U.S. consumers felt a bit of relief in June as prices eased somewhat. The Consumer Price Index, published by the Bureau of Labor Statistics, eased to 3.5 percent during the month, a decrease of 0.7 percentage points from May – due especially to softer energy prices. Reduced gasoline prices w…
All farmers know weather is unpredictable. Most just hope to avoid disaster.
Farmer sentiment decreased again in June as the Purdue University-CME Group Ag Economy Barometer Index declined from 119 points in May to 113 points in June. The Index of Current Conditions decreased by 5 points, while the Index of Future Expectations decreased by 7 points. June’s Current Co…
Corn and the farmers who grow it have been a part of all the 250 years of the United States. From feeding a growing nation to foundational contributions to the early U.S. economy, corn helped make agriculture and the rural United States the backbone of the country, evolving from a survival s…
McALLEN — The U.S. Department of Agriculture is doubling down on its fight against screwworm.
Key Takeaways
Farmer sentiment decreased again in May as the Purdue University-CME Group Ag Economy Barometer Index declined from 121 points in April to 119. The Current Conditions Index decreased by 8 points, while the Future Expectations Index increased by 1 point. This month’s Current Conditions Index …
Experts said an outbreak could cause $1.8 billion in damage to Texas' economy and likely would raise beef prices by shrinking cattle supply.
Brazil’s expansion in corn production during the past decade has made the country a more important competitor in global corn markets, increasing competitive pressure for U.S. producers. Although the United States remains the world’s largest corn producer by a wide margin, Brazil has become a…
Farmer sentiment worsened in April as the Purdue University-CME Group Ag Economy Barometer Index declined from 127 in March to 121. The Current Conditions Index decreased by 11 points, while the Future Expectations Index decreased by 4 points. This month’s Future Expectations Index was 16 po…
Key takeaways
Across the Eastern Corn Belt, corn and soybean basis has pushed upward during the past month. Across the 100 regional basis series tracked, only one weakened between the third week of March and the third week of April. The historical average forecast an increase in basis but recent movements…
Farmer sentiment improved in March; the Purdue University-CME Group Ag Economy Barometer Index increased from 116 points in February to 127. The Current Conditions Index increased by 6 points, while the Future Expectations Index increased by 14 points. The Future Expectations Index this mont…
The 2014 Agricultural Improvement Act -- a.k.a. the farm bill -- established industrial hemp pilot programs with state governments and at certain universities. Colorado was one of the first states to create a hemp pilot program and Colorado State University was one of the first research inst…
Key Takeaways
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