As we near the end of another year, many traders continue to watch how certain agricultural commodities are performing. Mark Oppold has an update on which ones are doing well at this time.
Lower Production Translates to Higher Juice Futures
Due to the lower citrus production in Florida, juice futures are seeing higher numbers. Mark Oppold has more details.
Preliminary Damage Assessment for Florida Agriculture Following Hurricane Ian
(FDACS/Tallahassee, FL/Oct. 24, 2022) — The Florida Department of Agriculture and Consumer Services (FDACS) and Commissioner of Agriculture Nikki Fried released the FDACS preliminary damage assessment for agriculture following Hurricane Ian. The assessment considered losses to agriculture production and infrastructure and are estimated between $1,180,714,303 and $1,888,305,886. “While today’s assessment is a preliminary snapshot of the losses to Florida agriculture, it is a critical first step …
Concerns about Florida’s Orange Crop
Recent USDA forecasts indicate concerns about the Sunshine State’s orange production this year. Rod Bain reports that’s even before Hurricane Ian’s recent visit to Florida.
Florida Commissioner Nikki Fried on UF/IFAS Preliminary Agricultural Damage Assessment
(FDACS/GAINESVILLE, FL/Oct. 18, 2022) — The University of Florida Institute of Food and Agricultural Sciences (UF/IFAS) released a preliminary assessment of the agricultural production losses associated with Hurricane Ian. The report, which considered crops, livestock, and animal products, estimates a potential loss of up to $1.56 billion for Florida producers. The Florida Department of Agriculture and Consumers Services (FDACS) is expected to release its …
Senator Rubio Tours Florida Citrus Groves Damaged by Hurricane Ian
Prior to the U.S. Department of Agriculture’s (USDA’s) initial citrus forecast presented during a luncheon at Putnam Ranch in Zolfo Springs, Florida, Senator Marco Rubio (R-FL), joined by Congressional members Kat Cammack (R-FL) and Scott Franklin (R-FL), toured citrus groves devastated by Hurricane Ian. Sen. Rubio explained to AgNet Media what he saw during those tours. And Rubio explained what …
A Couple of Surprises in USDA’s New Crop Production Report
There are a couple of small surprises in USDA’s new crop production report. Gary Crawford has the details.
Farmers Try to Sort Out Hurricane Damage
(NSF/TALLAHASSEE, FL/Oct. 06, 2022) — A week after Hurricane Ian stormed across Florida, farmers and ranchers continue waiting for flood waters to recede to get a full picture of the destruction to citrus groves and cattle operations. The storm killed at least 200 cows at a dairy farm in Myakka City, while beef cattle counts remain uncertain until herds can …
Hurricane Ian Devastates Southwest Florida Agriculture
Florida Farm Bureau (FFB) notes it is working with their members to assess the damage farmers and ranchers across the state suffered from Hurricane Ian in order determine their needs. Many are facing widespread destruction of crops, buildings, fencing and other property loss due to substantial wind and water damage. In the citrus belt, there has been significant fruit drop, …
Citrus Growers Face ‘Gamut of Damages’ from Hurricane Ian?
(NSF/TALLAHASSEE/Sept. 30, 2022) — As they begin to assess groves damaged by Hurricane Ian, Southwest Florida citrus growers are seeing conditions potentially worse than after Hurricane Irma, which played a key role in citrus production falling by more than one-third in 2017. Matt Joyner, executive vice president and CEO of Florida Citrus Mutual, said Friday it might be more than …