The deadline is here. The current farm bill expires at the end of this month, and lawmakers don’t seem close to passing a new one. There are many questions left open in each of the bill’s twelve titles, but when it comes to Title III-Trade, the question is all about money. “The big issues in the Farm Bill on trade …
Lower Crop Ratings Factored in Grain Trade
Lower ratings from USDA in their latest crop conditions report have already been factored in the grain trade. Mark Oppold looks at what we should expect.
U.S. Peanut Exports See an Increase
U.S. peanut exports had been seeing a downward trend. But according to a new report, that has changed. Tyron Spearman runs through the new numbers.
ALB Market Report Notes Imports Are Down
The American Lamb Board’s (ALB) July market report is now available. The report indicates that both lamb imports and domestic production are down. The report notes lamb weights are lighter than a year ago, and fewer imported pounds have resulted in a lower supply of lamb in the domestic market. Federally inspected lamb and yearling slaughter for July is 4 percent lower …
Excellent First Half for U.S. Pork Exports; Beef Exports below Record Pace
According to new data released by the U.S. Department of Agriculture (USDA) and compiled by the U.S. Meat Export Federation (USMEF), U.S. pork exports concluded an excellent first half of 2023 with another strong performance in June. As for beef exports, while well below the record pace established in 2022, June exports topped $900 million in value, pushing first-half export value to …
U.S. Suppliers Meet with Latin American Red Meat Buyers
Red meat buyers from Central and South America and the Caribbean recently met with U.S. suppliers in Cartagena, Colombia, during the 11th edition of the U.S. Meat Export Federation (USMEF) Latin American Product Showcase. With 70 U.S. exporting companies exhibiting at the showcase, 220 importers had the opportunity to meet U.S. suppliers and arrange purchases of a wide range of U.S. red …
Peanut Exports are Down Slightly
A new report notes the export of U.S. peanuts is down slightly. Tyron Spearman runs through the latest numbers.
Various Factors Affecting the Grain Trade
There are various factors affecting the grain trade at this time. Mark Oppold looks at those and also has an update on the oil and gas markets.
Keeping an Eye on the Cotton Trade
The cotton trade is something many are keeping an eye on right now. Mark Oppold reports weather conditions over the next few days may have a factor in this year’s crop.
United States Again a Top Beef Supplier to Japan
The United States is again a top supplier of beef to Japan, according to USDA’s Economic Research Service. U.S. market share collapsed in 2004 after a single case of bovine spongiform encephalopathy, commonly referred to as “mad cow disease,” was detected in a cow shipped from Canada to the United States. In response, Japan placed an embargo on all U.S. …