March beef exports were the largest since October though less than this past year’s large volume, according to data released by U.S. Department of Agriculture and compiled by the U.S. Meat Export Federation.
The Wisconsin Beef Council in partnership with the U.S. Meat Export Federation – a contractor to the Beef Checkoff – recently hosted a trade team of Japanese food-service representatives to showcase the diversity and quality of beef raised and processed in Wisconsin. The tour was funded thro…
WASHINGTON (AP) – The collapse of a major dam in southern Ukraine has increased global prices of wheat and corn, endangered crops in the country’s breadbasket and threatened drinking-water supplies. Both sides in the war are rushing to evacuate residents and blaming each other for the destru…
March beef exports were the largest since October though less than this past year’s large volume, according to data released by U.S. Department of Agriculture and compiled by the U.S. Meat Export Federation.
Editor's note: The first part of this report was published in the May 11 issue of Agri-View; the second part was published in the May 18 issue of Agri-View.
The Black Sea region is a significant supplier of agricultural commodities to the world. During the past year, global grain and oilseed markets have been roiled by Russia’s ongoing war in Ukraine. Initially Ukraine’s grain and oilseed exports via sea routes were entirely cut off but have sin…
A Ukraine-Russia grain-trade deal has been extended by 60 days rather than the requested 120 days. It was imperative that the agreement between the two grain giants continued – it was to have expired May 18 – to ensure people can still have access to food. The current export agreement, broke…
Editor's note: The first part of this report was published in the May 11 issue of Agri-View.
March exports of U.S. pork were the largest since May 2021, according to data released by U.S. Department of Agriculture and compiled by the U.S. Meat Export Federation.
The U.S. Bureau of Labor Statistics released April 25 the results of the May 2022 Occupational Employment and Wage Estimates. That’s important because under the new Adverse Effect Wage Rate final rule that went into effect March 30, the Occupational Employment and Wage Estimates data is now …
Wisconsin led the nation for cheese production in 2022. State cheesemakers produced 3.52 billion pounds of cheese this past year compared to 3.47 billion pounds in 2021, according to Cheese Market News, which cited data from the U.S. Department of Agriculture.
Commodity traders often say that the cure for inflated prices is inflated prices. In other words, during periods of supply shortages or tight balances, sellers will increase their supply and buyers will cut back or adopt substitutes. However the history of global energy is replete with examp…
Farmer sentiment improved modestly in April as the Purdue University-CME Group Ag Economy Barometer reversed a two-month decline; it increased 6 points to a reading of 123. Both the Index of Current Conditions and the Index of Future Expectations improved in April, with the biggest increase …
Farmland is often considered to be a real-asset class that provides investors with attractive risk-adjusted returns, portfolio-diversification benefits, and access to natural resources with sustainable-management practices. It also gives positive performance during inflationary periods. In t…
Farmer sentiment weakened again in March as the Purdue University-CME Group Ag Economy Barometer decreased 8 points to a reading of 117. Both the Index of Current Conditions and Index of Future Expectations declined 8 points in March, leaving the Current Conditions Index at 126 and the Futur…
Editor's note: The first part of this report was published in the March 30 issue of Agri-View. The second part was published in the April 6 issue of Agri-View.
Macroeconomic developments point to big changes ahead for agriculture – and more specifically the dairy industry. Those developments include inflation, a more-variable climate, international trade and global demand for protein, says Dan Basse, president of AgResource Company of Chicago.
Editor's note: The first part of this report was published in the March 30 issue of Agri-View.
U.S. pork exports, which posted a strong finish in 2022, maintained momentum in January, according to data released by the U.S. Department of Agriculture and compiled by the U.S. Meat Export Federation. U.S. beef exports were record-breaking in 2022 but slowed late in the year. This trend co…
The Purdue University-CME Group Ag Economy Barometer Index dipped 5 points in February to a reading of 125. Farmer perspectives regarding both current conditions on their farms and their expectations for the future both weakened slightly as the Index of Current Conditions decreased 2 points …
Part 1 of this analysis was published in the March 9 issue of Agri-View; part 2 was published in the March 16 issue; part 3 was published in the March 23 issue.
The American Farm Bureau Federation’s Market Intel team has created a multi-part series highlighting agricultural losses incurred due to weather disasters and the associated disaster-assistance programs meant to help mitigate their impacts. This Market Intel article updates and summarizes to…
About 99 percent of farm bill outlays go to nutrition, crop insurance, commodities and conservation titles. The “Other” category comprises the remaining 1 percent of all projected outlays. Figure 1 provides the breakdown of all projected outlays as a percentage of total outlays under the Agr…
Americans eat more potato chips than any other nation – more than 4 pounds per person per year, according to Potatoes USA. About 22 percent of the U.S. potato crop – about 7,500 million pounds annually – is made into chips. The U.S. Department of Agriculture's Agricultural Research Service …
Part 1 of this analysis was published in the March 9 issue of Agri-View; part 2 was published in the March 16 issue.
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