A Wells Fargo analyst says the equipment manufacturing industry’s demand cycle should bottom out within the next 12 to 18 months, signaling a turnaround for the industry. The turnaround would…
Olive Production Shifts as Result of Mechanization
…It helps that demand for olive oil has been on the rise, with its health benefits being a major selling point. Americans also have become more knowledgeable about quality and…
USDA WASDE Report at a Glance
The current World Agricultural Supply and Demand Estimates (WASDE) Corn: Corn production is forecast at 15.057 billion bushels, down 36 million from last month as a lower forecast yield more…
Demand for Brussels sprouts is booming
…them faster than Steve Bontadelli can grow them. Despite expanding his acreage beyond the Santa Cruz area, “we still haven’t been able to catch up with demand,” he said. “The…
National Farmer’s Day
…as it is near the end of the harvest. Many farmers will be able to take a rest from their hard labor to join in the celebration of this holiday….
Wheat Import Forecast Trimmed for Egypt
…shortage of foreign currency that has made opening letters of credit more difficult, significantly hampering imports.” But USDA also noted that rising feed demand should boost the nation’s corn imports…
USDA Decision to Purchase Cheese to Help Dairy Farmers
…farmers through increased demand for milk, while also serving the needs of Americans who patronize food banks and other charitable assistance organizations. “We continue to look at ways to address…
Study Shows Billions in Losses to U.S. Dairy Industry
…study, consumers will choose imported cheeses with names they recognize over domestic products with names they don’t recognize. As a result, plummeting demand for domestic cheese would put numerous U.S….
Brazil Opens Market for U.S. Corn Imports
…date, the United States has not been able to fill the demand due to lack of approvals of some biotech products used by U.S. farmers. However, the Grains Council says…
Cargill Announces Non-GMO Project Verified Ingredients
…With nearly 2,800 Non-GMO Project Verified brands sourcing ingredients to comply with the standard, food and beverage industry demand is outpacing supply. “Consumer demand for non-GMO food and beverages is…
Food Price Index Up in September
…stocks and strong internal demand in the EU. The Index has risen by 49 points, 38 percent, since April. The current price surge stems from expectations that falling milk production…
Cargill Sales and Net Earnings Higher in 2016
…higher numbers of cattle in the supply chain as well as consumer demand for more beef. The poultry-based divisions, along with turkey and egg businesses, were more profitable than they…
Hog Futures Biggest Commodity Loser in 2016
…forcing slaughterhouses to add weekend shifts in November and December. Those increased supplies come at a time of sluggish export demand. China more than doubled U.S. pork purchases in the…
Fruit Growers Fight for Market Share in China
Demand for fruit in China continues to rapidly grow and U.S. exporters are fighting for market share. A report by the Department of Agriculture shows exports rose threefold to 3.8…