California Signs of Improvement and El Nino Forecast Official
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**The outlook for California’s agricultural economy shows some signs of improvement after recent supply-chain constraints, high input costs and a multiyear drought that forced farmers to fallow acres and remove orchards.
Economic analyst, David Magaña of Rabobank told a food and ag issues summit in Sacramento, drenching storms that hit the state this year turned the tide, contributing to a more positive outlook for agriculture.
**It’s been forecasted for months, and now, in the National Oceanic and Atmospheric Administration's monthly outlook, forecasters issued an El Niño Advisory.
www.agrimarketing.com reports, the climate phenomenon occurs every two to seven years on average.
Typically, moderate to strong El Niño conditions during the fall and winter result in wetter-than-average conditions from southern California up the Gulf Coast and drier-than-average conditions in the Pacific Northwest and Ohio Valley.
www.agrimarketing.com/s/145590
**The USDA will accept more than 1 million acres of the land offered for entry into the land-idling Conservation Reserve during the recent signup for large tracts of land.
Ag Secretary Tom Vilsack tells www.agriculture.com, contracts expire on 2 million acres in the reserve this fall and enrollment of 23 million acres is well below the ceiling of 27 million.
Landowners offered 1.2 million acres during the general signup that ended April 7.
www.agriculture.com/news/business/usda-accepts-more-than-1-million-acres-for-conservation-reserve
