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NFU on Farm Bill Failure and Beef Export Value
The Agribusiness Update
After the Senate Ag Committee failed to advance the farm bill, National Farmers Union President Rob Larew said farmers cannot afford more delay, and although volume of U.S. beef exports was down slightly in June, the value was up to $790 million.
Post Recess Farm Bill and Trade Deficit Decline
The Agribusiness Update
Senate Ag Chair John Boozman says he will reconvene committee members in September to vote again on his farm bill package, and the U.S. trade deficit declined in June but remains only slightly below levels seen before President Trump’s second term.
East Coast Broccoli Industry and Building Corn Demand
The Agribusiness Update
The burgeoning East Coast broccoli industry is helping slightly lower costs and reduce reliance on drought-prone Western states like California, and the NCGA released a new strategy outlining how the U.S. corn industry can build demand for new domestic and international markets.
War Impact on California Ag and Ethanol Exports Decline
The Agribusiness Update
The U.S.-Israeli war with Iran, now in its third week, is taking a toll on California’s high-value agriculture sector, and U.S. ethanol exports declined slightly to start the year.
GFB President's Trip to D.C. and Ethanol Exports Decline
The Agribusiness Update
The annual Georgia Farm Bureau Presidents’ trip to Washington, D.C., provided members the opportunity to interact directly with Georgia’s congressional delegation, and U.S. ethanol exports declined slightly to start the year.
Farmer Sentiment Up Slightly and Dairy Industry Urges Labor Reform
The Agribusiness Update
Farmer sentiment held steady in September as the Purdue University/CME Group Ag Economy Barometer rose one point to a reading of 126, and the dairy industry addresses urgent labor shortages facing America’s dairy farmers.
Farmer Sentiment Up Slightly and Dairy Industry Urges Labor Reform
The Agribusiness Update
Farmer sentiment held steady in September as the Purdue University/CME Group Ag Economy Barometer rose one point to a reading of 126, and the dairy industry addresses urgent labor shortages facing America’s dairy farmers.
Cotton Forecasts Higher and Mexico Tomato Dumping
The Agribusiness Update
USDA’s 2024-25 forecast for global cotton production is down slightly month-over-month but a 7% increase from last year and the highest since 2017-18, and Court of International Trade confirmed findings that Mexican companies dumped tomatoes into the U.S. market at significant margins.
Rollins Nominated for Ag Secretary and Reactions to Tariff Threats
The Agribusiness Update
President-elect Trump has nominated former White House aide Brooke Rollins to be his Secretary of Agriculture, and officials in China, Mexico and Canada are criticizing a pledge by President-elect Trump to impose new tariffs on the nation’s largest trading partners.
Milk Production Down Slightly and China Edges Mexico as Top Export Market
The Agribusiness Update
USDA says milk production in the 24 largest producing states fell slightly year-over-year in July, and China was less than $500 million ahead of Mexico as the leading customer for U.S. food and ag exports in final months of the fiscal year.
Milk Production Down Slightly and China Edges Mexico as Top Export Market
The Agribusiness Update
USDA says milk production in the 24 largest producing states fell slightly year-over-year in July, and China was less than $500 million ahead of Mexico as the leading customer for U.S. food and ag exports in final months of the fiscal year.
Cherry Estimates from USDA
Fruit Grower Report
U.S. sweet cherry production for this year is forecast at 355,000 tons, up slightly from last year according to the USDA's Lance Honig.
New High for Crop Insurance and Food Price Index Up Slightly
The Agribusiness Update
For the first time, farmers and ranchers bought crop insurance policies on more than 500 million acres last year, and the U.N. Food and Agricultural Organization’s Food Price Index stood at 120.4 points in May, up 0.9% from its April level.
New High for Crop Insurance and Food Price Index Up Slightly
The Agribusiness Update
For the first time, farmers and ranchers bought crop insurance policies on more than 500 million acres last year, and the U.N. Food and Agricultural Organization’s Food Price Index stood at 120.4 points in May, up 0.9% from its April level.
Cattle Numbers Down in April and FFA Students Named U.S. Presidential Scholars
The Agribusiness Update
The latest Cattle on Feed report shows the U.S. herd dropped slightly in April, and seven FFA students have been named U.S. Presidential Scholars.
Livestock Auctions Scramble and American Farmers Get Older & Younger
The Agribusiness Update
Efforts to understand and curb the spread of avian influenza in dairy cows have livestock auction yards in a scramble, and Farmdoc Daily says the 2022 Census of Agriculture confirms U.S. farmers continue getting older, but relative to the rest of the population, American farmers are slightly younger.
Florida Bird Flu Steps and American Farmers Get Older & Younger
The Agribusiness Update
The Florida Department of Agriculture is taking proactive measures to help protect Florida livestock from bird flu, and Farmdoc Daily says the 2022 Census of Agriculture confirms U.S. farmers continue getting older, but relative to the rest of the population, American farmers are slightly younger.
Blueberries Partner with Pickleball and Beef Exports Down
The Agribusiness Update
As pickleball’s popularity soars, the U.S. Highbush Blueberry Council announced its partnership with “Major League Pickleball” for their 2024 season, and U.S. Meat Export Federation data shows beef exports below last March’s large volume, but the highest since last June.
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.
Processing Tomato Acreage Down and Trade Mission to South Korea
The Agribusiness Update
California farmers are scaling down their processing tomato acreage this year with boosted inventory, and representatives from 49 U.S. organizations will join the USDA’s agribusiness trade mission to Seoul, South Korea.