Articles tagged under: supply chain issues

Steenhoek: Reliability is Key for Soy Transport

Published December 17, 2024

For Soy Transportation Coalition Executive Director Mike Steenhoek, reliability is the number one demand. "I would rather have a predictably good transportation system than a sporadically great transportation system. When you're talking about industries like agriculture and many others that…
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Pent-up Demand for Farm Equipment

Published December 2, 2022

In an update on Deere's quarterly earnings, Reuters reported farm equipment and combines are virtually sold out for 2023. StoneX Chief Commodity Economist Arlan Suderman says the high commodity prices in recent years have driven up demand. "Unfortunately, the same…
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Overcoming Supply Chain Issues

Published November 21, 2022

Farmers Business Network U.S. Country Manager Adriano Santos says the supply chain is slowly recovering after global shutdowns. "After the hangover of COVID and the challenges in in Asia, things have stabilized a bit," said Santos. "I think Europe is…
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Inflation Disrupts Farm & Food Sector

Published October 8, 2022

The Federal Reserve Banks of Minneapolis and Kansas City are co-hosted a virtual symposium to discuss food costs and the long-term outlook. During the forum, Federal Reserve Bank of Kansas City Vice President Nathan Kauffman said the current increase in…
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Supply Chain Challenges Hinder Export of U.S. Meats

Published March 1, 2022

Logistical challenges continue to limit the ceiling of U.S. red meat exports, despite those exports reaching record levels in 2021. U.S. Meat Export Federation Economist Erin Borror says some shipping containers have been returned empty. "Supply chains were overwhelmed. Asian…
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Time Needed to Build Logistical Capacity

Published February 18, 2022

According to Northern Crops Institute Director Mark Jirik, the current logistical issues have been building for years. "When you talk about the container issue, that's one thing. If you look at carrier issues, retirements and some of the regulations that…
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Early Retirements Cut into Ag Workforce

Published January 23, 2022

Supply chain issues and shortages have had a ripple effect throughout the entire economy. Kernmantle Group owner Matt Robberts sees one of agriculture's biggest challenges being with labor. This is due, in part, to early retirements. "2020 was the mid-point…
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Equipment Still Experiencing Supply Chain Issues

Published January 6, 2022

Supplies of new equipment remain tight as equipment manufacturers deal with supply chain issues. Association of Equipment Manufactures Senior Vice President of Industry Sectors Curt Blades says tight supplies are two-fold. "The demand for equipment has been stronger than previously…
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