Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Adriana Valcu-Lisman, Mildred Haley, and Grace Grossen
The Livestock, Dairy, and Poultry Outlook for September 2023 analyzes economic impacts of month-to-month changes in USDA’s “World Agricultural Supply and Demand Estimates”...
Source: Farm Credit Administration
Because of persistent strength in labor markets and consumer spending, economic growth during the first half of 2023 was stronger than anticipated. Inflation and some recessionary indicators in the second half make prospects for growth less...
Source: USDA news release
This week, the U.S. Department of Agriculture is celebrating the one-year anniversary of the Partnerships for Climate-Smart Commodities funding opportunity's initial project selection. Joining producers, project leaders, and project partners, Agriculture Secretary Tom Vilsack visited a...
Source: Association of Equipment Manufacturers
As equipment manufacturers look ahead to the remainder of 2023 and beyond, the landscape continues to present challenges for the industry and the ag and construction customers it serves.
AEM members report demand for products across...
Source: USDA
The USDA, Economic Research Service (ERS) forecasts inflation-adjusted U.S. net cash farm income (NCFI) to decrease by $60.5 billion (28.9 percent) from 2022 to $148.6 billion in 2023. Similarly, U.S. net farm income (NFI) is forecast to fall...
Source: Iowa State University
Milk production in Iowa during July 2023 totaled 502 million pounds, up 2 percent from the previous July according to the latest USDA, National Agricultural Statistics Service – Milk Production report. The average number of milk...
Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Mildred Haley, Grace Grossen, and Adriana Valcu-Lisman
The Livestock, Dairy, and Poultry Outlook for August 2023 analyzes economic impacts of month-to-month changes in USDA’s “World Agricultural Supply and Demand Estimates”...
by: Daniel Munch, Economist, American Farm Bureau Federation reports:
For the month of June, the Farm Service Agency reported a $3.65 per hundredweight milk margin above feed costs, the smallest margin since the Dairy Margin Coverage program was authorized in...
Source: Government of Alberta
"The crop growing period of market action is sometimes referred to as the ‘silly season’,” says Neil Blue, provincial crops market analyst with the Alberta government. “Dryness in both the Canadian Prairies and U.S. corn/soybean belt...
Source: Iowa State University
All hay prices in Iowa averaged $169.00 per ton in June according to the latest USDA, National Agricultural Statistics Service – Agricultural Prices report. This was $3.00 below the May price but $19.00 above the June...