Items Tagged with 'wheat prices'

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.

Even as the Federal Reserve struggles to get inflation under control, the agriculture and energy sectors “have gained unexpected levels of pricing power” due to lingering global supply challenges, according to a quarterly report from CoBank.