Ag Business Articles
Avoiding Future Fertilizer Supply Problems
Published February 27, 2023
When Russia invaded Ukraine one year ago, fertilizer supplies were impacted. Agriculture Secretary Tom Vilsack said the Administration is taking steps to avoid future supply shocks. During the Ag Outlook Forum, Vilsack highlighted 21 projects to increase fertilizer efficiency. Sustainability…Register for NCI Market Outlook Webinar
Published February 26, 2023
The Northern Crops Institute is hosting another Market Update: Special Edition webinar on Wednesday at 8 AM. The special edition will feature Jacob Shapiro, partner and director of Geopolitical Analysis at Cognitive Investments. Shapiro’s webinar is titled ‘GeoPolitics: Navigating Uncertainty…Beet Stock Values
Published February 26, 2023
Last week, there were 76 American Crystal Sugar Company beet shares brokered for an average price of $4,462.50 per share. On a weekly basis, Acres & Shares compiles sales from the three beet stock brokers and provides a snapshot of…Agriculture Pinched by Labor Shortage
Published February 25, 2023
Agriculture Secretary Tom Vilsack addressed the USDA Ag Outlook Forum Thursday. "The pandemic put a spotlight on agriculture's workforce and highlighted labor instability, irregular migration and the need for increased labor protections." Vilsack says by addressing labor shortages, the United…Used Machinery Market Holds Strong
Published February 24, 2023
The inventory of new farm equipment remains tight. Steffes Group President Scott Steffes says that trend has kept the used equipment market strong. “Our expectations of the supply chain improving just hasn’t come to market yet," said Steffes. “If you…Trade Must Be Based in Science
Published February 24, 2023
A series of meetings are scheduled between the United States and Mexico on the proposed ban on biotech corn. If Mexico doesn’t change its position, the U.S. will activate the dispute settlement process through the U.S.-Mexico-Canada Agreement. Agriculture Secretary Tom…Significant Drop in Farm Income Forecast
Published February 24, 2023
Net farm income was at record high levels the past two years. That trend is not expected to continue this year, "but the expectation is it will still be an above average year." USDA Chief Economist Seth Meyer spoke at…Additional WOTUS Lawsuits Filed
Published February 24, 2023
The U.S. Chamber of Commerce and a coalition of business groups from Kentucky are suing the Biden Administration over the new Waters of the United States rule. The plaintiffs claim WOTUS creates “needless uncertainty and endless red tape.” This follows…Foreign Ownership Disclosure Bill Advances
Published February 24, 2023
The South Dakota Senate Agriculture and Natural Resources Committee has approved a bill requiring foreign entities to disclose any agricultural land ownership in the state. Governor Kristi Noem proposed a different approach to ban foreign ownership of farm land, but…