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Indonesia Trade Talks and Ag Trade Deficit Forecast
The Agribusiness Update
A tariff and trade deal between Indonesia and the U.S., on the brink of collapse last month, now appears to have been resolved, and the USDA is forecasting the agricultural trade deficit will shrink in 2026 more than previously anticipated.
Florida Orange Forecast and Tariff Relief Package Discussed
The Agribusiness Update
The forecast for all U.S. oranges for the 2024-25 season is 2.46 million tons, up 2% from the previous forecast but down 8% from last year, and the White House and congressional lawmakers have begun discussing a tariff relief package to deal with the potential economic repercussions.
NPPC Critical of Dietary Guidelines and Dairy Production Down in February
The Agribusiness Update
The National Pork Producers Council expressed serious concerns about the 2025 Dietary Guidelines Advisory Committee’s so-called “scientific” report, and a slight drop in dairy production led to varied prices in February.
Cow Fart Tax
Washington State Farm Bureau Report
Just when you thought the state government had thought of every way to separate you from your pocketbook, look out!
Democrats in Olympia have proposed a new bill that could tax … get this, the flatulence from cows.
Read More 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.
Potato Markets Strong Pt 2
Washington State Farm Bureau Report
The availability of U.S. potatoes has rebounded strongly from a down year in 2022 to a strong crop in 2023.
Potato Markets Strong Pt 1
Washington State Farm Bureau Report
The availability of U.S. potatoes has rebounded strongly from a down year in 2022 to a strong crop in 2023.
Current Cattle Inventory
Land & Livestock Report
Calves born during the first half of 2023 are estimated at 24.8 million head, down 2%
Black Sea Grain Stopped
Washington State Farm Bureau Report
Russia’s halting the Black Sea Grain deal again threatens global food and fertilizer prices, as the war in Ukraine grinds on.
Cherries Running Late and GOP House Ag Appropriations Cuts
The Agribusiness Update
Cherries are coming on later thanks to cooler than normal weather, and GOP House Appropriations Subcommittee release bill with a lot more cuts than many would like.
Feral Swine Eradication Act and GOP House Ag Appropriations Cuts
The Agribusiness Update
Lawmakers in Alabama and elsewhere introduce the Feral Swine Eradication Act, and GOP House Appropriations Subcommittee release bill with a lot more cuts than many would like.
Cotton Forecast Rises and USTR on Corn Dispute with Mexico
The Agribusiness Update
U.S. cotton production is forecast to rise 2% from previous forecast, and House members call on USTR for help resolving dispute with Mexico over biotech corn.
APHIS Potato Wart Report Pt 2
Washington State Farm Bureau Report
A new report from the USDA's Animal Plant Health Inspection Service on the potato wart infestation on Canada's Prince Edward Island is out and confirms earlier concerns.
APHIS Potato Wart Report Pt 1
Washington State Farm Bureau Report
A new report from the USDA's Animal Plant Health Inspection Service on the potato wart infestation on Canada's Prince Edward Island is out and confirms earlier concerns.
Ag Economy Barometer Down and Global Hunger Grows
The Agribusiness Update
The Purdue University/CME Group Ag Economy Barometer again lower in June, and United Nation's report shows global hunger rose in 2021.
WOTUS Worries Pt 2
Washington State Farm Bureau Report
U.S. Representative Dan Newhouse (R-WA) is leading a call for the EPA and Biden Administration to drop plans for revising Waters of the U.S. rules.
WOTUS Worries Pt 1
Washington State Farm Bureau Report
U.S. Representative Dan Newhouse (R-WA) is leading a call for the EPA and Biden Administration to drop plans for revising Waters of the U.S. rules.
U.S. Beef Exports Top Previous Records and Connect Unserved Americans Act
The Agribusiness Update
U.S. beef exports greatly exceed previous volume and value records in 2021, and a group of Ag-state lawmakers introduce Connect Unserved Americans Act.