Food Inflation Eases, Farm Input Costs Stay High–USDA
The USDA says food inflation is easing, but not so for farm costs. Consumers may be getting a bit of a break from grocery price inflation which topped 11 percent in 2022. “So, for food at home
HPAI Continues Impact on Dairy, Poultry Industry
The current outbreak of Highly Pathogenic Avian Influenza, which traces all the way back to 2022, is unusual in not only the fact that it’s infecting dairy cattle, but also that cases are continuing to be diagnosed
Non-Real Estate Loan Activity Higher in 2024
As commodity prices have continued to drop, many producers may face economic losses with less balance sheet resiliency. The economists at Agricultural Economic Insights say recent loan data revealed that farmers utilized more non-real estate debt in
USDA Extends Comment Period for Sweeping Packers and Stockyards Rule by Only 15 Days
WASHINGTON – On Monday, National Cattlemen’s Beef Association Senior Director of Government Affairs Tanner Beymer released the following statement on the U.S. Department of Agriculture extending the 60-day comment period for their latest Packers and Stockyards proposed
Farm Expenditures Top $480 Billion in 2023
The USDA estimates 2023 farm production expenditures in the U.S. at $481.9 billion, up from $452.5 billion the previous year. The four largest expenditures totaled $238.7 billion and accounted for 49.6 percent of total expenditures in 2023.
New USDA Policy to Reduce Salmonella in Eggs
The Food Safety and Inspection Service issued a comprehensive proposed rule and determination to more effectively reduce Salmonella contamination and illnesses associated with raw poultry products. It’s the culmination of a three-year effort to reevaluate the FSIS
The U.S. Dairy Industry is Evolving
The U.S. dairy industry has evolved during the past 20 years, with fewer dairy farms producing more milk. The USDA’s Economic Research Service says this raised questions about how dairy farms have changed in size, location, use
Slight Changes in Latest Crop Progress Report
(WASHINGTON D.C.)– Nationwide corn condition improved slightly while soybean and spring wheat conditions decreased slightly according to the latest USDA Crop Progress report for the week ended July 28th, 2024. Corn was rated 68% good to excellent,
Changes to the Enhanced Coverage Option Insurance Program
The USDA announced changes to the Enhanced Coverage Option Policy Program beginning with the 2025 crop year. The Risk Management Agency is expanding coverage options to additional crops and increasing premium support to make the policy more