by Travis Martin | Jun 22, 2021 | Uncategorized
The dairy industry seems to be sitting at something of a crossroads. And the proof is in the puddi….er, yogurt. Let’s talk supply: Total milk output is growing and it’s not showing signs of stopping. USDA data is pointing to 2.4% growth in daily milk output over...
by Travis Martin | Jun 18, 2021 | Uncategorized
Tom Vilsack is making his voice heard loud and clear: No ag sector left behind. The USDA Pandemic Assistance for Producers initiative is coming through for producers and businesses that were left out of previous Coronavirus aid. The ag industries that will benefit...
by Travis Martin | Jun 4, 2021 | Uncategorized
No other way to say it; farmers are frustrated. May’s Ag Economy Barometer plummeted 20 points as pessimistic producers weighed current and future farm economic conditions. Just 27% of surveyed growers expect ‘good times’ for U.S. ag in the next five years – the...
by Travis Martin | May 28, 2021 | Uncategorized
You may have noticed a trend in Magnetic the past month. ‘Shortage’ – the supply chain and market-busting term – has shown up 13 times in the past 8 newsletters. And it’s not done yet. The issue this go-around? Truck drivers. With trucking companies...
by Travis Martin | Apr 20, 2021 | Uncategorized
Talk to just about anyone connected to the ag industry today and you will see their face light up when the conversation inevitably turns to commodity prices. After all, higher commodity prices are good for everyone… Minus one audience: bankers. Farm lending has been...
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