Farmers

Business

Agribusiness Giant Cargill Lifts Bet on Plant-Protein Craze

Cargill peas Dhiraj Singh/Bloomberg News

Cargill Inc., one of the world’s biggest agricultural companies, plans to spend an additional $75 million to expand in pea protein in the U.S. as traditional meat producers continue a shift to alternatives.

Patrick McKiernan | Bloomberg News
August 28, 2019
Government, Business

Crazy Midwest Weather Contributes to Farmers’ Stress

Midwest farm Daniel Acker/Bloomberg News

A survey conducted by Farm Futures showed that 53% of respondents said 2019 is the most difficult year they’ve faced as farmers — that includes 49% of baby boomers and mature growers, who lived through the 1980s farm crisis, according to the poll of 711 growers carried out from July 21 to Aug. 3.

Isis Almeida | Bloomberg News
August 28, 2019
Government, Business

China Trade War Means US Dairy is Missing Out

Dairy Cows James MacDonald/Bloomberg News

America’s dairy farmers, already struggling with falling milk consumption and low prices, are missing out on a rare demand boom thanks to Donald Trump’s trade war with China.

August 27, 2019
Government, Business, Logistics

As China Halts US Soy Purchases, ‘Unknown’ Buyers Step Up

Soybean Harvest Soybeans being harvested on a farm (Daniel Acker/Bloomberg News)

While China announced it has halted imports of American soybeans, a mysterious buyer has stepped up. The U.S. Department of Agriculture announced Aug. 7 a sale of 165,000 metric tons of the oilseed to “unknown destinations.”

Michael Hirtzer | Bloomberg News
August 7, 2019
Government, Business

Farm Suppliers Absorb Trade, Weather Blows Better Than Expected

Farming Shannon VanRaes/Bloomberg News

So far, the unprecedented trade and weather disruptions that are roiling American farmers aren’t stopping their suppliers from raking in profits.

Lydia Mulvany | Bloomberg News
July 30, 2019
Government, Business, Logistics

Majority of Trade Aid Went to Biggest Farms, Study Finds

Farm Daniel Acker/Bloomberg News

More than half of the Trump administration’s trade war aid for farmers went to just 10% of the recipients in the program, according to analysis of payments by an environmental organization.

Mike Dorning | Bloomberg News
July 30, 2019
Government, Equipment

US to Roll Out $16 Billion in Farm Aid for China Trade War

Farmers Daniel Acker/Bloomberg News

The U.S. Department of Agriculture is preparing to roll out an additional $16 billion in aid to farmers hurt by the Trump administration’s trade war with China, with payments to begin next month.

July 25, 2019
Business, Logistics

Corn in Recovery Mode With Summer Weather Here

Corn Daniel Acker/Bloomberg News

After a cold, soggy start to the season, it’s finally feeling like summer in the Midwest, and corn fields are recovering. A turn toward warmer weather should be beneficial for the battered crop, and government data signal that conditions are starting to bottom out.

Michael Hirtzer | Bloomberg News
July 9, 2019
Business, Logistics

Midwest Deluge Spurs Cut in US Estimate for Soybean Acreage

Soybeans Daniel Acker/Bloomberg News

The spring deluge in the Midwest and Great Plains spurred a cut in the U.S. forecast for soybean acreage, a bigger reduction than analysts expected.

Patrick McKiernan | Bloomberg News
June 28, 2019
Government, Business, Logistics

Surging Corn Prices Put US Wheat Back in the Feed Trough

Corn Daniel Acker/Bloomberg News

A looming shortfall in U.S. corn production after a historical spat of wet weather means wheat is back on the menu at cattle feedlots in the southern Plains.

Michael Hirtzer | Bloomberg News
June 26, 2019

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