America’s Dairyland stayed true to its name in 2017 as the state set another record for total milk production.
Four months after the CME Group “declared victory over cattle market volatility” the futures exchange offered yet another surprise for the cattle industry. On Feb. 1, the CME issued an advisory notice to the marketplace that stated three delivery points would not renew their participation on the Live Cattle Futures Contract: North Platte, NE; Columbus, NE, and Pratt, KS.
Economic theory suggests that farmland values will change in response to changes in the underlying factors that support them, namely, returns to farmland. One measure of returns to farmland is net cash farm income per acre, or the net return that an acre of farmland generates. Values for both cropland and pastureland, two major uses for farmland, increased substantially in 2004-14, nearly doubling in real, or inflation-adjusted, terms.But national trends in U.S.
This meta-analysis aimed at increasing knowledge on agronomic, environmental and toxicological traits of GE maize by analyzing the peer-reviewed literature (from 1996 to 2016) on yield, grain quality, non-target organisms, target organisms and soil biomass decomposition.
Consumers are deeply suspicious of GMO foods--products made from genetically modified agricultural crops. I was concerned about the environmental impact and the integrity of the food production. But then I decided to teach a class on "Food Law" at the University of Chicago, and in preparation I read the literature—not the pamphlets, but rather the underlying science. I was astonished to discover that my prior suspicions were deeply misguided.
Protesters chanting "cows lives matter" in front of steaks, roasts and ground chuck were kicked out of an East Side supermarket Saturday, the same store they protested in last Thanksgiving over turkeys.The protesters, one playing a guitar, loudly chanted "murder" and "cows lives matter" while filling the aisle in front of the meat display."The store manager said the protest prevented customers from making purchases, so she told the animal rights activists she was calling police," said police spokesman Joel DeSpain.The protesters left the store and went across the street, where police talked
A judge has ordered California agricultural officials to stop spraying pesticides on public and private property to control insects that threaten the state's $45-billion agriculture industry.The injunction by a Sacramento County Superior Court judge, issued late last week, could throw a substantial hurdle in front of efforts by the state Department of Food and Agriculture to control dozens of crop-damaging pests such as the Asian citrus psyllid, which carries bacteria that have decimated the citrus industry in Brazil and Florida.Farmers and other property owners will still be able to use ch
Bayer is trimming its crop portfolio to help move its acquisition of Monsanto past regulatory obstacles in 2018. "We have now also committed to divest our entire vegetable seed business," Bayer CEO Werner Baumann said in a press conference on Bayer's 2017 fiscal year earnings report. "Certain additional business activities of Bayer and Monsanto may also be sold or out-licensed." The final takeover of Monsanto, which is now valued at $62.5 billion, is likely to take longer than expected, Baumann added. Bayer had hoped to complete the deal in early 2018.
Broad measures of unemployment are as low as at the peak of the mid-2000s boom. And job creation continues at a healthy clip. In other words, it’s time to stop calling this a recovery, and start calling it a boom. But one important economic indicator remains disturbingly subdued -- wages.In dollar terms, wage growth has been superficially healthy -- in January, average hourly earnings rose 2.9% from a year earlier. But consumer prices increased 2.1% during the same period.
Demand for meat is going to remain firm throughout the rest of 2018, and U.S. livestock producers will continue to see favorable feed prices. But livestock producers are going to be pressured on market prices for beef, hogs and poultry products because of increased production in most livestock sectors. That's the projection from USDA's outlook for livestock and poultry.The beef, pork and broiler industries are all positioned for higher production and expansion. Exports also will rise for beef, pork and poultry products as well, USDA predicts.