GA's First Vegetable Cold Storage and WASDE Report for July
From the Ag Information Network, this is your Agribusiness Update.
**Fort Valley State University broke ground for a new vegetable cold storage facility on its Peach County campus.
According to Fort Valley Extension Director Dr. Mark Latimore, the facility will be the first of its kind in Georgia and will offer processing and short-term storage for farmers.
Latimore tells www.gfb.org the university is considering a fee-based revenue structure to cover the cost of services, similar to their meat processing facility.
www.gfb.org/news/ag-news/post/fort-valley-state-university-breaks-ground-on-vegetable-cold-storage-facility
**The 2024-25 WASDE report calls for larger corn supplies, lower domestic use, greater exports, and smaller ending stocks.
Corn production is forecast at 15.1 billion bushels, 47 million higher than last month.
Ending stocks are forecast down 24 million bushels to 2.1 billion.
The season-average corn price dropped a dime to $4.20 a bushel.
The wheat outlook is for lower supplies, slightly higher domestic use, unchanged exports, and smaller ending stocks.
**The National Milk Producers Federation and U.S. Dairy Export Council are asking the government to leverage all available tools if Colombia implements countervailing tariffs on U.S. milk powder exports.
They made the request in a letter to U.S. Trade Representative Katherine Tai and Ag Secretary Tom Vilsack.
They say Colombia’s recent decision to initiate an unwarranted Subsidies and Countervailing Measures investigation into U.S. milk powder exports is a tariff threat without merit.
