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Agriculture
Intelligence Report

May 2, 2022

CNH Dealers Concerned with UAW Contract Negotiations

Early in April, UAW Locals 180 and 807 members passed a strike authorization in the union's ongoing negotiations with CNH Industrial. The vote did not call a strike but instead gives the union the ability to call a strike on the workers' behalf should it be deemed necessary. The union’s contract...

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Apr 27, 2022

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Apr 27, 2022

Continued Strong Farm Income Forecast by FAPRI

A group of leading ag economists is projecting strong net farm incomes for the next couple years. John Kruse is with the University of Missouri's Food and Agricultural Policy Research Institute (FAPRI). "We've got very strong commodity prices leading us to very strong net farm income levels," Kruse...

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Apr 27, 2022

Feeding America Organization Expects the U.S. Food Crisis to Worsen

The Feeding America network of food banks is in every county in the country, and its programs help provide meals to children, seniors, families, and survivors of natural disasters.

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Apr 27, 2022

Unfilled Grain Car Orders Increased Nearly 50% in 2021

Recent analysis by American Farm Bureau finds the number of unfilled grain car orders increased by nearly 50 percent last year.

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Apr 27, 2022

Tax Subsidies Could Help Reduce Trucker Shortage

A Democrat and Republican in the House have teamed up to propose legislation that would provide new tax credits as an incentive to attract and retain additional truck drivers.

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Apr 27, 2022

Texas is Now the Third Largest Dairy State – Passes Idaho

Texas milk production growth has steadily risen over the last two decades. The latest USDA March 2022 Milk Production report shows the Lone Star State climbed 6.7%, which helped them push past Idaho, to now rank number three for milk production.According to Juan Piñeiro, Assistant Professor and...

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Apr 27, 2022

Confusion Reigns When It Comes to Organic Foods

A lack of clarity about organic foods is making it more difficult for consumers to trust the industry, according to a new survey from the Edelman public relations firm. “There is widespread confusion about what it means to be organic,” the survey said, adding “trust in organic foods is being held...

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Apr 20, 2022

What’s Next for E15 After Biden’s Announcement?

The last time a sitting President visited an ethanol plant was to announce the availability of year-round E15 by then President Donald Trump. With Biden’s visit to an Iowa ethanol plant on April 12, he too offered a path forward for year-round E15 use.

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Apr 20, 2022

Utility Tractor Sales Hold Firm as Rest of Equipment Market Weakens

Sales of utility tractors remain one bright spot in a weakening tractor and combine market. After nearly two years of rising small-tractor sales in the United States, March marked a sharp decline in the sale of tractors under 100 horsepower, according to the March 2022 Ag Tractor and Combine Report...

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Apr 20, 2022

Lithuania Opens Its Port to Export Ukraine Grain

Ukrainian farmers will be able to use the Lithuanian port of Klaipeda to export corn and other ag commodities, according to the consulting firm APK Inform. The two countries are working to sync railway lines and run shipments through Poland to get to the port."We have been cooperating with the...

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Apr 20, 2022

Cattle on Feed at Highest Level Since March 1996

Hitting the highest March inventory number since 1996, cattle and calves on feed for slaughter totaled 12.2 million in USDA's latest Cattle on Feed report.Not only was this a high-water mark, but it was a 1% bump over 2021 levels. The numbers focused only on feedlots with a capacity of 1,000 head...

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Apr 20, 2022

Bird Flu Now in 29 States – From Idaho to Pennsylvania

Recent laboratory tests confirmed highly pathogenic avian influenza (HPAI) in three additional states - Pennsylvania, Idaho, and Utah - with losses in domestic flocks nearing 27.4 million birds, according to the U.S. Department of Agriculture. The first outbreak in Pennsylvania, at an egg farm in...

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Apr 20, 2022

Driscoll’s and Plenty Commit to Build Their First Commercial  Vertical Strawberry Farm

The global market leaders in premium berries and innovative indoor vertical farming have collaborated to drive category growth in top berry loving cities in the Northeast.

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Apr 6, 2022

Five Macro-Economic Factors to Watch in 2022

For the last two years, economists Brent Gloy and David Widmar have carved out time each spring to summarize a few key macroeconomic factors to watch. In 2020, they wondered about the massive economic contraction as the COVID virus shut down the economy. Last year, Gloy and Widmar were optimistic...

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