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Kennedy for HHS and October Consumer Price Index Mixed
The Agribusiness Update
President-elect Trump has nominated Robert F. Kennedy Jr. to lead the Department of Health and Human Services, and October's Consumer Price Index numbers for food-at-home show that prices increased just 0.1% for the month and fell to 1.1% year over year.
Kennedy for HHS and October Consumer Price Index Mixed
The Agribusiness Update
President-elect Trump has nominated Robert F. Kennedy Jr. to lead the Department of Health and Human Services, and October's Consumer Price Index numbers for food-at-home show that prices increased just 0.1% for the month and fell to 1.1% year over year.
Farmers Getting Squeezed Out and Food Price Index Up Slightly
The Agribusiness Update
With some of the state’s major ag commodities struggling and farmers and ranchers facing increasing pressures, and California farmers say the industry will continue to lose farms, and the Food Price Index increased 0.2% in July, as it did in June.
Farmers Getting Squeezed Out and Food Price Index Up Slightly
The Agribusiness Update
With some of the state’s major ag commodities struggling and farmers and ranchers facing increasing pressures, and California farmers say the industry will continue to lose farms, and the Food Price Index increased 0.2% in July, as it did in June.
Soybean Yield Record Shattered and Food Price Index Up Slightly
The Agribusiness Update
Georgia soybean grower Alex Harrell has shattered the world record YIELD for soybeans AGAIN, and the Food Price Index increased 0.2% in July, as it did in June.
Farmers Getting Squeezed Out and Food Price Index Up Slightly
The Agribusiness Update
With some of the state’s major ag commodities struggling and farmers and ranchers facing increasing pressures, and California farmers say the industry will continue to lose farms, and the Food Price Index increased 0.2% in July, as it did in June.
Farmers Getting Squeezed Out and Food Price Index Up Slightly
The Agribusiness Update
With some of the state’s major ag commodities struggling and farmers and ranchers facing increasing pressures, and California farmers say the industry will continue to lose farms, and the Food Price Index increased 0.2% in July, as it did in June.
Farm Real Estate Values Up and Ag Economy Barometer Higher
The Agribusiness Update
USDA says the value of all farm real estate increased 5% compared to last year, and all three broad-based measures of farmer sentiment improved in the July Purdue University/CME Group Ag Economy Barometer.
Complex Competition Issues and Grain Council Report Down
The Agribusiness Update
The USDA announced the next steps in addressing the complex competition issues in ag markets and creating a fairer playing field for poultry growers and farmers, and the International Grains Council released its Market Report that shows a reduction in the forecast for world grains production.
California Big Rig Rules and Certified Organic Record
The Agribusiness Update
California fleet owners are scrambling to comply with new rules to limit emissions from diesel-powered big rigs and other heavy-duty vehicles, and U.S. sales of certified organic products in 2023 reached a new record.
Georgia Peaches On Track and Certified Organic Record
The Agribusiness Update
Georgia Peaches are making a big comeback after last year's disaster, and U.S. sales of certified organic products in 2023 reached a new record.
Blueberries Partner with Pickleball and Beef Exports Down
The Agribusiness Update
As pickleball’s popularity soars, the U.S. Highbush Blueberry Council announced its partnership with “Major League Pickleball” for their 2024 season, and U.S. Meat Export Federation data shows beef exports below last March’s large volume, but the highest since last June.
Orange Forecast Down and Beef Exports Down
The Agribusiness Update
The Florida all orange forecast, at 17.8 million boxes, 801,000 tons, is down 5% from the previous forecast but up 13% from last season, and U.S. Meat Export Federation data shows beef exports below last March’s large volume, but the highest since last June.
California Snowpack & Reservoirs Improved and Gas Prices Up Again
The Agribusiness Update
California’s snowpack has reached 110% of its seasonal average, up from 28% of average on January 1, and gas prices resumed their climb, rising 6.5 cents compared to a week ago at $3.57 per gallon.
California Snowpack & Reservoirs Improved and Gas Prices Up Again
The Agribusiness Update
California’s snowpack has reached 110% of its seasonal average, up from 28% of average on January 1, and gas prices resumed their climb, rising 6.5 cents compared to a week ago at $3.57 per gallon.
Georgia Forestry Revenue Up and Gas Prices Up Again
The Agribusiness Update
For the 13th consecutive year, a Georgia Institute of Technology study shows an increase in revenue generated by Georgia’s forest industry, and gas prices resumed their climb, rising 6.5 cents compared to a week ago at $3.57 per gallon.
Better Water for California and Baltimore Bridge Impact on Agriculture
The Agribusiness Update
Better snowpack and reservoir levels means more water for California agriculture, and the container ship that recently slammed into Baltimore’s Francis Scott Key Bridge will have an impact on American agriculture.
Better Water for California and Baltimore Bridge Impact on Agriculture
The Agribusiness Update
Better snowpack and reservoir levels means more water for California agriculture, and the container ship that recently slammed into Baltimore’s Francis Scott Key Bridge will have an impact on American agriculture.
Florida Most Citrus Acres and Baltimore Bridge Impact on Agriculture
The Agribusiness Update
The Sunshine State still has the most citrus acres in the United States, and the container ship that recently slammed into Baltimore’s Francis Scott Key Bridge will have an impact on American agriculture.
Farm Share of Food Dollars and Grocery Prices Hold Steady
The Agribusiness Update
In 2022, farms received 24.1 cents for each dollar spent on food at home and 3.6 cents for each dollar spent on food away from home, and grocery prices held steady in the February Consumer Price Index by the Department of Labor.