Farm production expenses may fall this year. USDA Chief Economist Seth Meyer has some key numbers from USDA’s 2024 Farm Income Forecast. Meyer said a downward trend is being found in livestock feed prices, fuel, pesticide and fertilizer expenses. While some expenses are up from last year overall there is a bit of an easing on some input prices. Sponsored ContentNuseed …
The Uniqueness of Farmers Markets
Do you have a favorite farmers market? A look at why they each have their own feel. That’s coming up on This Land of Ours. The USDA official overseeing the mission area for farmers markets explains why each individual markets have their own identities. Rod Bain has more. Sponsored ContentNuseed Carinata Covers New GroundAugust 29, 2024CIR Agriculture Harvester ProductsJuly 1, …
Public Input Needed on Implementation of SUSTAINS Act
The USDA Natural Resources Conservation Service (NRCS) wants to remind the public that September 16th is the deadline to provide input on how best to implement the SUSTAINS Act. It authorizes the agency to accept private contributions to channel through several existing USDA-NRCS conservation programs. Specifically, the SUSTAINS Act provides an opportunity for the private sector to partner with USDA to engage farmers, ranchers, …
Keeping an Eye on Wall Street and Interest Rates
While many are looking forward to lower interest rates, Mark Oppold reports the amount of the rate cut could mean different things. Sponsored ContentNuseed Carinata Covers New GroundAugust 29, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
U.S. Ag Exports Still Trailing Last Year
U.S. ag exports continue to trail behind last year’s numbers. That’s coming up on This Land of Ours. U.S. agricultural exports are still trailing last year. Gary Crawford reports. Sponsored ContentNuseed Carinata Covers New GroundAugust 29, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
UF/IFAS Crop Transformation Center Focusing on HLB
The University of Florida Institute for Food and Agricultural Sciences (UF/IFAS) Crop Transformation Center (CTC) was founded in 2023 to address the need for rapid development and commercialization of genetically improved crops. While CTC projects will focus on crop improvement across all major crops grown in Florida, Dr. Scott Angle, who recently returned as Senior Vice President of the UF/IFAS, notes their first project focuses on creating citrus …
Traders Looking Forward to New Crop Update
Many traders are looking forward to the new crop update coming out later this week. Mark Oppold looks at what some are expecting. Sponsored ContentNuseed Carinata Covers New GroundAugust 29, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
FAPRI Updates Baseline for U.S. Ag Markets
The University of Missouri’s Food and Agricultural Policy Research Institute (FAPRI) recently released its 2024 Baseline Update for U.S. Agricultural Markets. Increased supplies, a strong dollar, and several other factors have caused prices for multiple agricultural commodities to fall sharply from their 2022 peak levels. In the absence of new shocks to the weather, the macro-economy, or policy, projected prices …
Opposing Views of USDA September Net Farm Income Report
There are some opposing views of the USDA’s September Net Farm Income Report. That’s coming up on This Land of Ours. Administrator of USDA’s Economic Research Service, Spiro Stafanou, says despite a forecast calling for lower farm incomes this year, the financial health of the farm sector is still strong. “It comes to the balance sheet for the ag sector. …
Weekly Livestock Market Report Week Ending 09-06-2024
Here are the weekly livestock market reports for Alabama, Florida, and Georgia, for the week ended September 6, 2024, compiled by the Livestock Market News Service for all three states. AL Livestock Market Report: At Alabama Livestock Auctions, for the week ended September 06, 2024, receipts at 16 markets totaled 14,359 head compared to 14,653 last week and 14,281 last …