Farm Economy
From increasing difficulty in accessing households due to new telephone technologies to concerns about data privacy and time constraints from farmers, the number of farmers participating in USDA surveys is on the decline.
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%.
The latest Ag Economists’ Monthly Monitor, a survey of nearly 70 ag economists from across the U.S., shows the lack of exports, as well as the current crop prices, are eroding outlooks on the crops side. While strong beef demand and cheaper feed prices are creating more optimism in cattle.
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.
For 14 straight months, the rural economy has posted healthy and consistent growth.
For 15 straight months, the rural economy has posted healthy and consistent growth.
What will the next decade hold for your farm? What factors should you use to weigh investments or crop planning? Here are five trends and data sets to ponder from USDA’s latest Agricultural Baseline Projections.
Billions in breaks for energy sought in ‘tax extenders’ bill.
Cargill Goes Tech With Plan to Nurture New Wave of Food Startups
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China’s largest online retailer to buy Montana beef
U.S. Is Said to Propose Freezing Mexican Trucks Out of New Nafta
JBS Says It’s Done With Asset Sales as Earnings Boost Outlook
Could dinner talk help bust through a NAFTA impasse?
The United States’ number one beef importer for value and volume is hiking its tariffs on U.S. beef products.
Cattle prices continue to plummet, falling below the dollar mark on Tuesday.
The seedstock industry is starting to feel the pressure of low cattle markets.
Saudi Cash Is a Bonanza for Once-Distressed Beef Bonds in Brazil
The price for uncooked beef steaks has come down recently, helping earnings at restaurant chains such as Texas Roadhouse Inc.
Cattle prices have dropped more than 32% during the last 16 months, but beef prices haven’t seen the same dramatic decline.
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, reported fourth-quarter profit that topped analysts’ projections after new menu items helped sales at the burger chain.
Shares of JBS SA, the world’s largest meat producer, plunged to a 15-month low after Brazil’s public prosecutor accused executives including Chairman Joesley Batista of financial crimes involving a series of loans made to related companies.
As tobacco demand continues to fall, beef production has become more important to the Bluegrass State.
A Chinese billionaire purchased two cattle stations beside the Northern Territory-Queensland border in Australia for $34.62 million.
Beef from Ireland is making it’s way across the Atlantic to the U.S. for the first time in nearly 20 years.
Livestock sector projected to see continued profits, while row crop producers can expect another down year.
Cattle prices as well as wholesale and retail beef prices are setting record highs, according to Texas A&M AgriLife Extension Service economists.
The U.S. and Japan still face “considerable” differences in reaching an agreement on the Trans-Pacific Partnership regional trade pact two weeks before President Barack Obama pays a state visit.
The latest livestock trade data indicates that the Mexican cattle industry is undergoing rapid and dynamic change, which will affect cattle and beef flows between the U.S. and Mexico.
Attorneys have asked that a minimum bid of $12.75 million be set for an idled South Dakota beef packing plant at an auction scheduled for Dec. 5.