by Staff Editor | Nov 4, 2024 | 5 Ag Stories, News
Farmers are taking out loans at a rate and scale not seen in years as weakened crop prices weigh on the agricultural sector, according to a report from the Federal Reserve Bank of Kansas City. The volume of new operating loans increased at its fastest pace since 2017,...
by Staff Editor | Nov 1, 2024 | 5 Ag Stories, News
A new Q4 2024 pork report from Rabobank says improved profitability is slowing herd contractions in most regions. However, producers are taking a cautious approach to expansion. Disease pressure in parts of Europe, South Korea, and Southeast Asia are slowing...
by Staff Editor | Oct 30, 2024 | 5 Ag Stories, News
The 2022 Census of Agriculture showed about 40 percent of American farmers worked 200 or more days off the farm in 2022. The majority, 93 percent, of the 3,078 U.S. counties for which data was reported had at least 30 percent of producers working 200 or more days off...
by Staff Editor | Oct 29, 2024 | 5 Ag Stories, News
Despite the cattle inventory plummeting to the lowest level in 73 years, the number of cattle on feed remains surprisingly strong. Cattle and calves on feed for the slaughter market in the U.S. for feedlots with a capacity of 1,000 or more head totaled 11.6 million on...
by Staff Editor | Oct 28, 2024 | 5 Ag Stories, News
On September 30, Pure Prairie Poultry, Inc. notified the Iowa Department of Agriculture and Land Stewardship that, due to their financial position, they were unable to purchase feed for approximately 1.3 million broiler chickens located at 13 Iowa farms. Upon...