Latest News From Farm Economy

2017 Outlook
5 Crop and Livestock Charts to Ponder from USDA’s 10-Year Outlook

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.

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Rural Economy Posts Growth for 15 Straight Months

For 15 straight months, the rural economy has posted healthy and consistent growth.

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Rural Bankers Rank the Greatest Threats for 2022

For 14 straight months, the rural economy has posted healthy and consistent growth.

NE Producers Continue To Rebuild Post Flood after Losing Half of Herd
NE Producers Continue To Rebuild Post Flood after Losing Half of Herd

While some producers near the Elkhorn River in Scribner Nebraska are in the process of cleaning up. AgDay Betsy Jibben heads to Scribner, Nebraska. She talks with Aaron Lange and Angie Lange.

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Cargill Goes Tech With Plan to Nurture New Wave of Food Startups

Cargill Goes Tech With Plan to Nurture New Wave of Food Startups

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Trump's Top NAFTA Negotiator Dines With Mexico's in Buenos Aires

Could dinner talk help bust through a NAFTA impasse?

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Tax Reform Losers From Biofuels to Coal to Get Second Chance

Billions in breaks for energy sought in ‘tax extenders’ bill.

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NAFTA Talks Bogged Down as U.S. Partners Resist Hardline Demands

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JBS Says It's Done With Asset Sales as Earnings Boost Outlook

JBS Says It's Done With Asset Sales as Earnings Boost Outlook

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U.S. Is Said to Propose Freezing Mexican Trucks Out of New Nafta

U.S. Is Said to Propose Freezing Mexican Trucks Out of New Nafta

Much like Beijing's Forbidden City is off limits without the emperor's permission, U.S. beef hasn't had permission to enter China in 14 years. But trade relations with China appear to be changing.
China's largest online retailer to buy Montana beef

China's largest online retailer to buy Montana beef

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Gulke: Markets Disappoint Despite Trump's EPA Reversal

What should have been good news for the grain and oilseed markets ended up having the opposite effect as we ended the week down, sharply down some cases says Jerry Gulke, president of the Gulke Group. 

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USMEF President: Japan's Beef Tariff Will Have An Impact

The United States’ number one beef importer for value and volume is hiking its tariffs on U.S. beef products.

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Volatility Not Over for Cattle and Other Commodity Markets

Commodities dropped 40-60% in value the past few years. How much longer will the slide continue? 

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Is the Economy as Good as Advertised?

The farm economy has been struggling for a while now, especially with weak cattle prices and disease issues in wheat. 

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Tyson Upgraded as Analyst Says Pricing Complaint 'Baseless'

Tyson Foods Inc., the largest U.S. meat processor, had its stock rating raised by an analyst at CLSA who said a class-action complaint alleging price collusion among chicken producers was "baseless" and that investors should buy the company’s stock on strong pork and beef margins.

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No Magic Bullet to Save Cattle Market

It’s been a stressful time for cattle producers trying to keep their heads above water in the last several month’s volatile market conditions.

JBS's Parent Faces Brazil Probe Over Havaianas Loan Agreement
JBS's Parent Faces Brazil Probe Over Havaianas Loan Agreement

Bankers said deal of this size usually would be syndicated.

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Low Cattle Prices Impact Seedstock Industry

The seedstock industry is starting to feel the pressure of low cattle markets. 

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Cattle Prices Continue Dipping, Pressure on Markets

Cattle prices continue to plummet, falling below the dollar mark on Tuesday.

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Saudi Cash Is a Bonanza for Once-Distressed Beef Bonds in Brazil

Saudi Cash Is a Bonanza for Once-Distressed Beef Bonds in Brazil

McDonald's Sales Growth Misses Estimates as Industry Weakens
McDonald's Sales Growth Misses Estimates as Industry Weakens

Analyst warns that U.S. restaurants are heading into recession.

ChemChina, New Hope Said to Weigh McDonald's Franchise Bids
ChemChina, New Hope Said to Weigh McDonald's Franchise Bids

China National Chemical Corp. and New Hope Group Co. are among companies considering bids for McDonald’s Corp. operations in the world’s most populous nation, people with knowledge of the matter said.

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In The Cattle Markets: Macroeconomic Data and Cattle Markets

Despite meager GDP growth and a higher inflation rate, consumers appeared to be more optimistic about their financial situation. 

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Livestock Prices Push Down Ag Economy Index in May

Concerns about livestock prices took some air out of the Purdue/CME Ag Economy Barometer, pushing the new index down to 97 in May from April’s 106.

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Chinese Group Drops $281 Million Bid for Australian Cattle Firm

Group plans to structure new deal to win government approval.

