USDA Forecasts U. S. Corn Production Up, Soybean, Cotton Production Down from 2022

Dan Agri-Business, Commodities, Corn, Cotton, Economy, Field Crops, Soybeans, USDA-NASS

(USDA-NASS/WASHINGTON, Sept. 12, 2023) — Corn production is up, while soybean and cotton production is down from 2022, according to the Crop Production report issued today by USDA’s National Agricultural Statistics Service (NASS). Corn production is up 10% from last year, forecast at 15.1 billion bushels; soybean growers are expected to decrease their production 3% from 2022, forecast at 4.15 …

Good July for Pork Exports but Slow for Beef

Dan Beef, Cattle, Economy, Exports/Imports, Marketing, Pork, U.S. Meat Export Federation (USMEF)

Building on a robust first-half performance, July exports of U.S. pork continued to outpace year-ago levels, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). But, beef exports took a step back in July, posting the lowest volume since January. Starting with the good news, pork exports in July were up 5% year-over-year, while the export value …

Early Start to Corn, Soybean Harvest

Dan Commodities, Corn, Field Crops, Soybeans

In some states, we are seeing an early start to the corn and soybean harvests. Mark Oppold has more details as to why. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

World Food Prices Lower in August

Dan Commodities, Economy, This Land of Ours

World food prices were lower last month. That’s coming up on This Land of Ours. The UN’s Food and Agriculture Organization’s Food Price Index averaged 121.4 points in August, a 2.6-point drop from July, reversing the rebound registered that month. The August drop pushed the index 38 points lower than its peak reached in March 2022. The overall drop was …

Federal Government Approves Disaster Declaration for Cook, Glynn, and Lowndes Counties Following Hurricane Idalia

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

(GDA/Atlanta, GA/Sept. 8, 2023) — Yesterday evening, in response to Governor Brian P. Kemp’s request, President Joseph R. Biden, Jr. approved a disaster declaration allowing Georgians in Cook, Glynn, and Lowndes Counties access to emergency relief funds following the significant damage caused by Hurricane Idalia on August 30, 2023. As damage assessments continue in other areas affected by the storm, Commissioner …

Alabama Application Deadline for Meat and Poultry Processing Nearing

Dan Agri-Business, Alabama, Alabama Department of Agriculture and Industries (ADAI), Beef, Cattle, Economy, Funding, Livestock, Marketing, Poultry

Here’s a reminder from the Alabama Agricultural Development Authority that it is accepting loan applications under the Alabama Meat Processing Program. This program is a result of a $15 million award from the USDA through the Meat and Poultry Intermediary Lending Program. Applications for Phase I will close Thursday, September 14, 2023. The low interest loans are intended to support …

Farmer Sentiment Drops in August

Dan Economy

Producer sentiment lowered during August as the Purdue University/CME Group’s Ag Economy Barometer dipped eight points to a reading of 115. The month’s decline was driven by producers’ weaker perception of current conditions on their farms and throughout U.S. agriculture. The Current Conditions Index fell 13 points to a reading of 108. The Future Expectations Index also dropped by five …