A U.S. beef inventory that continues to decline and strong consumer demand have led to expectations of continuing strength in the cattle markets. But some uncertainty remains for cattle producers.
What do the recent layoff announcements from major agriculture companies mean for the ag industry? Chad Hart, ag economics professor from Iowa State University, provides some insight.
Economist Joe Mahon said the income picture for farmers is 鈥渘ot as bad as it could be, but certainly not great, and a consistent downward trend" while discussing a survey of ag bankers.
The lawsuits claim that sugarbeet and sugar cane companies have joined together to raise the price of sugar to end-users such as bakeries and restaurants.
The U.S. cattle herd has shrunk to levels not seen since the early 1950s. As cattle prices rise and drought conditions diminish, ranchers are looking for ways to rebuild and replace lost genetics.
Cattle producers in northern and central Minnesota are increasingly dealing with unwelcome interactions with wolves and deer and may soon have some elk to contend with.
Farmers like Mike Clemens have advocated for more value-added processing in the region since the 1980s. Green Bison Soy Processing represents a big step in that direction for the soybean sector.
In 2023, yellow potatoes made up about 40% of the potatoes grown by Red River Valley farmers, said Ted Kreis, Northern Plains Potato Growers Association Potato Bytes newsletter editor
North Dakota has three soybean crush plants in the works. Those largely will produce soybean meal for animal feed. But a big and growing piece of the puzzle is biofuels made from soybean oil.
