Fertilizer Prices Mixed- Urea Climbs, Anhydrous Lower
DTN writer Russ Quinn reported last week that, "Retail fertilizer prices moved in opposite directions the second week of May 2023, according to sellers surveyed by DTN."
Global Grains Production “Forecast to Hit an All Time High,” as Drought “Is Shrinking” U.S. Winter Wheat Crop
Dow Jones writer Yusuf Khan reported yesterday that, "Global production of wheat, corn, barley and other grains is forecast to hit an all time high in the forthcoming season, as…
Global Soybean Production Forecast at Record Level, on Record Crops in Brazil, U.S.
In its monthly Oil Crops Outlook report yesterday, the USDA's Economic Research Service (ERS) indicated that, "U.S. soybean production for the 2023/24 marketing year (MY) is projected to climb by…
Record U.S. Corn, Soybean Production Expected, as U.S. Wheat “Stockpiles to Fall to 16-Year Low”
Bloomberg writers Michael Hirtzer and Tarso Veloso Ribeiro reported on Friday that, "America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at…
Federal Reserve Ag Credit Surveys- 2023 First Quarter
Late last week, the Federal Reserve Banks of Chicago, Kansas City and Minneapolis released updates regarding farm income, farmland values and agricultural credit conditions from the first quarter of 2023. The Federal…
Fertilizer Prices: “Somewhat Varied”
DTN writer Russ Quinn reported last week that, "For the first time in several months retail fertilizer prices are somewhat varied, according to prices tracked by DTN for the first…
Supreme Court Upholds California’s Animal-Cruelty Law
Adam Liptak reported in Friday's New York Times that, "The Supreme Court on Thursday upheld a California law that sought to address cruelty to animals, saying the state could require…
Food Prices Climb 7.7 Percent Over the Last Year
Gabriel T. Rubin reported on the front page of today's Wall Street Journal that, "Inflation edged slightly lower in April, likely keeping the Federal Reserve on course to pause interest-rate…
Fertilizer Prices “Well Below Year-Ago Levels”
DTN writer Russ Quinn reported last week that, "Most average retail fertilizer prices continued to be down from the previous month in the fourth week of April 2023, according to…
Global Food Prices Climb, as “U.S. Corn Export Sales Hit Record Low”
Bloomberg writers Megan Durisin and Mumbi Gitau reported today that, "Global food prices rose for the first time in a year, just as the rampant run-up in grocery costs begins…
Iowa Farmers Worried, “Profits Per Acre Are a Concern,” China Food Security in Focus
Donnelle Eller reported on the front page of the Sunday Des Moines Register that, "Iowa farmers have a lot on their minds as they hook tractors onto planters this year:…
Fertilizer Prices Mixed, as Anhydrous Drops Below $1,000; Diesel Prices in Focus
DTN writer Russ Quinn reported last week that, "Most retail fertilizer prices continued to shift lower the third week of April 2023, according to retailers tracked by DTN. However, for…
Flooding Concerns Along Upper Mississippi River Basin Persist
Scott Dance reported in Saturday's Washington Post that, "Record winter snowfall across northern Minnesota, which quickly melted in a spell of unprecedented spring heat, is dramatically swelling waterways along the…
Kansas City Fed: Rising Interest Rates Impacting Farm Lending
In an update last week from the Federal Reserve Bank of Kansas City ("Interest Rates Rise and Farm Lending Softens"), Nate Kauffman and Ty Kreitman indicated that, "Growth in farm…
Fertilizer Prices Fall Again
DTN writer Russ Quinn reported last week that, "Average retail fertilizer prices were down again the second week of April 2023, continuing a trend that has been in place since…
Federal Reserve: Observations on the Ag Economy- April 2023
On Wednesday, the Federal Reserve Board released its April 2023 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…
Fertilizer Prices Continue “Shift Lower”
DTN writer Russ Quinn reported last week that, "Retail fertilizer continues to shift lower, according to prices tracked by DTN for the first full week of April 2023. The trend…
USDA Testing Bird Flu Vaccines
Nidhi Subbaraman reported in Saturday's Wall Street Journal that, "To stop the devastating global bird-flu outbreak that has killed over 100 million poultry, the U.S. and Europe are embracing a…
Grocery Prices Declined in March, Eggs “Posted the Biggest Single-Month Drop since 1987”
Gwynn Guilford and Nick Timiraos reported on the front page of today's Wall Street Journal that, "U.S. inflation eased in March to its lowest level in nearly two years, but…
Fertilizer Prices Continued to Fall in March
DTN writer Russ Quinn reported last week that, "All average retail fertilizer prices were down from last month in the fourth full week of March 2023, according to sellers surveyed…