James Mintert, Purdue University
“Farmer Sentiment Drifts Lower While Producers Remain Optimistic About the Future”
By: CropLife – January 12, 2025
“While sentiment dipped this month, it’s clear that much of the postelection optimism about future conditions is still holding strong. Producers’ optimism about the future seems to stem largely from their expectations for a more favorable policy environment over the next five years.”
(Continued...)
Read more on: CropLife
Amy Hagerman, Oklahoma
State University
Bart Fischer, Texas A&M University
Joe Outlaw, Texas A&M University
Current Economic Factors Influence Farm Bill Needs in 2025”
By: Farm Progress – January 13, 2025
“As we contemplate the farm bill in 2025, it’s important to consider the evolving U.S. agricultural landscape shaping agricultural policy discussions and policies’ potential impact on U.S. farmers and ranchers. Producers are facing a number of challenges such as commodity price volatility, increased input costs, the potential for rising farm debt, unpredictable weather and recent disaster events, trade tensions, and farm labor shortages. Delays in farm bill reauthorization since 2023 have added an additional degree of uncertainty for farmers and ranchers.”
(Continued...)
Read more on: Farm Progress
David Anderson, Texas A&M University
- “Egg Inflation Surges 8.5% in December as Bird Flu,
High Demand Strain Supply”
By: New York Post – January 13, 2025 - “USDA Halts Mexican Cattle Imports, Impacting
Millions in Texas Livestock Industry”
By: Insurance Journal – January 13, 2025
David Ortega, Michigan State University
“Northern California Public Media. Avian Flu Outbreaks Cause Shortages, Drive Up Prices of Eggs For Consumers”
By: Northern California Public Media – January 10, 2025
“While avian flu infecting commercial flocks, causing culls and denting production is a big factor, it is only one piece of the price puzzle. The demand for eggs is what we call in economics, relatively inelastic. Meaning that when prices increase, we don't see as large of a decrease in the quantity of eggs that are demanded; and you know, we're coming off of the holiday period, which is where we see an increase in the demand for eggs."
(Continued...)
Read more on: Northern California Public Media
Dan Scheitrum, California Polytechnic State University
“Why it’s So Hard to Find Eggs in SLO County Now — And Why They Cost so Much When You Do”
By: The Tribune – January 17, 2025
“It comes down to issues within the poultry industry as well as some specifically California challenges. The layman’s explanation is there is a national run-up in the price of eggs, which is even more pronounced here in California than in other parts of the country.”
(Continued...)
Read more on: The Tribune
K. Aleks Schaefer, Oklahoma
State University
Luis Ribera, Texas A&M University
“Ag Trade Outlook: Navigating Uncertainty Amid Policy Shifts”
By: Farm Progress - January 16, 2025
“The U.S. agricultural trade outlook for 2025 is clouded with uncertainty driven by both global economic dynamics and domestic policy shifts. As shown in Figure 1 below, the USDA projects agricultural exports could reach $170 billion — a slight decrease from the 2024 calendar year. Imports are expected to reach a record $215.5 billion. If both of these projections are accurate, these trade patterns would result in a record $45.5 billion agricultural trade deficit.”
(Continued...)
Read more on: Farm Progress
Michael Langemeier, Purdue
University
Gary Schnitkey, University of Illinois, Urbana-Champaign
“Ag Economists' Recommendations Reminiscent of 1980s”
By: Farm Week Now - January 16, 2025
“Be really cautious in machinery purchases. Obviously, if you really need to replace a machine, go ahead and do that. In rough times, farmers need to take a close look at liquidity and working capital. Buying used machinery may help them reserve working capital to make sure they can make debt payments.”
“I don’t expect corn and soybean prices to return to the stellar levels of a few years ago. I believe $4.30 corn and $10.40 soybeans are the long-term plateau. We have to get used to that.”
(Continued...)
Read more on: Farm Week Now
Scott Irwin, University of Illinois, Urbana-Champaign
“Commodity Price Outlook Remains Challenging; More Corn Acres Expected in 2025”
By: Brownfield – January 16, 2025
“Most balance sheets have seen some relief in recent months with a minor harvest rally and now supply and demand surprises. Things are not as dire as they looked last summer, so that’s good. But we still have a situation where costs have gotten elevated relative to the current level of grain prices.”
(Continued...)
Read more on: Brownfield
Jared Hutchins, University
of Illinois, Urbana-Champaign
Jonathan Coppess, University of Illinois, Urbana-Champaign
“Illinois Continues to Raise the Bar For Beans”
By: Farms.com - January 16, 2025
“Soybeans were introduced in Illinois in 1851 and credited to Dr. Benjamin Franklin Edwards. He traveled to San Francisco in 1849 to seek his fortune in the gold rush. In 1851, he returned to Alton, Illinois, carrying with him soybean seeds that he apparently received from a crew of Japanese sailors that had been held in quarantine after being rescued at sea.”
(Continued...)
Read more on: Farms.com
Wendong Zhang, Cornell University
"China Accelerates Crop Breeding Amidfood Security, Trade Concern"
By: Agri-Pulse - January 15, 2025
"China has sought to strengthen its food security for decades. But its focus has expanded since the conflict that defined then-President Donald Trump’s first term. The latest moves are part of a new effort to shore up domestic production of crops that may be vulnerable to trade shocks. They are anticipating, potentially, turmoil. They are also becoming more and more careful to think about what is the specific reliance on U.S. products.”
(Continued...)Read more on: Agri-Pulse
No comments:
Post a Comment