The Farm Economy Explained in 5 Charts

After JBS confirmed a cyberattack shuttered some of its processing plants, USDA’s daily cattle slaughter estimates revealed 94,000 head of cattle were processed on Tuesday, a drop of 27,000 head compared to last week.

The tide has turned, and it turned rapidly. The latest round of agricultural credit condition surveys from the Federal Reserve banks show improved strength in the agricultural economy, including farm income, farm loan repayment rates, overall farm loan demand, interest rates and farmland values.

President Biden released his budget last week. As part of that process, he also released his revenue proposals to pay for the budget, commonly referred to as the “Green Book.” Paul Neiffer outlines the major revenue proposals that will likely impact farmers (and other taxpayers) the most.

How will California’s Prop 12 impact the U.S. pork industry? Barry Goodwin, economist at North Carolina State University, predicts dramatic changes—including further consolidation—as a result of compliance costs.

Some cows may soon be wearing masks, but they're not superheroes! Details in today's AgDay Minute.

Register now for this FREE two-day, online event and discover essential insights on mixing and feeding, disease management, traceability and how to gain better value for production.