(AFBF/WASHINGTON/November 15, 2023) — Gathering around the table for a Thanksgiving dinner won’t take as much of a toll on your pocketbook this year compared to 2022, but the meal still reflects historically high costs. The American Farm Bureau Federation’s (AFBF) 38th annual survey provides a snapshot of the average cost of this year’s classic holiday feast for 10, which …
Peanut Count is Lower than Last Year at This Time
Peanuts are still coming in to buying points, but according to a story from Tyron Spearman, some wonder if there are really that many more yet to be harvested. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Acreage Projections for 2024
Acreage projections for 2024 major row crops have been released. Mark Oppold notes soybean acres are expected to be up, while corn is down. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
North Georgia Counties Designated as Primary Natural Disaster Areas Following Recent Drought
(GDAC/Atlanta, GA/Nov. 10, 2023) — United States Department of Agriculture (USDA) Secretary Tom Vilsack has issued a natural disaster declaration for 11 Georgia counties following a sustained period of drought, adding to the four Northwest Georgia Counties already declared primary natural disaster areas last week. Impacted counties include Bartow, Cherokee, Dawson, Fannin, Floyd, Gilmer, Gordon, Lumpkin, Murray, Pickens, and Whitfield, which have sustained eight …
September Pork Exports Fairly Steady; Beef Exports Trend Lower
According to new data released by USDA and compiled by the U.S. Meat Export Federation (USMEF), September exports of U.S. pork were down slightly from a year ago but did maintain a robust pace. On the other hand, beef exports continued to struggle compared to last year’s record totals but showed increasing strength in the Western Hemisphere markets. Pork exports totaled 221,140 metric …
Hoping for a Rebound in the Ag Trade
Many agricultural commodities saw a tough week this week. But as Mark Oppold reports, many traders are looking for a rebound. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
USDA Clarifies “Domestic Origin”
USDA is clearing up some requirements in the meat industry. That’s coming up on This Land of Ours. Last year, the USDA Agricultural Marketing Service (AMS) purchased $800 million worth of meat products for use in nutrition assistance programs such as free school meals. That meat must fall under the requirements of domestic origin verification (DOV). However, those requirements are …
Traders Waiting on November Crop Report
The monthly crop report from USDA comes out Friday. And as Mark Oppold reports, many traders will be looking to see those numbers. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Farmer Sentiment Rises in Latest Ag Economy Barometer
The Purdue University-CME Group Ag Economy Barometer rose four points in October to 110. The modest improvement in farmer sentiment resulted from farmers’ improved perspective on current conditions on their farms as well as their expectations for the future. The Index of Current Conditions rose three points to 101, while the Index of Future Expectations rose five points to 114. …
Hurricane Idalia Disaster Declaration Expanded in Georgia
(GDAC/Atlanta, GA/Nov. 8, 2023) — U.S. Department of Agriculture Secretary (USDA) Tom Vilsack has issued a disaster declaration for 27 Georgia counties due to damage and losses caused by Hurricane Idalia on August 30, 2023. This declaration allows farmers, producers, and other eligible agricultural operations to apply for emergency disaster relief through the Farm Service Agency. “Hurricane Idalia caused significant …