Retail Business
In the March World Agricultural Supply and Demand Estimates (WASDE) report, USDA made a deeper cut than expected to global soybean production.
In the 2022 Salary Survey, The Scoop asked respondents to tally their equipment at each location.
Secretary Vilsack supports attorney generals search for answers. He says once the market studies are completed, “we may learn additional steps we can take.”
USDA’s 2022 supply and demand forecast came out just hours after Russia declared war on Ukraine. And as the crisis continues, USDA Chief Economist acknowledges the situation is impacting world trade and crop prices.
Despite signs Russian President Vladimir Putin may be ready to talk with representatives from Ukraine, Cargill confirmed a ship it chartered was hit in the Black Sea on Thursday. The vessel was empty at the time.
The Russia-Ukraine crisis sent wheat prices skyrocketing 50 cents higher, with corn up 30 cents at one point Thursday. Crude oil also soared above $100 per barrel, hitting the highest level since 2014.
AgriTalk’s Davis Michaelson hosted Vince Malanga, president of LaSalle Economics, on Tuesday, Jan. 25, to dive into the current events and potential market impacts.
Hopes for docile agriculture markets in 2022 have already been blown out of the water. Instead, we could be headed for a volatile year – or more.
USDA Secretary Tom Vilsack wants the Department of Justice (DOJ) to ensure seed companies and other input suppliers are not using their market power and current conditions to raise prices unfairly.
Hats and signage are important to branding, but what are things you can do to improve your brand?
Brett Bruggeman says now is the time to view these trends as the future of serving “the grower of tomorrow.”
Brazil slashed its soybean forecast this week, while China’s hunger for U.S. soybeans seems to be growing. And it led to soybean prices continuing to surge higher this week.
To nominate an ag retailer for the award go to thedailyscoop.com/techaward. The deadline for applications is August 1, 2022.
Think back to a time when your back was against the wall. To others, it may have looked like all hope was lost. Many would have given up, but you didn’t. You pressed on, and your persistence was paid off with success.
From Gus Sackett’s pulverizer, to the “Star” granulator, to the “Bulk-Toter”, Sackett-Waconia is continues to provide design, engineering, fabrication, and customer support
Chicago soybean futures jumped more than 1% on Monday to their highest since June on concerns over supplies from South America and strong demand from China.
WTI oil prices crossed the $90 mark last week for the first time since 2014. Strong oil prices typically translate into strong demand for corn ethanol, but some analysts warn electric vehicles may put that on a detour.
As soybean prices race higher, some farmers may look to switch acres to soybeans this year. U.S. Farm Report analysts say with the acreage debate already heating up, the acreage battle could be the wildest battle yet.
No matter where you travel across the country right now, farmers share similar concerns. The latest Ag Economy Barometer fell to its lowest reading since July 2020 as the input situation weighs outlooks.
Mounting conflict in the breadbasket of Europe is driving volatility in wheat markets as Russia and Ukraine account for 29% of global wheat exports.
A new research study will evaluate methods for cleaning and disinfecting feed mills following a potential African swine fever outbreak.
If you’re short on employees, you’re not alone. New forces are at work, and I don’t see them changing any time soon.
Farmers and ranchers are facing a time of unparalleled uncertainty and disruption. No one is left unscathed by the effects of COVID-19. Dealing with stress during a time of social distancing makes the challenge greater.
Holly Davis will manage field operations in the Southern Central states of Texas, New Mexico, Oklahoma, Arkansas and Louisiana.
The dynamics of 2022 are shaping up to make this year a pivot point for ag retail says Brett Bruggeman, president of WinField United.
According to Brett Bruggeman, president of WinField United, the opportunities around carbon markets are bringing a stratification in the ag retail business.
2021 was a strong financial year for many farmers. For 2022, input costs are rising rapidly. One ag lender cites $700 per acre in some scenarios. That means farmers will need strong yields this season to break even.
The crisis and pain of procrastination are gifts. Think of them as an alarm bell. When it sounds, you know you need to engage in a relationship that will allow you to focus on what you enjoy most and are best at doing.
On Monday the People’s Bank of China also announced a 0.1 percentage point cut to two of its key policy rates. It acted after GDP grew by more than 8% in 2021, but slowed down in the fourth quarter.
ARA President and CEO Daren Coppock said: “Based on the concerns of our members, ARA expressed opposition to the employer mandate.”