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CEOs see strong biofuel demand driving solid 2024 farm economy

11/29/23 6:25 AM By Philip Brasher

Leaders of U.S. agribusiness giants expect the farm economy to remain relatively strong through next year despite higher interest rates and softening commodity markets.

Deere bullish on continued farmer demand, but investors fear slump

08/18/23 5:37 PM By Steve Davies

Deere & Co. reported stronger-than-expected earnings Friday yet saw its stock drop significantly amid concerns that the ag equipment industry may have peaked.

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June 30, 2024

Open Mic: Andy Harig, FMI-The Food Industry Association

This week’s Open Mic guest is Andy Harig, Vice President of Tax, Trade, Sustainability and Policy Development for FMI-The Food Industry Association. Consumers and the food industry have been forced to adapt to the Covid Pandemic as well as higher food costs from inflation. Harig says the market’s philosophy has shifted from a “just in time” to a “just in case” mentality. He says the food industry is adapting to consumers who spend less time preparing meals and are more sensitive to the sustainability of the food supply. Harig says FMI members want a new farm bill for nutrition as well as security of the domestic food supply.

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DriveTime: July 2, 2024
07/02/24
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Agri-Pulse Newsmakers

06.28.2024

Agri-Pulse Newsmakers: June 28, 2024: Rep. Tracey Mann, R-Kan., on CRP rental rates, international food aid programs; Katie Naessens and Joe Gilson on farm bill status

Kansas Republican Rep. Tracey Mann represents the Big First District of Kansas and is a member of the House Agriculture Committee. He joined the show this week to discuss CRP rental rates, water challenges across the Plains, and the benefits of using U.S. commodities in international food aid programs. Rep. Mann also gives his perspective on funding farm safety net programs in the farm bill.

Then, Katie Naessens with Torrey Advisory Group and Joe Gilson with the American Farm Bureau Federation join the show to discuss the prospects of a farm bill being passed this year and how presidential and congressional campaigns may figure into policy debates.

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