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Balanced Reporting. Trusted Insights.
Tuesday, April 15, 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.
The cost of groceries was flat in August as lower prices for vegetables, grains and baked goods helped offset price increases for beef, poultry, eggs and dairy products.
The Biden administration's effort to help farmers make money from cutting their greenhouse gas emissions is drawing interest from fruit and vegetable growers.
USDA on Wednesday increased its forecast for agricultural imports for fiscal 2024, while projected ag exports remain unchanged at $170.5 billion, boosting the estimated U.S. ag trade deficit to $32 billion.
USDA has finalized changes to the Supplemental Nutrition Program for Women, Infants and Children Tuesday that aim to boost fruit and vegetable consumption but include cuts to milk and dairy.
It’s long been a point of pride in American agriculture that the United States exported more than it imported in farm commodities, but that surplus has vanished and may not be coming back anytime soon.
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