Milton Impact on Florida Citrus and Weed Robots for Herbicides
From the Ag Information Network, this is your Agribusiness Update.**Bloomberg reports that "oranges and some citrus trees are lying useless on the ground in Florida's groves after Hurricane Milton tore through the state.”
While it wasn't as destructive as feared, Milton arrived just ahead of harvest season, delivering the latest blow to an industry on the verge of a turnaround.
According to USDA’s October survey, harvesters are expected to produce only 15 million boxes of oranges for the 2024-25 season, down about 16% from last year.
www.agrimarketing.com/s/151418
**Farmers are looking to weeding robots as herbicide resistance solution.
A new survey by the Illinois Center for Digital Agriculture finds more than half of corn farmers would adopt weeding robots.
Ag economist Shadi Attallah says the prevalence of herbicide resistance weeds is a major factor.
More than 93% of planted U.S. row crop acres have genetically modified herbicide resistance, but Attallah says the efficacy is declining.
**The October World Agricultural Supply and Demand Estimates Report says the 2024-25 corn outlook is for smaller supplies, larger exports, and reduced ending stocks.
The season-average corn price received by producers is unchanged at $4.10 a bushel.
The outlook for U.S. wheat calls for reduced supplies, larger domestic use, unchanged exports, and lower ending stocks.
The season-average farm price for wheat is unchanged at $5.70 a bushel.