Supply chain issues are becoming one of the biggest concerns for agriculture. As the bottlenecks reach a critical point, some economists say it could take at least a year to remedy chaos in the global supply chain.
Positive demand news late in the week meant soybean prices tried to recover from the double digit losses after the USDA reports. And it's more than price that could have the final say in the 2022 acreage debate.
In between fields or while waiting on rain this harvest, take a few minutes to evaluate the opposite end of the growing season. Planter performance is a story well told by looking at the final ear count and confirmation.
Although pent-up demand has been a tailwind for the U.S meat industry in recent months, CoBank said the full effect of inflation is expected to test consumers’ appetite for meat during the fourth quarter.