(DTN) – Farmers may see a seasonal reprieve in diesel prices as distillers switch from making heating oil to transportation fuel, but there won’t be a major correction to prices …
Input Costs
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Ag News StoriesLivestock NewsNews
Cattle Supply and Demand Issues for the 2022 Marketing Year
by Colter BrownAt first glance, 2022 cattle prices are higher than 2021. At $138, slaughter steer prices are 15.35% above 2021 prices, but even with higher prices, farmers and ranchers will travel …
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The Consumer Price Index increased again in March as the nation grapples with decades-high inflation. The Bureau of Labor Statistics reports year-over-year inflation in March was 8.5 percent. American Farm …
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High prices for U.S. corn, soybeans and wheat are not expected to be a short-term shock, according to a new RaboResearch report, “The Grain Drain After Ukraine.” While the sudden …
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Like any other business, farmers and ranchers are constantly evolving their budgets. For farms, the constant attention to detail becomes particularly important in times of high volatility, like we have …
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The USDA announced it will support developing additional fertilizer production in the U.S. to address rising costs and spur competition. The agency will make $250 million available this summer through …
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Ag News StoriesGrain NewsNews
House Ag Committee Reviews Farm Bill Safety Net Programs
by Colter BrownThe U.S. House Agriculture Committee had a hearing this week to examine farm safety net programs with testimony from farmers and commodity groups. Witnesses said that although commodity prices are …
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Ag News StoriesNews
2022 Farm Profitability Outlook: Expenses Up, Net Farm Income Down
by Colter BrownUSDA’s most recent Farm Sector Income Forecast, released Feb. 4, anticipates a slight decline in net farm income for 2022. U.S. net farm income, a broad measure of farm profitability, is …
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Ag News StoriesNews
U.S. Monetary Policy Poised to Replace COVID as Economic Wild Card
by Colter BrownDespite the surge in COVID cases and the complications it brings, the U.S. economy continues to thrive. Workers are steadily returning to the labor force; the unemployment rate is currently …
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Ag News StoriesGrain NewsNews
CoBank: High Fertilizer Costs to Extend into Spring Planting
by Colter BrownA dramatic rise in fertilizer prices is weighing heavily on U.S. crop farmers and input suppliers as they prepare for the 2022 planting season. Prices for nitrogen-based fertilizers commonly used …