Agriculture stocks have been in the limelight in recent months. Due to supply chain problems, increasing energy costs, and rising global demand, food prices continue to soar. Moreover, economists suggest that food prices will remain elevated throughout 2022, further fueling inflation. In January, food inflation in the U.S. hit 6.7%, the highest number we have seen…
By Hallie Gu and Shivani Singh BEIJING (Reuters) -The condition of China’s winter wheat crop could be the “worst in history”, the agriculture minister said on Saturday, raising concerns about grain supplies in the world’s biggest wheat consumer. Speaking to reporters on the sidelines of the country’s annual parliament meeting, Minister of Agriculture and Rural…
MOORESVILLE, Ind. (Inside INdiana Business) — Mooresville-based Equipment Technologies LLC is a farm equipment manufacturer that is feeling the effects of the supply chain disruption. The company produces Apache brand self-propelled sprayers, which are used by farmers to apply chemicals to control weeds, insects, and diseases. Just like many manufacturers, ET has had to adjust…
The Russian invasion of Ukraine is threatening to cut off some international shipments of wheat, spurring shortages and pushing the price of a vital crop higher when supply chain disruptions have already sent food costs spiraling. Wheat futures on the Chicago Board of Trade rose 5.43 percent on Thursday, outstripping gains by other commodities like…
CHARLESTON, S.C. (WBTW) — Upgrading waterway and port infrastructure is key to easing current and preventing future supply chain problems, according to a report released Thursday from the U.S. Department of Agriculture. The USDA Agri-food Supply Chain Assessment is a one-year review of the country’s supply chain issues and provides recommendations for easing issues across…
Hingoli, Maharashtra, India. Credit: Unsplash/CC0 Public Domain A study by researchers from CIRAD, IRD and the Tunisian National Institute of Nutrition and Food Technology (INNTA) revealed systematic positive correlations positives between the diversity of farm products and that of the diets of women on 290 family farms in the governorate of Sidi Bouzid, Tunisia. The…
Deere & Company shares rose over 1% in pre-market trading on Friday after the world’s largest maker of farm equipment reported better-than-expected earnings in the fiscal first quarter and lifted its annual profit forecast. The agricultural, construction and forestry equipment manufacturer said its net sales from equipment operations rose nearly 6% to $8.5 billion, surpassing…
ST. LOUIS — Ameren has announced plans to acquire its largest-ever solar farm, which may begin operations in Southern Illinois within two years. The move comes as the St. Louis-based power utility’s renewable energy expansion has, at least temporarily, been slowed by supply chain hiccups, among other issues. “As we went through last year, we…