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Chinese Bid for Australian Cattle Station Adds Local Partner

One of the Chinese bidders for Australia’s most iconic cattle company is joining forces with a local investment group as it seeks government approval for a foreign takeover.

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Beef Prices Down in 2016, Low Prices Could Spur Demand

Cattle prices have dropped more than 32% during the last 16 months, but beef prices haven’t seen the same dramatic decline.

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Lower Beef Prices Help Boost Profit at Texas Roadhouse

The price for uncooked beef steaks has come down recently, helping earnings at restaurant chains such as Texas Roadhouse Inc.

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Burger King's Owner Tops Estimates as New Foods Fuel Sales

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.

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U.S. Farm Income Will Drop for Third Year in Commodity Slump

The U.S. Department of Agriculture forecast that farmers will face a drop in profit for the third straight year as persistent surpluses depress crop and livestock prices.

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Beefing Up Down Under: Aussies Find New Boom in China Demand

Australian beef exports to China grow six-fold in three years.

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JBS Tumbles After Executives Accused of Financial Crime

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.

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Cattle Markets Broken: NCBA Sends Letter to CME

The rapid drop in cattle futures has cattle organizations concerned about the instability of beef trade.

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Could More Beef Imports Come From Brazil? (VIDEO)

The beef export market was down overall this past year after a strong dollar had countries looking to trade elsewhere. The strong dollar brought a flood of cheaper beef into the U.S., too.

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Cattle Futures Fell Despite Midweek Cash Strength

Cattle futures have taken another turn over the past two weeks as prices have drifted lower, correcting the big December 17-24 advance.

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JBS Sinks Most Since 2009 on Report Former Shareholder Probed

JBS SA, the world’s largest beef producer, fell the most since 2009 after a report that former shareholder Grupo Bertin is involved in Brazil’s largest ever corruption scandal.

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Struggling with Pessimism Over Beef Markets

If our nation's consumers can limp along and hold this bedraggled economy to its walker, beef should have a chance to make that decent recovery.

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Saudi Arabia to Take 20% Stake in Brazil Beef Producer Minerva

Saudi Arabia agreed to take a 20 percent stake in Minerva SA in a transaction that will raise as much as 1.56 billion reais ($390 million) for one of Brazil’s largest beef producers and help it gain better access to markets in the Middle East.

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Cattle King's Ranch Down Under to Be Carved Up for Overseas Sale

One of Australia’s most iconic cattle companies, with ranches that span an area more than twice the size of Switzerland, is being broken up to clear the way for a foreign takeover,

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US Faces $1 Billion in Trade Penalties for Meat Labels

The World Trade Organization ruled Monday that Canada and Mexico can slap more than $1 billion in tariffs on U.S. goods in retaliation for meat labeling rules it says discriminated against Mexican and Canadian livestock.

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WTO Arbitration Panel Rules U.S. COOL Requirements Cost Canada and Mexico over $1 Billion Each Year

Today, the World Trade Organization’s (WTO) arbitration panel announced its final ruling that the United States’ Country of Origin Labeling (COOL) requirements for livestock and meat imports have cost our trading partners over $1 billion dollars.

Farm Cash Receipts Down in Kentucky, Economists Say
Farm Cash Receipts Down in Kentucky, Economists Say

Coming off a period of record cash receipts that boosted rural Kentucky, farmers are facing downward trends caused by lower commodity prices, sluggish exports and large stockpiles that are sowing declines in farm income, agricultural economists said Thursday.

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Record Canada Beef Prices Ready to Drop as Herd Sizes Climb

Canadians may soon pay less at the supermarket for steak.

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JBS Posts Record Profit

JBS SA’s third-quarter profit more than tripled as a currency slump in the Brazil real boosted revenues at the world’s largest meat producer.

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The Real Cattle Class: 747 Full of Cows Feeds China Beef Craving

China's building up their beef industry with cattle flown in from Australia.

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Tyson Tumbles After JPMorgan Rating Cut, WHO Cancer Judgment

Tyson Foods Inc., the largest U.S. meat producer, dropped the most in more than two months after JPMorgan Chase & Co. downgraded its rating on the stock and the World Health Organization said eating processed meat is a cancer hazard.

U.S. Meat Exports Disappointing in August
U.S. Meat Exports Disappointing in August

August beef exports totaled 185.5 million pounds, down 18 percent from a year ago.

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July Another Difficult Month for U.S. Meat Exports

Herd rebuilding limits exports, but will pay off in years to come.

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Bluegrass Beef Revival

As tobacco demand continues to fall, beef production has become more important to the Bluegrass State.