Farm Business - General
A significant fracture on the I-40 bridge is now shut down to not only vehicle traffic, but barges until the issue can be fixed. The emergency shut down is a barrier for barge traffic along the Mississippi River.
Inflation concerns are heating up as fresh data from the Labor Department shows U.S. consumer prices have risen more than 4% over the past year, marking the sharpest increase since 2008.
Restaurants closing early. Sign after sign plastered along roadsides with businesses looking for help. The hiring issue is crippling everything from manufacturing to the restaurant industry today.
A tradition for more than 100 years will now be a thing of the past. The CME Group announced this week it’s not reopening the open outcry pits on the trading floor, which means the tradition will be gone for good.
There is growing concern crops being harvested will make it to market. The problem stems from a lack of truck drivers as COVID-19 concerns and high unemployment benefits are impacting the available workforce.
Lumber prices are up 359% since last year at this time, with a 69% increase taking place since the start of 2021, prices not trickling down to producers. And there are three factors aiding to the surge in prices today.
With higher commodity prices, you may be in the market to make an upgrade or new investment on your farm. Whether that’s iron, software or land, the first step is to calculate the payback.
Biden is introducing a plan to cut U.S. greenhouse gas emissions in half by 2030. As some U.S. farmers see commodity prices hit a seven-year high, ag groups say moving land out of production may be a tough sell.
Global commodity prices are expected to stay firm around current levels in 2021 after recovering in the first quarter buoyed by strong economic growth, the World Bank said on Tuesday.
Health insurance coverage and healthcare costs are among the greatest challenges for self-employed Americans, including farmers.
The restaurant industry appears to be on the rebound following the pandemic with more restaurants reporting a surge in demand, but trends also show more consumers may be moving out of urban areas.
As the 2021 bull market continues, it’s leading to a growing level of optimism from farmers. The latest Ag Economy Barometer from Purdue University/CME group shows farmer sentiments rose to 177 this month.
Utilizing an effective management team can help you. As the owner or leader of your business, spend less time on the non-urgent and non-important tasks or duties that pop up every day.
Farmers and ranchers have more time to sign up for the Paycheck Protection Program. The Senate passed legislation to extend the deadline from March 31 to May 31.
Failure is a part of life, but how we bounce back from it determines how successful we will become.
Problems at ports are magnifying a surge in container shipping costs. And those costs are now showing up as farmers and ranchers source farming supplies.
The Biden Admin. is readying a $3T infrastructure and economic plan. While officials say the plan centers around roads and infrastructure projects, critics say that’s only a small piece of the potential proposal.
Farmers for Free Trade wants to see a full implementation of the Phase One trade agreement. A year into the deal, there are still accountability and compliance issues with China.
In a unanimous Senate vote on Wednesday, Katharine Tai was confirmed as the next U.S. Trade Representative. The trade expert was confirmed with a vote of 98-0.
Rep. Austin Scott (R-GA) said he will not support an extreme climate agenda that fails to consider that rural Americans will have to shoulder the burden of it.
“If you can manage these moments, the world is yours,” says Dr. JP Pawliw-Fry.
The net farm income story this year is far from over. Farmer Mac’s chief economist says history shows USDA’s initial look at net farm income is typically too low and this year may be no different.
USDA’s first look at net farm income shows without continued ad hoc government payments, net farm income will drop this year.
AS USDA reviews the previous administration’s plans for the remaining CFAP money, President Biden’s pick to lead USDA will help spearhead those efforts, and find ways to incentives farmers for climate initiatives.
The coronavirus aid package approved by Congress overnight Monday provides $13 billion in ag funding, much of it destined for sectors left out of previous aid packages.
“The early part of the year should look very different than the latter, but in total, economic growth is estimated to be about 4%, following a retreat of roughly 4% in 2020,” says Dan Kowalski.
Livestock producers will face more feed cost inflation next year than they have in a decade, challenging their ability to recover from a difficult, volatile 2020.
Affordable health insurance is a pain point in rural America, an issue National Rural Health Association says is getting worse, not better. Now, agricultural groups are helping find solutions for farmers and ranchers.
The report says total crop receipts are expected to increase $6.5 billion from 2019 levels. Total animal product receipts are expected to decrease $9.7 billion.
Thanksgiving may look different in 2020, but farmers are still the focus.