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<p>Balanced Reporting. Trusted Insights.</p>
Wednesday, April 02, 2025
A new report from the Agriculture Department’s Economic Research Service projects the nation’s pork producers could soon be sending more product overseas than their poultry counterparts.
The USDA’s Economic Research Service on Thursday lowered its forecast for U.S. agricultural exports in fiscal year 2024 to $169.5 billion. That’s down $2.5 billion from USDA’s previous forecast in August and down $9.2 billion from exports in FY 2023.
Poultry integrators will have to provide more financial information to prospective or current growers before entering into contracts with them, under a USDA final rule designed to increase transparency and prevent discrimination in the industry.
The indictments of New Jersey Sen. Bob Menendez and Wael Hana are raising concern over an arrangement that gives control over millions of dollars in U.S. beef and poultry trade to one entity at the heart of the scandal.
USDA’s Food Safety and Inspection Service is proposing to declare salmonella as an adulterant in breaded stuffed raw chicken products, barring their sale if they exceeded a limit for the bacteria.
The American poultry sector is awaiting a spring spike in detections of highly pathogenic avian influenza, leading industry and government officials to wonder if the disease has pivoted from an occasional concern to a permanent part of raising birds in the United States.
Grocery prices rose 0.2% in December, driven in part by another spike in the cost of eggs and an increase in beef prices that helped offset declines in many other categories.
USDA economists are increasing their estimate of food price inflation this year and for 2023, saying that prices will rise more slowly next year but still above the historical average.
