Currently, the USDA expects the prices of beef, pork, poultry and dairy to shoot up five percent next year. You can blame the drought for a lot of that increase as this summer a lot of small livestock producers are struggling just to stay in business.
A version of this story ran on KBIA's Business Beat, a weekly program about business and economics in mid-Missouri.
Ed Greiman, a cattle producer and president-elect of the Iowa Cattlemen, climbs onto the front of a truck hauling silage on his ranch near Garner, Iowa. Like other ranchers, he's getting a feel for what life would be like without a farm bill.
This week on the show, what would happen if Congress doesn’t pass a farm bill? Plus, a quick check in on the new student-oriented bus route in Columbia, that started running this week; and what it might mean for the city’s overall transit system.
What do these companies have in common? Yes, they're big companies, they employ a lot of people and they're successful. But here's one more thing--all of these companies were created in a period of economic downturn. The Fortune 500 is littered with stories like this.
Business Beat spoke with Maria Figueroa-Armijos who's one of the authors of a new study which suggests that certain types of entrepreneurs are on the rise and it’s not in spite of the recession--it’s because of it.
It’s going to seem like this week’s show is all about keeping cows cool, and it kind of is, but keep in mind this is a serious threat to agriculture in Missouri, and thus, the overall economy in the state.
Visits from foreign buyers play a role in sustaining certain agriculture markets in the Midwest. Plus, educators, designers and engineers team up to try to fund the next big innovation for small farms.