Florida Hurricane Disaster Relief and Chicken Wing Sunday Super Bowl
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**Florida Ag Commissioner Wilton Simpson announced the approval of the first Hurricane Idalia recovery loan through the Florida Department of Agriculture and the Aquaculture Producers Natural Disaster Recovery Loan Program.
The Florida Department of Agriculture reports Commissioner
Simpson and legislative leaders announced the launch of two first-of-their-kind agricultural disaster recovery programs with over $112 million in funding to help Florida farmers, ranchers, and growers rebuild and recover from Hurricane Idalia.
**According to the National Chicken Council’s 2024 Wing Report, Americans will devour 1.45 billion wings while watching Kansas City and San Francisco battle in the Super Bowl.
Compared to last year, this year’s projection is flat, with USDA reporting chicken production levels down slightly and wing stocks in cold storage down 13% in November.
Retail fresh chicken wing prices are down approximately 5%, and frozen wing prices are down 11%.
**A new analysis from USDA’s Economic Research Service shows Livestock Forage Disaster Program payments are concentrated in the Western and Central United States.
Between 2008 and 2022, the program disbursed more than $12 billion of payments to livestock producers.
Counties with the largest aggregate payments per 1,000 head are concentrated primarily in the Western, Southern, and Central United States.
About 20% of the continental United States received no LFP payments.
