…touts its cost-efficient pricing. “We are coming in priced to value. We’re evaluating every one of our active ingredients before they launch and we’re choosing to price them in a…
Pelosi Warns of Cuts to Build Back Better Act
…we’re not going with the original $3.5 trillion,” adding, “But whatever we do we will make decisions that will continue to be transformative.” The bill’s price tag and policy scope…
Oil Prices Reach 7 Year High, Gas Prices Surge
Oil prices reached a seven-year high last week, pushing fuel prices higher. The national average price of gas jumped 5.2 cents to $3.25 a gallon, and the price of diesel…
September Ag Economy Barometer Reveals Decline
…rise in farmers’ expectations regarding farm input price inflation with more than one-third of respondents expecting input prices to rise by more than 12 percent in the upcoming year. Farmer…
Continuing Resolution Includes Disaster Relief for Agriculture
…National Farmers Union President Rob Larew said in a press release. “We also welcome the short-term extension of the Livestock Mandatory Program (LMR), an important tool for price discovery in…
Ag Groups Seek Supreme Court Appeal of Proposition 12
…forced to make expensive and unnecessary changes to their operations. This will lead to more consolidation in the pork industry and higher prices at the grocery store, meaning every family…
Consumer Food Prices Up Slightly Again
The monthly Consumer Price Index shows a further increase in food prices. The food index increased 0.4 percent in August after larger increases in recent months. The food at home…
Meat Institute: Scapegoating Industry Does Not Help Consumer
The North American Meat Institute (NAMI) claimed the Secretary of Agriculture’s transparent attempts to scapegoat the meat and poultry industry to shift blame for inflationary prices will not help consumers….
White House Points to Meat Processors for High Consumer Prices
The Biden administration has identified four major meat processors as being largely responsible for increased consumer prices. Agriculture Secretary Tom Vilsack and National Economic Council Director Brian Deese recently released…
Rising Rail Freight Costs Squeezing Farmers and Ranchers Incomes
…in rail fuel prices, but that’s primarily a recovery from COVID-19-related price drops linked to reduced consumption in early 2020. In the first half of 2021, the prices have all…
Latest Ag Economy Barometer Released
…On the August survey, 39 percent of respondents said they expect input prices to rise by eight percent or more, up from 30 percent who felt that way both in…
Propane Prices Heading Higher
…Propane prices domestically are being driven by rising global demand. The Oil Price Information Service says the prices are likely to stay high because the overseas demand is strong enough…
USDA Announces Improvements to the Dairy Safety Net and New Pandemic Market Volatility Assistance Program
…on pooled milk related to price volatility. USDA will make payments through agreements with independent handlers and cooperatives. Handlers and cooperatives will distribute the monies on the same basis July…
New USDA Reports Aimed at Increasing Cattle Market Transparency
…Daily Direct Formula Base Cattle report. The National Weekly Cattle Net Price Distribution report has also become available as of August 10. Each of the resources is based on Livestock…