It’s been forecasted for months, and now, in the National Oceanic and Atmospheric Administration's monthly outlook, forecasters issued an El Niño Advisory.
The Farm Credit Administration’s quarterly report on economic issues shows inflation remains elevated in certain sectors of the economy despite interest rate hikes and supply chain improvements.
The February Farm Income Forecast, showing net farm income, a broad measure of profits, at $136.9 billion in calendar year 2023, a decrease of $25.9 billion, or 15.9% from last year.
A California company intends to build the first ethanol plant in America powered by sugar cane. The latest Drought Monitor shows much of the U.S. is dealing with dry conditions.
Ag groups are reacting positively to President Biden signing the Ocean Shipping Reform Act, which will address the supply chain and shipping port issues hampering U.S. exports.