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Short-dated new crop options help farmers manage risk around USDA reports or other market-moving events with a lower premium. Geopolitical events have introduced new risks for producers in 2022.
Sen. John Boozman (R-Ark.), ranking panel member reveals he had ‘spirited conversations’ and ‘unsuccessfully attempted to secure the expert opinion of the Office of the Chief Economist on S 4030.’
Farmers and ranchers have had to endure high winds for months. The powerful gusts haven’t just been annoying; it’s caused disasters across the U.S. High winds have been the culprit of wildfires and more.
Indonesia’s ban on palm oil exports is unlikely to last more than a month as Jakarta has limited infrastructure to store the surplus oil and the country faces mounting pressure from buyers, industry officials said.
USDA’s 2022 food price inflation forecasts are already at a 14-year high with forecasts for consumer food price inflation increased again this month. All food prices now seen rising 5% to 6% vs 4.5% to 5.5% in March.
Bees, butterflies and other pollinators play a valuable role in food production. Farmers can do their part to protect pollinators by implementing these best management practices.