Dock worker strikes across the East and Gulf Coasts threaten to disrupt the U.S. meat and livestock industries significantly, according to Erin Borror, Vice President for Economic Analysis at the U.S. Meat Export Federation. The affected ports are critical, having facilitated nearly $3 billion in red meat exports during the first seven months of the year, averaging about $100 million …
Hurricane Helene Causes Significant Agricultural Damage
Hurricane Helene, which made landfall on the eastern coast late last week, has left a trail of destruction across several agricultural regions. Farmers in Florida, Georgia, North Carolina, and Virginia reported extensive crop losses, particularly in corn, soybean, and cotton fields, as heavy winds and torrential rains battered the area. Several poultry operations faced significant losses as well. Cotton crops …
Hurricane Helene Making Headlines in Many States
Hurricane Helene has made headlines in many states. As Mark Oppold reports, the storm affected various crops. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
USDA Launches Online Debt Consolidation Tool
Last month, the U. S. Department of Agriculture (USDA) launched a new Debt Consolidation Tool that allows U.S. agricultural producers to enter their farm operating debt and evaluate the potential savings that might come from debt consolidation. That consolidation could come from either a local lender or the Farm Service Agency. “Providing producers with options to structure their debt in a manner …
FDACS Announces Approval of First Loan for Hurricane Debby Impacted Florida Farmers
First loan approval comes just 15 days after Hurricane Debby made landfall in Florida (FDACS/TALLAHASSEE, FL/Sept. 27, 2024) — Today, Florida Commissioner of Agriculture Wilton Simpson announced the approval of the first Hurricane Debby recovery loan through the Florida Department of Agriculture and Consumer Services’ (FDACS) Agriculture and Aquaculture Producers Natural Disaster Recovery Loan Program. Commissioner Simpson announced the launch of the …
Georgia Cotton Commission: Hurricane Helene Devastates Georgia Farms
Friday afternoon, Georgia Cotton Commission (GCC) Executive Director, Taylor R. Sills, issued this statement concerning Hurricane Helene’s impact on the cotton crop in the state: In the early hours September 27th, Hurricane Helene wreaked havoc on south, southeast, east and parts of central Georgia and made an exceptionally damaging impact on farms. Affected producers are reporting yield losses ranging from 35% to …
Grain Trade Waiting on Quarterly Report
The grain trade is waiting on a quarterly report. Mark Oppold notes it is due to come out Monday morning. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Looking at the Numbers
As harvest continues with many of the row crops, Mark Oppold reports traders continue to look at the various numbers and news to help drive the markets. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Possible Agriculture Impacts from Helene
As Helene continues to build and churn towards the Florida coast, USDA meteorologist Brad Rippey looks at what might be potential implications to agriculture from the storm. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Watching Crude Oil Futures
Traders have been watching crude oil futures, which have been dropping. And as Mark Oppold reports, that is good news for farmers and ranchers. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024