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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.
Cotton Forecasts Higher and Mexico Tomato Dumping
The Agribusiness Update
USDA’s 2024-25 forecast for global cotton production is down slightly month-over-month but a 7% increase from last year and the highest since 2017-18, and Court of International Trade confirmed findings that Mexican companies dumped tomatoes into the U.S. market at significant margins.
Rollins Nominated for Ag Secretary and Reactions to Tariff Threats
The Agribusiness Update
President-elect Trump has nominated former White House aide Brooke Rollins to be his Secretary of Agriculture, and officials in China, Mexico and Canada are criticizing a pledge by President-elect Trump to impose new tariffs on the nation’s largest trading partners.
Milk Production Down Slightly and China Edges Mexico as Top Export Market
The Agribusiness Update
USDA says milk production in the 24 largest producing states fell slightly year-over-year in July, and China was less than $500 million ahead of Mexico as the leading customer for U.S. food and ag exports in final months of the fiscal year.
Milk Production Down Slightly and China Edges Mexico as Top Export Market
The Agribusiness Update
USDA says milk production in the 24 largest producing states fell slightly year-over-year in July, and China was less than $500 million ahead of Mexico as the leading customer for U.S. food and ag exports in final months of the fiscal year.
Cherry Estimates from USDA
Fruit Grower Report
U.S. sweet cherry production for this year is forecast at 355,000 tons, up slightly from last year according to the USDA's Lance Honig.
New High for Crop Insurance and Food Price Index Up Slightly
The Agribusiness Update
For the first time, farmers and ranchers bought crop insurance policies on more than 500 million acres last year, and the U.N. Food and Agricultural Organization’s Food Price Index stood at 120.4 points in May, up 0.9% from its April level.
New High for Crop Insurance and Food Price Index Up Slightly
The Agribusiness Update
For the first time, farmers and ranchers bought crop insurance policies on more than 500 million acres last year, and the U.N. Food and Agricultural Organization’s Food Price Index stood at 120.4 points in May, up 0.9% from its April level.
Cattle Numbers Down in April and FFA Students Named U.S. Presidential Scholars
The Agribusiness Update
The latest Cattle on Feed report shows the U.S. herd dropped slightly in April, and seven FFA students have been named U.S. Presidential Scholars.
Livestock Auctions Scramble and American Farmers Get Older & Younger
The Agribusiness Update
Efforts to understand and curb the spread of avian influenza in dairy cows have livestock auction yards in a scramble, and Farmdoc Daily says the 2022 Census of Agriculture confirms U.S. farmers continue getting older, but relative to the rest of the population, American farmers are slightly younger.
Florida Bird Flu Steps and American Farmers Get Older & Younger
The Agribusiness Update
The Florida Department of Agriculture is taking proactive measures to help protect Florida livestock from bird flu, and Farmdoc Daily says the 2022 Census of Agriculture confirms U.S. farmers continue getting older, but relative to the rest of the population, American farmers are slightly younger.
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.
Processing Tomato Acreage Down and Trade Mission to South Korea
The Agribusiness Update
California farmers are scaling down their processing tomato acreage this year with boosted inventory, and representatives from 49 U.S. organizations will join the USDA’s agribusiness trade mission to Seoul, South Korea.
Georgia Farm Bureau Farm Passport and Trade Mission to South Korea
The Agribusiness Update
2024 Georgia Farm Bureau Farm Passport, and representatives from 49 U.S. organizations will join the USDA’s agribusiness trade mission to Seoul, South Korea.
World Ag Expo Draws Masses and Tractor Sales Data In
The Agribusiness Update
The World Ag Expo, the largest outdoor farm trade show on the planet, lured throngs of attendees eager to see the latest in ag technology, and January unit sales of four-wheel-drive tractors grew slightly in the U.S.
UGA Groundbreaking for Ag Research and Tractor Sales Data In
The Agribusiness Update
UGA breaks ground for new ag research facility at the Tifton campus, and January unit sales of four-wheel-drive tractors grew slightly in the U.S.
Grocery Prices Up Slightly and Bird Flu Vaccine Coming
The Agribusiness Update
Grocery prices increased slightly last month, according to the latest Consumer Price Index, and Ag Secretary Tom Vilsack says a U.S. vaccine for bird flu is coming.
Drip Irrigation Saves Water and UN May Skip Ag on Climate Adaptation
The Agribusiness Update
Desert lettuce growers may be able to save more than 10 inches of water by converting to shallow, buried drip irrigation, and, negotiators at the UN climate summit may skip over food and agriculture while assembling a final statement on climate adaptation.