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Agriculture
Intelligence Report

Jan 23, 2024

Combines and 4WD Tractors Close Out 2023 With Gains, Other Segments Declined

Year-over-year sales for combines, 4WD tractors and 100+ hp 2WD tractors closed out 2023 with gains compared with 2022. All other market segments declined in 2023, according to sales numbers from the Association of Equipment Manufacturers (AEM).

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Jan 23, 2024

Ethanol Market Forecast to Grow 63% to $153 Billion in 10 Years

The Ethanol market size was valued at $94.2 billion in 2022 and is anticipated to reach $153.5 billion by 2032. Ethanol is a versatile biofuel that has emerged as a crucial factor for transitioning to a sustainable and eco-friendly future. In addition, the growing concern of the purported...

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Jan 23, 2024

Blizzards Don’t Stop Farm Work

During that wicked cold spell earlier this month – the one with wind, subzero temperatures and snow – many people didn’t set foot out of the house for days.

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Jan 23, 2024

Is Foreign Farmland Ownership Putting the ‘Land of The Free’ at Risk?

How does a sale of 300 acres of farmland in the middle of nowhere suddenly become a geopolitical flash point between the world’s two superpowers?  

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Jan 23, 2024

John Deere Announces Strategic Partnership with SpaceX

Deere & Company announced recently it has entered into an agreement with SpaceX to provide satellite communications (SATCOM) service to farmers. Utilizing the Starlink network, this solution will allow farmers facing rural connectivity challenges to fully leverage precision agriculture...

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Jan 23, 2024

Latest Tech Shakes Up Fertilizer, Herbicide Space

New nitrogen sources, herbicide encapsulation and smart spraying offer novel crop production methods.

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Jan 15, 2024

Gasbuddy Gives Optimistic Diesel Market Outlook

A fuel economist says diesel prices have softened recently and the outlook is favorable for farmers moving forward.

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Jan 15, 2024

Attacks in the Red Sea Could Open the Door for More Corn Exports

Global shipping issues are mounting. From drought issues posing problems in the Panama Canal to growing tensions and attacks in the Red Sea, it's causing freight rates to skyrocket and ongoing delays in shipping products around the globe. 

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Jan 15, 2024

Inflation Pushes Higher in December

Though retail prices for fresh produce were down compared with a year ago, the inflation rate for all consumer prices ticked higher in December, reports the U.S. Department of Commerce.

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Jan 15, 2024

2024 Brings Resilient Ag Land Market

Despite increasing pressure from current commodity markets, rising interest rates and inflation, the land market seems to be moving into 2024 maintaining the value increases it has built during the past three years, says Omaha-based Farmers National Company (FNC).

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Jan 15, 2024

What Will it Take to Feed the World by 2050?

The global population continues to grow. By 2050, the population is projected to total 9.7 billion people. That’s nearly 2 billion more folks on the planet than today. 

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Jan 15, 2024

The World's Largest Hat Collection You Have to See to Believe

In the 1960s, Scott Legried’s dad was farming in Frost, Minnesota, as well as selling livestock equipment and snowmobiles.  He was on the road and would occasionally be given a hat by those with whom he did business. 

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Jan 7, 2024

Apple Crop Rebounds Giving Retailers Promotion Opportunities Aplenty

The U.S. Apple Association said inventories as of December 2023 were up about 33% above this same time last year. Buoyed by a supersized crop this year, marketers say this season promises to offer retailers ample opportunities to put the spotlight on apples.

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Jan 7, 2024

Nearly 80 Million Birds Die During Almost Two Years of Bird Flu

One-fourth of U.S. losses to bird flu in outbreaks that began in early 2022 were recorded in the past three months, when the viral disease staged a resurgence, according to USDA data recently released. Some 20.9 million birds were culled in infected domestic flocks from October through December...

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Jan 7, 2024

Need for Energy Security Underscored

According to Foreign Affairs Magazine, “the number, intensity, and length of violent conflicts worldwide is at its highest level since before the end of the Cold War.” This unprecedented contemporary level of global discord introduces significant uncertainty into the commodity markets – and for...

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