On Wednesday, the Federal Reserve Board released its February 2023 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…
In its monthly Oilseeds: World Markets and Trade report yesterday, the USDA's Foreign Agricultural Service (FAS) indicated that, "For the third straight month, 2022/23 Argentina soybean production is lowered as…
DTN writer Russ Quinn reported last week that, "Retail fertilizer prices continue their march lower, according to prices tracked by DTN for the third full week of February 2023."
Bloomberg writer Agnieszka de Sousa reported today that, "Global food costs edged down again, extending their retreat to the lowest in 17 months, although consumers continue to feel the pinch…
Reuters writer Julie Ingwersen reported yesterday that, "Crop insurance policies that guarantee prices for the 2023 growing season are the highest since 2011 for corn and the second-highest on record…
Bloomberg writer Tatiana Freitas reported yesterday that, "Wheat futures declined to the lowest in 17 months amid ample near-term supplies."
Bloomberg writers Kim Chipman and Elizabeth Elkin reported on Friday that, "Corn farmers stung by soaring fertilizer costs in the aftermath of Ukraine’s invasion are poised for further relief as…
Speaking on Thursday at USDA’s Agricultural Outlook Forum, USDA Chief Economist Seth Meyer provided a broad outlook for U.S. agriculture. Today’s update provides an overview of key aspects of Dr…
Last week, the Federal Reserve Banks of Kansas City and Minneapolis released updates regarding farm income, farmland values and agricultural credit conditions. Today's update contains highlights from the Fed reports.
Logan Garcia, Market Reporter -- at Fertecon, S and P Global Commodity Insights, reported last week at DTN that, "January began a reset across the nitrogen complex with anhydrous ammonia,…
On Friday, the USDA's National Agricultural Statistics Service (NASS) released its annual Farms and Land in Farms report.
On Wednesday, the U.S. Department of Agriculture released its 10-year projections for the food and agricultural sector.
Wall Street Journal writer Gwynn Guilford reported on the front page of today's Wall Street Journal that, "Still-elevated inflation cooled slightly at the start of 2023 to 6.4% in January…
DTN writer Russ Quinn reported last week that, "Average retail fertilizer prices moved lower again the last week of January 2023, continuing a trend that has been present since just…
On Thursday, in the Federal Reserve Bank of Chicago's quarterly AgLetter, David Oppedahl explained that, "In 2022, the District saw a strong annual increase of 12 percent in its farmland values."
The USDA’s Economic Research Service (ERS) indicated on Tuesday that, "Farm sector income is forecast to fall in 2023 following two years of strong growth."
Reuters writer Crispian Balmer reported today that, "World food prices fell in January for a 10th consecutive month, and are now down some 18% from a record high hit last…
In its February Market Monitor report, the Agricultural Market Information System (AMIS) indicated that, "Fertilizer prices have declined by more than 40 percent since hitting record (nominal) highs last spring, especially…
Bloomberg writers Michael Hirtzer and Elizabeth Elkin reported yesterday that, "Steaks and hamburgers will likely be more expensive in the next few years with US cattle shrinking to its lowest…
Emiko Terazono reported on Saturday at The Financial Times Online that, "Fertiliser and crop prices have fallen sharply since their peaks after last year’s Russian attack on Ukraine."