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Ag Economists on Recession and Bicentennial Beer
The Agribusiness Update
Over half of the 70 surveyed in Farm Journal’s Monthly Survey of Ag Economists believe the U.S. agriculture economy is in a recession, and to celebrate 200 years of diplomatic relations between Brazil and the U.S., the U.S. Embassy and Consulates in Brazil launched the “Bicentennial Beer”.
Dairy Consumption Not All Bad and Distressed Ag Borrowers Assistance
The Agribusiness Update
One of the more well-known consumer trends is a decline in per capita milk consumption, but the news isn’t all bad for dairy, and the USDA launches the Distressed Borrowers Assistance Network, designed to provide support to financially distressed farmers and ranchers.
Colorado River Waters in California and Online Grocery Sales Improve
The Agribusiness Update
California water agencies offer to take less Colorado River waters, and online grocery sales improve in third-quarter.
Florida Lawmakers Call for Disaster Declaration and Online Grocery Sales Improve
The Agribusiness Update
Florida lawmakers call on USDA to declare a disaster area in counties impacted by Hurricane Ian, and online grocery sales improve in third-quarter.