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Agriculture
Intelligence Report

Oct 13, 2021

Massachusetts Takes Major Step Against Pork Sale Restrictions

The Massachusetts House, by an overwhelming margin of 156-1, voted to delay a provision of the Question 3 initiative until January 1, 2023 that will prohibit the sale of pork that doesn’t meet the state’s production standards. This move was championed by the National Pork Producers Council (NPPC),...

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Oct 13, 2021

AgPack Partner Summit Develops Strategies for CAD Future

Your CAD team and AgPack Partners were excited to come together in person for the Ag Pack Partner Summit after almost two years apart. We were generously hosted at the RFDTV corporate retreat center in the beautiful New Mexico mountainside for three days of strategy development and team building....

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Oct 6, 2021

Ag Equipment: How Long Will the Boom Continue?

Agriculture and construction equipment manufacturers are particularly upbeat about the prospects for future sales. Results from AEM’s Q2 member survey were just as strong as the first quarter.

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Oct 6, 2021

Farmer Sentiment Declines Slightly in September, Inflation Expectations Jump

The Purdue University/CME Group Ag Economy Barometer declined in September, down 14 points to a reading of 124. Producers felt less optimistic about both current conditions on their farming operations as well as their expectations for the future.

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Oct 6, 2021

National Pork Month - a Chance to Share Some Fun Pork Facts

October is National Pork Month. This year, we're celebrating with funny pig/pork product memes. However, we also understand that raising hogs and producing pork is serious business that involves so many people.

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Oct 6, 2021

John Deere, UAW Reach Tentative Labor Agreement

United Auto Workers (UAW) members still need to ratify the agreement, but it appears Deere & Company has dodged a potentially disrupting labor strike at a time when it’s all hands-on deck to build machinery to meet growing demand.

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Oct 6, 2021

Citrus Growers Use Trained Dogs to Sniff Out Pests

Trained dogs are a new tool for citrus growers to seek and destroy Asian citrus psyllid (ACP) populations in their groves.

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Oct 6, 2021

Soyfoods and Brain Health

The U.S. Soybean Export Council (USSEC) tracks trends that may represent global market opportunities for U.S.-grown soy. As evolving consumer priorities elevate health, wellness and nutrition considerations, soyfoods may gain additional traction globally. Research on soyfoods and depression is an...

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Sep 30, 2021

Look Beyond Your Lot

The lack of availability seems to be a common theme these days along with price escalation/inflation. The International Chamber of Shipping (ICS), a coalition of truck drivers, seafarers and airline workers has warned in a letter to heads of state attending the United Nations General Assembly that...

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Sep 29, 2021

Top Economist Says Overall Farm Health is High and Bankruptcies Declining

A top ag economist says farm bankruptcy and loan delinquency rates have dropped in the last two years. Jackson Takach, Chief Economist with Farmer Mac, recently stated, “A lot of that has to do with some of the excess cash that came from the government support payments, but then followed up with...

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Sep 29, 2021

Biden Administration Offers Ag Trade Strategy

Moving forward, the Biden administration continues to look to uphold current trade agreements, rather than make bold steps outward on advancing ag market access. Both Secretary of Agriculture Tom Vilsack and U.S. Trade Representative Ambassador Katherine Tai spoke during the annual meeting of the...

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Sep 29, 2021

Minnesota Grain Handler Targeted in Ransomware Attack

Minnesota agricultural firm Crystal Valley Cooperative said it had been targeted in a ransomware attack in recent days, making it the second Midwestern farm-services provider in a week to be forced to take systems offline due to cybersecurity incidents.

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Sep 29, 2021

U.S. Pledges $10 Billion to Food Security at UN Summit

Ag Secretary Tom Vilsack announced the U.S. is committing $10 billion to improve food systems in our country and across the globe as part of the United Nation’s Food Systems Summit. The funds will be split equally between domestic and international efforts.

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Sep 29, 2021

OCM, Farm Groups Lobby for Commodity Checkoff Reform

Two bills that would restructure and increase transparency for agriculture checkoff programs have been reintroduced into the U.S. Senate - the Opportunities for Fairness in Farming Act (OFF) and the Voluntary Checkoff Bill. The bills would make checkoff programs more responsive to contributors and...

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Sep 29, 2021

Fewer Turkeys Being Raised in 2021

The USDA is projecting the number of turkeys raised in the U.S. this year at 214 million head, which would be down 4% from the 2020 total of 224 million head.Minnesota has the largest inventory at 40.5 million turkeys, up 1%, the only major production state expected to see an increase. Second place...

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