January Cattle Inventory Report Expected to Show a Three Percent Decrease
One of the first big reports in the new year is the upcoming Cattle Inventory Report in January. Dr. Derrell Peel, a livestock marketing economist with Oklahoma State University, talks about his pre-report expectations. “As I look
Iowa Ranks #1 In Country For Amount Of Pigs And Hogs
(Des Moines, IA) — Iowa continues to have the largest pig Inventory in country. The USDA Quarterly Hogs and Pigs report shows Iowa has 23-point-six million pigs. Minnesota comes in second with eight-point-six million. Pigs currently outnumber
China Set to Launch Grain Reserves Company in January
According to a report from Reuters, China is set to launch a new grain reserves company starting in January. The joint venture between state-owned grains trader COFCO and state stockpiler Sinograin was established back in September. You
North Dakota, Minnesota farmers prepare to promote northern grown soybeans in Thailand
BANGKOK – Thailand is a major player when it comes to U.S. soybeans. Ranking as the 2nd largest importer in Southeast Asia, Thailand purchased $468.85 million worth of U.S. soybeans in 2021. But Northern Soy Marketing (NSM), who is
Free Online Ag Economic Discussions to Continue in 2023
BROOKINGS, S.D. – South Dakota State University Extension will continue its Ag Economic Dialogues series in 2023 to address current economic issues that farmers and ranchers face. The monthly series will start 10 a.m. CST Jan. 20
New Report: Topsoil Eroding More Quickly Than Estimated in Minnesota
(Undated) — Samples taken from land in southwestern Minnesota are being cited as part of a new soil erosion study. A new report indicates that topsoil is eroding at a much faster rate than previously estimated. A
USDA Economist Not Worried About Potential Ag Trade Deficit
USDA is forecasting an agricultural trade deficit in 2023. While deficits have happened in the past, the agency has never forecast one in advance until this year. The agency says ag exports are projected to reach $190
Vilsack on IRA Transfers to Farm Bill—Premature Question
USDA Secretary Tom Vilsack says it’s premature to ask if billions in Inflation Reduction Act conservation funds can be transferred to the upcoming farm bill, even as the need will likely exist. The decision will be up
Omnibus Bill Included Pesticide Registration Improvement Act
The recently-passed omnibus spending legislation contained the reauthorization of the Pesticide Registration Improvement Act, something important to CropLife America. The organization says it will strengthen and improve the Environmental Protection Agency’s pesticide registration process. “The EPA’s scientists
Egg Prices Double During the Past Year
Eggs are more expensive than they were last year. Marketplace says the Bureau of Labor Statistics reports the price of a dozen Grade A eggs jumped from $1.82 last year to almost $3.60 in 2022. While part