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California Pork Prices Higher and Farmland Demand Strong
The Agribusiness Update
Prices for pork products subject to California’s Proposition 12 law have increased an average of 20% since the law began, and the ag economy has faced some challenges during the past year while farmland values remain strong.
Georgia Great Potato STEM Challenge and Farmland Demand Strong
The Agribusiness Update
Georgia students participating in the Great Potato STEM Challenge have a new understanding of how potatoes used for French fries grow, and the ag economy has faced some challenges during the past year while farmland values remain strong.
U.S. Wine Sales Slow and Net Cash Farm Income Down
The Agribusiness Update
U.S. and foreign winemakers are struggling to sell their product, and leaders are increasingly focused on anti-alcohol messaging, and USDA’s Economic Research Service forecasts U.S. net cash farm income will decrease 25.8% in 2024.
USDA Funding for Florida and Net Cash Farm Income Down
The Agribusiness Update
The USDA is allocating more than $5 million to Florida as part of a nationwide effort to strengthen the country’s infrastructure for pest detection as well as the nursery system, and USDA’s Economic Research Service forecasts U.S. net cash farm income will decrease 25.8% in 2024.
California OT Law Costs Workers and 2025 Dietary Guidelines
The Agribusiness Update
Since California’s new overtime law for farm employees took effect in 2019, there has been, on average, a decrease in farmworker’s hours and wages, and the 2025 Dietary Guidelines Advisory Committee will meet this Friday.
Cotton Projections Decrease and Gas Prices Drop
The Agribusiness Update
The latest USDA cotton projections for 2023/24 show global cotton beginning and ending stocks decreased by about ten million bales, and for the fourth consecutive week, the nation's average gas price dropped, falling 11.3 cents from a week ago to $3.55 per.
Panama Canal Limits Cargo and American Potato Export Records
The Agribusiness Update
The Panama Canal is restricting the number of cargo ships passing due to decreasing water supply, and American potato exports reach record value and volume records.
Panama Canal Limits Cargo and American Potato Export Records
The Agribusiness Update
The Panama Canal is restricting the number of cargo ships passing due to decreasing water supply, and American potato exports reach record value and volume records.
Corn Used for Fuel Higher and Farm Credit System's Income Down
The Agribusiness Update
USDA data shows corn used to make ethanol and other fuels increased month-to-month in June but were down year-over-year, and the Farm Credit System’s combined net income decreased 1.4% to $1.78 billion for the three and six months ending on June 30.
First Fuel Price Drop of 2023 and Net Farm Income Down 15.9%
The Agribusiness Update
The nation's average gas price posts the first weekly drop in 2023, and USDA's Economic Research Service's February Farm Income Forecast shows net farm income down 15.9% from last year.
First Fuel Price Drop of 2023 and Net Farm Income Down 15.9%
The Agribusiness Update
The nation's average gas price posts the first weekly drop in 2023, and USDA's Economic Research Service's February Farm Income Forecast shows net farm income down 15.9% from last year.
Census of Agriculture Underway and Gas and Deisel Prices Down Again
The Agribusiness Update
The 2022 Census of Agriculture is underway and due February 6th, and gas and diesel prices drop for the third straight week.
California's 16% GHG Emissions and Mexico's Ban on GMO Corn
The Agribusiness Update
California releases Greenhouse Gas Inventory Report for 2020 that shows a 16% decrease in transportation carbon, and Mexico appears to be moving ahead with its plan to ban GMO corn imports by 2024.
Wine Away Pt 2
Fruit Grower Report
Wine lovers have a locally made solution for the inevitable spill while enjoying your favorite red, and that is the stain remover Wine Away created in the heart of Walla Walla Wine Country.
Wine Away Pt 1
Fruit Grower Report
Wine lovers have a locally made solution for the inevitable spill while enjoying your favorite red, and that is the stain remover Wine Away created in the heart of Walla Walla Wine Country.
California Tomato Forecast Lower and World Food Prices Drop
The Agribusiness Update
California's tomato forecast is growing smaller thanks to water shortages, and World Food Prices drop in May for the second straight month.
Late Winter Calving and Brazil Lifts Tariffs on U.S. Ethanol
The Agribusiness Update
USDA study finds late winter calving better than spring for calf growth, and Brazil lifts tariffs on U.S. Ethanol.
Vilsack on Port Logjams and Ag Lending Down
The Agribusiness Update
Ag Secretary Tom Vilsack says pot logjams have eased a bit, and Ag lending activity slows.
Cosmic Crisp Volume Up and DPI Spent on Food Down
The Agribusiness Update
The volume of Cosmic Crisp apples available this year increases significantly, and Disposable Personal Income spent on food drops to 60-year low.
Fifth National Climate Assessment and DPI Spend on Food Down
The Agribusiness Update
Southeast chapter of the Fifth National Climate Assessment invites public to virtual workshop, and amount of Disposable Personal Income spent of food drops to 60-year low.