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Low Crop Profit Margins
Idaho Ag Today
Falling crop prices, shrinking profit margins or no profits at all.
Beef and Pork Exports Higher and Proposed ESA Listing for Monarch Butterfly
The Agribusiness Update
U.S. beef and pork exports posted year-over-year increases in October, and the U.S. Fish and Wildlife Service proposed listing the Monarch Butterfly as threatened under the Endangered Species Act.
Sustainable Groundwater Challenges and Farmer Sentiment Jumps in November
The Agribusiness Update
As California’s Sustainable Groundwater Management Act ramps up, farmers who learned late about the far-reaching law have encountered additional challenges, and farmer sentiment jumped in November as the Purdue University-CME Group Ag Economy Barometer climbed 30 points to 145, the highest since 2021.
UF Leads Nation in Ag Research and Farmer Sentiment Jumps in November
The Agribusiness Update
For the sixth consecutive year, the University of Florida led the nation in agricultural sciences and natural resources conservation research, and farmer sentiment jumped in November as the Purdue University-CME Group Ag Economy Barometer climbed 30 points to 145, the highest since 2021.
California Water Act Costing Farmers and Irrigated Cropland Acres Down
The Agribusiness Update
California’s Sustainable Groundwater Management Act has left some San Joaquin Valley farmers in dire financial straits, and the latest USDA Census of Agriculture data shows just under 55 million acres of U.S. cropland was irrigated in 2022, the lowest since 1992.
AgGeorgia Farm Credit Hurricane Response and Irrigated Cropland Acres Down
The Agribusiness Update
AgGeorgia Farm Credit has announced its response to Hurricane Helene’s historic damage inflicted across Georgia, and the latest USDA Census of Agriculture data shows just under 55 million acres of U.S. cropland was irrigated in 2022, the lowest since 1992.
Wheat numbers
Idaho Ag Today
USDAs latest quarterly look at small grains provided a final view of those crops for the 2024 growing season, with emphasis on wheat.
Farm Bill Extension Expires and Ag Economy Barometer Lowest Since 2016
The Agribusiness Update
Now that the farm bill extension reached its deadline, what’s next, and the September Purdue University/CME Group Ag Economy Barometer hit its lowest readings since March 2016.
A Veteran in the Almond Industy And How He Started His Business
California Tree Nut Report
Sustainable Groundwater Management Act and Wheat Production Higher
The Agribusiness Update
As California farmers prepare for groundwater cutbacks with implementation of the Sustainable Groundwater Management Act, they are trying to stretch every drop, and U.S. wheat production for 2024-25 is forecast at 2.008 billion bushels, the largest crop since 2016-17.
Lenders Urge Stronger Sugar Policy and Wheat Production Higher
The Agribusiness Update
Farm lenders and financial experts sent a letter to Ag leaders urging Congress to strengthen U.S. sugar policy in the Farm Bill and oppose efforts to weaken the farm safety net, and U.S. wheat production for 2024-25 is forecast at 2.008 billion bushels, the largest crop since 2016-17.
California Burn Ban and Bird Flu Price Tag
The Agribusiness Update
Farmers in the eight counties of California’s San Joaquin Valley Air Pollution Control District will be prohibited from nearly all open burning under a state law adopted in 2003, and USDA's response to bird flu in poultry and cows will end up costing at least $2 billion.
Tyson Sells Georgia Poultry Plant and Bird Flu Price Tag
The Agribusiness Update
Tyson Foods has entered into an agreement to sell its Vienna, Georgia poultry complex to House of Raeford Farms, and USDA's response to bird flu in poultry and cows will end up costing at least $2 billion.
California Pork Prices Higher and Farmland Demand Strong
The Agribusiness Update
Prices for pork products subject to California’s Proposition 12 law have increased an average of 20% since the law began, and the ag economy has faced some challenges during the past year while farmland values remain strong.
USDA's Ag Outlook Forum and Ag Equipment Downward Trend
The Agribusiness Update
The USDA’s 100th annual Ag Outlook Forum is set for February 15-16 in Arlington, Virginia, and the ag equipment market began a downward trend last year and dealers worry 2024 might be their roughest year since COVID.
CattleCon24 in Orlando and Ag Equipment Downward Trend
The Agribusiness Update
CattleCon24 in Orlando, January 31 thru February 2, and the ag equipment market began a downward trend last year and dealers worry 2024 might be their roughest year since COVID.
Not Surprising in 2024 and Biological Push Continues in 2024
The Agribusiness Update
Farm Journal and Purdue University’s December Economists’
Monthly Monitor shows views slightly more optimistic than a month ago as they look at unexpected headlines they wouldn’t be surprised to see in 2024, and AgriThority put together its top ten trends for the new year.
Read More Ag Burning Deadline in California and House Reps Push Back on EATS Act
The Agribusiness Update
Grape growers, facing a January, 2025, deadline to end agricultural burning, say they’re having difficulty getting burn permits, and 16 members of the House of Representatives pushed back against the EATS Act.
U.S. Global Leader in Cotton Exports and House Reps Push Back on EATS Act
The Agribusiness Update
The U.S. is the global leader in cotton exports by value, holding a 33% share of the global export market in 2021, and 16 members of the House of Representatives pushed back against the EATS Act.
Food Inflation Lowest in 2 Years and NCBA Applauds Ag Security Risk Review Act
The Agribusiness Update
The annualized food inflation rate of 4.3% is the lowest since the 3.7% rate in August 2021, and NCBA applauds new bill that strengthens oversight of foreign agricultural purchases.