Articles by Bill Tomson

The USDA on Friday lowered its yield and production forecast for both corn and cotton, sending futures prices up for both commodities.

Democrats are set today to send their historic climate bill to President Joe Biden for his signature.

The White House is no doubt glad to see the Consumer Price Index stay unchanged for July. But there is little good news in the latest data for supermarket prices.

The House Rules Committee meets today to prepare the Inflation Reduction Act for Friday’s debate on the House floor.

The average value of American cropland across the country rose sharply by about 14% in 2022 as strong commodity prices and inflation eclipsed rising input and other production costs. It was the second straight year farmers saw substantial increases in the value of their land, with some of the biggest jumps in the Northern Plains, Corn Belt and Lake States, according to new USDA data.

Tyson Foods, one of the four big meat processors that’s been the target of critics in the White House and Capitol Hill, says it’s beef business is softening as cost-conscious consumers turn to other meats.

As ships filled with Ukrainian grain leave Odesa ports for the first time in five months, the Ukrainian ag sector is cautiously optimistic that trade will save farmers, and the United Nations is hoping to see food prices drop for the neediest countries.

August is here, which means it’s usually fairly quiet in the nation’s capital.

Senate Democrats have altered the upcoming farm bill debate with this week’s stunning agreement on a budget reconciliation bill.

President Joe Biden’s choice to be the next chief agricultural trade negotiator spent much of his nomination hearing arguing that he and the U.S. trade representative will be able to increase foreign market access for U.S. farm goods without negotiating new free trade agreements, but Republican senators weren't buying it.