Acreage Projections for 2024

Dan Commodities, Cotton, Economy, Field Crops, Soybeans, Wheat

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 ContentCIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

North Georgia Counties Designated as Primary Natural Disaster Areas Following Recent Drought

Dan Agri-Business, Drought, Economy, Funding, Georgia, Irrigation, Water, Weather

(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

Dan Agri-Business, Beef, Cattle, Commodities, Economy, Exports/Imports, Livestock, Marketing, Pork, Sheep-Goats, U.S. Meat Export Federation (USMEF)

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 …

USDA Clarifies “Domestic Origin”

Dan Commodities, This Land of Ours

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 …

Farmer Sentiment Rises in Latest Ag Economy Barometer

Dan Agri-Business, Economy

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

Dan Agri-Business, Crop Insurance, Economy, Funding, 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 …

Foreign Investment in U.S. Ag Land

Dan Economy

Foreign investment in U.S. agricultural land is a big topic. USDA’s latest research, based on 2021 data, shows over 40 million acres of American agricultural land are owned by foreign investors and companies. This corresponds to 3.1 percent of all privately-held agricultural land and 1.8 percent of all land in the U.S. Canadian investors own the largest portion of foreign-held …