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Balanced Reporting. Trusted Insights.
Thursday, April 03, 2025
USDA has sharply lowered its forecast for food inflation this year as price declines for dairy products and pork are expected to help offset sharply higher prices for beef and eggs.
India’s demand for imported animal feed could increase significantly in coming years depending on how fast the population’s income grows and domestic production expands, according to a USDA study.
Shoppers saw relief at the supermarket in February, as the overall cost of groceries remained flat as lower prices for pork, dairy products and fruits and vegetables offset the spike in egg prices and higher prices for beef.
Rural hospitals survive longer if they receive financial assistance from USDA’s Community Facilities loan and grant program, according to a study by USDA’s Economic Research Service.
USDA’s latest forecast for farm earnings estimates that net farm income will be down 6.3% this year to $140.7 billion, when adjusted for inflation. USDA estimates net cash farm income will be 3.5% lower this year at $158.8 billion.
The Agriculture Department projects that the U.S. agricultural trade deficit will widen this fiscal year to $45.5 billion, an increase on the previous estimate as imports grow faster than expected.
Food insecurity in Cuba is growing even as its crop production has steadily declined, due in part to hurricanes, flooding and drought, making the country more reliant on imports, according to a study by USDA’s Economic Research Service.
The 2018 farm bill, which was extended last year until Sept. 30, 2024, has now expired once again. What does that mean for major farm and nutrition programs?
Rural residents regardless of political party are more concerned about inflation than people who live in metro areas, according to a quarterly survey that has been tracking voter attitudes toward the cost of food.
