…in crop nutrient prices by giving it access to Agrium’s steady retail business. For Agrium, a deal would expand its product lines of potash and other fertilizer ingredients. From the…
DOJ Seeks to Stop Deere from Purchasing Monsanto’s Precision Planting Division
…mean higher prices for farmers who want to buy equipment for high-speed precision planting, according to Reuters. In a statement, Deere announced the company would fight the lawsuit, calling the…
USDA Sharply Revises Farm Income Forecasts
…the farm sector as a whole, farm businesses are expected to incur lower expenses in 2016, particularly for livestock/poultry purchases, fuel, and fertilizer. Cash expenses for U.S. farm businesses are…
Low Wheat Price Support Needed in New Farm Bill
Wheat prices have tumbled to the lowest point they’ve been at in the last decade, thanks in part to a successful harvest in the U.S. and strong harvest prospects overseas….
Farm Futures Releases 2017 Planting Intentions
…year’s crop. Growers said they’re considering 84.4 million acres of soybeans for next year, which is one percent higher than this year’s plantings. Lower prices for corn may cause farmers…
Falling Food Prices Hurt Farm Belt
The U.S. is on pace to continue the longest stretch of falling food prices in over 50 years. While the lower prices are a boon to shoppers, it’s putting serious…
Agriculture Secretary Vilsack on Farm Income Forecasts
…Coverage (PLC), and the Margin Protection Program for Dairy (MPP)-are forecast to increase nearly 25 percent to $13.5 billion in 2016. For producers challenged by weather, disease and falling prices,…
USDA Buying Eggs to Ease Surplus
…prices. USDA says the products will go to various food nutrition assistance programs, and to charitable institutions. The actual dollar amount spent will depend on bid prices received after a…
Pacific Region Poultry/Egg Report
…number placed during the same month a year earlier. Net placements were up slightly from the June 2016 total of 24.3 million. U.S. Poultry and Egg Prices The June market…
Co-ops and Ag Retailers Face Economic Challenges
…incomes and tightened up on-farm cash flows. The ag industry has seen a downturn in fertilizer prices as well as mergers in the seed and fertilizer industries. “The drop in…
Schneider Electric SE Mulling Sale of DTN
…lower demand stemming from decreased oil and gas prices. Sources tell Bloomberg Schneider does not consider DTN a “core operation,” despite being a solid, profitable business. DTN would likely attract…
Federal Ag Spending to Increase Through 2018
…why the office projects agriculture spending would go up, but the increase likely stems from payments triggered by low commodity prices. From the National Association of Farm Broadcasting news service….
Agri View: Table Meat Farming
…He dresses and freezes his own turkeys. One will cost you fifty or seventy five dollars. Now can he succeed with prices like that? Well, he keeps increasing his inventory…
NMPF Statement on Decision to Purchase Cheese to Help Dairy Farmers
…farmers, and suggest ways to help farmers endure this lengthy period of low prices. “We also appreciate the USDA extending the sign-up deadline for enrollment decisions in the dairy Margin…