Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Adriana Valcu-Lisman, Angel Terán, Mildred Haley, and Grace Grossen
The Livestock, Dairy, and Poultry Outlook for October 2023 analyzes economic impacts of month-to-month changes in USDA’s “World Agricultural Supply and Demand Estimates”...
Source: Iowa State University
In the October issue of the Daily livestock Report, the Steiner Consulting group did a great job of highlighting the impact of dairy beef. They drilled down on the fact that about half of the US...
Source: Global Market Insights, Inc
The global agricultural landscape is on the brink of a transformative shift, with the Crop Protection Chemicals Market poised to witness extraordinary growth, projected to exceed a staggering $132.4 billion by the year 2032.
This unprecedented...
Source: USDA
Annual milk cost of production estimates vary by State and the size of operation. These estimates are shown below. For national and regional annual milk cost of production estimates, please go to the commodity costs and returns section.
Milk...
Source: Michigan State University
Zachariah Rutledge, Michigan State University Department of Agricultural, Food, and Resource Economics; and Phil Durst, Michigan State University Extension
While labor-saving technology has increased productivity, people are still an integral part of cow care. In this article...
Source: USDA
by Russell Knight, Hannah Taylor, William Hahn, Angel Terán, Adriana Valcu-Lisman, Mildred Haley, and Grace Grossen
The Livestock, Dairy, and Poultry Outlook for September 2023 analyzes economic impacts of month-to-month changes in USDA’s “World Agricultural Supply and Demand Estimates”...
Source: Farm Credit Administration
Because of persistent strength in labor markets and consumer spending, economic growth during the first half of 2023 was stronger than anticipated. Inflation and some recessionary indicators in the second half make prospects for growth less...
Source: USDA news release
This week, the U.S. Department of Agriculture is celebrating the one-year anniversary of the Partnerships for Climate-Smart Commodities funding opportunity's initial project selection. Joining producers, project leaders, and project partners, Agriculture Secretary Tom Vilsack visited a...
Source: Association of Equipment Manufacturers
As equipment manufacturers look ahead to the remainder of 2023 and beyond, the landscape continues to present challenges for the industry and the ag and construction customers it serves.
AEM members report demand for products across...
Source: USDA
The USDA, Economic Research Service (ERS) forecasts inflation-adjusted U.S. net cash farm income (NCFI) to decrease by $60.5 billion (28.9 percent) from 2022 to $148.6 billion in 2023. Similarly, U.S. net farm income (NFI) is forecast to fall...
