Farm Bureau Survey Shows Thanksgiving Dinner Cost Up 14%

Cindy Zimmerman Leave a Comment

Your 2021 Thanksgiving dinner is more expensive this year than it was last year, but still a bargain, according to the American Farm Bureau Federation.

Farm Bureau’s 36th annual survey indicates the average cost of this year’s classic Thanksgiving feast for 10 is $53.31 or less than $6.00 per person. This is a $6.41 or 14% increase from last year’s average of $46.90. The centerpiece on most Thanksgiving tables – the turkey – costs more than last year, at $23.99 for a 16-pound bird. That’s roughly $1.50 per pound, up 24% from last year, but there are several mitigating factors.

Farm Bureau “volunteer shoppers” checked prices Oct. 26 to Nov. 8, about two weeks before most grocery store chains began featuring whole frozen turkeys at sharply lower prices. Although the survey timeline is consistent with past AFBF Thanksgiving surveys, 2021 brought some unique differences. According to USDA Agricultural Marketing Service data, grocery stores began advertising lower feature prices later than usual this year. Also, the average per-pound feature price for whole frozen turkeys was $1.07 the week of Nov. 5-11 and 88 cents the week of Nov. 12-18, a decline of 18% in just one week. This means consumers who have not yet purchased a turkey should be able to find one at a lower cost than the Farm Bureau average.

“Several factors contributed to the increase in average cost of this year’s Thanksgiving dinner,” said AFBF Senior Economist Veronica Nigh. “These include dramatic disruptions to the U.S. economy and supply chains over the last 20 months; inflationary pressure throughout the economy; difficulty in predicting demand during the COVID-19 pandemic and high global demand for food, particularly meat,” she explained. Further, “The trend of consumers cooking and eating at home more often due to the pandemic led to increased supermarket demand and higher retail food prices in 2020 and 2021, compared to pre-pandemic prices in 2019.”

Meanwhile, USDA waited until November 12 to do its survey and came up with just a 5% increase, since the turkey was 88 cents a pound. Most of the other handful of food items USDA surveyed also cost less than the AFBF survey. Wonder where they are shopping?

Below are the average retail cost of Thanksgiving staples, based on AMS Market News Retail Reports for the week ending on 11/12/2021:
Frozen Turkey Hen (12 lbs.) – $0.88 cents per pound
Sweet Potatoes – $0.83 cents per pound
Russet Potatoes – $0.90 cents per pound
Cranberries – $2.22 per 12 oz. bag
Green beans – $1.64 per pound
Milk (1 gallon) – $3.75 per gallon
*Overall, this represents a 5.0% increase over last year for these selected items combined.

AFBF, Food, USDA

NAFB Convention is Live and Large in KC

Cindy Zimmerman Leave a Comment

The 78th NAFB Convention is back in person at the Westin Crown Center in Kansas City, Missouri. Every year, NAFB Convention brings together broadcast professionals, ag industry leaders, and students focused on the agriculture industry.

Last year’s event was virtual due to the pandemic, but this year it is business as usual with attendance just about normal and a full Trade Talk underway this morning.

NAFB President-elect Spencer Chase with Agri-Pulse discusses this year’s convention.
Interview with NAFB President-elect Spencer Chase, Agri-Pulse (8:57)

