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Meat Prices Continue to Rise After Pandemic Push

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 …

FI Agriculture Recap: Pandemic Relief for Livestock Producers

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 …

The Current State of the U.S. Farmer

What’s the current state of the U.S. farmer? With historic heat, record droughts, and unprecedented supply chain problems, The Food Institute Podcast invited Wells Fargo agricultural economist Dr. Michael J. Swanson to discuss market conditions, …

Avocado Volumes on the Rise While Prices Decline

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 …

Grasshoppers Threaten Farmland as Drought Conditions Intensify

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 …

Is the Future of Farming Inside?

Is the Future of Farming Inside? Indoor farming may be the future for many leafy greens, vegetables, and fruits. As agricultural technology develops amidst severe drought in California, the future of indoor farming looks bright. ...

Food Industry Financials: Inflation, KR, and more

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. …

Key Themes from the BMO Farm to Market Conference

This Episode of the Food Institute Podcast is Sponsored by: BMO Dive into the key themes from the 16th Annual BMO Farm to Market Conference with Erica Kuhlmann during her first appearance on the Food …

Inside a $650M Ponzi Scheme Including Cattle

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, …

Food Industry Financials: Inflation, TSN, ARMK, and more

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, …

Will Congress Adopt Migrant Farmworker Reforms?

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 …

Agriculture Is Embracing Automation with Robotics and Drones

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 …

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Study: Ranchers Can Reduce Livestock’s GHG Emissions by 50%

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 …

Exploring SPACs for the Food Industry

Despite their recent popularity, special purpose acquisition companies (SPACs) are unfamiliar to many in the food industry. Lazard Middle Market Managing Director David Iverson and Director Alejandro Cola join the Food Institute Podcast to provide …

MeatOut Day in Colorado Sparks Debate

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 …

Winter Storm Causing Chaos for Food Industry in Texas

Food businesses including grocers, restaurants  and farmers, are faced with major issues due to this week’s severe winter weather in Texas. GROCERS AND RESTAURANTS Power outages and supply problems linked to the nearly unprecedented cold …

Farmers Likely to Take a Hit Following a Profitable 2020

Prior to this week’s extreme weather in the south, the USDA was already projecting that U.S. farmers wouldn’t see another year as profitable as 2020 for at least a decade. USDA FORECASTS LOWER PROFITS DESPITE …

New Bills Could Provide Assistance to Black Farmers

Each February, Black History Month not only celebrates the achievements of African Americans, but also highlights some of the mistreatment African Americans have endured over the course of our history. Perhaps it’s appropriate, then, that …

FI Agriculture Roundup: Vilsack Focused on Climate Change

Tom Vilsack, President Joe Biden’s nominee for U.S. agriculture secretary, pledged this week to increase USDA programs to combat climate change, expressing confidence that farmers will embrace the chance to make money by sequestering carbon within …