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Number of US Wheat Farms Dropping and Beef Exports to Plummet
The Agribusiness Update
The Economic Research Service says the number of U.S. wheat farms has dropped substantially over time, and in 2024, U.S. beef exports are expected to be about 83% lower than 2023.
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.
Organic Dairies Hurting and Consumer Prices for Wheat Products Soar
The Agribusiness Update
Skyrocketing production costs have hit the organic dairy industry particularly hard, and consumer prices for wheat-based products are up substantially.
Hurricane Ian Assistance and Consumer Prices for Wheat Products Soar
The Agribusiness Update
Florida Farm Bureau applauds lawmakers for Hurrican Ian assistance, and consumer prices for wheat-based products are up substantially.