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Farmer Sentiment Up Slightly and Dairy Industry Urges Labor Reform
The Agribusiness Update
Farmer sentiment held steady in September as the Purdue University/CME Group Ag Economy Barometer rose one point to a reading of 126, and the dairy industry addresses urgent labor shortages facing America’s dairy farmers.
Farmer Sentiment Up Slightly and Dairy Industry Urges Labor Reform
The Agribusiness Update
Farmer sentiment held steady in September as the Purdue University/CME Group Ag Economy Barometer rose one point to a reading of 126, and the dairy industry addresses urgent labor shortages facing America’s dairy farmers.
California Table Olive Crop Smaller and Senate Confirms Three USDA Nominees
The Agribusiness Update
California table olive growers are expected to harvest a smaller crop this year, and the Senate confirms three nominees for critical USDA positions.
Net Farm Income-AFBF
Washington State Farm Bureau Report
Net farm income is expected to increase more than 40% from last year. And at first glance, American Farm Bureau Federation President Zippy Duvall says those numbers might give some farmers reason for optimism ... but!
California Almond Crop Shocking and First Case of Screwworm in Human
The Agribusiness Update
On the eve of harvest, the USDA released an unexpectedly high California almond crop forecast of 3 billion pounds, and the Department of Health and Human Services reports the first human case of New World Screwworm in the U.S.
Canada's Economy Improved
Washington State Farm Bureau Report
Several recent economic reports say that, in the first six months of this year, Canada’s economy did better than expected, posting around 2% growth, despite Trump's tariff threats.
Trade Deals for Ag
Washington State Farm Bureau Report
Details are sketchy, but the broad outlines of recent U.S. trade deals show promise for U.S. farm exports and some unexpected gains.
Labor Costs Expected to Rise
Washington State Farm Bureau Report
Labor challenges are among some of the most difficult issues facing farmers, especially for those who use the H-2A program.
More Peanuts - Corn in 2025 and Economic Concerns Growing
The Agribusiness Update
Georgia farmers are expected to plant more peanuts and corn in 2025, while cotton acres are forecast to decline, and a new CoBank report says rapidly worsening expectations in agriculture are elevating economic concerns.
Australian Beef Output Soars and Lowering Egg Prices Act
The Agribusiness Update
Beef output and exports from Australia, the world’s second-largest meat shipper, are expected to set records this year, and Representatives have introduced “The Lowering Egg Prices Act.”
Challenges and Optimism Pt 2
Fruit Grower Report
With a decent 2024 cherry season behind them, Northwest growers are wondering what kinds of challenges they’ll face in this new year.
National FFA Week and NFU Supports Beef Labeling Act
The Agribusiness Update
The National FFA is reminding members of the upcoming National FFA Week, February 15 - 22, and National Farmers Union announced support of the American Beef Labeling Act.
Challenges and Optimism Pt 1
Fruit Grower Report
With a decent 2024 cherry season behind them, Northwest growers are wondering what kinds of challenges they’ll face in this new year.
CattleCon 2025 and Autonomous Harvester Growth
The Agribusiness Update
CattleCon 2025 is coming up, February 4-6 in San Antonio, and it’s not too to make plans to join cattlemen and women for this event, and the autonomous harvester market is expected to record a 12% annual growth rate between 2024 and 2032.
Wolf Drone Pt 2
Washington State Farm Bureau Report
The next big use for drones might be using them to haze wolves that are attacking cattle. In Oregon, the USDA Wildlife Service’s Southwest District Supervisor, Paul Wolf says they really weren’t too sure what to expect.
Wolf Drone Pt 1
Washington State Farm Bureau Report
The next big use for drones might be using them to haze wolves that are attacking cattle. In Oregon, the USDA Wildlife Service’s Southwest District Supervisor, Paul Wolf says they really weren’t too sure what to expect.
Deere Finishes Year Strong and Greer Nominated U.S. Trade Representative
The Agribusiness Update
John Deere finished the year stronger than expected after aggressively cutting production and seeing solid demand for new tractors and precision ag technology, and Jamieson Greer is President-elect Trump’s nominee for U.S. Trade Rep.
Farm Loans Highest in Years and Less Water Used for Irrigation
The Agribusiness Update
Farmers are taking out loans at a rate not seen in years as weakened crop prices weigh on the ag sector, and 2023 Irrigation and Water Management Survey results shows 81 million acre-feet applied in the U.S., below 2018 numbers.
Ag Tractor Sales Down and National 4-H Beyond Ready
The Agribusiness Update
Sales of ag tractors dropped 19% in September compared to September of last year, and the national 4-H program launched Beyond Ready, a nationwide initiative designed to empower ten million young people with skills, resilience, and confidence.
Interest Rate Cuts
Washington State Farm Bureau Report
One commodities expert says the markets seem to anticipate an interest rate cut during the Fed’s September meeting, some shockingly high.