High prices for U.S. corn, soybeans and wheat are not expected to be a short-term shock, according to a new RaboResearch report, “The Grain Drain After Ukraine.” While the sudden shutdown of trade in the Black Sea region has sent corn and wheat prices to their highest in a decade, the ten-year outlook for all major crops has shifted up …
Biden’s 2023 Budget Proposal: Ag and Rural Funds
President Joe Biden unveiled his budget proposal for fiscal year 2023, Monday. Agriculture Secretary Tom Vilsack says the President’s budget provides USDA with “the tools needed to support a vibrant, revitalized, and prosperous rural America.” The budget includes more than $10 million for oversight and enforcement of the Packers and Stockyards Act as well as money to support innovation in …
Programs Announced by USDA to Increase and Expand Meat and Poultry Processing Capacity
Technical Assistance Now Available to Processors; $23.6 Million Available for Meat, Poultry Readiness Grant program (USDA/WASHINGTON, March 25, 2022)Â — The U.S. Department of Agriculture (USDA) announced the launch of the Meat and Poultry Processing Capacity Technical Assistance Program (MPPTA) to provide technical assistance to meat and poultry grant applicants and grant-funded projects. Processors and applicants involved with the Meat and …
Farm Share of U.S. Food Dollar Rose One Cent in 2020
The farm share of the food dollar increased one cent in 2020, according to new data from USDA’s Economic Research Service. On average, U.S. farmers received 16.0 cents for farm commodity sales from each consumer dollar spent on domestically produced food in 2020, up from a revised 15 cents in 2019. Known as the farm share, the one-cent rise is …
USDA Grant to Help UF Scientists Increase Beef Cattle Reproduction
A University of Florida animal scientist and his colleagues are trying to help ranchers produce beef more consistently by improving their herd’s reproductive performance. And this is possible thanks to a $650,000 grant they received from the U.S. Department of Agriculture (USDA) National Institute of Food and Agriculture (NIFA) to try to increase beef cattle reproduction. “We anticipate finding tools …
Production Costs Outpacing Commodity Prices
The cost of growing crops could outpace revenue for many farmers this year, making it more difficult to break even despite rising commodity prices and increasing domestic and global demand. An American Farm Bureau Market Intel Report says that farm production costs are likely to rise six percent in 2022, which follows a 12 percent rise in 2021. This continues …
Equipment Dealer Groups Agree to Merger
The joint membership of four equipment dealer associations voted overwhelmingly in favor of moving forward with a merger to create the new North American Equipment Dealers Association. The organizations include the Midwest-SouthEastern Equipment Dealers Association, the United Equipment Dealers Association, the Western Equipment Dealers Association and the Equipment Dealers Association. The member vote was the final step in the merger …
Big-Florida Budget
(NSF) — Governor Ron DeSantis says the 112.1-billion-dollar budget approved by the Legislature on Monday may be too generous in areas, and those celebrating inclusion of their projects in the spending plan should refrain from celebrating too early. DeSantis says he expects to make cuts throughout the record budget for the fiscal year that will start July 1st. Without getting …
Fried Comments on FDACS New Budget
The 2022 Florida legislative Session came to an end this past Monday, when lawmakers passed that record $112.1-billion budget. During a press conference, Florida Agriculture Commissioner Nikki Fried discussed the dollars allocated for the Florida Department of Agriculture and Consumer Services (FDACS). Sponsored ContentFlorida Cattle Enhancement Board Provides Significant Support For ResearchDecember 19, 2025Florida Cattle Enhancement Board Considers Efforts Important to Cattle …
Alabama Farmers Concerned with Input Prices, Labor
We’ve talked before about the rising input prices, and how this will affect many decisions heading into the 2022 planting season. Various surveys have indicated that this is a top concern for many farmers this year. Alabama Extension Cotton Agronomist Steve Brown, with the Alabama Cooperative Extension System (ACES), agrees. He told Southeast AgNet this is something many growers have discussed with him, …