The pig sector has again called for 'desperately-needed' price increases as production costs for producers rose even further last month.
The average cost of production for pig producers reached 240p per kg in May, up 10p from the April figure...
Weaker economic growth is beginning to take a toll on global pork consumption. Despite early signs that the worst of the inflationary impact may have already passed, the lagged impact on consumption is likely to be felt throughout 2023.
In...
Today, the Honourable Marie-Claude Bibeau, Minister of Agriculture and Agri-Food, announced that Justine Hendricks has been named the next President and Chief Executive Officer (CEO) of Farm Credit Canada (FCC). Hendricks joins FCC from Export Development Canada (EDC), where...
Interest rates on farm loans increased sharply in the third quarter.
Interest rates on farm loans increased sharply in the third quarter. Despite the higher borrowing costs, farm real estate values continued to increase, but the acceleration eased somewhat. Following...
“Is my business producing enough profit to be financially sustainable in the future?” is a question that I often receive when visiting with producers. “Show me the numbers,” kind of like “show me the money,” is often my initial...
The U.S. Department of Agriculture (USDA) has announced a $2 billion initiative aimed at compensating individuals who faced discrimination in USDA programs. This historic move seeks to address longstanding issues of inequality and ensure fairness in agricultural support and...
Slowdown in consumer spending will create headwinds for the U.S. economy in 2024
The U.S. economy has remained remarkably steady despite an unrelenting series of shocks over the last three years. America’s economic resilience was again on display throughout 2023,...
Industry losses to force herd contraction in 2H 2023 and 2024
*Hog prices moved higher in recent weeks on seasonally tighter supplies and improved visibility around the integration of Proposition 12 in California. Lower weekly slaughter (-1% YOY) and lighter...
Pro Farmer reported at the end of May that “the Fed’s Beige Book noted 10 of 12 districts reported slight or modest economic growth (in May), while the other two had no change in activity. The Fed noted, “Agricultural...
Aramark, Pivot Bio and Afresh celebrated during Rabobank Food & Agribusiness Summit
Rabobank, a leading global food and agribusiness (F&A) bank, today announced the recipients of its annual Rabobank North America Leadership Awards. The awards celebrate both large-scale corporations and...