Ag Secretary Brooke Rollins announced Tuesday that Dr. Justin Benavidez will take over for Dr. Seth Meyer who recently left the Department of Ag to join the University of Missouri
For crop producers, margins have narrowed rapidly over the last couple of years, putting a lot of stress on the crop side of the balance for farm income.
It was one of the first things former USDA chief economist Seth Meyer spoke about with the then new Agriculture Secretary Brooke Rollins when she arrived in early 2025.
U.S. agriculture saw many new developments in 2025, such as a new administration, a new Ag Secretary, and new policies, with more to come in the new year.
The USDA is out with its annual look at farmland values and cash rents. USDA Chief Economist Seth Meyer said the latest numbers indicate a cooling in year over year growth.
June was a quiet month for the World Agricultural Supply and Demand Estimates, better known as the WASDE.
“We didn't have a bunch of last-minute policy changes we had to incorporate in the WASDE," said USDA chief economist Seth Meyer. "No firm...
Cattle has been in a bull market for quite a while. But how long can the rally last?
“You talk to some of the cow-calf folks, and yes, those feeders are worth a lot of money," said USDA chief economist Seth Meyer. "But the decision is, do I take the cash now, or do I retain that heifer and hope that I'll make that money two years from now on, on a fed out animal? And so I talked to .
While there may not have been a ton of news and information to come from the February crop production, supply and demand forecasts, there were a few nuggets of data mixed in. USDA chief economist Seth Meyer said one of the biggest take aways has to do with this month's beef production and price forecast.
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It was a reoccurring story for much of the past year; tighter margin for many producers in 2024. And it’s expected that trend will continue as 2025 starts, due in part to input costs.
“We're seeing commodity prices, which have fallen pretty fast pretty far, pretty quickly, but not all the input prices have done the same and that's kind of where we end up with these tighter margins," said U