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Shining Light on Farm & Food Policy for 20 Years.
Saturday, November 23, 2024
Farm equipment suppliers such as Deere & Co. have been shedding jobs and other agribusiness giants are reporting weaker business prospects in North America, a potential harbinger of continued softness in farm income as producers head out to harvest crops this fall.
Consumers are unlikely to scale back on July Fourth celebrations even with prices for barbecue staple ingredients up 31% on average over the past four years.
A measure of global food commodity prices fell slightly for the second month in a row in May, despite the continued surge in wheat markets as the war in Ukraine dragged on.
