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Shining Light on Farm & Food Policy for 20 Years.
Saturday, October 19, 2024
The Department of Agriculture said it's expecting smaller harvests of corn, soybeans and other crops this year based on producer surveys compiled in a monthly report falling largely in line with trader expectations.
Pork exports have enjoyed a healthy first half of 2023, but beef sales to overseas customers have lagged, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF).
Supermarket prices ticked up 0.3% last month, driven by a jump in the cost of beef as well as increases for some fruits, vegetables and dairy products, according to the monthly Consumer Price Index.
Farm groups are among the dozens of industry trade associations expressing concern that the Environmental Protection Agency will try to retain broad authority to regulate discharges into non-navigable waters despite the Supreme Court’s ruling in Sackett.
Prices for fertilizer products have been dropping for months from highs last year after many producers cut down on applications, but major manufacturers such as Mosaic and Nutrien see farmer demand rising amid bullish fundamentals.
Interest in agrivoltaics is increasing as the practice is seen as a potential solution to competing land use, and a bipartisan pair of senators is pushing for new research funding in the next farm bill.
If you think hiring good employees for food and agricultural jobs is difficult now, the data doesn’t indicate it’s going to improve anytime soon. Understanding generational differences in today's labor makeup will help ag companies weather the tight labor market.
Tyson Foods on Monday announced the closure of four chicken processing plants, and the meatpacking giant said it lost money on its chicken and pork business during the latest quarter while barely covering costs on its beef segment.