commodity prices

Farm Debt Could Return This Year
Farm Debt Could Return This Year
The USDA is forecasting that farm commodity prices will drop in the year ahead and production input costs will stay or even move higher.  For producers, the question is: when/if input prices follow those output prices lower.   “We are forecasting that fertilizer and feed expenses will decline in 2023, yet they will remain high," noted USDA economist Carrie Litkowski. She added expenses for m.
USDA: Prices Received Inched Higher In December
USDA: Prices Received Inched Higher In December
According to the USDA, farmers on average saw an increase in what they received price wise for their commodities in the final month of 2022.  The increase in USDA's latest agricultural prices report was 3.1% from the previous month and both commodity indexes crop and livestock reported month-over-month increases in what producers received price wise.  The ove...
Meyer Uncertain About 2023
Meyer Uncertain About 2023
Look at the USDA’s numbers, and you’ll see that 2022 was far and away a record net farm income year.  But the question on the minds of many in farm county is: will 2023 be a better year?   USDA Chief Economist Seth Meyer says the odds are against that happening for a couple of reasons.  First, as he put it, 202...
USDA: Farmers Continue To See Strong Prices
USDA: Farmers Continue To See Strong Prices
In its report for ag prices during the month of November, the USDA said the plusses outweighed the minuses.  Resulting in the prices received index going up 4.5%, and jumping 23% when compared to November 2021.  The index of prices paid by farmers to do business showing no increase at all in November that index still 11% higher than a year ago.   When it co...

Load More Articles