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Grain markets brace for key USDA reports

Grain markets brace for key USDA reports

Grain traders are positioning for one of the most closely watched government report releases of the year as USDA prepares to issue its Planted Acreage and Quarterly Grain Stocks reports on Tuesday. Market analysts say the reports could significantly influence corn, soybean and wheat prices by providing updated estimates of planted acreage and remaining grain supplies. A recent survey by Kluis Commodity Advisors and Successful Farming suggested farmers planted more corn acres and fewer soybean...

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Plenty of uncertainty in ag economy heading into 2025

Plenty of uncertainty in ag economy heading into 2025

2024 has been challenging for farmers and the agricultural sector. Dave Widmar, economist and managing partner with Agricultural Economic Insights, said 2024 has been full of twists and turns. Widmar said there have also been changes in the overall U.S. economy. While...

What is the outlook for meat exports in 2025?

What is the outlook for meat exports in 2025?

We have had a solid year, once again, for red meat exports in 2024. Many folks are working hard behind the scenes to sustain and strengthen our existing markets and putting the same efforts into cultivating new trade opportunities around the globe. The U.S. Meat...

Recent rains soaking deep into the soil profile

Recent rains soaking deep into the soil profile

After one of the driest starts in recorded history for October, the end of the month brought plenty of rain. At this point, the weather is now continuing with a wetter pattern. Justin Glisan, state climatologist for Iowa, gave an update on the latest conditions. Since...

Adding value to the U.S. pork industry through innovation

Adding value to the U.S. pork industry through innovation

Research-backed innovation uses technology, consumer trends and cuts to add value to the product. Kevin Sheehan, director of processor engagement at the National Pork Board, said innovation has been very beneficial to the packer side of the industry. Sheehan said...

Tractor manufacturers slow production as demand declines

Tractor manufacturers slow production as demand declines

As farmers struggle with low crop prices, relatively high interest rates and increased input costs, fewer are making big-ticket purchases like tractors, combines and farm implements, resulting in a backlog of inventory across the globe. Machinery manufacturer AGCO has...

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