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Agriculture
Intelligence Report

Oct 21, 2024

More Stable Hog Market in 2025

A swine lending specialist anticipates more stability in the hog market going into 2025. Daryl Timmerman with Compeer Financial also serves as President of the Minnesota Pork Producers Association.

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Oct 21, 2024

A Faint and Dim Light at the End of the Tunnel

Strong supply and favorable interest rates mean 2025 could be a more stable year for the machinery business.

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Oct 21, 2024

Speedy U.S. Corn and Soy Harvests Strain Farmers, Storage Capacity

U.S. farmers are harvesting two of the largest corn and soybean crops in history at the fastest pace in years, straining their physical capabilities and their grain storage capacity.

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Oct 21, 2024

Corn Harvest Nearly Halfway Complete

USDA released its 29th Crop Progress Report of the 2024 growing season on October 15. Here’s a look at the most recent corn, soybean, and wheat numbers.

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Oct 21, 2024

Study Warns of Major Risks to U.S. Farmers from Potential U.S./China Trade War

A recent economic study commissioned by the American Soybean Association (ASA) and the National Corn Growers Association (NCGA) highlights the potential negative consequences of a renewed U.S./China trade war on American farmers and rural communities. The study, conducted by the World Agricultural...

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Oct 21, 2024

2018 Farm Bill Extension Expires — What Does That Mean?

“The Farm Bill is kaput,” reported Food Safety News’ Dan Flynn.

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Oct 14, 2024

Early Corn Exports Much Higher

If the U.S. corn crop could make New Year’s resolutions, the 2024/2025 marketing year resolution – which began in September – would be “export more.” Corn had a strong start.

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Oct 14, 2024

U.S. Hog Inventory Up Slightly

Shortly before Pork Month (October) was ushered in, the swine industry got a glimpse at the latest numbers as the USDA’s National Agricultural Statistics Service issued the quarterly Hogs and Pigs Report.

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Oct 14, 2024

Ethanol, DDG Exports Strong

The U.S. Census Bureau announced U.S. exports of goods and services totaled $271.8 billion in August, up $5.3 billion from July. August imports totaled $342.2 billion, 3.2 billion less than July. The resulting trade deficit of $70.4 billion for August was down $8.4 billion from July. USDA later...

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Oct 14, 2024

Feds Continue to Phase Down Bonus Depreciation Over the Next Two Years

EDITOR’S TAKE:

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Oct 14, 2024

McDonald’s Sues Meat Companies for ‘Hamburglaring’ Consumers

Federal case alleges Cargill, JBS, Tyson, Swift and National Beef conspired to raise beef prices.

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Oct 14, 2024

1,265 Antique Tractors Parade Across Mackinac Bridge

It was a crisp morning with a breeze to add a little more bite, but it was no deterrence for the 1,265 antique tractor drivers that lined up to parade across the Mackinac Bridge.

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Oct 14, 2024

Farmers’ Almanac Teases a 2024-25 Winter Less Crazy than the Last

Farmers, get ready for a challenging winter. The 2025 Farmers’ Almanac predicts a cold, stormy season, far different from last year’s unusual weather anomalies.

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Oct 7, 2024

Hurricane Helene Causes Billions in Ag Damage

Bloomberg reported that “Hurricane Helene has halted chicken processing plants and caused severe damage to some flocks, while also downing pecan trees and flattening cotton crops, as floodwaters swamped the southern U.S.”

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Oct 7, 2024

What Happens When the Steak No Longer Fits on the Plate?

Beef Outlook: Oversized cattle are influencing consumer protein buying preferences.

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