A diversified sourcing strategy has helped brokers like Mission Produce sail through a soft Peruvian season for commodities such as avocados, onions and asparagus.
Crop condition ratings seemed to be in a free fall in early summer, but July’s rains and cooler temperatures sparked a rebound. The heat this week means crop conditions could be set to take another hit.
“When Ukraine fails, in terms of their ability to produce agricultural products, the world becomes less safe,” says Howard Buffett, global philanthropist and Illinois farmer.
The National Farm Machinery Show revealed one major theme: the supply chain is still posing major problems for ag equipment manufacturers, an issue that's improving, but could still last the remainder of this year.
If the nation’s debt hits $31.4 trillion—it’s on track to do so by this Thurs.—the Treasury will need to take “extraordinary measures” to help pay the government's operations and ward off a historic default.
From the docks of Southern California and Europe to the parcel hubs in the Midwest and the store shelves in New York, signs are growing that the global supply chain crisis is over.
Despite pressure from Congress and from stakeholders in U.S. agriculture, the Biden administration has refused calls to include tariff reduction in its major trade initiative, says Adam Hollowell of Bryant Christie Inc.
According to Biden’s economic advisors, as many as 765,000 Americans — many union workers themselves — would have been put out of work in the first two weeks of shutdowns.
If you’re renting farmland to or from others, you have many things to consider – from managing long-term agreements and land improvements to zeroing in on the right insurance. Here are four boxes you'll want to check
For the sixth time in the past seven months, the rural economy has posted signs of weakness. That’s according to the Rural Mainstreet Index (RMI) from Creighton University.
The 15 million barrels from the country's Strategic Petroleum Reserve (SPR) are the final part of a 180-million-barrel release announced in March and does not constitute a further release.
A labor strike along U.S. railroads is still a possibility after the third-largest railroad union rejected a tentative labor agreement this week. The agreement had the support of the White House.
Would repealing the Jones Act have an economic effect on agriculture? John Phipps explains why repealing the act would be minimally beneficial for some industries, but have a major impact on others in the U.S.
USDA unveiled additional plans to help boost domestic fertilizer production including $500 million in grants and reduce the risk of a series of black swans that have flown into the fertilizer market the past two years.
High input prices continue to be a pain point for farmers planning their 2023 crop needs. Experts say the price of natural gas isn’t the only driver fueling the market as farmers look to book their fall needs.
A rail strike is looming despite the majority of unions reaching tentative agreement with the rail companies, but the unions not on board are essential to the operation of the nation’s rail system.
Global data group, Information Resources, Inc. confirms food inflation persists in new report. Fresh fruit leads inflation increases in retail, with a monthly price jump of 5.3% in August.
Grain shipments on some railroads could stop as early as Wednesday, two days ahead of a possible rail strike. A rail stoppage is growing more likely as the country’s main rail unions remain at odds with rail companies.
“Friend shoring means that, rather than just bringing everything [manufacturing] back to the U.S., which is feasible, let’s make sure our supply chains are with countries that are friendly to us,” Heidelberg says.
The reconciliation bill is heading to the House on Friday with many provisions on ag. Here's what producers need to know about the Inflation Reduction Act.
A potential stoppage on the nation's railways this fall is spurring concern, even after President Biden signed an executive order Sunday to keep U.S. rail traffic on track and the collective bargaining process going.
Diesel prices are causing sticker shock, as fears of a possible diesel shortage are growing. It’s not just retail diesel prices that are rapidly rising. Some farmers report booking off-road diesel for above $5.
Transforming the U.S. food system by improving supply chains and addressing issues exposed by the Covid-19 pandemic was detailed by USDA Secretary Tom Vilsack during a speech at Georgetown University.
Shanghai offered some tax rebates for companies and allowed all manufacturers to resume operations from June as authorities rolled out policies to revitalize an economy impacted by Covid-19 lockdowns.
From record-high gas and diesel prices on the road to a major spike in the price Americans paid for their Memorial Day weekend barbecue essentials, shoppers are seeing price spikes everywhere they go.
U.S. diesel prices are the highest ever, with warnings of shortages, especially in the eastern U.S., and the most intensive part of the farming season is still ahead.
When farmers or ranchers in the U.S. face tragedy others in the industry are quick to help. That same mentality, of farmers helping farmers, has reached Ukraine as support rolls in from across the globe.
Diesel prices hit historic highs this week. Due to increased demand and a drop in production, a diesel shortage may be looming as the largest diesel distribution hub in the U.S. is sitting on supplies at a 30-year low.
The April Ag Economy Barometer shows farmers’ concerns about crop inputs are overshadowing optimism surrounding commodity prices hitting decade-highs as some inputs are still in short supply as planting gets underway.
The Biden administration is calling on Congress to provide additional resources overseas to “ensure Ukraine’s democracy prevails over Putin’s aggression," including $500 million dedicated to domestic ag production.
Increased regulation and the search for better work-life balance are two factors leading to a shortage of truck drivers in the U.S. Walmart is now increasing the starting salary for drivers to try to attract new people.
The commodity markets came under pressure to start the week as traders tried to shed risk over shipping concerns in China as COVID-19 concerns caused officials to shut down transportation amid a two-pronged lockdown.
USDA now expects food price inflation in 2022 to be from 4.5% to 5.5%, compared with 2021, based on the all-food Consumer Price Index. No category shows a potential decline.
"This is my plea, from a humble farmer in Ukraine to the people of the world: Please ask your governments to stop this reckless war, launched by that cruel and power-hungry authoritarian, Vladimir Putin."
An oil price of $120 a ton could send the global economy into a major recession and fan inflation in the U.S., which Jim Wiesemeyer says is already in double digits for rural Americans.
