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Market Line Report for Friday, December 13th
Market Line
Grain markets were back up in Thursdays trade, in some cases making up for the losses seen on Wednesday.
Mexican Tomato Suspension and Cal Wine Grape Harvest
The Agribusiness Update
Mexican tomato suspension remains in effect, and California wine grape harvest late but still good.
ASF Forum in Mexico and California Fire Damage
The Agribusiness Update
National Pork Producers Council attends African Swine Fever forum in Mexico, and it will take some time to assess wildfire damage in California.
U.S. Dairy Thanks Trump for EU Trade Tariffs
Land & Livestock Report
U.S. Dairy Thanks Trump for EU Trade Tariffs
U.S. Beef Exports Off Slightly and California Almond Growers
The Agribusiness Update
U.S. Beef exports down slightly from last year's record, and California Almond Growers to continue federal marketing order.
Dairy Margin Coverage Payments Top $300 Million
Land & Livestock Report
Dairy Margin Coverage Payments Top $300 Million
H-2A Changes and Ag Secretaries Urge USMCA Passage
The Agribusiness Update
Ag Secretary Sonny Perdue announces significant DOL and H-2A changes, and All former U.S. Ag Secretaries urge quick ratification of the USMCA.
U.S. Red Meat to SE Asia and China Buys U.S. Pork
The Agribusiness Update
Southeast Asia is looking to be promising market for U.S. red meat producers, and China continues buying U.S. pork.
China Fruit Tariffs and Hemp Insurance
The Agribusiness Update
U.S. Fruit growers hit with Chinese tariffs, and USDA announces insurance for hemp growers.
National Milk Producers Voice Grows
Farm and Ranch Report
National Milk Producers Voice Grows
WASDE Changes Few and Ag Loans Down
The Agribusiness Update
Crop production and WASDE reports out with few revisions, and Chase and other banks getting out of agriculture lending.
NZ Robotic Apple Packer and AFS in China Just Beginning
The Agribusiness Update
Robotics Plus of New Zealand has robotic apple packer that's winning big awards, and African Swine Fever in China may just be getting started.
Milk Markets Rally and Montana Cattle Losses
The Agribusiness Update
Milk markets rally to upside and Montana ranchers lose 37,000 head to weather.
National Milk Producers Voice Grows
Farm and Ranch Report
National Milk Producers Voice Grows
New Dairy Margin Coverage Signup Underway
Land & Livestock Report
New Dairy Margin Coverage Signup Underway
Ag Labor Wages Up and Ag Urges USMCA Passage
The Agribusiness Update
The shortage of ag labor is pushing up wages and benefits, and nearly 1,000 ag companies push for quick ratification of the USMCA.
NMPF Welcomes Second-Largest U.S. Dairy Co-op into Membership
Land & Livestock Report
NMPF Welcomes Second-Largest U.S. Dairy Co-op into Membership
Global Dairy Industry Celebrates World Milk Day
Land & Livestock Report
Global Dairy Industry Celebrates World Milk Day
Tariff Hike on China and WASDE Estimates Bullish
The Agribusiness Update
Tariffs hiked on several Chinese ag products, and WASDE estimates bullish for dairy.
Dairy's ASF Impact on Milk and EPA Biofuels Increase
The Agribusiness Update
The dairy industry watches China's African Swine Fever for import on milk prices, and EPA proposes increased biofuels blend in 2020.