It’s no surprise. The longest bull market in history followed by the steep collapse in commodity prices has left farmers in the U.S. and around the world feeling a lot of pain.
It’s no surprise. We’ve written about it on several occasions and we will again in the future. The longest bull market in history followed by the steep collapse in commodity prices has left farmers in the U.S. and around the world feeling a lot of pain. That pain will only worsen if prices stay at current levels. Land prices in some regions in the U.S. have quadrupled during this bull market. Cash rents (lease rates) have followed. Prices for everything else related to production agriculture have escalated sharply. The problem is that those produ...
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...
