Supply Chain
Supply chain challenges consistently hit ag in 2022. While 2023 shows improvement with fertilizer availability, National Farm Machinery Show revealed the ag equipment sector is still fragile to supply problems.
Between the 2022 CHIPS Act and the 2022 Inflation Reduction Act, there’s a policy push to bring the production of both semiconductor chips and nitrogen to the U.S.
With Brazil’s March beans priced 80 cents lower than US beans, there are rumors grain contracts could be cancelled. Jon Scheve explains how this works and how farmers could be impacted.
As farmers prepare to plant this spring, 2023 isn’t as much of a guessing game in terms of certain inputs supplies. BASF says the company isn’t seeing a shortage of glufosinate this year.
From the docks of Southern California and Europe to the parcel hubs in the Midwest and the store shelves in New York, signs are growing that the global supply chain crisis is over.
“There is a problem with people thinking the pullback of Covid-zero measures is equivalent to the economy reopening, which it is not.” says Leland Miller, CEO of research firm China Beige Book.
Shippers urged the U.S. railroad regulator to create more competition in the industry during hearings in which Union Pacific was called to explain a spike in service restrictions.
According to Biden’s economic advisors, as many as 765,000 Americans — many union workers themselves — would have been put out of work in the first two weeks of shutdowns.
Pelosi said the House this week will “take up a bill adopting the tentative agreement—with no poison pills or changes to the negotiated terms—and send it to the Senate.” Some industry leaders feel it will pass.
Unions are arguing railroads haven’t done enough to address worker concerns, largely surrounding working conditions and paid time off.