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 …
The U.S. could plant 92 million acres of corn, 90 million acres of soybeans, and 45 million acres of wheat in 2021, according to data presented at USDA’s Outlook Forum. That would represent an increase …
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 …
A new series of projects will build multistory greenhouses inside affordable housing developments to provide jobs that pay $15 an hour. FRESH PRODUCE AND AFFORDABLE LIVING Vertical Harvest, the company behind the affordable housing concept, …
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 …
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 …
COMMODITIES SUPERCYCLE U.S. agriculture is at the beginning of a commodity “super cycle,” according to Brett Stuart, CEO of Global AgriTrends. He said China is driving markets for beef, pork, poultry and corn, and that …
Soybeans and other commodities are seeing a jump in prices due to dry weather and strong export demand from China. Could this lead to higher prices for consumers? RISING COMMODITY PRICES Prices for corn, soybeans, …
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 …
New data provided by the U.S. Bureau of Labor Statistics note that food prices are up due to demand. The food index rose in December, as both food at home and the food away from …
With the USDA expected to issue a report Jan. 12 reducing its domestic corn stock outlook, grain prices spiked with corn prices nearing $5 per bushel Jan. 5. The increasing prices could signal a boon …
From Washington DC to farm fields throughout much of the country, the acronym ESG has become a rather hot-button issue of late. Environmental, social, and corporate governance (ESG) is a movement that’s undeniably gathering steam, …
Despite its unassuming appearance and a flavor described sometimes as subtle or muted, the avocado’s growth in popularity has been quite an attention grabber. Whether it’s the fruit’s superfood status, the rise of guacamole as …
China has started buying U.S. supplies of soybeans from next year’s crop much earlier than usual, reported Bloomberg (Dec. 7). The world’s top importer is loading up on U.S. crops, including corn and soybeans, to …
Former Vice President Joe Biden became the U.S. President-elect on Nov. 7, leaving some farmers with concerns about the future. U.S. farmers are worried that Joe Biden’s election as president will result in stricter environmental …
China accepted its first-ever commercial container of U.S. rice in history, creating cautious optimism with rice growers across the U.S., reported Western Farm Press (Nov. 3). The shipment was received as Chinese buyers await the …
Commodities, such as cheese and lemons, are still facing issues caused by the coronavirus pandemic. Cheese The U.S. cheese industry is reeling after months the pandemic causing upheaval in prices and demand, reported The Wall …
USDA will run a $1 million research project on how COVID-19 may be transmitted through the beef supply chain, reported Reuters (Sept. 25). The two-year project, which begins in October, aims to reduce the risk …
Several crops are suffering from the effects of severe weather over the last month or so. Rice Arkansas’ rice harvest is off to a slow start because of weather not conductive to drying grain and …
CME Group Inc. and Nasdaq Inc. are planning to launch a futures contract later this year that will allow farmers, speculators, and others to wager on the price of water, reported The Wall Street Journal …
Cargill is supporting farmer-led efforts to adopt practices and systems foundational to regenerative agriculture practices across 10 million acres of North American farmland over the next 10 years. The initiative will focus on row crop …
KIND Healthy Snacks plans to switch to “bee-friendly” almond suppliers to encourage growth of the insect population, reported Fast Company (Aug. 25). KIND’s almond suppliers are working on two major changes: 1) stopping the use …
Food Institute Focus – Dairy Consolidation Outpaces Most Agriculture
Food Institute Focus – Organic Food Gains Popularity Amid Pandemic
