Latest News From Farm Business - General

ADM reported an almost 52% rise in second-quarter profit on Tuesday, as strong crop export demand and oilseed crushing margins boosted the U.S. grains merchant's core agricultural services business.

Talent is rarer than ever. Attracting it and keeping it is your key to success. Culture is king. Go see your people, and listen one-on-one.

The lessons of perseverance, hard work, repetition and team-focused collaboration all started and have since been honed into a sharpened point, in part, thanks to my time in FFA.

Ready for a laugh? Australian farmer San Heagney recently shared a video about things you’ll never hear farmers say.

As growers wade through the ever-deepening amount of carbon information available in the marketplace, they are asking for answers to these common questions.

Despite precision agriculture getting its start decades ago, the majority farmers aren’t fully using their farm data today. Just as technology has transformed agriculture, harvesting data could do the same.

The shipping snafus are gaining steam, as congestion along one major rail system now causing shippers to halt the hauling of ocean shipping containers from the West Cost. That's as ocean freight costs jumped 333%.

U.S. inflation rose 5.4% in June, marking the highest annual rate since 2008. However, some good news may be on the horizon as a survey shows economists expect inflation is to ease off historic highs later this year.

During the 2022 Top Producer Summit, Top Producer will recognize remarkable farmers who have taken risks, built thriving businesses and given back to their communities.

If you're in the market for a new truck, you may be waiting a while longer. Major auto and truck manufacturers have announced extended shutdowns and it's the chip shortage still to blame.

Shipping giant Maersk says the backlog of vessels waiting to reach berths at the Port of Yantian has greatly improved in the past 10 days.

U.S. farmers' optimism about current and future conditions are seeing a sharp decline to start the summer, as a monthly gauge of producer sentiments hit the lowest reading since July 2020. 

U.S. President Joe Biden wants the Federal Trade Commission to limit the ability of farm equipment manufacturers to restrict tractor owners from using independent repair shops or complete some repairs on their own.

Propane prices are already twice the levels posted a year ago, and as supply concerns rise, propane prices could trend even higher heading into the fall and winter months.

Compared to the national average of 70%, rural America falls behind with only 34% of the adult population vaccinated.

Have you caught the travel bug after many months at home? Would you like to combine some tour sights and sounds with a little agriculture?

During periods of rising corn and soybean prices, costs of fertilizer, pesticides, and other inputs rise in tandem.

Patrick Montgomery is in the business of delivering customers the best steaks they'll ever eat. Along the way, he may have just created the best hot dog anyone has ever tasted as well.

It’s calculated due to the influence of the COVID-19 pandemic, 90,000 restaurants have closed either permanently or long-term.

The National Restaurant Association says wholesale food prices remain on track to post their largest annual increase since 2014.

CRP acres often follow market forces, according to research from Farmer Mac. As such, today’s high cash grain prices may dissuade producers from enrolling acreage in CRP programs.

What happens when wild pigs are given 1,000 tons of groceries per day in the form of landfill trash? Expect a ticking time bomb, and quite possibly, a $50 billion blow to the entire U.S. pork industry.

Law enforcement officials in Tulare County California arrested this man for allegedly stealing and reselling more than 42,000 pounds of pistachios. The goods had been repackaged into 2,000 pound sacks for resale. 

As higher commodity prices could entice more farmers to make technology investments, Ken Ferrie expects the use of variable rate technology to grow over the next five to 10 years.

Have you seen the shift in your area? Once-sleepy farmland prices are awake and shooting higher. 

Economic stability and growth are returning to rural America.

For more than 25 years, InfoAg has remained the premier conference on the practical application of precision agriculture.

If the Michigan project continues on pace, the company would break ground this fall with the facility being completed in the next three years.

The pandemic may be easing, but the job market remains complicated. 

Futures on the federal funds rate on Wednesday raised bets that the U.S. Federal Reserve will tighten monetary policy in early 2023 after Fed projections showed at least two rate increases that year.

Bushel Co-Founder and CEO Jake Joraanstad says this will provide an integrated farmer experience and a “grain passport.”

“I like to say you’re going to have to have a permit to do normal farming decisions,” he told Chip Flory, host of AgriTalk.

Steve Turetsky, Director of Agriculture Solutions at AgEagle, sees many different avenues for drone use and unique applications.

“It’s about managing two tough weeds---Palmer amaranth and waterhemp,” Joe Short says. “They are top of mind. No one can cut corners on that piece even if things are tight."

Farm Journal has announced that a #FarmONTM Benefit Concert will be presented in partnership with the National FFA Foundation on Thursday, August 26, at Frahm Farmland in Colby, KS.

To build a more resilient supply chain, the White House just published a 250-page report with assessments and an expansive list of recommendations.

China has breached the inner walls of the U.S. agriculture industry in what has arguably been the most expansive heist in farming history.

One week after a cyberattack shut down meat packing plants in three countries, U.S. officials seized the cryptocurrency payment that was made during the Colonial Pipeline hack less than a month earlier.

The world’s largest meat producer was the latest victim of a cyberattack. And as the food chain relies more on automation and less on manual labor, cyberattacks may be a rising risk for the food chain.

June 29, 2021, will be the official 100th anniversary of Wilbur-Ellis.

The company plans to make 40 final beta systems for this fall, which will be the last prototypes before its first fully commercial version in the spring of 2022.

The United Nations issued a warning this week as world food prices are rising at their fastest pace in a decade. Global food prices have risen for 12 consecutive months and now sit at their highest level since 2011.

Farmers who insured their crops and planted cover crops will now be eligible for a financial bonus from USDA. Not all crops are included in the new program, and acres need to be reported by June 15th.

The latest round of agricultural credit condition surveys from the Federal Reserve banks shows improved strength in the agricultural economy.

John Phipps says not including younger generations in a moment to reflect on those who have who gone before and especially who risked much on our behalf, the custom of formal remembrance will slip away.

The National FFA Organization announces it has named Scott Stump as its new chief executive officer (CEO), effective Monday, June 21. Stump also takes the leadership role as CEO of the National FFA Foundation.

A White House listening session with vice president Kamala Harris focused on broadband connectivity. Missouri farmer Meagan Kaiser was one of six participants and spoke to the struggle for farmers and rural businesses.

A U.S. judge rejected Bayer's $2 billion class action proposal to resolve future lawsuits alleging its Roundup weedkiller causes cancer, saying in a Wednesday order that parts of the plan were "clearly unreasonable."

Michael Swanson says it’ll take fleet turnover to bring great change to gasoline consumption, and he says two factors will drive that adoption—federal policy and battery technologies.

Farming success is chained to the highest premium paid across a long series of benchmarks, and Matt Brechwald’s farm tale, split between dirt and the digital world, firmly fits the mold.