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California Grapes Removed and Gas Prices Jump Higher
The Agribusiness Update
A once-in-a-generation downturn in the wine market is reshaping California’s grape growing regions as farmers tear out vines to reflect declining demand, and following a down week, the nation’s average gas price climbed ten cents last week, according to GasBuddy.
Farm Stress Summit Coming Up and Gas Prices Jump Higher
The Agribusiness Update
2024 Farm Stress Summit to look for opportunities to support Georgia’s farm families that promote improved well-being, and following a down week, the nation’s average gas price climbed ten cents last week, according to GasBuddy.
Hilary Hits California Table Grapes and Farm Income Expected Down in 2024
The Agribusiness Update
California table grape growers suffer major crop losses after Tropical Storm Hilary slams vineyards, and U.S. farm income will decline modestly in 2024 and then run at historically high levels in the near term.
Corn Production Varies and Farm Income Expected Down in 2024
The Agribusiness Update
Corn production in Southern states expected to vary, and U.S. farm income will decline modestly in 2024 and then run at historically high levels in the near term.
Farm Real Estate Debt Grows in First Quarter and NASCAR Ethanol Milestone
The Agribusiness Update
Farm Real Estate debt at commercial banks grew modestly in the first quarter, and NASCAR reaches milestone of 20 million miles driven on E15 fuel.