By Daniel Munch, Economist – AFBF Agricultural land values increased by $200 an acre over last year, according to USDA’s National Agricultural Statistics Service. The Land Values 2024 Summary report, released …
inflation
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Americans will be gathering on the Fourth of July for a day of fireworks, food, parades and more. But as you celebrate with your friends and family this Independence Day, …
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Ag News StoriesNews
The Year Ahead: Forces That Will Shape the U.S. Rural Economy in 2024
by Colter BrownThe 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, as the Federal …
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Egg prices are up more than 130% from year ago levels, and a U.S. farm group is asking the Federal Trade Commission to look into the high prices of eggs …
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Ag News StoriesLivestock NewsNews
American Lamb Board Anticipating Meat Trends for 2023
by Colter Brown“As we look toward a new year, understanding the overarching trends happening in five key areas can help you anticipate your customers’ needs and keep meat in the mix,” according …
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Ag News StoriesNews
Ag Equipment Manufacturers Say Sales Grew In 2022, But Market Is Cooling
by Colter BrownMost agricultural equipment manufacturers saw growth in 2022 compared to 2021 and the industry’s expects growth in 2023. At the same time there are signs of slowing. Another issue is …
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Spending time with family and friends at Thanksgiving remains important for many Americans and this year the cost of the meal is also top of mind. Farm Bureau’s 37th annual …
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The all-fresh retail beef price in October was $7.25/lb., down slightly from $7.32/lb. in September and down 4.0 percent from the record high of $7.55/lb. one year ago. In 2022, …
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U.S. consumers will pay $69.68 for their favorite Independence Day cookout foods, including cheeseburgers, pork chops, chicken breasts, homemade potato salad, strawberries and ice cream, based on a new American …
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Ag News StoriesNews
Farm Bureau Summer Conference Addresses Inflation and Input Costs
by Colter BrownInflation, supply chain issues, input costs and commodity markets drove the focus of the Montana Farm Bureau Summer Conference June 13-15 at Fairmont Hot Springs. The event provided a time …