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Reducing Heat Impacts and Ag Trade Deficit Higher
The Agribusiness Update
California farmers are working to reduce impacts of summer heat that’s increased their costs and jeopardized production, and the agricultural trade deficit, the value of exports versus imports, increased in the first eight months of the fiscal year.
Georgia Peanut Commission Photo Contest and Ag Trade Deficit Higher
The Agribusiness Update
The Georgia Peanut Commission is hosting a photo contest through October 1st featuring peanut farms from across the state, and the agricultural trade deficit, the value of exports versus imports, increased in the first eight months of the fiscal year.
2023 AGH Survey Complete and American Ag Exports Down
The Agribusiness Update
The Washington State Department of Agriculture has completed its annual invasive pest survey season and will begin removing northern giant hornet traps, and America’s ag exports in fiscal year 2024 are projected to be down $2.5 billion from the August forecast.
Georgia Peanut Commission Nominations and American Ag Exports Down
The Agribusiness Update
Nominations for two board positions on the Georgia Peanut Commission coming up, and America’s ag exports in fiscal year 2024 are projected to be down $2.5 billion from the August forecast.
Bayer Loses 4th Straight Roundup Suit and Deere Quarterly Sales Down
The Agribusiness Update
Bayer faces a payout of $1.56 billion after a Missouri jury finds in favor of the plaintiffs in fourth straight Roundup lawsuit, and John Deere sales in the fourth quarter fell year-over-year, though the earnings did increase.
Export Projections for 2024
Washington State Farm Bureau Report
Fiscal year 2024 is not looking good for farm exports, already down through 11 months tabulated for fiscal year 2023.
California Wildfire Insurance and Data Shows Few Bright Spots for Export Sales
The Agribusiness Update
The threat of California wildfires pushed insurance rates for farmers exponentially higher, and there are few bright spots in latest USDA weekly export sales numbers, for the week ending May 11th.
New Florida Immigration Law and Data Shows Few Bright Spots for Export Sales
The Agribusiness Update
Is a new immigration law signed by Florida Governor Ron DeSantis creating panic in the state’s ag community, and there are few bright spots in latest USDA weekly export sales numbers, for the week ending May 11th.
Omnibus Lacks Labor Reform
Washington State Farm Bureau Report
The Lame-duck session ends with no funding or reform for H-2A farm guest worker visa program.
American Farm Exports to Drop and EPA Releases RFS Blending Volumes
The Agribusiness Update
American farm exports expected to drop 4% in the current fiscal year, and EPA releases Renewable Fuel Standards blending volumes.
Ag Exports to Take Hit in 2023 and Tariffs on Chinese Imports to Stay
The Agribusiness Update
American ag exports could take a hit for fiscal year 2023, and Trump-era tariffs on Chinese imports to remain in place ... for now.
Ag Exports in FY '22
Washington State Farm Bureau Report
USDA Chief Economist Seth Myer says Ag exports are about to set a bit record this fiscal year.
2023 Ag Exports Take Hit and USDA Meat/Poultry Grants
The Agribusiness Update
American ag exports may take a hit for the 2023 fiscal year, and USDA announces additional $21.9 million for meat and poultry grant program.
SCOTUS to Hear Prop 12 Challenge and Fuel Prices Steady
The Agribusiness Update
The U.S. Supreme Court agrees to hear a Prop 12 Challenge, and fuel prices remain steady with only slight change.
Florida CARES Nominations and Fuel Prices Remain Steady
The Agribusiness Update
The Florida Farm Bureau is accepting applications for the 2022 CARES award, and fuel prices relatively unchanged over past week.
N.C. Right to Farm Act Challenge Dismissed and Phase One with China Ends
The Agribusiness Update
A challenge to North Carolina's "Right to Farm" Act is unanimously dismissed by 3-judge panel, and Phase One Trade Agreement between U.S. and China ends today, December 31st.
FLA-GA-CA Lead H-2A Worker Surge and Beef-Pork Exports on Record Pace
The Agribusiness Update
The number of foreign guestworkers in agriculture continues to climb and is led by Florida, Georgia and California, and Beef and Pork exports on record pace through September.
$248-million Specialty Crop Block Grants and Farmers National Land Sales
The Agribusiness Update
USDA makes $248-million in Specialty Crop Block Grant Program, and Farmers National Company reports record land sales.
Georgia Foundation for Ag Auction and Farmers National Company Land Sales
The Agribusiness Update
The Georgia Foundation for Agriculture's Fall online auction was a huge success, and Farmers National Company reports record land sales.
Ag Exports to Soar in 2022 and Farm Loan Limits Raised October 1st
The Agribusiness Update
USDA's Economic Research Service projects record highs in agricultural exports in 2022, and Farm Loan limits are higher as of October 1st.