The U.S. and rural economies remain strong but a slowdown is beginning to unfold. Inflation is falling, U.S. consumers continue to spend, and the labor market is still strong. And despite a commercial banking scare, the Federal Reserve is...
Key Points
Ag retailers can still expect profitability in 2023 after setting records in 2022, but they face an emerging set of risks that could depress profit margins and challenge traditional business models in the years ahead.
Setting the...
The US animal protein sector is facing persistent cost pressure, raising the need for effective risk management strategies and increased efficiency. Incremental efficiency gains will be more difficult, however, given a growing regulatory burden and shifting consumer expectations.
New technologies...
by: Cortney Cowley and Ty Kreitman
Farm real estate values increased considerably in 2022 but showed signs of softening during the final months of 2022 as interest rates rose sharply. Interest rates on farm loans jumped to decade highs alongside increases in the...
“Is my business producing enough profit to be financially sustainable in the future?” is a question that I often receive when visiting with producers. “Show me the numbers,” kind of like “show me the money,” is often my initial...
Hog prices remain under pressure as YTD slaughter has run ahead of expectationsbased on USDA inventories.
Average weekly slaughter of 2.5m through mid-Feb reflects acatch-up following lower Q4 2022 slaughter and packers killing ahead. Prices remain belowexpectations given larger...
Growth in farm real estate values remained strong, but showed signs of easing alongside higher interest rates.
by: Francisco Scott and Ty Kreitman
Growth in farm real estate values remained strong, but showed signs of easing alongside higher interest rates. The...
Supply is expected to be tight in Q1, with consumption facing uncertainty. Tighter supply in exporting countries will likely limit global pork trade. On the demand side, rising inflation and high stock accumulated in 2022 will pressure import needs.
Slowing...
The Federal Reserve rate hike cycle will soon end, but commodity market supplies remain vulnerable.
The U.S. economy will progressively slow through the first half of 2023 and fears of a recession are still high, and still warranted. Inflation and...
Farm lending activity continued to increase gradually alongside further growth in loan sizes.
by: Cortney Cowley and Ty Kreitman
Farm lending activity continued to increase gradually alongside further growth in loan sizes. The average size of non-real estate farm loans was...