Farm policy and food manufacturer practices are evidence that the agrifood sector is a mature industry existing on tight margins.
Farm policy and food manufacturer practices are evidence that the agrifood sector is a mature industry existing on tight margins. Farmers made good money during the recent bear market, but the policies they demanded in the 2014 Farm Bill – insurance that includes "shallow loss" protection – revealed their more typical experience of a thin line between profit and loss. In the same vein, food processors are consistently tweaking their current product lines while promoting the next "super" grain like quinoa or "super" fruit like baobob.Marketers now pushing insects for their oil and protein may have p...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
