Southern Peanut Conference and Red Meat Exports Solid

Southern Peanut Conference and Red Meat Exports Solid

Bob Larson
Bob Larson
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.

**Just a reminder, the 23rd Annual Southern Peanut Growers Conference will be held July 21-23, at the Edgewater Beach Resort, Panama City Beach, Florida.

According to www.agfax.com, the three-day event provides farmers with information about peanut production, legislative issues, marketing and promotions.

Find out more about the conference and sponsorship opportunities at http://southernpeanutfarmers.org/

www.live-agfax.pantheonsite.io/2022/04/01/southern-peanut-growers-conference-panama-city-beach-fl-july-21-23/

**At last week’s spring conference, U.S. Meat Export

Federation President Dan Halstrom gave attendees a report on first-quarter red meat exports, which were impressive despite mounting economic and logistical challenges.

He’s optimistic that 2022 results will be strong but cautioned inflation pressures are constricting consumer spending power.

Halstrom says, demand for U.S. red meat has been as strong as he’s ever seen it and remarkably resilient, but the question is at what point do inflationary pressures start to constrict disposable income for the global consumer?

**The USDA announced new regulations for the poultry industry that the National Chicken Council isn’t supporting.

NCC President Mike Brown says, “This is a solution looking for a problem.”

“The last thing the administration should be doing is pushing increased regulations, red tape, and costs onto businesses at a time of record inflation and input costs.”

The NCC says this will do nothing to lower food prices, increase competition, or reduce inflation.

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