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: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
