YOUR TRUSTED AGRICULTURE SOURCE IN THE CAROLINAS SINCE 1974

Growth Rate of World Ag Production Slows

Growth Rate of World Ag Production Slows

Feb 13, 2024 | 12:53pm
USDA says in the last decade, world agricultural output grew at an average annual rate of 1.94 percent per year, far slower than the 2.74 percent growth rate over the prior decade. That’s also below the average annual rate of 2.3 percent over the past six decades from 1961-2021. The slowdown was primarily tied to […]
Canadian Ranchers Concerned about ‘USA’ Labeling Proposal

Canadian Ranchers Concerned about ‘USA’ Labeling Proposal

Feb 13, 2024 | 11:11am
Cattle industry representatives from Canada and Mexico attended the U.S. National Cattlemen’s annual conference recently in Orlando, Florida. Meetings involved the three partner-countries in the USMCA trade pact to discuss a slate of issues. Nathan Phinney, president of the Canadian Cattle Association and a rancher in Sackville, New Brunswick, says the proposed “Product of USA” […]
U.S. Potato Demand Stays Strong in 2024

U.S. Potato Demand Stays Strong in 2024

Feb 13, 2024 | 9:31am
It’s been a pretty good export year for U.S. potatoes so far. Kim Brashears, Chief Marketing Officer at Potatoes USA, says this demonstrates that the demand for U.S. potatoes remains strong, and our access to Mexico will surely help drive that. “In Mexico, the U.S. gained access to fresh potato exports to the entire country. […]
Brooks Schaffer Market Report for Tuesday February 13

Brooks Schaffer Market Report for Tuesday February 13

Feb 13, 2024 | 2:38am
This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Grain and oilseed markets closed higher on Monday despite strength in the dollar and weakness in crude oil. There were also big general rains across much of Argentina and Brazil furthering crop development which should have been bearish […]
U.S. Pork Exports Set Annual Record

U.S. Pork Exports Set Annual Record

Feb 12, 2024 | 2:38pm
Led by a record-shattering performance in Mexico and broad-based growth elsewhere, U.S. pork exports set a value record in 2023. Data shows December pork exports rose 10 percent from the prior year to 268,400 metric tons, the largest since May 2021 and the eighth-largest on record. Export value increased 11 percent to $766 million, also […]
Farm Equipment Maker Partners with SpaceX for Connectivity

Farm Equipment Maker Partners with SpaceX for Connectivity

Feb 12, 2024 | 4:30am
As farming moves into the future, connectivity becomes a more pressing issue. To use the latest precision technology, John Deere is partnering with SpaceX to add Starlink terminals on farm equipment. Mike Kool, Senior Product Manager for Connected Fleets at John Deere, says the deal is ready to roll out later this year and can […]
Farm Income Forecasted to Drop 25 Percent in 2024

Farm Income Forecasted to Drop 25 Percent in 2024

Feb 12, 2024 | 3:43am
The USDA released its February 2024 Farm Income and Financial Forecasts. It’s the agency’s first income prediction for the new year. Carrie Litkowski, an economist with the Economic Research Service, says farm income is forecast to fall roughly 25 percent this year. “Starting with profits for the farm sector as a whole which are forecast […]
Group Wants FTC Action on Right to Repair

Group Wants FTC Action on Right to Repair

Feb 12, 2024 | 2:49am
Farm Action submitted public comments regarding the Right to Repair issue in U.S. agriculture. The group wants the Federal Trade Commission to initiate a rulemaking process on the subject. Joe Maxwell, co-founder and chief strategy officer with Farm Action, says the right to repair is an important issue for the group. “We’re a farmer-led organization. […]