states. There is no difference in the sugars.

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Mar 17, 2022

CNH & UAW to Negotiate New Labor Contract in April

According to statements from union officials, United Auto Workers (UAW) will begin negotiating a 6-year contract with Case New Holland (CNH) in early April. UAW International Director of Public Relations Brian Rothenberg confirmed that the union’s contract covering Case IH workers will expire on...

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Mar 16, 2022

Young Consumers Place Heavy Emphasis on Sustainability

The Packer's 2022 Fresh Trends report finds that 46% of shoppers say they seek out companies that are "environmentally aware”, especially shoppers with an income of $100K or more per year. There also is a big disparity in how younger consumers look at the issue compared with older consumers....

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Mar 9, 2022

Learn What USDA’s Chief Economist Says About the 2022 Ag Outlook

Speaking at USDA’s virtual Agricultural Outlook Forum, USDA Chief Economist, Seth Meyer, provided a broad outlook for U.S. agriculture. Here is an overview of key aspects of Dr. Meyer’s presentation.

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Mar 9, 2022

Corn for Ethanol Demand Up in 2021

The USDA says 5.152 billion bushels of U.S. corn were consumed for ethanol production in 2021. That’s an increase of 8% from 2020, when production was constrained by the pandemic.The Renewable Fuels Association says last year’s blend rate was a record 10.34% of every gallon of gasoline sold, with...

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Mar 9, 2022

The Latest Warning Signs on Food Costs

The UN Food and Agriculture Organization (FAO) is reporting that global food prices hit their highest level on record last month, and that doesn’t account for the full effects of the Ukraine crisis. FAO’s food price index averaged 140.7 points in February, which beat the previous high in February...

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Mar 9, 2022

Growing Market for U.S. Hops in Brazil

While Brazil is the largest soybean competitor to the U.S., the South American giant is also a customer for U.S. hops, and that trade continues to increase, according to a new analysis from USDA’s Foreign Agricultural Service (FAS). The U.S. exported 1,163 metric tons of hops to Brazil last year as...

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Mar 9, 2022

Survey Finds Poor or No Internet for 3 in 10 of Largest U.S. Farmers

A sizable portion of America’s largest farmers are unable to take advantage of many applications and services on the internet because they don’t have a connection or it is of poor quality, according to a Purdue University survey released this week. The gap in access exists at the same time the...

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Mar 9, 2022

BIRD FLU UPDATE:  12 States, 1.9 Million Birds Dead

Highly Pathogenic Avian Influenza (HPAI), commonly known as bird flu, was recently identified in three more states — Missouri, Maryland and South Dakota, according to USDA. Since the first case was confirmed on February 8 on a turkey farm in southern Indiana, HPAI has been found in 21 domestic...

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Mar 2, 2022

Inflation to Persist Amid Energy, Supply Woes

In January 2022, inflation reached its highest yearly increase at 7.5% in nearly 40 years. But are these high rates here to stay, or are they only a temporary symptom of COVID-19 and the recent supply chain-related disruptions?

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Mar 2, 2022

Farmer Sentiment Rises; Concern Over Production Costs Remains

Farmer sentiment continues to fluctuate month-to-month as the Purdue University/CME Group Ag Economy Barometer rose 6 points to a reading of 125 in February, a mirror image of the previous month. The Index of Current Conditions was down 1 point to a reading of 132, while the Index of Future...

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Mar 2, 2022

U.S. Sending $54 million in Food, Emergency Supplies to Ukrainians

The U.S. Agency for International Development and State Department are dispatching $54 million in food, water, hygiene supplies, blankets and other emergency goods to Ukrainians trying to survive the invasion of Russian troops.“The United States is the single largest donor of humanitarian...

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