Agriculture/Commodities Archive > Page 5

Inflation Alters Plans for Two Meat Processors

National Beef Packing Co. LLC has postponed the planned $100 million expansion of its Tama, Iowa, plant, citing rising costs, Meat+Poultry reported (June 10). In March 2021, the company announced the expansion, which would have …

Recent Biden Initiatives Look to Support Farmers

President Joe Biden has increased the number of counties eligible for double cropping as part of a series of actions aimed at increasing U.S. production to offset tight global food supplies sparked by Russia’s invasion …

Analyst: Expect Higher Egg Prices Through 2022

(Editor’s Note 6/15/2022: For updated coverage on the shell egg market, please read “Analysts: Expect Continued Demand for Eggs Despite High Prices“) Egg buyers may have found some relief in March as prices moderated, but …

Experts: Autonomous Equipment Could Be Game Changer in Ag

Innovation is making it easier for farmers to optimize efficiency. And with that in mind, new agricultural technologies are the focus of The Food Institute’s report this month, which will be available to members starting April 19 …

Teen Spending Up, Interest in Plant-Based Down

Teens are spending more money (+9%) and food is a top priority, according to Piper Sandler’s Taking Stock with Teens Spring 2022 survey. With these themes in mind, below are key findings that food industry …

When Will Perfect Storm of Food Inflation Subside?

Call it a perfect storm: COVID led to labor shortages and supply chain issues and to fuel shortages, all of which contributed to inflation. Factor in Russia’s invasion of Ukraine and unpredictable weather, and food …

As Bird Flu Outbreak Grows, Egg Prices Spike

In the last week, the USDA has added six states to the list where highly pathogenic avian influenza (HPAI) has been detected. The Animal and Plant Health Inspection Service confirmed the presence of bird flu …

Agriculture: Deere Sparks Controversy; Bird Flu Spreads to North

Farmers and advocates have filed a 40-page complaint with the Federal Trade Commission demanding that the agency end Deere & Co.’s efforts to prevent farmers and independent dealers from repairing Deere’s equipment. The National Farmers …

Grain Markets Monitor Russia-Ukraine Conflict

U.S. consumer support for domestic agriculture has grown stronger, according to a  new survey from the United Soybean Board. In fact, 78% of respondents said it’s important to purchase U.S.-grown food, an 8% increase from a …

Russia Invasion of Ukraine to Push up Energy, Food Prices

The United States and its allies are escalating sanctions against Russia as a result of its invasion of Ukraine that could ripple through the world economy, aggravating inflation and supply chain issues, and prompting consumer …

Poultry Growers Under Pressure as Bird Flu Spreads

Poultry growers have been advised to double down on biosecurity and sanitation practices with reports of further avian influenza infections in both commercial and non-commercial flocks, as well as wild birds, in the Northeast and …

Zeroing In on Rising Egg Prices

It’s clear that egg prices rose in the first month of 2022, but determining a definitive cause is a bit more elusive. The price of a dozen large white eggs rose to a national average of $2.08 on Feb. 9, representing a 22.5% increase month-over-month.

Inaugural Protein & Plant Evolution™ Conference Announced

Interactive & Educational Conference Designed to Meet the Needs of Retailers, Foodservice Operators, Food Manufacturers, Investors, Financial Services and Policy Makers, Scheduled for June 1-3 February 16, 2022/FI Newswire/ – The Food Institute and The Lempert …

US Bird Flu Outbreak has Poultry Operators on Edge

An avian influenza outbreak at a turkey growing operation in Dubois County, Indiana, has Midwest poultry operations on edge with the annual migration of wild birds about to begin in earnest. The outbreak is the …

Can the Seafood Supply Chain Hold as Demand Rises?

While the seafood sector appears well positioned for growth, can the supply chain hold as demand rises? The Food Institute takes a closer look at some of the category’s recent developments. Supply chain implications as …

Can Beef Prices Moderate Amid Recent Developments?

Beef prices are up, but relief could be on the way. Retail beef prices rose 30% from the beginning of 2020, before pandemic lockdowns started, to a peak of $7.90 per pound in October, before …

New GMO Labeling Rules Spark Debate

The food industry is grappling with questions on how to comply with the new labeling rules for genetically modified foods, experts said. The new rules are Congress’s answer to confusion created by states’ varying legislation …

Meatpacking Consolidation Concerns Democrats

Democrats are raising antitrust concerns related to the meatpacking industry, accusing major players of profiteering and contributing to inflation. At a recent House Judiciary antitrust subcommittee hearing, Chairman David Cicilline, D-R.I., argued poultry integrators and …

Deere Unveils Autonomous Tractors

John Deere, which introduced its first tractors in 1918, plans to start large-scale production on a fully autonomous tractor that features Deere’s 8R tractor, TruSet-enabled chisel plow and GPS guidance system, along with other advanced …

African Swine Fever Sweeping Globe; is US Next?

African Swine Fever has been detected in three areas of Asia, sparking fears it could impact the pork industry. ASF affects both domestic and feral swine and is highly contagious but does not affect humans …

Analysis: Why the ‘Regenuary’ Movement is Taking Root

By now, you’re likely familiar with Veganuary, which promotes adopting a vegan lifestyle throughout the month of January. In 2022, though, the so-called Regenuary movement is also taking root. Regenuary is a sustainable eating movement …

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Ag Update: Cargill Plans to Eliminate Trans Fats by 2023

Cargill announced it will eliminate trans fats in its products by the end of 2023 to help improve consumer diets, the first manufacturer to agree to new World Health Organization standards. “Cargill became the first …

Demand, Labor Challenges Broaden Raw Ingredient Shortages

Labor issues continue to fan the flames of supply chain disruption, fueling raw material shortages and poking holes in production output, while food manufacturers struggle to keep up with volatile demand. “The U.S. manufacturing sector …

Retailers May Force Major Changes in Chicken Production

The Global Animal Partnership plans to toughen standards, effectively lowering the number of chicken breeds that meet its animal welfare guidelines, Bloomberg recently reported. The partnership, which has a five-step process for certifying animal welfare, …

Acquisitions Driving Autonomous Farming Movement Forward

Acquisitions are quickly changing the face of the so-called “smart farming” landscape. The latest example of that evolution comes via Fieldin, the world’s largest smart farm operations management company, which recently acquired agricultural autonomous driving company …

Bird Flu Sweeping Across Europe

Bird flu is spreading across Europe with Poland, the continent’s largest poultry producer, and Britain reporting the latest cases, following outbreaks in Denmark, France, Germany, Italy, Netherlands and Russia. Poland reported several outbreaks of H5N1 …

Report: Cost of Breakfast Commodities Hits 10-Year High

The cost of ingredients for breakfast staples continues to rise as global food production, processing and transportation challenges collide with higher demand from the pandemic rebound. According to the Financial Times breakfast indicator, futures prices …

Are Climate Conditions Affecting Coffee?

A new study suggests changing climate conditions might be affecting the taste, aroma, and overall quality of coffee. Trends found by researchers from Tufts and Montana State University indicated that farms at higher altitudes were …