2021 NAFB Convention Photo Album

Audio, NAFB

Precision Ag News 11/17

Carrie Muehling Leave a Comment

  • The Association of Equipment Manufacturers inducted Bryn Fosburgh, senior vice president of Trimble, into its Hall of Fame for a broad range of contributions in developing and advancing technologies that support the construction and agriculture industries worldwide. The AEM Hall of Fame recognizes the pioneers whose inventions, ideas, leadership and courage have contributed to the industry and our community’s quality of life. The award was presented to Fosburgh at AEM’s Annual Conference in Phoenix on November 12.
  • Dryland Genetics continues their expansion, appointing John Manuel as their new Chief Commercial Officer.
  • Meristem Crop Performance Group, LLC and Sean Rittinger of Stoutsville Seed Shed of Stoutsville, Ohio announced a new dealership agreement to serve farmers in South Central Ohio.
  • The 2022 lineup of Brevant® brand Enlist E3® soybeans offers new genetics from Corteva Agriscience, proven performance and improved agronomics. This year, Corteva Agriscience is launching the next generation of Enlist E3 soybean varieties, with Brevant seeds bringing them to market through ag retail. These soybeans feature the Enlist E3 trait with Corteva Agriscience germplasm and promise to help boost agronomic performance for farmers while providing retailers with a new and differentiated product.
  • Grower groups are expressing frustration that EPA recently did not use “the best available science and data,” as is required by law, in its endangered species biological evaluations (BE) for glyphosate, atrazine, and simazine released November 12. As a result, EPA’s final BEs for these chemistries vastly inflate the number of species and habitats found likely to be adversely affected. The American Soybean Association and American Farm Bureau Federation have sought to provide the EPA with better, real-world data sources, including in comments on the draft biological evaluations — comments that EPA opted not to incorporate into the final BE.
  • AgriThority® expands the U.S. team with the additions of a product development and regulatory senior manager and a project and market analyst. The LATAM team also adds a business development and sales lead. Solito Sumulong brings more than 20 years of experience to his role as Product Development and Regulatory Senior Manager at AgriThority®. AgriThority also welcomes two others: Horacio Buscaglia as business development & sales lead, LATAM, and Chase Beisly as project and market analyst.
  • Several national agriculture and business organizations have announced their support for U.S. Senator Deb Fischer’s (R-Neb.) Precision Agriculture Loan Act. Sen. Fischer, who is a member of the Senate Agriculture Committee, introduced the bipartisan legislation in September.
  • Heliae® Agriculture announced that its flagship product, PhycoTerra® soil microbial food, has been approved for use in Mexico. PhycoTerra® is an intricately balanced formula sourced from nature, specifically produced to feed the active and dormant beneficial microbes already native in soil.
AgWired Precision, Precision Ag Bytes, Precision Agriculture

Syngenta Partners With Dairy Industry and Nature Conservancy

Cindy Zimmerman Leave a Comment

The Innovation Center for U.S. Dairy has announced a partnership with Syngenta and The Nature Conservancy to help dairy producers “reduce greenhouse gas emissions, improve water quality and strengthen farm resilience.”

You can listen to an interview with Chris Cook, Head of Enogen, and Liz Hunt, Head of Sustainable & Responsible Business for Syngenta, who explain more about the initiative: Interview with Chris Cook & Liz Hunt, Syngenta

The collaboration aims to develop a replicable program and toolset to scale the adoption of best management practices in feed/forage production and feed efficiency. Since launching last spring, the group has been working with Wisconsin-based dairy farmers who belong to the Foremost Farms USA® dairy cooperative, which has approximately 1,000 member-owners across seven Midwest states, with support from Nestlé. The team is actively working to expand to more states, with the goal of increasing the number of participating farms each year.

This work is part of the U.S. Dairy Net Zero Initiative (NZI), a five-year, collaborative effort launched in 2020, which includes research, on-farm pilots and partner-based strategies to develop a pathway on-farm to reaching the 2050 environmental stewardship goals set by the Innovation Center for U.S. Dairy. NZI seeks to accelerate voluntary action to reduce environmental impacts by making sustainable practices and technologies more accessible and affordable to U.S. dairy farms of all sizes and geographies.

The effort includes opportunities to incorporate hybrid feeds that can improve the digestibility of starch in cattle feed. From a lifecycle analysis perspective, the potential environmental savings and benefits from increasing feed efficiency are significant for climate-impacting greenhouse gas emissions, as well as land, water and energy use.

