…make up the difference between the market price and the break-even price, they are going to continue to have a big biomass problem.” The problem centers on 25- and 30-year…
Co-ops and Ag Retailers Face Economic Challenges
…retailers are having to adjust to tougher financial conditions because of the current ag commodity cycle. This is a direct result of low commodity prices that have knocked down farm…
Almond Board: State of the Almond Industry
…wisdom switched to thinking the official number looked pretty accurate,” Waycott said. That switch led to a price change which in turn may be creating a good demand situation for…
Schneider Electric SE Mulling Sale of DTN
Bloomberg reports power-equipment maker Schneider Electric SE is weighing a sale of agriculture news and data service DTN. The price tag could be an estimated $1.5 billion, according to sources…
Bayer, Monsanto Merger Talks Advancing
Merger talks between Monsanto and Bayer AG are advancing after a series of meetings in which the companies have addressed issues including the purchase price and a termination fee, according…
USDA to Purchase Surplus Cheese, Continue to Assist Dairy Producers
…helping America’s dairy operations remain successful,” said Vilsack. While USDA projects dairy prices to increase throughout the rest of the year, many factors including low world market prices, increased milk…
August Dairy Market Report
…price rose $0.30 per hundredweight in June, while the July federal order prices showed particular upward buoyancy for Class III,Class IV and even the lagged Class I prices. In the…
HFCS Prices Near Records as Usage Nears Lows
The four major U.S. corn syrup makers are raising prices at a time of slowing demand. Corn sweetener manufacturers like Archer Daniels Midland and Cargill sent letters to customers earlier…
Lower Meat Prices Stall Food Inflation
Consumer food prices in the U.S. were unchanged in July, thanks largely to declining meat costs. The Labor Department reports the consumer price index for meats, poultry, fish and eggs…
Louisiana Flooding Destroys $14 Million of Rice
…talking with extension agents in every affected parish, and using an average yield value of 7,100 lb/acre and an average rice price of $11 per cwt, Harrell came up with…
Prospects Good for Record Almond Crop
…current price. “You can’t have big prices every year,” he said. “The price levels out year to year. I’d like to have a little bit more, but I’m fine with…
Rural Mainstreet Economy Weakens
…Mainstreet Index fell below growth neutral. * Farmland prices remained below growth neutral for the 32nd straight month. * Bank CEOs reported a 6 percent decline in farmland prices over…
Indonesian Wheat Milling Executives Coming to America
…says it will also promote the advantages of soft white for great performance in cakes, cookies, and other soft wheat products. U.S. wheat has been at a price disadvantage against…
Farm Bureau Asks USDA for Emergency Dairy Assistance
…provide emergency assistance to the nation’s dairy farmers, against a backdrop of plummeting farm-level milk prices. In a letter to Agriculture Secretary Tom Vilsack, AFBF President Zippy Duvall noted that…