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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.
Hard Red Winter Wheat Exports Down and NASDA on USDA Authority
The Agribusiness Update
U.S. Hard Red Winter Wheat exports are forecast down 10 million bushels to the lowest since records began in 1973-74, and the National Association of State Departments of Agriculture advocate to give the USDA more authority to be flexible in serving farmers and ranchers.
Hurricane Idalia Batters Georgia and NASDA on USDA Authority
The Agribusiness Update
Hurricane Idalia battered Georgia farms and rural communities after sweeping across Southeast Georgia, and the National Association of State Departments of Agriculture advocate to give the USDA more authority to be flexible in serving farmers and ranchers.
American Wheat Exports Low and USTR Dispute Settlement with Mexico
The Agribusiness Update
The USDA says America’s all-wheat exports are projected to be 700 million bushels, the lowest since 1971-72, and U.S. Trade Representative Katherine Tai announces dispute settlement panel under the U.S.-Mexico-Canada Agreement, after Mexico ban on biotech corn.
American Wheat Exports Low and USTR Dispute Settlement with Mexico
The Agribusiness Update
The USDA says America’s all-wheat exports are projected to be 700 million bushels, the lowest since 1971-72, and U.S. Trade Representative Katherine Tai announces dispute settlement panel under the U.S.-Mexico-Canada Agreement, after Mexico ban on biotech corn.
Cost of Producing Tomatoes Up and Fertilizer Prices Down
The Agribusiness Update
Costs to produce processing tomatoes increased substantially in the past six years, according to a study by the University of California and UC Cooperative Extension farm advisors, and after reaching historic highs in 2022, prices for major fertilizers have trended lower since.
Cost of Producing Tomatoes Up and Fertilizer Prices Down
The Agribusiness Update
Costs to produce processing tomatoes increased substantially in the past six years, according to a study by the University of California and UC Cooperative Extension farm advisors, and after reaching historic highs in 2022, prices for major fertilizers have trended lower since.
Georgia's Ag Commodity Commission Appointments and Fertilizer Prices Down
The Agribusiness Update
Georgia Ag Commissioner Tyler Harper announced appointments to 13 of Georgia's Agriculture Commodity Commissions, and after reaching historic highs in 2022, prices for major fertilizers have trended lower since.
Apples to India Pt 2
Fruit Grower Report
USApple President and CEO, Jim Bair shares why Washington’s apple industry is so excited after India drops its retaliatory tariffs against apples.
Apples to India Pt 1
Fruit Grower Report
USApple President and CEO, Jim Bair shares why Washington’s apple industry is so excited after India drops its retaliatory tariffs against apples.