TopCommodities’ Post

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://on.pru/3BNrKUg

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

Peoples Company is proud to present our fifth annual National Land Values Report. Our 2024 report includes insights into land values, income performance, regional updates, and factors influencing farmland investments, such as inflation, trade policies, and emerging ecosystem income streams. Read the full report here: https://lnkd.in/ghFrYxG7 #peoplescompany #nationallandvalues #landvalues #farmland #agriculture #investment #inflation #tradepolicy

#Agriculture and #agribusiness play a crucial role in driving our economic #recovery forward, naturally. They bring together all the other #economic #indicators in alignment for a better #standard of #living. I pray the #President focuses on that to #revive the economy. More on this in my new #article in a #week. #economy #financialliteracy #finance #recovery #portfolio #investment #Ghana #GhanaNews

  The latest 2024 farm sector income forecast, which the USDA Economic Research Service released on Sept. 5 and presented in a webinar by Carrie (Case) Litkowski, suggests net farm income will weaken this year and total $140 billion. The 4.4% nominal decline estimated between 2023 and 2024 isn't as drastic as the drop from 2022-23. The 2024 estimate positions net farm income above the 20-year average of $121.5 billion, and it improved since the February forecast, which estimated 2024 net farm income at $116.1 billion. The following notes help to explain the forecast and its implications: 1️⃣ Over time, farm income forecasts can shift due to accessing data that more closely reflect actual conditions rather than expectations. Compared with the February forecast, the blunted net farm income decline noted in the September forecast reflects more current data. Higher livestock receipts were the main factor that changed since February and benefited the September forecast. This was largely driven by livestock prices increasing substantially; for example, 2024 steer prices in the August WASDE relative to the January WASDE increased nearly 7%. 2️⃣ Strong livestock receipts and modestly declining production expenses keep projected net farm income from falling further. Crop receipts put downward pressure on estimated net farm income. 3️⃣ Livestock and crop farms face starkly different conditions. Farm businesses — those where farming is the primary occupation and gross cash farm income totals at least $350,000 — specializing in livestock enterprises all have estimated nominal net cash farm income growth in 2024 — for example, cattle and calves up nearly 10% and dairy up 47%. This is consistent with Kansas Farm Management Association observations that 2023 farm income was stronger for farms with livestock — mostly cattle. Farm businesses specializing in wheat are estimated to experience a year over year decline in their nominal net cash farm income in 2024 by nearly 50%, compared with 40% and 38% declines for farms specializing in soybeans and corn, respectively. The struggles for wheat mirror conditions published in updated 2024 Kansas crop budgets by Gregg Ibendahl and Daniel O'Brien, who project negative winter wheat returns in the 2025 crop year: https://lnkd.in/gjiUk6EG. 4️⃣ Liquidity is tightening but not at unprecedented levels. Due to higher interest rates and lower production values, ERS projects the debt service ratio to rise this year — meaning farms will use a greater share of production to pay for debt. At roughly 0.25, the ratio is better than levels observed from 2016-20 and 2009-10. If profitability retreats more, then debt service is a metric to monitor. National projections — like the ERS forecast — offer a composite view of U.S. farm finances. In about a month, the Rural and Farm Finance Policy Analysis Center (RaFF) will release state farm income outlooks. Watch for them!

What’s driving oil prices? A groundbreaking study on economic activity, freight, and policy risks from a fresh, time-varying perspective. Dr. Aviral Kumar Tiwari Read: https://lnkd.in/dtznCtBp. #FacultyAchievement #OilPrice #Economy #ResearchInsights #IIMBodhgaya

Agricultural holdings across northern Scotland drop by as much as 14% amid fears tax rises will decimate industry Read more: https://lnkd.in/eey9XCqA #aberdeenbusinessnews #unionmedia

Selling agricultural land? Discover the potential tax benefits through the Capital Gains Exemption. Stay informed for smarter financial decisions. Swipe to know more ➡️ For additional information, reach out to us at sales@indiafilings.com or visit indiafilings.com. #TaxBenefits #AgriculturalInvestment #FinancialAwareness #InvestmentPlanning #TaxExemption #LandSale #AgricultaralLand

Check out this insightful blog post which highlights the not-so-great news for the agricultural sector. The dollar income for the year has plummeted, and the agroindustry is feeling the pinch. Read more about it here: https://ift.tt/h9JgGWU.

The Canada Letter Special Edition published by The New York Times is an interesting read. Canada and Southwest Alberta nearly lost some significant investments in agricultural product development and agricultural processing industries during Donald Trump’s first term in office. Protectionist policies and associated tariffs in his new term that he has promised to implement could do significant harm to our economy and place a chill on any new investment. Worth reading if you can find the article.