Extreme weather and supply chain issues have impacted prices for the vast majority of commodities in 2021, ranging from lumber to corn. Until recently, coffee (and avocados) seemed to be surviving in an inflationary market …
Vertical farming is growing by leaps and bounds. In fact, the evolving form of agriculture has become a multibillion-dollar industry and is expected to reach $12.77 by 2026, growing at a compound annual growth rate …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: an interview with Wells Fargo agricultural economist Dr. Michael J. Swanson on a …
Among the factors behind soaring agricultural commodity prices this past year has been China’s food imports and its efforts to boost food security. And while pandemic-related supply constraints among exporters grabbed headlines, China has been …
Inflation is affecting prices across the food continuum, and meat is no exception. Meat prices were up in the first two quarters of the year when compared to both 2020 and 2019, according to analysis …
The USDA’s Farm Service Agency will begin accepting applications next Tuesday from livestock producers who suffered pandemic losses as a result of their inability to gain sufficient access to processing. Relief will come from the …
To address concerns about competition in the U.S. ranching and farming system, USDA will allocate $500 million to expand meat and poultry processing capacity across the nation. The agency said the move was “one of …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: grocery inflation, menu price hikes, cost saving ideas, and more. Don’t be surprised …
Global food prices recently fell for the first time in a year, potentially offering some relief for consumers and easing inflationary pressures. COSTS DROP 2.5% A United Nations gauge of food costs dropped 2.5% in …
The USDA is predicting increased milk production this year and next, pushing prices lower in the near term. University of Missouri economist Scott Brown told Dairy Herd Management (June 22) producers are getting squeezed by …
While Americans are paying more for everything from lumber to computer parts, and with most of the food industry contending with price increases, one surprising exception can be found: avocados. While often considered one of …
Pork has been making headlines of late, with one of the most notable updates being that prices for U.S. hogs have slipped since the Chinese government said its supplies have nearly fully recovered from African …
You thought 2020 was bad? This year has featured extreme drought conditions. Then, cicadas and grasshoppers. Now, the Pacific Northwest is getting walloped by a nearly unprecedented heatwave. Portland, Seattle, and swaths of western Canada …
Record-breaking temperatures and water shortages continue to pummel the agricultural industry across the western U.S. California farmers are scaling back production and uprooting crops as they struggle to navigate relentless drought conditions. Meanwhile, the impending …
Strong grain prices, low interest rates and increasing exports are bringing stability to the rural economy, the June Rural Mainstreet Index from Creighton University indicates. Strong growth points to an improving farm economy featuring solid …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: inflation analysis, food commodities outlook, The Kroger Co. (KR) earnings digest, and more. …
While The Food Institute has previously explored some NASA-inspired innovations in the agriculture industry, we’re going to stay somewhat closer to Earth and take a deeper dive into how The Internet of Things (IoT) has …
Here’s a look at the latest in agriculture news from throughout the U.S. this week. … USDA announces more than $1B disaster payments: The USDA plans to begin distributing more than $1 billion in Quality …
Cargill is backing “masks” for cows in an effort to reduce greenhouse gas emissions. Yes, you read that correctly. The mask-like device was developed by Zelp Ltd., which claims it can reduce methane emissions by more than …
Two people are facing federal charges they bilked investors across the country in a $650 million Ponzi scheme involving bogus short-term cattle or marijuana investments. Reva Joyce Stachniw, 69, of Galesburg, Illinois, and Ron Throgmartin, …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: CPI, PPI, small business optimism, Tyson Foods, Inc. (TSN), Aramark (ARMK), Utz Brands, …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: PPP, Restaurant Revitalization Fund, lumber shortage and inflation, hiring recovery, inflation in Brazil, …
While migrant workers have long supported the agricultural economy, it’s no secret that some operators use illegal immigrants to harvest their crops. With that, lawmakers have been wrestling with immigration reform for years, with little …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: American Families Plan, restaurant reservations, McDonald’s (MCD), Archers-Daniel-Midland Company (ADM), Kraft Heinz Company …
As recent headlines suggest, the agriculture industry is embracing new forms of automation. Here’s a look at a few companies offering innovative solutions to producers. AUTONOMOUS WEEDING ROBOT Startup Carbon Robotics revealed the latest iteration …
Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: unemployment benefits, global debt, surging commodities, restaurant reservations, Coca-Cola (COKE), and more Trending …
Many food companies are raising prices to offset higher costs. Higher commodity costs are pressuring companies’ profits, while some are also starting to lap their surging sales sparked by stockpiling in 2020, reported CNBC (March …
Cattle produce approximately 78% of total livestock greenhouse gas emissions and are responsible for 14%–18% of human GHG. But, according to a recent report by Global Change Biology, ranchers who focus on changes to their agriculture production …
Some coffee purveyors say they’re not too worried – at least in the short term – about the shipping container shortage that is pressuring already tight coffee supplies, the result of a South American drought …
Saturday, March 20, was declared MeatOut day by Colorado’s governor, which prompted defiant gatherings supporting farmers in Colorado, Nebraska, and Wyoming. Colorado Gov. Jared Polis, a Democrat, pointed to the health and environmental benefits of …
Amid soil erosion, tens of millions of U.S. farmland acres lost to development, and global food demand rising upwards of 98% by 2050, there are serious concerns about how the agriculture industry will meet tomorrow’s …
Lately, U.S. farmers are shipping record volumes of crops and meats across the Pacific. A key factor at play: three years after the beginning of a trade war, China is reviving its trade relations with …
Global food prices are the highest they’ve been in six years, with the price of agricultural commodities traded on the global stage rising 50% since the middle of 2020, according to economists at Rabobank. Additionally, …
U.S. coffee processors are reporting significant cost increases in their operations, mostly related to transportation, and expect to raise retail prices soon. Mid-sized and smaller roasters have been hit hardest, but even larger companies say …
Agriculture-related losses from the recent winter storm in Texas are estimated to total at least $600 million, according to the Texas A&M University AgriLife Extension Service, reported The New York Times (March 4). Here’s a breakdown …
Fruit and vegetable production, like all agricultural practices, must adapt to climate change. That is, producers – already experiencing soil depletion and water supply issues – will also have to contend with severe weather disruptions …
