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Urban Ag Grant Applications and El Niño to La Niña Year
The Agribusiness Update
The USDA is accepting grant applications to support urban agriculture and innovative production, and the 2024 growing season is expected to see a transition from El Niño to La Niña in late summer through early fall.
California Planting Decisions and U.S. Ag Imports Outpace Exports
The Agribusiness Update
Falling commodity prices, rising production costs and water uncertainty are some of the factors weighing on planting decisions for California farmers this year, and the USDA reports U.S. ag IMPORTS exceeded exports by $16.6 billion in 2023.
American Peanut Council in South Korea and U.S. Ag Imports Outpace Exports
The Agribusiness Update
The American Peanut Council is in South Korea this week as part of the USDA’s agribusiness trade mission, and the USDA reports U.S. ag IMPORTS exceeded exports by $16.6 billion in 2023.
Number of US Wheat Farms Dropping and Beef Exports to Plummet
The Agribusiness Update
The Economic Research Service says the number of U.S. wheat farms has dropped substantially over time, and in 2024, U.S. beef exports are expected to be about 83% lower than 2023.
California Pistachio Record Crop and WASDE Report Relatively Unchanged
The Agribusiness Update
California pistachio growers are searching for potential emerging markets to handle expected record-shattering crops, and the March WASDE Report looks very similar to February’s numbers with the U.S. corn outlook unchanged.
Electrical Issues for California Wine and EU Scraps Pesticide Cuts
The Agribusiness Update
Farmers and vintners in San Joaquin County are expressing concerns over an electrical transmission project they say would bisect farm properties, and the head of the European Commission announced plans to scrap a proposed cutting of EU pesticide use in half following protests.
Florida Ag Policy and Commodity Forum and EU Scraps Pesticide Cuts
The Agribusiness Update
Florida Farm Bureau is excited to offer the second annual Ag Policy and Commodity Forum in Gainesville, and the head of the European Commission announced plans to scrap a proposed cutting of EU pesticide use in half following protests.
California Wolf Funds Run Dry and NASS Data Shows 2% Drop in Cattle
The Agribusiness Update
Less than a year after California implements pilot program to compensate ranchers for livestock losses and economic impacts of wolves, the state runs out of money, and National Ag Statistics Service Cattle report shows a 2% decline in U.S. cattle inventory.
Georgia Peanut Farm Show & Conference and NASS Data Shows 2% Drop in Cattle
The Agribusiness Update
Georgia peanut growers attending the 47th Annual Georgia Peanut Farm Show & Conference at the UGA Tifton Campus had a total immersion in all things peanuts, and National Ag Statistics Service Cattle report shows a 2% decline in U.S. cattle inventory.
California Wolf Funds Run Dry and NASS Data Shows 2% Drop in Cattle
The Agribusiness Update
Less than a year after California implements pilot program to compensate ranchers for livestock losses and economic impacts of wolves, the state runs out of money, and National Ag Statistics Service Cattle report shows a 2% decline in U.S. cattle inventory.
E.U. Tariff Suspension Extended and High Ag Prices Continue in 2024
The Agribusiness Update
USTR Katherine Tai applauds the European Union’s announcement that it’s extending the suspension of tariffs on U.S. goods, and lingering high prices are expected to take a bigger toll on the economy in 2024.
Disaster Relief Legislation and Expect Higher Orange Juice Prices
The Agribusiness Update
California lawmakers introduce legislation to create permanent disaster relief for farmers who lose crop revenue due to unprecedented climate events, and expect higher orange juice prices in the months ahead.
Protecting America's Orchardists and Expect Higher Orange Juice Prices
The Agribusiness Update
Georgia Senator Raphael Warnock introduced the Protecting America’s Orchardists and Nursery Tree Growers Act, and expect higher orange juice prices in the months ahead.
Cattle Inventory Falls
Washington State Farm Bureau Report
Bernt Nelson, American Farm Bureau Federation Economist, says the USDA Cattle Inventory Report showed a larger decline than analysts expected.
Larger California Almond Crop and U.S. Gas Prices Up
The Agribusiness Update
California almond farmers are expected to harvest a slightly larger crop this year, according to a new report from the USDA, and the nation's average gas price increased 2.1 cents last week to $3.55 per gallon with DIESEL was up 2.7 cents at $3.83.
Sun Protection and Port Negotiations Continue
The Agribusiness Update
Farmers and ranchers encouraged to protect themselves from sun damage, and West Coast Port negotiations continue.
California Wildfire Worries and Gas Prices Fall Again
The Agribusiness Update
A winter with more rain and snow than usual hasn't erased California's fears of an aggressive wildfire season, and the average National gas price fall for the third straight week.
California Wildfire Worries and Gas Prices Fall Again
The Agribusiness Update
A winter with more rain and snow than usual hasn't erased California's fears of an aggressive wildfire season, and the average National gas price fall for the third straight week.