AgDay
Hosted by Haley Bickelhaupt, AgDay provides the nation’s farmers and ranchers with the latest news, weather and business headlines, and features the people and places unique to the industry and small-town America.
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China contains the largest population of any country in the world. All those mouths drive demand across the globe and for your farm’s products.
“Nearly every working manager is more competent and comfortable doing tasks,” says Bob Milligan with Dairy Strategies. “That makes it easy to avoid the people side. It is rational but not effective.”
AgDay TV Markets Now: Oliver Sloup, Blue Line Futures, talks about how much more risk premium he anticipates the grain markets to add after a sharp rally Monday led by wheat.
In theory, adding a value-added enterprise sounds like the perfect reaction to fluctuating commodity prices.
The grain markets are playing a familiar tune—a song of higher prices. “We are truly in uncharted waters,” says Jerry Gulke, president of the Gulke Group. “There are so many things in motion.”
All eyes will be on USDA’s planting numbers on Thursday, March 31. Will acres swing hard to corn, soybeans or be split down the middle?
What should you know ahead of USDA’s March 31 reports? Read through our team’s comprehensive coverage.
A friendly WASDE report, combined with other factors, helped grain prices jump. This put added pressure on the spring acreage mix.
Inflation is exceptionally difficult to tame, says Chip Flory, Farm Journal Economist and “AgriTalk” Host: “To tame it, you have to kill it. If you kill it, you kill the economy, and it sends you into recession.”