beef

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 …

interest

Higher Interest Rates, Strong Dollar Affecting Rural Economies

Dan Agri-Business, Economy, Exports/Imports, Field Crops, Forestry

CoBank says the combination of high interest rates and a strong U.S. dollar is beginning to take a disproportionate toll on rural industries like agriculture, forestry, and manufacturing. Most international transactions are still conducted in dollars, and a strong dollar makes U.S. exports more expensive and imports cheaper. CoBank’s Knowledge Exchange says that disproportionately hurts the backbone of the rural …

economists

Economists Discuss Additional Revenue Streams in Agriculture

Dan Agri-Business, Corn, Economy, Exports/Imports, Field Crops

Top agricultural economists answer the question of what the upcoming possibilities for new revenue streams for farmers are. The question was posed during the recent Agri-Pulse Ag Outlook Forum. National Corn Growers Association (NCGA) Lead Economist, Krista Swanson said a new type of aviation fuel is one stream. “Our market development action team recently had a study done and as …

beef

Record Value for Mexico Fuels August Pork Exports; Modest Rebound for Beef

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

According to new data released by the USDA and compiled by the U.S. Meat Export Federation (USMEF), August exports of U.S. pork were steady year-over-year. This was led by another tremendous performance in Mexico, as shipments totaled 226,519 metric tons (mt) in August, while export value fell 1.5% to just under $650 million. Exports to leading market Mexico remained on a record …

poultry

USDA Restricts Poultry Imports from France, EU

Dan Avian Influenza, Eggs, Exports/Imports, Poultry, USDA-APHIS

The U.S. Department of Agriculture (USDA) recently placed restrictions on the importation of poultry from France and the European Union. The restrictions, enacted by USDA’s Animal and Plant Health Inspection Service, include live ducks, duck eggs, and unmitigated or untreated duck products from the APHIS-recognized European Poultry Trade Region, as well as Iceland, Switzerland, Liechtenstein, and Norway, but excluding Great …