Bernt Nelson

America’s farmers are harvesting large amounts of corn and soybeans, and the question is, do they have enough room to store the incoming commodities?

New data from the Department of Agriculture predicts farm income to increase in 2025.

Recent data from the Bureau of Labor Statistics shows that inflation is slowing, though farmers and ranchers are still facing many other economic challenges.

The United States is clamping down on the import of livestock from Mexico, to stop the New World screwworm from moving across the border.  The New World screwworm is on the radar of U.S. agricultural officials as well as livestock producers across the country.  Be...

Earlier this week, the USDA released its annual Chicken and Eggs Summary, which has the latest numbers of egg layers, egg production, and the total U.S. chicken inventory as of December 1st, 2024.   “According to this report, layers in 2024 were estimated at an average of 375 million. Now this ...

The recent Cattle on Feed Report was called neutral-to-slightly-positive by American Farm Bureau economist Bernt Nelson.  He said the overall rate of contraction in the U.S. cattle herd has slowed.  However, factors like demand, beef prices, and trade, among other factors, will influence producers’ decisions about what to do with their animals.   “Cash prices for...

According to the American Farm Bureau Federation, the cost of a Thanksgiving dinner serving ten people is down slightly.  Bernt Nelson, AFBF economist, says their volunteer shoppers found the average cost for that dinner for ten will run $58.08, a yea...

Since 2022, the U.S. poultry industry has been battling a particularly persistent strain of H5N1, or avian influenza, and more than 100 million birds have been affected over the past 2.5 years.   “Avian influenza continues to be a problem," said Bernt Nelson,  economist with the American Farm Bureau.  "We've had 3....