Below you'll find a list of all posts that have been categorized as “Economy”
The U.S. Department of Agriculture has released their Dairy Production Projections for 2026. USDA Livestock Analyst Anthony Fischer provides the details. Fischer said, “Milk output continues to grow. It’s appeared to slow down a bit in recent years, but the trend is pretty steady. Milk output per cow growth is expected to continue into 2026 as farmers take advantage of genetic advancements …
With the reduction in the estimated Agricultural trade deficit that was recently announced, we sat down with Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg to learn what factors were impacting this reduction. Under Secretary Lindberg said, “You know, we’ve had really some significant progress across not only a number of different markets around the world, where we’ve had …
With the reduction in the estimated agricultural trade deficit that was recently announced, we sat down with Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg to learn what factors were impacting this reduction. Under Secretary Lindberg said, “You know, we’ve had really some significant progress across not only a number of different markets around the world, where we’ve had …
The National Pork Producers Pork Forum opens today in Kansas City, with the pork trade remaining strong. Pork export sales remain strong, in fact last week’s total the highest so far this year, Mexico, remaining our number one customer. CME Lean Hog Index, the highest since mid-November. April Lean Hog Futures reached a high on February the 6th, up at 99.80. Futures fell back from …
Weather coming in like a lion in many areas around the country, but so is the cattle trade, keeping an eye on live cattle and feeder cattle. Big sell-off late last week, many suggesting month-end selling. Strike potentially at Greeley, Colorado plant, and we understand that grievance is not all about money there. And when you add the Tyson plants, set-downs and slow-downs at …
U.S. Secretary of Agriculture Brooke Rollins has announced that USDA is launching the “One Farmer, One File” initiative. The effort is meant to modernize the department’s efforts by making “sweeping technological improvements,” with a single record that follows the farmer no matter where they interact with the department. “Every single day at USDA, our focus is on making life easier, …
Georgia Commissioner of Agriculture Tyler Harper has announced that the Georgia Farmland Conservation Fund Application period is now open and we caught up with Commissioner Harper for more details. Commissioner Harper said, “So the Georgia Farmland Conservation Fund and the Georgia Farmland Conservation Council that works toward the protection of production agricultural land in the state of Georgia and it was created …
Florida Commissioner of Agriculture Wilton Simpson has announced that agricultural producers can now apply for hurricane disaster relief for 2023 and 2024. The Florida Block Grant Disaster Relief Program will provide over $600 million in grant funding in which the Florida Department of Agriculture and Consumer Services says can, “assist with infrastructure damage, market loss, citrus loss, and timber damage …
The Consumer Confidence Index, the highest in four months, hopefully trickling down to Main Street. The February reading from the Conference Board was the highest since October, reaching just over 91. Looking at January’s number, also adjusted higher, from near a 12-year low of 84.5 up to 89. Economists say the improvement comes from consumers’ view of the future. Bottom Line analysts say these readings and …
The U.S. Department of Agriculture presented the crop forecasts for the upcoming season during the USDA Agricultural Outlook Forum. USDA economist Bryn Swearingen provided the forecast for corn, soybeans and wheat. Swearingen said, “While corn acres are forecasted down to 94 million, this is still the third highest on record, and soybeans are forecasted to have a recovery to 85 million …
