by Staff Editor | Jan 5, 2024 | 5 Ag Stories, News
New data released by USDA’s Economic Research Service shows that in fiscal year 2022, USDA’s Supplemental Nutrition Assistance Program served an average of 41.1 million people per month in the 50 states and Washington, DC. SNAP is the largest domestic...
by Staff Editor | Jan 3, 2024 | 5 Ag Stories, News
Farmer sentiment changed very little in December compared to the preceding month. The Purdue University-CME Group Ag Economy Barometer recorded a reading of 114, just one point lower than a month earlier. Both sub-indices of the barometer, the Index of Current...
by Staff Editor | Jan 2, 2024 | 5 Ag Stories, News
Creighton University’s Rural Mainstreet Index sank below growth neutral for a fourth-straight month in December. Based on a survey of bank CEOs in a ten-state region, the index rose to 41.7 from November’s 40.4. That’s still lower than October’s 44.4. The index ranges...
by Staff Editor | Jan 1, 2024 | 5 Ag Stories, News
The Energy Information Administration says ethanol output surged to a two-year high, and inventories hit their highest points since April during the week ending on December 22. Ethanol production rose to an average of 1.107 million barrels per day, up from 1.071...
by Staff Editor | Dec 29, 2023 | 5 Ag Stories, News
The U.S. and Brazil are major competitors when it comes to exporting soybeans around the world. USDA’s Economic Research Service did a comparison study to figure out how changes in factors underlying production, marketing costs, and infrastructure might affect export...