Slowdown in consumer spending will create headwinds for the U.S. economy in 2024
The U.S. economy has remained remarkably steady despite an unrelenting series of shocks over the last three years. America’s economic resilience was again on display throughout 2023,...
Farm debt balances at commercial banks grew steadily in the third quarter but loan performance remained strong.
Farm debt balances at commercial banks grew steadily in the third quarter but loan performance remained strong. Despite some indications of slower lending...
Animal protein production will keep growing in 2024, but at a slower pace, as margins remain tight. The fact that animal protein companies continue to grow production and deliver on customer expectations amid such challenging market conditions is a...
Steady production growth and weaker consumption continue to weigh on global pork markets and trade. Improved health and productivity are boosting production and feed prices have improved, though uncertainties remain. Meanwhile, pork consumers remain cautious amid geopolitical uncertainty.
After facing...
Farm lending activity at commercial banks slowed further in the third quarter alongside a drop in operating loan volumes.
Farm lending activity at commercial banks slowed further in the third quarter alongside a drop in operating loan volumes. The number...
Last quarter, our analysis of Crunchbase data shows 146 AgTech startups raised a total of $1.5B. This represents a 6% decrease in funding and a 42% decrease in deals from Q2 2023. There were seven AgTech exits last quarter,...
-The combination of high interest rates and a strong U.S. dollar is beginning to take a disproportionate toll on rural industries like agriculture, forest products, mining and manufacturing. Most international transactions are still conducted in dollars, and a strong...
According to a recent Rabobank report on global pork trade, competition among major exporters has intensified, and the competitive landscape will continue to shift in the coming years. Low-cost producers like Brazil and the US will likely be at...
Because of persistent strength in labor markets and consumer spending, economic growth during the first half of 2023 was stronger than anticipated. Inflation and some recessionary indicators in the second half make prospects for growth less promising as we...
Welcome to Barn Talk! What happens at the barn, stays in the barn, but not today! We’re letting it all out. In this episode we have Mary Jo Irmen on the show, she is the host, author and Farm...