As ranchers continue to battle severe drought conditions, the US cattle heard is expected to continue shrinking into 2023. As a result, US beef imports are expected to increase next year with Australia seen playing a starring role. That would mark a change from the last few years where several factors have depressed US beef …
After being suspended in December of 2018, the United States Department of Agriculture “Cost of Pollination” survey has now been reinstated. For producers that regularly need to rent bees, it probably comes as no surprise that pollination costs have skyrocketed over the last few years, with prices up well more than +30% in many cases. …
Even Bees Are Getting Stung by Inflation… Cost of Pollination Up +38% Since 2017 Read More »
Avian influenza, aka “bird flu,” absolutely ravaged US poultry flocks in 2022 with almost 58 million birds in commercial poultry operations lost to the disease. The losses are now greater than the last major outbreak in 2014-15 that wiped out 50.5 million US poultry birds. Interestingly, California ranked 13th among US states for total number …
How California’s Egg Shortage – and Skyrocketing Prices – Could Spread to Other States Read More »
At long last, farmers and ranchers have gained the “right-to-repair” their expensive John Deere equipment thanks to an agreement with the American Farm Bureau Federation. The two parties signed a memorandum of understanding (MOU) that requires John Deere to provide farmers and independent repair facilities with access to the company’s tools, software, and documentation to …
What John Deere’s “Right to Repair” Agreement Means for US Farmers Read More »
It was brought to my attention that several other AgTech companies other than John Deere were showcasing some of their latest innovations at this year’s Consumer Electronics Show. Below are just a few more ag highlights from the show that I found interesting. Aimbe LAB: South Korean startup Aimbe LAB has designed a way to monitor the …
Interesting AgTech in the Spotlight at Consumer Electronics Show Read More »
A group of top athletes just bought a 104-acre Iowa farm for $5 million with their sites set on acquiring at least four more farm properties across the US. Cincinnati Bengals star Joe Burrow and Boston Celtics veteran Blake Griffin are part of Patricof Co., an investment and education platform tailored specifically for professional athletes. …
Sports Stars Scoop Up First of Five Farms via Athlete Investment Group “Patricof” Read More »
John Deere has put itself front and center at CES the world’s largest Consumer Electronics Show to showcase and launch its latest tech and to make the case for why an agriculture and construction business is a good fit for an event that’s generally reserved for the computer tech world. At the event last week, …
Say What… John Deere at the Consumer Electronics Show? Read More »
In order to sufficiently feed the world’s growing population by 2050, it’s estimated that a nearly +100% increase in wheat production is needed. Unfortunately, seed companies have not been able to rely on the “GMO” technologies used to boost the yields and resilience in corn, soybean, and other row crops. Instead, scientists have spent years …
New Hybrid Wheat Varieties Coming to a Field Near You Read More »
Agricultural lender CoBank is forecasting a challenging year ahead for farmers and ranchers as the world economy slows to a crawl. In the US, CoBank expects additional headwinds stemming from the tighter financial conditions, as well as political gridlock in Washington. The authors of the latest forecast, “Forces That Will Shape the U.S. Rural Economy …
CoBank’s 2023 Year Ahead: Forces That Will Shape the U.S. Rural Economy Read More »
*LAST VAN TRUMP REPORT UNTIL TUESDAY JAN 3rd, 2023 – Due to the Christmas holiday and abbreviated trading sessions we will not be issuing another morning report until Tuesday the 3rd day of January. If something dramatic happens or I make a sizeable adjustment to my portfolio or cash marketing strategy I will update paid …