Audio, Corn, Dairy, Feed, Livestock, Sustainability, Syngenta

Animal Ag News 11/15

Carrie Muehling Leave a Comment

  • U.S. Senators Deb Fischer (R-Neb.), Chuck Grassley (R-Iowa), Jon Tester (D-Mont.), and Ron Wyden (D-Ore.) are announcing a compromise cattle market proposal, known as the Cattle Price Discovery and Transparency Act.
  • U.S. pork exports have experienced significant growth since 2010 — increasing more than 50% in volume and 60% in value. This substantial increase can be attributed to the fact that the U.S. is a low-cost consistent pork supplier in the global market. A new report from the National Pork Board details how U.S. pork can differentiate itself beyond these two attributes to continue to grow its global market share.
  • As friends and family gather for the holidays, Americans are expected to purchase 161 million pounds of butter from the second week in November through Christmas. While butter sales usually increase during the holidays, the pandemic, which spiked a rebirth of home cooking, has also caused butter sales to grow significantly year-round. According to Suzanne Fanning, Senior Vice President at Dairy Farmers of Wisconsin, the organization saw a 400% spike in recipe searches during the pandemic.
  • The American Feed Industry Association’s Nutrition Committee is hosting a program focused on challenges and opportunities for the animal food industry in the face of disruptions, such as pandemics or foreign animal diseases. Titled, “Business Continuity in Times of Disruption: Lessons Learned,” the program will take place on Jan. 26, 2022, in conjunction with the 2022 International Production & Processing Expo, taking place Jan. 25-27.
  • Boehringer Ingelheim announces the appointment of Sharon Holt to Director of Marketing for U.S. Swine and Poultry. Holt has more than 19 years of leadership experience and an intrinsic knowledge of the Boehringer Ingelheim Animal Health business across manufacturing, supply chain and commercial functions.
  • Three emerging livestock industry leaders received welcomed financial support this month as they were named recipients of the 2022 Throlson American Bison Foundation scholarship.
  • GO Topeka, the economic development group for Kansas’ Capital City, announced that 10 new startups have graduated from Plug and Play Topeka, an animal health and ag-tech incubator. The early- and mid-stage startups, selected after a pitch competition in late September, have successfully completed the three-month accelerator program.
  • The 138th Annual Convention of Delegates of the American Angus Association assembled November 8, 2021 in Fort Worth, Texas. Newly elected officers were Jerry Connealy, Whitman, Neb., president and chairman of the Board; and Chuck Grove, Forest, Va., vice president and vice chairman of the Board. Barry Pollard, Enid, Okla., will serve as the Treasurer for the 2021-2022.
  • The National Cattlemen’s Beef Association called on Secretary Vilsack to immediately suspend all imports of fresh beef from Brazil to the United States. In the letter to USDA, NCBA asked for a suspension until the agency conducts a thorough risk assessment and review of the processes that Brazil’s Ministry of Agriculture, Livestock, and Food Supply (MAPA) uses to detect disease and other threats to consumers. NCBA also urged USDA to review Brazil’s veterinary diagnostic laboratory system.
AgWired Animal, Animal Agriculture, Animal Bites

Industry Ag News 11/12

Carrie Muehling

  • Syngenta is donating $12,050 to local chapters of the National FFA® Organization to help support ongoing training and programming for future agriculture leaders and their communities.
  • The Association of Equipment Manufacturers (AEM) announced its 2022 officers and directors elected to the AEM Board of Directors and Agriculture and Construction Equipment Sector Boards during its annual business meeting this week. AEM President, Dennis Slater, who announced earlier this year that he will retire after 23-years at the helm of the organization, was bestowed the honor of an AEM Life Honorary Director. The designation is traditionally conferred upon past board chairs.
  • The International Federation of Agricultural Journalists (IFAJ) and Alltech have announced that nominations are open for the IFAJ-Alltech International Award for Leadership in Agricultural Journalism. The award will be presented during the Alltech ONE Conference in 2022. Journalists aged 40 years or younger by Dec. 31, 2021, can be nominated through their IFAJ guilds via the online application form.
  • Make plans to attend the 45th annual Georgia Peanut Farm Show and Conference scheduled for Wednesday and Thursday, Jan. 19-20, 2022, at the University of Georgia Tifton Campus Conference Center in Tifton, Georgia. Wednesday’s hours will be 1:00 – 5:00 p.m. and Thursday’s hours will be 8:00 a.m. – 2:30 p.m. The two-day show is free and open to all farmers and industry representatives to attend.
  • Team SI announces the introduction of a new ag-marketing company, SI EQ, a TraDigitalTM, data-driven marketing firm focused on the agriculture community. Originating out of Team SI, the experts at SI EQ have worked with agriculture equipment dealers for nearly a decade and are well-known as result-oriented marketers in the ag industry.
  • The World Food Prize Foundation (WFPF) announced that Rebecca Picard has joined the WFPF team as the new Sr. Program Manager, Internships and Youth Impact.
  • Class is now in session at the Specialty Soya and Grains Alliance.
  • The U.S. Department of Agriculture announced the appointment of 14 members to the National Agricultural Research, Extension, Education, and Economics Advisory Board. Eight members are new appointments, and six members are reappointments. Of those new appointments, one was Dr. Dana Allen-Tully. She serves as Minnesota Corn Grower Association treasurer and NCGA Sustainable Ag Research Action Team vice chair.
  • In observance of Veterans Day, Kubota Tractor Corporation announced all five of its 2021 “Geared to Give” farmer veteran tractor recipients in partnership with the Farmer Veteran Coalition (FVC) from Buck Commander’s E3 Ranch in Fort Scott, Kansas. While all five program recipients are being honored and recognized for their past U.S. military service and their continued service to their communities through farming, currently serving North Dakota Army National Guard 1st Lt. Ryan Blumhagen was honore in a special ceremony hosted by Buck Commander’s Adam LaRoche, a former Major League Baseball player and owner of the E3 Ranch and Foundation.
  • John Deere has partnered with the Trust for the National Mall to support events on the National Mall in Washington, D.C., including this month’s Veterans Day ceremonies commemorating the hardworking men and women of the United States military. The company has provided three of their XUV835M Honor Edition Gator Utility Vehicles (Honor Gators) to be used by onsite staff throughout the ceremonies and one Honor Gator will remain with the National Mall as a donation to support future events.
  • The Northern Soy Marketing (NSM) group welcomes the Nebraska Soybean Board to its growing list of Qualified State Soybean Boards that have joined forces to promote the high-quality of northern-grown soybeans.
  • Directions, a top U.S. insights and analytics firm, and Aimpoint Research, a global strategic intelligence firm, announced they have finalized an agreement under which Directions will acquire Aimpoint Research.
Zimfo Bytes

