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Trade Deficit Record Pt 2
Washington State Farm Bureau Report
USDA is projecting a record trade deficit next year at a time of sharply declining commodity prices.
Trade Deficit Record Pt 1
Washington State Farm Bureau Report
USDA is projecting a record trade deficit next year at a time of sharply declining commodity prices.
Soybean Yield Record Shattered and Food Price Index Up Slightly
The Agribusiness Update
Georgia soybean grower Alex Harrell has shattered the world record YIELD for soybeans AGAIN, and the Food Price Index increased 0.2% in July, as it did in June.
Just Over Here, Setting World Records...
Southeast Regional Ag News
Southwest Georgia farmer Alex Harrell has now surpassed his own world record soybean harvest. Now, he’s a back-to-back yield champ, growing the highest-yielding soybeans in agriculture history
Record High Corn Yield and WASDE Report for July
The Agribusiness Update
The AVERAGE corn yield is forecast at record high 183.1 bushels per acre, up 5.8 bushels from last year, and the 2024-25 WASDE report calls for larger corn supplies, lower domestic use, greater exports, and smaller ending stocks.
Heat Slows Tomatoes and FFA Membership Record
The Agribusiness Update
With searing heat impacting pollination for some plantings and harvest for others, California processing tomato growers say they’re anticipating average yields at best, and the National FFA has reached a record-breaking milestone of more than one million members, up 8.6% from last year.
Hurricane Debby Impact Survey and FFA Membership Record
The Agribusiness Update
Florida’s Ag sector is being asked to share any adverse effect impacts of Hurricane Debby, and the National FFA has reached a record-breaking milestone of more than one million members, up 8.6% from last year.
California Almond Crop Estimates and USDA Farm to School Grants
The Agribusiness Update
California growers are expected to harvest 2.8 billion meat pounds of almonds this year, 13% more than last year, and Ag Secretary Tom Vilsack says USDA is awarding a record-breaking $14.3 million in Farm to School Grants.
National Blueberry Month and USDA Farm to School Grants
The Agribusiness Update
As we celebrate National Blueberry Month, a University of Florida dietitian says the fruit could be called “power berries”, and Ag Secretary Tom Vilsack says USDA is awarding a record-breaking $14.3 million in Farm to School Grants.
California Avocados Ramp Up and July 4th BBQ Price Hits New Record
The Agribusiness Update
With the supply of Mexican avocados tapering off and prices rising, California growers have ramped up harvest, and Rabobank’s 2024 July 4th Barbecue Index reached an unprecedented level this year.
Georgia Peanut Tour in September and July 4th BBQ Price Hits New Record
The Agribusiness Update
The thirty-sixth annual Georgia Peanut Tour will be held September 17-19 in and around Americus, Georgia, and Rabobank’s 2024 July 4th Barbecue Index reached an unprecedented level this year.
Ag Trade Deficit Grows and Black-operated Farms Hit Record Acreage
The Agribusiness Update
After decades of substantial U.S. agricultural trade SURPLUSES, staggering ag trade DEFICITS over the past two years have caught the nation's attention, and the average size of Black or African-American-operated farms reached a record high of 163 acres in 2022.
Dairy Cow Testing Numbers and Ag Trade Deficit Forecast Higher
The Agribusiness Update
Federal authorities have conducted tests on beef tissue from 96 cull dairy cows with 95 testing negative, and the U.S. ag trade deficit is projected to increase again to $32 billion, a $1.5 billion increase from February’s projection.
Regenerative Cotton Fund and Ag Trade Deficit Forecast Higher
The Agribusiness Update
A nationwide partnership led by the Soil Health Institute’s Regenerative Cotton Fund is creating opportunities for sustainable cotton farming, and the U.S. ag trade deficit is projected to increase again to $32 billion, a $1.5 billion increase from February’s projection.
Ag Trade Under Biden
Washington State Farm Bureau Report
Many stakeholders in U.S. agriculture are pushing for more overseas trade opportunities and Iowa Senator Joni Ernst is one of those who says it’s time to open up more markets for American ag products.
California Almond Crop Estimates and North American Cattlemen Meet
The Agribusiness Update
California’s 2024 almond crop is expected to come in at 3 billion pounds, which would make it the second-largest crop on record, and the National Cattlemen’s Beef Association partner with their Canadian and Mexican counterparts.
California Big Rig Rules and Certified Organic Record
The Agribusiness Update
California fleet owners are scrambling to comply with new rules to limit emissions from diesel-powered big rigs and other heavy-duty vehicles, and U.S. sales of certified organic products in 2023 reached a new record.
Georgia Peaches On Track and Certified Organic Record
The Agribusiness Update
Georgia Peaches are making a big comeback after last year's disaster, and U.S. sales of certified organic products in 2023 reached a new record.
Reverse Discontinued NASS Reports and Farmer Sentiment Down
The Agribusiness Update
A bipartisan group of 70 Representatives and Senators are calling on Ag Secretary Tom Vilsack to REVERSE the USDA’s decision to cancel or discontinue several NASS reports, and farmer sentiment dropped 15 points in April to a reading of 99, according to the Purdue University/CME Group Ag Economy Barometer.
Reverse Discontinued NASS Reports and Farmer Sentiment Down
The Agribusiness Update
A bipartisan group of 70 Representatives and Senators are calling on Ag Secretary Tom Vilsack to REVERSE the USDA’s decision to cancel or discontinue several NASS reports, and farmer sentiment dropped 15 points in April to a reading of 99, according to the Purdue University/CME Group Ag Economy Barometer.