USDA Adjusts Meat Production Forecasts

USDA did adjust the beef and pork production forecasts for both 2022 and 2023. Rod Bain has more information about the latest numbers. World Agricultural Outlook Board Chair Mark Jekanowski discusses the latest outlooks for domestic poultry production and price for both this year and next. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2026FL Cattle Enhancement Board Wraps up Funding YearJune …

July Egg Production Down, Broiler Hatch Up

United States egg production totaled nine billion during July, down three percent from last year. The Department of Agriculture says production included 7.69 billion table eggs, and 1.31 billion hatching eggs, of which 1.22 billion were broiler-type, and 90.7 million were egg type. The average number of layers during July totaled 368 million, down four percent from last year. Total …

Farmland Prices, Equipment Sales Decline in Monthly Index

Farmland prices and farm equipment sales declined in the August Creighton University Rural Mainstreet Index. The overall index fell for the fifth straight month, for August slumped to 44.0 from 46.0 in July. The index ranges between 0 and 100, with a reading of 50.0 representing growth neutral. The region’s farmland price index for August declined to 60.0 from July’s …

How Poultry Grower Contracting and Compensation Works

USDA recently announced the public comment period had been extended for proposed rule on greater transparency in poultry contracting and the poultry tournament system. This system is unlike any other part of farming, and Rod Bain talked to a USDA official who describes how it works. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2026FL Cattle Enhancement Board Wraps up Funding YearJune …

USDA Announces New Opportunities to Improve Nutrient Management

Now that both the U.S. Senate and House have passed the Inflation Reduction Act, it only awaits the signature of President Biden. And the U.S. Department of Agriculture (USDA) welcomed the passage of the Act, which they note will deliver $19.5 billion in new conservation funding to support climate-smart agriculture. Funding from the Act is designed to will bolster new steps …

Pork Exports Down First Half of 2022 but Show Signs of Improvement

U.S. pork exports for the first half of the year were down by 19% in volume and 18% in value over the same period of 2021, according to recently released data from the U.S. Department of Agriculture. From January through June, the U.S. pork industry shipped to foreign destinations almost 1.1 million metric tons (MT) of product valued at $3 …

Forage Producers Reminded to Enter World Forage Analysis Superbowl

Forage producers are invited to enter the 2022 World Forage Analysis Superbowl, a contest set to award over $26,000 in cash prizes. The deadline to submit entries is August 25. The $35 entry fee provides entry into the contest along with a detailed sample analysis that is sent to entrants after judging is complete. Entry forms are available at foragesuperbowl.org. Each …

USDA Boosts Conservation on Grazing Lands and Support for Farmers and Ranchers

The USDA Natural Resources Conservation Service (NRCS) has announced they are investing up to $12 million in partnerships that expand access to conservation technical assistance for livestock producers and increase the use of conservation practices on grazing lands. NRCS will accept proposals through its Grazing Lands Conservation Initiative (GLCI) until September 22, 2022. Project proposals for GLCI Cooperative Agreements will identify and address barriers …

Tyson Foods Reports Sales Slump

Reduced domestic and international demand for pork is hitting Tyson Foods, one of the nation’s top pork producers. The Arkansas-based meatpacker reported this week that the company earned approximately $25 million from its pork business for the three months ending on July 3. That’s about 63 percent lower than the same quarter in 2021. The company reports that China, the …