Florida Passion Fruit Study and Biggest Corn and Soy Crops Ever
From the Ag Information Network, this is your Agribusiness Update.
**With Florida in peak passion fruit season, researchers are eyeing the sweet tropical fruit as a cash crop.
Ali Sarkhosh, associate professor at the University of
Florida Institute of Food and Agricultural Sciences, tells www.morningagclips.com farmers are able to get $5 per pound for their harvest, but there are challenges.
Sarkhosh and his team are working to improve passion fruit cultivation, which could enhance both the yield and quality across the state.
www.morningagclips.com/uf-ifas-pioneer-techniques-to-boost-passion-fruit-production/
**Fertilizer prices remain higher despite being past the high-demand spring season.
StoneX’s Josh Linville tells AgWeb Dot Com that multiple global factors have kept prices high.
Lower European production is the first reason as skyrocketing natural gas prices have cut EU production by 25%.
China’s restriction on fertilizer exports means the government figured out they can make sure there’s enough for their own people and reduce the domestic price.
**Farmers are on track to harvest some of their biggest corn and soybean crops ever.
The Federal Reserve’s Beige Book says the ongoing decline in commodity prices is putting farm income in questionable territory.
The Beige Book says, “Regional Fed banks in Chicago and Minneapolis say the farm income outlook had weakened in recent months, and agricultural conditions in the Kansas City Fed show farmers faced headwinds from weak crop prices.”
