supply chain

Despite economic disturbances, high crop prices are giving farmers around the world cause for cautious optimism, according to a new survey.  Global consultancy McKinsey & Company recently released the results of its global survey of 5,500 farmers from nine countries.  70% of farm...

The Farm Credit Administration received a quarterly report on economic issues affecting U.S. agriculture and an update on the performance of the Farm Credit System.  Inflation and rising interest rates continue to be major economic issues despite a recent slowdown in inflation.  Consume...

The National Milk Producers Federation sent a letter to lawmakers, including Oregon's Ron Wyden, asking for support of domestic infant formula production as the shortfalls that emptied store shelves of formula have eased.  NMPF said given the improving situation, tariff waivers that could discourage the production of a safe, secure domestic infant formula supply should be allowed to expire at the

Idaho’s barley industry enjoyed a bounce back in 2022, and appears to have recovered from the 2021 drought.  Idaho Barley Commission’s Laura Wilder said this year, growers reported 59.9 million bushels, with the average price of $7.59 per bushel.   ...

Over 180 projects nationwide are recipients of new USDA grants designed to expand and strengthen local and regional food systems.   “The funding that we've announced is $64 million for a total of 185 projects around the country," said Under Secretary for marketing and regulatory programs Jenny Moffitt.  "These projec...

Despite COVID, supply chain issues, and the war in Ukraine, the United States in fiscal year 2022 still managed to set a new record for exports of agricultural products at $196.4 billion.  There were several factors pushing that figure higher over the past year.  Head of...

Ag Secretary Tom Vilsack recently announced a $73 million investment through the first round of the Meat and Poultry Processing Expansion Program.  According to the USDA, the funding supports 21 grant projects to expand meat and poultry processing capacity, increasing competition, supporting producer income, and strengthening the food supply chain to lower costs.   ...

Agricultural manufacturers are still struggling to get enough parts to continue to put together their products.  Dr. Kanlaya Barr, director of corporate economics with John Deere, said there are parts they are missing or short on a regular basis.   “...

Statistics Canada has released its latest economic indicators report. In September the country’s overall inflation rate was just under 7%, a near repeat of the August report. But Canadian food costs continue to rise. Prices in grocery stores rose to about 11.5%, a...

Farming is a multi-billion-dollar industry for the state of Washington, but Dan Newhouse says more ag business can be done in the Evergreen state.  The central Washington representative said there’s a lot of potential for growth and future development, such as the recent ground breaking of Darigold’s million-dollar facility outside of Pasco.  Newhouse says to en...