Avian Influenza Concerns Challenge Global Markets

Lizzy Schultz

According to RaboBank’s Q4 Poultry Quarterly, a new wave of avian influenza (AI) outbreaks has begun to challenge the outlook for the global poultry industry in 2017, showcasing an unwelcome development in a global market that was just recovering from the negative impact of the 2015 AI crisis. New outbreaks—just at the beginning of the Northern Hemisphere winter season, when …

Agribusiness, Animal Health, avian flu, economics, Finance, International, Poultry

Producer Sentiment Continues to Favor Livestock

Lizzy Schultz

Results from the latest reading of the Purdue/CME Group Ag Economy Barometer show that farmer sentiment toward the agricultural economy improved slightly in September The barometer read 101 for September, up six points from the August reading of 95, but still well below the barometer’s peak of 112 in July. Results showed that survey respondents remained more optimistic about the …

Ag Group, Agribusiness, Farming, Finance

CattleFax Hosting Cow-Calf Webinar

Lizzy Schultz

An upcoming CattleFax Trends+ Cow-Calf webinar will address cow-calf margins, which have been under pressure as the U.S. beef cowherd has expanded recently, and the entire beef industry for the last half of 2016 and into 2017. The webinar will be held at 5:30 p.m. MT, August 31, 2016. To participate in the webinar and access program details, register online …

Ag Group, Agribusiness, Beef, Finance, Webinar

Rabobank Releases Report on Protein Markets

Jamie Johansen

A new report from the Rabobank Food & Agribusiness Research and Advisory group, “Chickens, Cows and Pigs…Oh My! Implications of Record U.S. Protein Expansion,” explores the impact of growth on the future of the market has just been released. As U.S. protein producers are currently seeing record growth in demand, prices over the next couple years are predicted to fall. …

Agribusiness, Finance, Livestock, Markets

AAEA Hosting Lecture on Grocery Taxes

Lizzy Schultz

Norbert L. Wilson, professor at Auburn University and lead author of “Do Grocery Food Sales Taxes Cause Food Insecurity?” will be presenting his research as part of the 2016 Agricultural & Applied Economics Association (AAEA) Annual Meeting in Boston, July 31 – August 2. The presentation is Tuesday, August 2, at 1:00 PM at the Marriott Copley Square, in the …

Ag Group, consumer, economics, Finance, Food

Pacific Ag Opens North Dakota Office

Jamie Johansen

Pacific Ag has opened a field office near Fargo, North Dakota to serve the increasing demand for wheat straw residue among the dairy, beef, mushroom and erosion control industries. The company has hired Tom and Stephanie Borgen, local farmers and wheat straw providers, as regional managers to develop partnerships with growers and drive sales of wheat straw to target markets. …

Ag Group, Agribusiness, Company Announcement, Finance

Announcing the Launch of Kynetec

Lizzy Schultz

Following the completion of the management buyout of the Animal and Crop Health division of GfK, last week marked the formal launch of market research company Kynetec. Kinetic is the global leader in market research for animal health and agriculture, and is backed by Inflexion, who partners with high-growth businesses to accelerate their growth. The company is has a respected …

Ag Group, Animal Health, Company Announcement, economics, Finance, Markets

DFA Reports 2015 Financial Results

Lizzy Schultz

At the Annual Meeting held this week, Dairy Farmers of America (DFA) officials reported a net income of $94.1 million. The value is a significant increase from the Cooperative’s $43.1 million income in 2014, and is attributable to strong performances from DFA’s commercial operations and affiliates. DFA’s 2015 net sales totaled $13.8 billion, compared to $17.9 billion in 2014. Low …

Ag Group, Agribusiness, Dairy, Dairy Business, DFA, economics, Finance, Marketing

Major Changes To Livestock Trading Announced

Lizzy Schultz

CME Group and the National Cattlemen’s Beef Association (NCBA) have made several announcements regarding the design of a number of steps that intend to help further enhance US livestock markets, which have become increasingly volatile. “Nothing is more important to us than the integrity of our markets, which help farmers and ranchers to discover prices and transfer risk,” said Tim …

Ag Group, Cattle, economics, Finance, Livestock, Markets, NCBA

DairyPRO’s Meeting at Ag Progress Days

Jamie Johansen

The Center for Dairy Excellence and the Penn State Extension Dairy Team will host DairyPRO’s breakfast meeting focused on dairy farm business transformation at Ag Progress Days, Wednesday, August 19, from 7:00 a.m.-8:30 a.m., in the Theatre area. “We are excited about our lineup of speakers for this meeting,” said Emily Yeiser, dairy initiatives manager at the Center for Dairy …

Ag Group, Dairy, Finance