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Mexico Changes Course on Corn and Farmer Sentiment Down
The Agribusiness Update
The incoming government in Mexico will discard a goal of the previous administration to reduce yellow corn imports and achieve self-sufficiency in yellow corn production, and farmer sentiment lowered in June with a Purdue University/CME Group Ag Economy Barometer reading of 105.
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.
NC State & Bezos Earth Fund and AM Radio for Every Vehicle Act
The Agribusiness Update
North Carolina State University was awarded a $30 million grant over five years from the Bezos Earth Fund, andafter several automakers announced last year, they’d removed or planned to remove AM radio from electric vehicles, the AM Radio for
Organic Impact on Conventional Pesticides and Injunction Over Disaster Relief
The Agribusiness Update
California researchers found organic agriculture can increase pesticide use on nearby conventionally farmed fields, and the USDA’s Forest Service is issuing more than $232 million to the Secure Rural Schools Program.
Injunction Over Disaster Payments and Injunction Over Disaster Relief
The Agribusiness Update
The Southeastern Legal Foundation and the Mountain States Legal Foundation filed a preliminary injunction over disaster payments, and the USDA’s Forest Service is issuing more than $232 million to the Secure Rural Schools Program.
Online Grocery Shopping and Farm Numbers Lowest Since Civil War
The Agribusiness Update
USDA data shows nearly 20% of shoppers purchased groceries online in 2022, and the number of farms in the U.S. has fallen below 2 million for the first time since before the Civil War.
Latest WASDE Report and US Pork Exports Value Record
The Agribusiness Update
The February World Agricultural Supply and Demand
Estimates shows the 2023-24 U.S. corn outlook calling for lower food, seed, and industrial use and larger ending stocks, and U.S. pork exports set a value record in 2023.
Read More USDA Invests Renewable Energy and Food Safety for Super Bowl Sunday
The Agribusiness Update
The USDA will invest $207 million in renewable energy and domestic fertilizer projects, and whether delivered or prepared at home, the Food Safety and Inspection Service has plans to protect your Super Bowl Sunday celebration from foodborne illness.
USDA Invests Renewable Energy and Food Safety for Super Bowl Sunday
The Agribusiness Update
The USDA will invest $207 million in renewable energy and domestic fertilizer projects, and whether delivered or prepared at home, the Food Safety and Inspection Service has plans to protect your Super Bowl Sunday celebration from foodborne illness.
Climate Smart Citrus Groves and AFBF Annual Convention
The Agribusiness Update
The California Farm Bureau has received $5 million from the California Department of Food and Ag to implement climate-smart farming practices in citrus groves, and the American Farm Bureau Federation concluded its 2024 Annual Convention setting policy direction for the year.
Climate Smart Citrus Groves and AFBF Annual Convention
The Agribusiness Update
The California Farm Bureau has received $5 million from the California Department of Food and Ag to implement climate-smart farming practices in citrus groves, and the American Farm Bureau Federation concluded its 2024 Annual Convention setting policy direction for the year.
California Braces for Dry Year and SNAP Serves Millions
The Agribusiness Update
California water officials are bracing for another dry year for the Scott and Shasta rivers in Siskiyou County, and USDA's Supplemental Nutrition Assistance Program served an average of 41.1 million people per month across the country.
Organic Cotton Demand Higher and SNAP Serves Millions
The Agribusiness Update
Organic cotton demand is growing but imports inadequate, and USDA's Supplemental Nutrition Assistance Program served an average of 41.1 million people per month across the country.
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.
Organic Fresh Produce Grows and Farmland Ownership Evolving
The Agribusiness Update
For the second quarter in a row, organic fresh produce grew slightly in year-over-year sales and volume, and the landscape of land ownership has evolved over the past 25 years as a generational transfer of ownership takes place.
Organic Fresh Produce Grows and Farmland Ownership Evolving
The Agribusiness Update
For the second quarter in a row, organic fresh produce grew slightly in year-over-year sales and volume, and the landscape of land ownership has evolved over the past 25 years as a generational transfer of ownership takes place.
Latest WASDE Report and American Farmland Trust Awards
The Agribusiness Update
The latest WASDE Report says U.S. corn production is forecast down 70 million to 173 bushels per acre, and American Farmland Trust recently awarded more than $1 million to 110 farmers through the Brighter Future Fund.