California Ag Today
Welcome back to our miniseries on Artificial Intelligence. Senate Ag Committee Chair Debbie Stabenow says as the USDA looks into this technology, American leaders needs to recognize the significant risk it imposes and show caution with implementing it.
The Agribusiness Update
Ag Secretary Tom Vilsack says USDA is making investments to strengthen American food and agriculture supply chains, expand markets for producers, and lower food costs, and In the past decade, the world’s ag output grew at an average annual rate of 1.94%, down from 2.74% in the past decade.
California Tree Nut Report
Line on Agriculture
The US and China Phase One Economic and Trade Agreement is working, according to the US Meat Export Federation.
Feeder Cattle continue to rebound, up $10 in the last 2 trading days.
Southeast Regional Ag News
The U.S. cattle herd is the smallest it’s been in a long time. Lance Zimmerman, senior beef and cattle market analyst for Rabobank, says producers are still contracting their herd sizes.