Top Agriculture News

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Even many market analysts who were bearish have been surprised at how fast corn and soybean markets have dropped. The selling has been relentless and it has come in a combination of the funds building short positions and […]

Pesticides are featured in Idaho’s “David vs. Goliath” conflict; Congress needs to act if affordable internet programs are to continue in rural America; and conservatives say candidates should support renewable energy to win over young voters.

The good news is U.S. milk production is expected to grow in 2024. Michael McConnell of the USDA’s Chief Economist’s Office says the bad news is the growth rate will slow compared to last year. “Overall, we see milk production projected to continue growing but at a decreasing rate from what we’ve seen in recent […]

The Congressional clock is ticking as the ag industry watches to see if a new Farm Bill is doable this session. Tyson Redpath, Principal at the Russell Group, says the Farm Bill is a resilient piece of legislation that isn’t cheap, but has overcome many hurdles in recent years, including the pandemic. “Guess what, the […]

 A foreign hog disease could cost the industry huge production losses if it makes it to the U.S. Japanese Encephalitis virus is a transboundary disease for hogs and it’s on the move through mosquitos. That’s why the Swine Health Information Center (SHIC) and the Foundation for Food & Agriculture Research are partnering together, looking for […]

TARBORO, N.C., Feb. 21, 2024 – During a visit to Edgecombe County, N.C., a Rural Partners Network community, U.S. Department of Agriculture (USDA) Secretary Tom Vilsack and White House Domestic Policy Advisor Neera Tanden today announced that USDA is funding 216 projects in 45 states, Puerto Rico, and the Northern Mariana Islands to bring high-speed internet, […]

Soybean prices have been on a continual downward slide for several months. Ben Kasch, account executive for Bower Trading, says the lower trend began in 2023. “Ever since the end of October, first of November, right there before Thanksgiving, we’ve seen our highs, and we’ve been eroding ever since with a pretty favorable weather forecast. […]

What does U.S. ag production ag commodity prices look like for 2024? Agriculture Department Chief Economist Seth Meyer provided the annual outlook starting with how prices support what commodities growers might plant this year. Maybe that prices support soybeans a little bit more than corn. So maybe we move a little bit of area back […]

The Agricultural Foreign Investment Disclosure Act, passed in 1978, provides tracking and monitoring of investment in U.S. Agriculture. However, American Farm Bureau economist Danny Munch says the process is due for an upgrade. “Currently, that process hasn’t been updated in over 40 years. So, USDA has opened public comments to provide input on how the […]

USDA Chief Economist Seth Meyer talked about the state of the ag economy and the headwinds it faces in 2024. During his speech at the 100th Annual Ag Outlook Meeting, he said there are challenges ahead. “We’ve seen a lot of growth in trade for agricultural commodities, for bulk agricultural commodities. Maybe the challenge is […]