File October 9 in U.S. District Court, the plaintiffs say the price-fixing dates back to at least 2015, and includes Cargill, JBS, Tyson, and National Beef Packing Company.
Farm real estate values increased considerably in 2022 but showed signs of softening late in the year as interest rates on farm loans jumped to decade highs alongside increases in the federal funds rate.
With federal pandemic aid in their hands, farmers and ranchers borrowed far less money than usual from ag bankers during the first quarter of this year on operating expenses.
**The buzz continues over getting a Farm Bill done before year end.
American Farm Bureau Federation’s Andrew Walmsley and National Cattlemen’s Beef Association’s Colin Woodall both say they remain optimistic.
But, Farm Journal’s Jim Wiesemeyer tells agweb...
Farmers were asked to rate how satisfied they are with the midterm results with 64% saying they’re very satisfied or somewhat satisfied with the outcome.
The U.S. and Philippines have made progress on trade issues of interest to the red meat industry. The agreement also is seeking improved valuation of ag imports.
Ag bankers says land as collateral can be a viable option for additional farm loan. People are eating more meat, poultry and dairy products than ever before.