With Trump tariff payments boosting Corn Belt farm revenue, farmer confidence shot to its highest level since last June, just before the trade war with China began.
Overproduction of milk could continue to impact the dairy market in 2019. The last milk production report showed an increase of 0.6% for milk despite few cows,
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.
There is no plans to extend aid to farmers in 2019, assuming the market will recover in spite of the China trade war. No specific date for the second round of funding.
China's Newspaper put out a 4 page ad in the Des Moines Register stating that China is looking to South American for soybeans and what they calling a folly.
When we celebrated National Cheese Pizza Day, the dairy farmers seen a large spike in Cheese sales. Cheese consumption increased by more than 40% since 1995!
Association of Equipment Manufacturer reports seven months in 2018, nearly 145,000 tractors were sold which compares to almost 135,000 last year, a 7% increase.
The Ag Industry is preparing for a lot more pain. Due to the trade war that’s generated tens of billions of dollars in tariffs on U.S. farm commodities.