Georgia Cotton Production Higher and Animal Product Exports Down
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**Georgia cotton production is expected to increase in 2022, but Georgia’s other major crops may decline according to the USDA’s August Crop Production Report.
The cotton forecast, at 2.3 million bales, is up 4% from 2021.
Corn for grain is forecast at 64.7 million bushels, down 20% from last year.
Peanuts at 3.26 billion pounds, are down 2%.
Georgia soybeans, at 5.5 million bushels, is down 11%.
And peaches, at 26,000 tons, are down 26%.
www.gfb.org/media-and-publications/news.cms/2022/1322/ga--cotton-growers-expected-to-increase-production--other-crops-decline
**The USDA announced another phase of assistance to commodity and specialty crop producers impacted by natural disasters in 2020 and 21.
Over 18,000 producers will soon be mailed new or updated pre-filled disaster applications to offset eligible crop losses.
About $6.4 billion has already reached 165,000 producers through the Farm Service Agency’s Emergency Relief Program.
**U.S. export numbers of some animal products in the first half of 2022 were down compared to the first half of last year.
Egg and turkey exports, down 38 and 20%, respectively, were hurt by the outbreak of Bird Flu.
Egg exports, down 38%, saw significant decreases in major markets like Mexico, Japan, and Hong Kong.
Turkey exports to Mexico, one of the top destinations, was down 18%.
Pork exports were down 18% due to weaker Asian demand.
