…Bird Flu Milk Losses Emergency Relief Through ELAP To help mitigate the losses, the USDA tapped into its Emergency Assistance for Livestock, Honeybees, and Farm-Raised Fish Program (ELAP). Traditionally reserved…
USDA July Cattle Report Reveals Continued Decline in Herd Size
…cattle inventories shrinking, the supply of beef available to processors and retailers is expected to remain constrained. This may continue to place upward pressure on beef prices in the near…
California Almonds & Walnuts: Sonny Toor on Markets, Tariffs, Grower Strategy
…Prices Below Break-Even—But Buyers Must Be Warned Toor expressed concern about current almond prices, which he described as below growers’ breakeven points. “If buyers keep purchasing at unsustainable prices, one…
Red Meat Production Slips in June as Beef Output Declines
…for Beef Remains Strong Despite Price Increases One major question looming over the industry is how much longer consumers will be willing to pay high prices for beef. According to…
Los Gatos Tomato: Innovation, Labor & Water in Focus
…Factors include: High input costs and drought-shortened crops (2021–2022) Record tomato prices in 2023 GLP-1 weight loss drugs affecting national food consumption trends Still, Los Gatos remains strong thanks to…
Tomato Trade Shift Pressures U.S. Processors
…said. “Ultimately, we had the highest price on record for the cost of tomatoes in 2023.” But the industry’s record-high pricing didn’t hold. A bumper crop led to an oversupplied…
AgNet News Hour Thursday, 07-24-25
…the rise of weight-loss drugs affecting food demand. The episode also features timely updates on international trade wins for American ag, including new zero-tariff trade agreements with Japan, Indonesia, and…
Ground Beef Prices Hit Historic Highs Amid Supply Chain Strains
…latest Consumer Price Index data from the U.S. Bureau of Labor Statistics, the national average price for ground beef surpassed $6 per pound — the highest ever recorded since data…
AgNet News Hour Wednesday, 07-23-25
…in almond prices almost overnight. That drop could mean a 20% loss in projected profit for growers, potentially pushing some close to break-even levels. “Growers were feeling optimistic, and now…
New Tax Provision Eases Capital Gains Burden for Farmers
…tax payment. Understanding Capital Gains in Agriculture Capital gains taxes are incurred when a farmer sells an asset—such as farmland—for more than its original purchase price. The tax is based…
Cotton Acreage Drops Significantly Across the Belt
…between the Supplemental Coverage Option (SCO) and STAX (Stacked Income Protection Plan). Growers will now be able to enroll their seed cotton base acres in PLC (Price Loss Coverage) while…
Five-Point Food Safety Plan for Meat and Poultry Unveiled
…with state and local food safety agencies. By bolstering these partnerships, USDA aims to ensure consistent enforcement, more rapid response to safety concerns, and broader coverage across regions and facilities….
Tariff Disrupts U.S.-Brazil Beef Trade
…Supply Faces Price Pressure In the United States, a recent shortage of domestic cattle had led to a surge in demand for Brazilian beef. With the new tariff in place,…
Fertilizer Prices Steady as Brazil Potash Secures Funding
Fertilizer Prices Show Stability for Fifth Consecutive Week Fertilizer markets have remained relatively stable for the fifth week in a row, with no significant price movement in either direction. While…