Benson Hill Deepens Expertise with Senior Strategic Hires

Cindy Zimmerman

Benson Hill, Inc. has announced senior strategic hires as the company prepares to commercialize its soybean ingredient portfolio and identify new pathways for the growing meat alternative market.

Andres Martin joins Benson Hill as Executive Vice President and General Manager, International, to focus on expanding the company’s customer base and introducing Benson Hill’s proprietary, non-GMO soybean portfolio to markets outside the United States. Martin brings over 25 years of experience in supply chain operations and agribusiness, most recently as President of Bunge North America and as Head of Grains and Oilseeds at Bunge. Martin is a member of Benson Hill’s Executive Leadership Team reporting to Benson Hill CEO Matt Crisp, and is located in Barcelona, Spain.

Trent Collins joins the Company as Senior Vice President, Ingredient Operations. Before joining Benson Hill, Collins held various engineering, manufacturing and operational roles during his 28-year tenure with Archer Daniels Midland, most recently as Global Director, Proteins Technology. Collins will report to Bruce Bennett, President of the Company’s Ingredients business segment, who joined the company in July 2021.

Ratna Mukherjea, PhD., joins the Company as Senior Director, Food Innovation. Mukherjea has more than 20 years of experience in clinical and translational research at academic institutions and in the food industry, most recently at International Flavors & Fragrances, formerly DuPont Nutrition & Biosciences.

“At Benson Hill, we have built a category-defining company striving to make a meaningful environmental and social impact in food production by evolving beyond the traditional commodity system,” said Matt Crisp, Chief Executive Officer of Benson Hill. “Andres, Trent and Ratna share our bold vision and bring extensive experience and diverse expertise to drive execution and innovation across our company.”

Agribusiness, AgWired Precision, Soybean

Precision Ag News 11/10

Carrie Muehling

  • AgGateway, a global non-profit organization leading the industry’s transition to digital agriculture, announced that Paul Schrimpf is joining the organization as its new Director of Marketing and Communications, effective January 1, 2022.
  • Heliae® Agriculture, an algal tech company specializing in regenerative agriculture solutions, announced that its new seed treatment, PhycoTerra® ST, received the 2021 Product of the Year Award by the Algae Biomass Organization (ABO).
  • AgMission™, a global collaboration to reduce greenhouse gas (GHG) emissions in agriculture, announced that McDonald’s USA has partnered to develop and implement climate-smart farming solutions with a $5 million commitment over the next five years. The Foundation for Food & Agriculture Research (FFAR), the U.S. Farmers & Ranchers in Action (USFRA) and the World Farmers’ Organisation (WFO) established AgMission to unlock agriculture’s potential to reduce GHG emissions.
  • Smart Fertilizer Software partners with leading precision agricultural technology company SupPlant to create a sensor-less precision plant nutrition platform designed for smallholder farmers across the globe. The platform, developed by Smart Fertilizer Software named GroPlant, will offer farmers of all capabilities access to data and satellite driven information designed to improve water and fertilization efficiency, while taking into consideration weather events.
  • AEI Premium, the online community for agricultural decision makers, presents the second season of its award-winning podcast series: “Corn Saves America.” Episodes are available to stream now at aei.ag/season2 and cornsavesamerica.com, along with additional reading about the topics discussed on the show.
  • 3Bar Biologics walked away from Western Growers/S2G Ventures’ AgSharks® Competition with a $250,000 equity investment offer to take its microbe technology from development to market. The seed funding was awarded by S2G Ventures after 3Bar Biologics competed against four other companies inventing new technology solutions to solve agriculture’s most pressing issues.
AgWired Precision, Precision Ag Bytes, Precision Agriculture

