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Daybreak Oct. 27: Bunge sees strong energy demand for soy oil

10/27/22 10:00 AM By Philip Brasher, Jacqui Fatka, Bill Tomson, Noah Wicks, and Steve Davies

Executives with oilseed giant Bunge say the growing global demand for biofuels will continue to support the soybean sector for some time.

Daybreak Oct. 26: ADM CEO: Water levels to disrupt North American soy exports

10/26/22 10:00 AM By Bill Tomson, Jacqui Fatka, Steve Davies, Philip Brasher, and Noah Wicks

Archer Daniels Midland company CEO Juan Ricardo Luciano said in the company’s third-quarter earnings call Tuesday that low water levels on the Mississippi River will likely reduce soy exports from North America.

SNAP dairy incentives program gets boost

10/26/22 6:10 AM By Jacqui Fatka

USDA-FNS authorized $3 million to Auburn University’s Hunger Solutions Institute to work with six retailers in Alabama, California, Georgia and South Dakota to implement at 116 locations its Healthy Fluid Milk Incentives Projects to encourage increased consumption of healthy dairy products.

USDA invests $64M in strengthening local, regional food systems

10/26/22 6:07 AM By Jacqui Fatka

USDA is awarding $64 million to 185 grants through its Local Agriculture Market Program’s Farmers Market and Local Food Promotion Programs and Regional Food System Partnerships to expand the availability of locally grown agricultural products and expand regional food systems.

USDA raises food price forecast

10/26/22 6:02 AM By Philip Brasher

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.

Daybreak Oct. 25: Tyson settles Washington broiler price-fixing lawsuit for $10.5 million

10/25/22 10:00 AM By Bill Tomson, Steve Davies, Philip Brasher, and Noah Wicks

Tyson Foods has agreed to pay $10.5 million to settle a lawsuit brought by Washington state alleging price-fixing in the broiler chicken industry.

Florida estimates Hurricane Ian damages as high as $1.9B

10/24/22 4:34 PM By Philip Brasher

Hurricane Ian caused $1.2 billion to $1.9 billion in damage to Florida agriculture when it tore through the state last month, with one-third of the losses in the citrus industry alone, the Florida Department of Agriculture and Consumer Services reported Monday.

USTR pledges help, but no investigation into Mexican produce

10/23/22 5:00 PM By Bill Tomson

The Office of the U.S. Trade Representative has rejected a petition from lawmakers to conduct a Section 301 investigation into claims that U.S. fruits and vegetables are suffering from unfair imports flowing in from Mexico, but the Biden administration says it still wants to help U.S. farmers.

Vilsack: Debt assistance offers more opportunities for help

10/21/22 3:10 PM By Hannah Pagel

The Biden administration's top ag official says $800 million in debt relief announced earlier this week will not only help distressed farmers facing foreclosure but provide “opportunities for more farmers to receive help.”

Inflation impacting plans for holiday grocery shopping

10/20/22 2:30 PM By Jacqui Fatka

This year, typical holiday stress is exacerbated by inflationary concerns, with 62% of shoppers reporting their grocery costs have increased year-over-year, according to the Food Industry Association’s U.S. Grocery Shopper Trends 2022 series focusing on holiday shopping. When it comes to holiday plans, 45% of shoppers are more concerned about the price of holiday meals than the price of travel or gifts.

Newsmakers

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Agri-Pulse Newsmakers

11.01.2024

Agri-Pulse Newsmakers: Nov. 1, 2024: WFP Laureate Cary Fowler at Borlaug Dialogue

2024 World Food Prize laureates Cary Fowler and Geoffrey Hawtin were honored for their life work protecting crop biodiversity at the Borlaug International Dialogue. We asked Fowler about the creation of the Svalbard Global Seed Vault.

Then, Jim Snee, CEO of Hormel, and his wife Tammy discuss Hormel’s Hometown Food Security Project, and Manuel Otero, IICA director general, spoke on farmers’ challenges to adopt new technology.

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