Top Market News

NC Commissioner Steve Troxler: Planting intentions Surveys Going Out, and it’s National Weights and Measures Week

Growers will soon be receiving a planting intentions survey from the National Agricultural Statistics Service. It is important growers fill out that survey. Also, this week is National Weights and Measures Week and the NCDA&CS Standards Division is working hard

U.S. Raising Tariffs on Certain European Imports

The U.S. government says it will raise tariffs on certain products coming into the country from the European Union. Reuters says those products include wines from France and Germany, as well as aircraft components. It’s the latest move in a

Ethanol Production Drops to a Two-Month Low

Ethanol output dropped week-to-week to its lowest level in over two months while stockpiles continue to increase. The Energy Information Administration says U.S. production of the biofuel dropped to an average of 934,000 barrels a day in the week ending

Grain Prices Should Improve in 2021

Global grain stocks will likely be about 1.5 percent higher than last year, reversing the downward trend over the prior few years. Despite the rise in global supplies, USDA forecasts higher corn, wheat, and barley prices than in the 2019-2020

Production Challenges, Economic Headwinds Slow Red Meat Exports in May

U.S. beef and pork exports trended lower in May, due in part to interruptions in slaughter and processing. The U.S. Meat Export Federation reports beef exports dropped well below year-ago levels and recorded the lowest monthly volume in ten years.

NCDA&CS Market Highlights for Thursday October 17

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK   The following is a summary of market prices and conditions of North Carolina farm products for October 16, 2019 reported by the Federal-State Markets News Service of the North Carolina Department of

NCDA&CS Market Highlights for Wednesday October 16

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK   The following is a summary of market prices and conditions of North Carolina farm products for October 15, 2019 reported by the Federal-State Markets News Service of the North Carolina Department of

NCDA&CS Market Highlights for Tuesday October 15

DAILY MARKET HIGHLIGHTS FOR SOUTHERN FARM NETWORK   The following is a summary of market prices and conditions of North Carolina farm products for October 14, 2019 reported by the Federal-State Markets News Service of the North Carolina Department of

Trump: China Ag Purchases Already Underway

President Donald Trump says China will immediately start buying U.S. agricultural products. Via Twitter over the weekend, Trump says China will start buying “very large quantities” of U.S. farm products, adding, “they have already started.” The administration says the agreement

AEM Releases September Equipment Sales Results

September was a fairly solid month overall for retail sales of tractors and combines in the United States and Canada, according to the latest data from the Association of Equipment Manufacturers. Total farm tractor sales in the U.S. increased 18.7