ZimmCast 680 – Learning About Zeolite from Ida-Ore

Chuck Zimmerman

ZimmCastHello and welcome to the ZimmCast. I’m Chuck Zimmerman.

Ida-Ore ZeoliteIn this week’s program, we meet a new sponsor – IDA-ORE ZEOLITE. I have a conversation with Ida-Ore Sales Manager Matt Lott about the company and just what is Zeolite. Matt will provide us with background on the company and then focus on their products. Zeolite is used in a variety of industries like turf, soil amendment, animal feed additive, water filtration and waste and more. One that I found interesting was the use of Zeolite in pet products that include bedding and cat litter. It has enormous odor eliminating properties. Home Depot is a large retailer of their products.

That’s the ZimmCast for this week. I hope you enjoyed it and thanks for listening.

Listen to the ZimmCast here:
ZimmCast 680 - Learning about Zeolite from Ida-Ore (14:17)

This week’s podcast is sponsored by IDA-ORE ZEOLITE. Zeolite is a miracle mineral that is rapidly taking over the agricultural, turf, and water filtration industries. Visit www.ida-ore.com or call 208-515-6966 to get a quote for bulk orders.

Mention discount code “CHUCK” for savings!

Want to sponsor the ZimmCast? Just let me know and we can talk through ideas for your company. I’m AgriBlogger on Twitter or just email me at chuck@zimmcomm.biz.

Subscribe to the ZimmCast in:

Agribusiness, Animal Agriculture, Audio, Soil, Water, ZimmCast

Bayer Crop Science Business up 26 Percent

Cindy Zimmerman

The Bayer Group saw a significant increase in sales and earnings in the third quarter of this year with substantial growth in the agricultural business. In Crop Science, sales rose by nearly 26 percent due to a substantial increase in volumes and prices.

“We delivered strong operational performance, with all divisions showing strong growth momentum,” said Werner Baumann, Chairman of the Board of Management, on Tuesday when presenting the company’s third-quarter results.

Growth was particularly strong at Corn Seed & Traits, driven by gains in North America due to lower product returns and the later receipt of license revenues. As expected, these license revenues were recorded in the third quarter this year as opposed to the second quarter as in 2020. Sales also advanced in Latin America due to the launch of the new VTPro4 trait for improved pest control as well as higher volumes and prices. Soybean Seed & Traits also registered strong growth, driven by gains in North America – due to lower product returns and higher license revenues – and in Latin America as a result of higher prices and volumes. Herbicides also posted a substantial increase in sales, with the business recording encouraging gains in North America and Europe/Middle East/Africa, mainly due to an increase in prices for glyphosate-based products and higher volumes.

“Our seed and traits business registered particularly strong gains,” said Wolfgang Nickl, CFO of Bayer AG. “In North America, this was mainly due to lower product returns compared with the prior-year quarter as well as higher license revenues. Our seed and traits business in South America benefited from higher prices and volumes, as well as the launch of a new corn trait. Our herbicides business expanded as a result of higher prices, particularly in North America.”

Regarding the glyphosate litigations in the United States, I would like to briefly point to our five-point plan, which we had provided specific information on this summer. In December, the U.S. Supreme Court could decide whether to accept the Hardeman case for review. A positive outcome in the coming year could then effectively end the litigation. In the event of a negative outcome, we already made an additional provision of $ 4.5 billion before taxes and discounting in the second quarter to cover possible long-term risks as communicated.

Nickl says Bayer has raised its prices for glyphosate because of reductions in product availability and expects further price increases in the next quarter.

Listen to comments on Bayer Crop Science business from Nickl during the Tuesday news conference call.
Bayer CFO Wolfgang Nickl - Crop Science 3rd quarter (2:15)

Bayer CFO Wolfgang Nickl - glyphosate supply and prices (:49)

Agribusiness, Audio, Bayer