Beef prices are spiraling, but meat lovers aren’t deterred—yet
Beef and veal prices surged 11.3 percent in July on a year-over-year basis, according to the most recent consumer price index report.
Agriculture/Farming
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Former Corteva leader tapped as next AgriNovus CEO
She brings 15 years of experience in the food and agriculture space, including more than seven years at Dow AgroSciences.
USDA names Indianapolis among 5 new regional hub locations
The move is part of the Trump administration’s broader efforts to root out inefficiencies in the federal government.
Company revives Indiana fish farm previously used for genetically engineered salmon
Unlike AquaBounty, which emphasized rapid growth and production, Superior Fresh is taking a slower, “more intentional” approach.
Coca-Cola confirms cane-sugar version of its trademark cola is coming
Coca-Cola’s flagship product in the United States has been sweetened with high fructose corn syrup since the 1980s.
Beef prices have soared in United States—and not just during grilling season
Beef prices have been steadily rising over the past 20 years because the supply of cattle remains tight while beef continues to remain popular.
United States imposes 17% duty on Mexican tomatoes
Proponents said the import tax announced Monday will help rebuild the shrinking U.S. tomato industry.
Indiana assessed property values grow 12% as tax changes take effect
Assessed values for commercial and industrial properties grew at a higher rate than those for residential, according to the study assembled by the Department of Local Government Finance.
Trump curbs immigration enforcement at farms, meatpacking plants, hotels and restaurants
The shift suggests Trump’s promise of mass deportations has limits if it threatens industries that rely on workers in the country illegally.
Indiana farmers celebrate legislative wins, but key transition tax credit falls short
Property tax tweaks and a new online portal were among this year’s legislative victories for Hoosier farmers.
Indiana egg farm’s lawsuit accuses supplier of faulty packaging
The lawsuit, filed by Seymour-based Rose Acre Farms Inc., alleges breach of contract against New Jersey-based defendant Tri-Cor Flexible Packaging Inc.
EPA allowing sale of cheaper, higher-ethanol E15 gasoline this summer
The move pleases farmers and saves consumers a little money at the pump but is frustrating for environmentalists who believe ethanol-blended fuels harm the air and water.
As Easter approaches, egg prices hit record as retailers keep costs high on supply fears
The increase comes even as prices for wholesalers that supply grocery stores have dropped steeply.
Jury orders Monsanto parent to pay nearly $2.1B in Roundup weedkiller lawsuit
Bayer, which acquired Monsanto in 2018, has continued to dispute claims that Roundup causes cancer. But the company has been hit with more than 177,000 lawsuits involving the weedkiller and set aside $16 billion to settle cases.
China strikes back at Trump tariffs with 15% levies targeting farmers
The Chinese tariffs, announced last week, were a response to Trump’s decision to double the levy on Chinese imports to 20% on March 4.
‘Bear with me,’ Trump says as both farmers and consumers brace for tariff effects
Farmers and meat producers across the U.S. expect the new tariffs on Mexico, Canada and China and the retaliatory action from those countries to hurt their bottom lines if they stay in place a while.
China slaps extra tariffs of up to 15% on imports of major U.S. farm exports
The tariffs will apply to imports of key U.S. farm products, including chicken, pork, soy and beef.
Egg prices could jump 41% this year, USDA says, as Trump’s bird flu plan is unveiled
With an emphasis on farms tightening their measures to prevent bird flu’s spread, Agriculture Secretary Brooke Rollins said the USDA will invest another $1 billion on top of the roughly $2 billion it has already spent since the outbreak began in 2022.
Fishers planning second AgriPark near Indianapolis Metropolitan Airport
Fishers and the Indianapolis Zoo will partner on some aspects of the new AgriPark, which received a key approval in the development process on Tuesday.
U.S. egg prices hit record high and are likely to keep climbing
The spike in egg prices was the biggest since the nation’s last bird flu outbreak in 2015 and accounted for roughly two-thirds of the total increase in food costs last month, according to the U.S. Bureau of Labor Statistics.