Policy and Research Analyst | Agricultural Economist | WEF Global Shaper | Finance and Investment Enthusiast
In this piece co-authored with Uchechukwu Eze, we drew a number of inferences from the recently released July inflation figures, including the impact of base effect and agricultural seasonality on the observed decline in inflation. Read here: https://lnkd.in/dgecsTQC
Want to know more about current and expected market conditions affecting agricultural co-ops? In this 60-minute zoom, Tanner Ehmke, Lead Economist with CoBank, will discuss the issues impacting the macroeconomy, agricultural commodity markets, and the agricultural economy with particular focus on inflation. https://buff.ly/4eqyepq
Food-at-home inflation continues to be stable, while food-away-from-home inflation remains higher than expected. As the November elections approach, farm groups are concerned about new potential trade wars. Read our latest Agricultural Landscape brief for a preview of U.S. agricultural imports in 2025 and new developments in the sector. https://lnkd.in/dAHD5bG4
The October edition of the Chicken Curry Index is out! In this month's edition, we've added a summary of IFPRI's new working paper on how Foreign Exchange market disruptions have affected agricultural production. Have a look and let us know what you think! #inflation #Myanmar
The price of 'Beef ' (PBEEF) was $273.55 per unit in 2024-08. This reflects a month-over-month increase of 1.08%, a quarter-over-quarter increase of 1.68%, and a year-over-year increase of 27.62%. Follow @globalsavors for more. #economicdata #economy #agricommodities #export
Commodity prices, inflation, interest rates, world events, and politics have roiled Canada’s farm sector and created significant uncertainty for producers. To simplify a complex situation, this article highlights nine key economic and market trends that are having an outsized impact on Canadian agricultural producers. http://spr.ly/6040avZH8
USDA’s Economic Research Service forecasts inflation-adjusted U.S. net cash farm income will decrease by $16.3 billion — or 9.6% — to $154.1 billion in 2024. This would come after a decrease of $52.9 billion — or 23.7% — in 2023.
Commodity prices, inflation, interest rates, world events, and politics have roiled Canada’s farm sector and created significant uncertainty for producers. To simplify a complex situation, this article highlights nine key economic and market trends that are having an outsized impact on Canadian agricultural producers. http://spr.ly/6048avkta
🌍 𝗥𝘂𝘀𝘀𝗶𝗮𝗻 𝗪𝗲𝗮𝘁𝗵𝗲𝗿 𝗥𝗶𝘀𝗸 𝗗𝗼𝘄𝗻; 𝗡𝗼 𝗜𝗺𝗺𝗲𝗱𝗶𝗮𝘁𝗲 𝗨𝗦 𝗧𝗮𝗿𝗶𝗳𝗳 𝗛𝗶𝗸𝗲𝘀 🌍 The latest update from SovEcon highlights key developments in weather forecasts and US trade policy, impacting global markets. 🔍 𝗞𝗲𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: 𝗪𝗮𝗿𝗺𝗲𝗿 𝗪𝗲𝗮𝘁𝗵𝗲𝗿 𝗳𝗼𝗿 𝗥𝘂𝘀𝘀𝗶𝗮: Forecast models have turned substantially warmer, reducing the risk to winter wheat crops. 𝗧𝗿𝘂𝗺𝗽’𝘀 𝗙𝗶𝗿𝘀𝘁 𝗗𝗮𝘆: Focus was on immigration and energy, with WTI falling 1.3%. Announcement of a new External Revenue Agency, likely tasked with future tariff collections, but no immediate tariff hikes were introduced. The euro rose 1.2% against the dollar amid relief in financial markets. 👉 Full report here: https://lnkd.in/dJ_G6Cmf 💬 𝙒𝙝𝙖𝙩 𝙞𝙢𝙥𝙖𝙘𝙩 𝙬𝙞𝙡𝙡 𝙘𝙝𝙖𝙣𝙜𝙞𝙣𝙜 𝙬𝙚𝙖𝙩𝙝𝙚𝙧 𝙥𝙖𝙩𝙩𝙚𝙧𝙣𝙨 𝙖𝙣𝙙 𝙏𝙧𝙪𝙢𝙥'𝙨 𝙥𝙤𝙡𝙞𝙘𝙞𝙚𝙨 𝙝𝙖𝙫𝙚 𝙤𝙣 𝙜𝙡𝙤𝙗𝙖𝙡 𝙢𝙖𝙧𝙠𝙚𝙩𝙨? 𝗧𝗼 𝗴𝗲𝘁 𝗮 𝗳𝘂𝗹𝗹 𝘀𝘂𝗺𝗺𝗮𝗿𝘆 𝗼𝗳 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗼𝘂𝗿 𝗴𝗹𝗼𝗯𝗮𝗹 𝗻𝗲𝘁𝘄𝗼𝗿𝗸, 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗼𝘂𝗿 𝗻𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 👉 https://lnkd.in/db4Shxrw #Agriculture #GrainMarkets #Russia #TradePolicy #Trump #EklipXResearch
Great insights from @FarmCredit on the challenges facing agriculture! While the nationwide trend shows a decline in net farm income, it’s encouraging to see states like Nebraska, where cattle and calf operations continue to provide stability. As the nation’s leader of red meat production, Nebraska's cattle industry plays a critical role in keeping rural economies strong. Strong markets for beef, robust export demand, and efficient feedlot operations allow Nebraska producers to maintain cash flow, even when crop revenues face headwinds. It's a testament to the resilience of cattle country – proving again that diversified operations, especially in beef production, remain vital for sustaining agricultural income across the Heartland. #CattleCountry #NebraskaAgriculture #BeefProduction
U.S. net cash farm income has experienced the steepest two-year decline in history. Our analysts at Terrain look at recent farm sector income projections by the USDA’s Economic Research Service that show how dramatic that loss in profitability has been and where rural economies have experienced the deepest cuts. https://lnkd.in/eSdX9WxK
Webinar Update: Macroeconomic and Spring Planting April 10, 2024 Update Check out this webinar where CoBank Knowledge Exchange experts dive into key questions about the economy, inflation, USDA reports, and more. 🌾💰 Watch anytime at: https://lnkd.in/gXSrma3r #economy #finance #business #agriculture
B.SC (First Class Honours) Economist ll Researcher ll Data Analyst II Financial Analyst
5moInsightful! thank you Ayobami Joshua Ayorinde