North Carolina Ag Damage Estimates and Wholesale Egg Prices Soar

North Carolina Ag Damage Estimates and Wholesale Egg Prices Soar

Bob Larson
Bob Larson
From the Ag Information Network, this is your Agribusiness Update.

**North Carolina Ag Commissioner Steve Troxler says they’re getting a clearer picture of the damage to the state’s ag industry from summer drought and fall flooding.

Troxler and members of various farm commodity groups told state lawmakers North Carolina needs relief, with farm damage estimates upwards of $5 billion.

Troxler says he's also looking to see how much aid may be coming from the federal government.

**Shoppers were buying more eggs to bake Christmas treats ahead of the holidays at the same time U.S. wholesale egg prices were up 150% from last year.

Reuters says the average retail price of a dozen eggs surpassed $3.60 in November, $2.50 higher than the prices last January.

Retailers didn’t want to push shoppers away during the busy holiday season with higher prices, but price hikes could come in the new year.

**In a major win for the nation’s corn growers, a USMCA dispute panel ruled that Mexico violated its commitments under the U.S.-Mexico-Canada Agreement.

The violation took place in early 2023 when Mexico issued a decree banning genetically modified corn imports.

National Corn Growers Association president, Kenneth Hartman, Jr. says the outcome is a direct result of advocacy efforts of corn leaders across the country.

The U.S. Grains Council also hailed the good news.

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