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Estimated Half-Trillion in Hurricane Damage and ACI Backs AM for Every Vehicle Act
The Agribusiness Update
AccuWeather estimates the five hurricanes and one unnamed tropical storm caused an estimated $500 billion in total damages, and American Consumers Institute is the latest to voice strong support for the bipartisan AM Radio for Every Vehicle Act.
National Peanut Board Meeting and ACI Backs AM for Every Vehicle Act
The Agribusiness Update
The National Peanut Board will hold its tri-annual board meeting in conjunction with the American Peanut Council’s Winter Conference next week in Atlanta, and American Consumers Institute is the latest to voice strong support for the bipartisan AM Radio for Every Vehicle Act.
Southeast Hurricane Assesments and Dominican Swine Fever Boosts U.S. Pork Exports
The Agribusiness Update
Federal officials testified before the Senate Appropriations Committee on how they’re dealing with disasters, and U.S. pork exports to the Dominican Republic could reach a record high as African Swine Fever outbreaks continue across the country.
Georgia Forestry Emergency Assistance and USDA Future Farm Expenses
The Agribusiness Update
Emergency assistance for landowners impacted by Hurricane Helene is being rolled out by the Georgia Forestry Commission, and the USDA’s Farm Labor Report, released November 20, offers a glimpse into the future of farm expenses.
$500 Billion in Hurricane Damage
Southeast Regional Ag News
As the record-shattering hurricane season ends, AccuWeather experts estimate that the five hurricanes and one unnamed tropical storm that made landfall in the U.S. caused an estimated $500 billion in total damage and economic loss.
Disaster Relief for Hurricane Victims and Generic Pesticides Cheaper
The Agribusiness Update
White House asking for $98.6 billion in emergency disaster relief funding following multiple hurricanes this fall, and Struggling U.S. farmers have been switching to cheaper generic pesticides and fungicides.
Hurricane Helene Losses and H5N1 in Dairy Workers
The Agribusiness Update
Ag production losses Florida experienced from Hurricane Helene have now been estimated between $40.3 million and $162.2 million, and a new study recently showed some dairy workers had signs of H5N1 infection even when they didn’t report feeling sick.
Farmers Helping Farmers in Georgia
Southeast Regional Ag News
The Weathered But Strong: Georgia Hurricane Relief Fund is now accepting applications to provide financial assistance to farmers impacted by Hurricane Helene. This relief fund was established by the Georgia Department of Agriculture in partnership with the Georgia Foundation for Agriculture. More than 40 agricultural partners have joined the effort.
As Much as $162.2M in Ag Damage from Helene
Southeast Regional Ag News
Florida farmers are still tallying up the losses after Hurricane Helene, with estimates ranging from $40.3 million to as high as $162.2 million. That’s according to a preliminary report from the University of Florida.
Hurricanes Leave Mental Health Crisis and Income Spent on Food Steady
The Agribusiness Update
The devastation left by Hurricane Helene has intensified an ongoing mental health crisis in rural communities, where stress weighs heavier than ever, and in 2023, U.S. consumers spent an average of 11.2% of their disposable personal income on food, consistent with 2022
Southeast Farm Economy Hit Hard and Oregon Pig has H5N1
The Agribusiness Update
While the farm economy seems to have stabilized in the Midwest and Northern Plains, it weakened in the rest of the U.S. this fall, and a pig in Oregon is the first in the U.S. to test positive for the H5N1 bird flu virus.
$8M Loss for One Company from One Hurricane
Southeast Regional Ag News
That is the reality now being reported by Pilgrim’s Pride, an American, multi-national food company who is one of the world’s largest poultry producers.
1/3 of Georgia Cotton Lost to Helene and H5N1 Dairy Resilience
The Agribusiness Update
The state of Georgia lost 32.6% of its cotton crop in response to Hurricane Helene, and dairy farmers are staying resilient in the face of H5N1 influenza outbreaks.
AgGeorgia Farm Credit Hurricane Response and Irrigated Cropland Acres Down
The Agribusiness Update
AgGeorgia Farm Credit has announced its response to Hurricane Helene’s historic damage inflicted across Georgia, and the latest USDA Census of Agriculture data shows just under 55 million acres of U.S. cropland was irrigated in 2022, the lowest since 1992.
USDA Hurricane Relief Starts Kicking In
Southeast Regional Ag News
The USDA is stepping in this week to support farmers and livestock producers affected by natural disasters. Over $143 million in crop insurance payments is headed to Florida producers impacted by Hurricane Milton, while another $92 million will go to livestock producers across the country.
Hurricane Assistance and More ReConnect Projects
The Agribusiness Update
Ag Secretary Tom Vilsack announced additional assistance to help producers impacted by Hurricane Helene in their recovery process, and USDA announces nearly $173 million to connect rural residents, farmers, and business owners to high-speed internet.
A Hurricane-Sized Swing at Strawberries
Southeast Regional Ag News
Danny Munch, American Farm Bureau economist, tells that 99% of Florida's strawberry acreage is in the counties within Hurricane Milton's path.
Hurricane Assistance and More ReConnect Projects
The Agribusiness Update
Ag Secretary Tom Vilsack announced additional assistance to help producers impacted by Hurricane Helene in their recovery process, and USDA announces nearly $173 million to connect rural residents, farmers, and business owners to high-speed internet.
Hurricane Assistance and More ReConnect Projects
The Agribusiness Update
Ag Secretary Tom Vilsack announced additional assistance to help producers impacted by Hurricane Helene in their recovery process, and USDA announces nearly $173 million to connect rural residents, farmers, and business owners to high-speed internet.
A Potential $1.6B Loss for Florida Vegetable Producers
Southeast Regional Ag News
"Vegetable production is the largest agricultural sector in those counties impacted by Hurricane Milton," says AFBF economist Danny Munch.