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Data released by USDA on Monday shows the farm share of the U.S. food dollar hit an all-time low in 2021. However, USDA says the decrease doesn’t necessarily mean producers are making less.
West Texas intermediate crude oil prices hit an 11-month low of $73.60 per barrel Monday before rebounding to close higher. So, what is driving the market and how long will these lower price levels last?
Thompson is gearing up to replace Rep. Scott as the House Ag chairman in Jan. With his new title in tow, Thompson will be working alongside current Senate Ag Chairwoman Stabenow to pass farm bill 2023.
Farmers in dry climates are taking a holistic approach to flipping their soil to make it healthier and that includes cover crops.
Unions and railroads are back at the negotiating table. By law, Congress can intervene to impose an agreement if the two sides remain deadlocked. However, one union is now on schedule to strike Dec. 5.
Farmers and livestock producers are facing another headache this fall. In parts of the eastern corn belt there are reports of vomitoxin in corn.
A steaming heap of manure large enough to fill a sporting arena once triggered an Iowa war between stockyards and city fathers.
We now have the hottest used farm equipment market I’ve ever seen, and a Nov. 6 auction in Maryland is the hottest auction I’ve seen in my 32 years of tracking prices.
Volatility was the headline in the commodity markets this week. From fears Russia was invading Poland to then news the U.N. Grain Deal would be extended, the commodity markets saw extremes.
Most now look for President Biden to increase his use of executive orders and regulations to fulfill some other goals, including those in the coming farm bill.