Global Economy
Today’s market is evolving, not just correcting, according to ag economists. To win the long game, farmers are using generics and delaying machinery purchases as trade shifts to allies and consumers demand premium meat portions.
New Farm Journal research explores six keys highlighting consolidation risk, regional divides and expansion sweet spots in a shifting landscape that prioritizes integrity and a tech mindset.
While inflation remains above the Federal Reserve’s target of 2%, the outgoing president and CEO favors a pause on interest-rate reductions while noting AI’s potential to shift labor needs
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.
While U.S. agriculture isn’t facing an existential threat, the same cannot be said for farmers abroad, particularly in the developing world.
Lester Brown has spent his career making shrewd projections about the food, water, and energy people need to survive, and pushing governments to respond.
If soils in the country’s northern region continue to slowly dry out, there could be severe implications for China’s agricultural production capabilities and freshwater supplies.
The ripening corn and soybean fields stretch for miles in every direction from Dennis Wentworth’s farm in Downs, Illinois.
The company posted a 12 percent drop in fiscal fourth- quarter profit as its trading and processing business continued to feel the effects of drought in the U.S. and a shortage of railcars.
U.S. buyers are sourcing grain from other suppliers as Canadian companies are not confident they will get enough rail cars to deliver on southern rail corridors.
By April and May, the logistics of transporting fresh fruit and vegetables will be in jeopardy from the COVID-19 pandemic more than the production of fresh produce, according to the United Nations.
Shipping Costs are Surging Globally, Squeezing Grain Traders
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.
“Sustainability” was one of the most talked about topics at the recent Fruit Logistica 2023, held Feb. 8-10 at Messe Berlin.
See how New Zealand dairy producers are adopting sustainable practices.
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.
“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.
China retaliated swiftly on Tuesday with 10% to 15% retaliatory levies impacting $21 billion worth of U.S. agricultural and food products, moving the world’s top two economies a step closer toward an all-out trade war.