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Category Archive

Below you'll find a list of all posts that have been categorized as “Economy”

Softer sales

Softer Sales Prevailed in Ag Machinery

Dan February 27, 2025Agri-Business, Economy

Softer sales prevailed in ag machinery in 2024 and that trend is expected to continue into 2025 according to the Association of Equipment Manufacturers. U.S. Sales of Ag Tractors & …

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Association of Equipment Manufacturers (AEM)
cobank

Trump Confirms 25% Tariffs on Canada and Mexico Will Proceed

Dan February 26, 2025Agri-Business, Economy, Tariffs, Trade

Despite efforts by Canada and Mexico to strengthen border security and curb fentanyl trafficking, U.S. President Donald Trump confirmed that a 25% tariff on imports from both countries will move …

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grubmarket

GrubMarket Acquired Bay City Produce

Dan February 26, 2025Agri-Business, Economy, Fruits & Vegetables

GrubMarket has acquired Bay City Produce, a California-based foodservice distributor, to enhance operational synergies and leverage Grub Market’s AI technology for better financial management and sales support in the food …

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AgNet News Hour Tuesday, 02-25-25

Dan February 25, 2025AgNet News Hour, Agri-Business, Economy, Podcasts, Water

Get the latest agriculture news in today’s AgNet News Hour. In this episode of the AgNet News Hour, hosts Sabrina Halvorson and Lorrie Boyer discuss pressing agricultural issues in California. …

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AgNet News HourCalifornia agricultureCalifornia Agriculture newsReservoir FarmsWorld Ag Expo
agricultural equipment

Agricultural Equipment Soft Market Reflects Broader Economic Uncertainty

Dan February 25, 2025Agri-Business, Economy

A soft market for agricultural equipment over the past year, reflects broader economic uncertainty. This uncertainty is attributed to potential weather issues, commodity market fluctuations, geopolitical concerns, and the lack …

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trade

Farm Trade Group Warns Against Impact of Tariffs on Agriculture

Dan February 17, 2025Agri-Business, Economy, Exports/Imports, Tariffs, Trade

A leading agricultural trade organization is raising concerns over the impact of newly imposed Section 232 tariffs on American farmers and food producers. Farmers for Free Trade, a coalition representing …

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Farmers for free Trade
California's avocado

Significant Changes Recently in the Avocado Market

Dan February 17, 2025Avocado, Economy, Exports/Imports, Trade

The avocado market has seen significant changes recently. U.S. shipments increased by 8% week-over-week and 32% year-over-year, with California experiencing an 86% growth. Mexico maintains a dominant 85% market share. …

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ustr

China Retaliates with Tariffs on U.S. Farm Machinery Amid Trade Dispute

Dan February 13, 2025Agri-Business, Economy, Exports/Imports, Tariffs, Trade

Farm machinery manufacturers in the United States could soon feel the impact of retaliatory tariffs from China, following the latest round of trade actions between the two countries. After President …

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Farm Income

USDA’s February Farm Income Forecast

Dan February 13, 2025Agri-Business, Economy

The USDA’s February Farm Income Forecast predicts a 22% increase in cash farm income to $193.7 billion for 2025, with net farm income rising 29.5% to $180.1 billion. Despite a …

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AgNet News Hour Wednesday, 02-12-25

Dan February 12, 2025AgNet News Hour, Economy, Exports/Imports, Funding, Podcasts, Tariffs, Trade

Get the latest agriculture news in today’s AgNet News Hour. In the latest AgNet News Hour, Sabrina Halvorson and Lorrie Boyer discuss the pressing topics in agriculture, focusing on the …

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AgNet News HourCalifornia agricultureCalifornia Agriculture newsReservoir FarmsWorld Ag Expo
mexico

AFBF Duvall Discusses Concerns Over Tariffs

Dan February 12, 2025Economy, Tariffs

American Farm Bureau Federation (AFBF) President Zippy Duvall discusses concerns over tariffs imposed by President Trump on Mexico, Canada, and China, which could increase the cost of agricultural supplies and …

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American Farm Bureau Federation (AFBF)
U. S. agricultural economy

U. S. Agricultural Economy Improves for January 2025

Dan February 11, 2025Economy

The Purdue University CMA group’s Ag Economy Barometer for January 2025 showed an improvement in the health of the US agricultural economy. However, key concerns for producers for 2025 include …

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Smithfield

Smithfield CEO Confident in Growth, Downplays Industry Challenges

Dan February 6, 2025Economy

Smithfield Foods CEO Shane Smith expressed optimism about the company’s future as it returned to the public stock market more than a decade after being acquired by China’s WH Group. …

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Smithfield Foods
bird flu

Bird Flu Drives Egg Prices Up, No Relief in Sight

Dan February 6, 2025Avian Influenza (Bird Flu), Economy, Eggs, Poultry

The cost of eggs in the United States has surged in recent months, largely due to the ongoing bird flu outbreak that has led to the culling of millions of …

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