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Agriculture
Intelligence Report

Nov 14, 2022

Combine Sales Soar in October

Combine harvest sales show double-digit gains in October in the United States according to the Association of Equipment Manufacturers (AEM).

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Nov 14, 2022

Economic Activity Driving Farm Profits Even Higher

David Widmar with Agricultural Economic Insights says that while net farm income this year appears similar to last, there are some radical differences.

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Nov 14, 2022

Reinke, a Great AgPack® Partner Who Invests in the Future

Reinke Manufacturing, one of your AgPack® partners, is a leader in precision irrigation equipment. They have teamed up with FreeWave Technologies, a leader in industrial wireless connectivity, to form a partnership that will simplify data connectivity between irrigation systems and the cloud. This...

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Nov 14, 2022

Why the 2022 USDA Census of Agriculture is Important

America’s farmers and ranchers have the opportunity to be represented in the nation’s only comprehensive and impartial agriculture data for every state, county and territory. The U.S. Department of Agriculture (USDA) will mail the 2022 Census of Agriculture to millions of producers across the 50...

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Nov 14, 2022

Animal Ag is the Scapegoat for Los Angeles’ Massive Carbon Footprint

Sprawling skyscrapers requiring electricity and gas, a polluted, smog-filled skyline, insanely congested highways full of Green House Gas (GHG) emitting vehicles, and crowded living spaces amid a bustling, seemingly never restful, city. Does Los Angeles come to mind?

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Nov 8, 2022

U.S. Farm Exports Rise to Record High

Boosted by large increases in most sales categories, U.S. farm exports mushroomed to a record $196.4 billion in the fiscal year that ended September 30, according to newly released Commerce Department data. Sales were 14% higher than the previous mark of $172.7 billion, set one year ago in fiscal...

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Nov 8, 2022

Farmers/Ranchers Face Diesel Supply Concerns

Some farmers and ranchers across the Corn Belt have expressed concerns about the price and availability of diesel heading into winter. Fuel supplier Mansfield Energy, based in Georgia, recently issued an alert saying diesel shortages could be possible in the Southeastern part of the country.

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Nov 8, 2022

U.S. Ag Stopping China from Invading Taiwan?

Can U.S. agriculture stand between China and a war in Taiwan? According to economists, it can and is. “China’s own military released a report approximately two months ago that said the single main reason for China not to intervene in Taiwan directly is that the U.S. might see this as an excuse to...

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Nov 8, 2022

Thirty Percent of the Largest Farmers Have Poor or No Internet

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, said a Purdue University survey released recently. The gap in access exists at the same time the sector is...

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Nov 8, 2022

Nitrogen Fertilizer Made Different Than Ever Before

Since 2018, startup Nitricity has been working to make fertilizer in a different way than ever before.  The company refers to its process as “harnessing the power of lightning”. It has developed a system which requires three inputs: electricity, water, and air. 

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Nov 1, 2022

Fed Banks Offer Their Observations on the Ag Economy

The Federal Reserve Board released its October 2022 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the U.S. agricultural economy.* Sixth District- Atlanta- Agricultural conditions in the...

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Nov 1, 2022

Deere to Shift Production from China to U.S.

According to a recent report from SeekingAlpha, Deere is expanding its factory in Thibodaux, Louisiana, and adding 70 jobs.

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Nov 1, 2022

2022-2023 National FFA Officer Team Elected

The 2022‐23 National FFA Officer team was elected during the final session of the 95th National FFA Convention & Expo in Indianapolis. Students from Illinois, North Carolina, Oklahoma, Pennsylvania, Texas and Virginia were elected by National FFA Delegates to serve as 2022‐2023 National FFA...

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Nov 1, 2022

Russia Pulls Out of Ukrainian Grain Export Deal

Traders are bracing for a fresh spike in grain prices after Russia’s exit from a deal allowing Ukraine crops to move from the Black Sea to the countries most in need. The sudden move by Russia has left leaders scrambling to rescue the UN-and-Turkey-brokered agreement credited with saving vulnerable...

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Nov 1, 2022

Producers Express Concern About Interest Rate Policy

Farmer sentiment was slightly lower in October as the Purdue University/CME Group Ag Economy Barometer dropped to a reading of 102. Both of the barometer’s sub-indices also declined this month.

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