Farm Economy
Headwinds in interest rates, inflation and commodity prices seem to have little impact on land values, though single-digit decreases in Indiana, Kentucky, Michigan and Ohio have been reported.
The Federal Reserve has four more chances this calendar year to cut interest rates. Since July 2023, the system has kept its benchmark interest rate steady at a 23-year high of 5.25% to 5.5%.
Ag economists’ views on the ag economy took a dive in the first Ag Economists’ Monthly Monitor of 2024; however, relatively strong balance sheets and working capital could provide a cushion for 2024.
The national average for a gallon of gas is now $3.07, the lowest since 2021.
Findings from CoBank’s new quarterly report provides updates on the U.S. economy and agricultural markets.
The question before the dairy industry and USDA’s Dairy Industry Advisory Committee is where we go from here.
“Uncertainty about the future is creating consternation among producers,” says Tony Mendes, who milks 1,400 cows near Riverdale, Calif. “We’re preoccupied with survival.”
“Is competition healthy enough to protect farmers, and if not, what do we do about it?”
As dairy price support levels become less and less relevant to cost-of-production levels, milk price volatility has brought cash flows from booming highs to crushing lows.
A growing number of U.S. dairy processors are expanding their exporting efforts to capture emerging opportunities abroad.
Once upon a time, all the world’s dairy suppliers wanted to sell to the U.S.
Bonus content: To receive a complete list of “Behavior-based Questions for Agricultural Positions,” send an e-mail to don@dontyler.com . The bleak unemployment numbers rolling out of federal and state government offices month after month are a dark cloud for the overall U.S. economy. But there can be a silver lining for employers looking to fill key positions
Saudi Arabia is biggest market in Gulf region for Irish food.
The best way for ConAgra Foods Inc. to commemorate the two-year anniversary of buying Ralcorp Holdings Inc. may be to undo the deal.
BRIAN WILLIAMS, anchor: Now we turn from politics to food prices, specifically a noticeable rise in prices. They’re way up in some cases, and the experts who watch these things say they’ll keep going up over the coming months as farmers struggle with bad weather and lousy harvests as a result. But is there any relief in sight?
Farm Journal’s Washington Editor Roger Bernard is covering the event today.
A trade deal with China continues to weigh on the minds of producers in the new ag barometer from Purdue University and CME Group.
Nutella Maker to Pay $2.8 Billion for Nestle U.S. Candy Unit
Nafta Negotiators Placing Top Focus on Carmaking and Finance
In April, Grassland Dairy Products, located in Greenwood, Wisc., notified its producers they had until the end of the month to find a new processor.
It’s been more than a year of sustained low milk prices. For small farms like Sugar Hill Dairy, a first-generation operation started 15 years ago in Kersey, Colo., that means difficult choices.
Nearly 400 dairy farms went out of business in Wisconsin last year.
Huishan shares dropped as much as 4.3% before being suspended.
New Hampshire governor endorses aid for ailing dairy farmers
Few places in Pennsylvania have seen a more dramatic decline than Erie County, where the number of dairy farms fell 57 percent between 2002 and 2012, sliding from 170 to just 73.
New Zealand dairy crisis spurs debate over Fonterra’s strategy, while approximately 80% of Kiwi dairy farmers are operating at a loss.
Path to farm ownership in New Zealand jeopardized by downturn.
Minnesota’s crop, livestock and dairy farmers are suffering with continuing rock bottom prices for their commodities, driving some into bankruptcy.
Hungarian dairy farmers have marched with some 50 cows near parliament asking the government to lower taxes on all dairy products while claiming that support from Hungary and the European Union is insufficient and ineffective.