…were damaged. Oranges suffered losses of about $3.4 million, while the cost to mandarins reached $491,022 and grapefruit losses totaled $35,930. Other affected commodities include vegetables, with damage and losses…
Orange Juice Stuck in a Rut
…supplier, and investor interest has also shrunk because fewer people want to use futures to hedge risk. Prices have slumped approximately 17 percent in December. The liquidity drain out of…
Brazil Beef Exports Returning to the U.S. in 2018
…increase came in spite of a corruption scandal that led to food safety concerns and the temporary loss of export markets around the world. The bullish projections are based, in…
Purdue Releases 2018 Ag Economic Sector Forecasts
…meaning a possible return to more profitable prices in the next three years. Dr. Hurt says, even with more soybean acres next year, futures markets are suggesting a 2018 price…
Farmland Values Still High Despite Low Commodity Prices
Industry experts are scratching their heads over the relatively high price of farmland while commodity prices are still low. The two factors often have a strong correlation between each other….
Cruz Proposal Could Harm Renewable Fuels
…Illinois also says the cap would likely violate the U.S. Environmental Protection Agency’s RFS Waiver Authority as well. Farmdoc says any biodiesel price below $2.64 a gallon would lead to…
Conaway Applauds House-Passed Hurricane, Wildfire, and Natural Disaster Aid Package
Conaway House Agriculture Committee Chairman K. Michael Conaway (TX-11) applauded House passage of a supplemental appropriations bill to address the disaster losses suffered by millions of Americans across the country,…
NASS Research, Survey, and Technology Advancements in 2017 Serve U.S. Agriculture
…annual Honey report in March 2017. New data included prices for queens, expenditures, and estimates on pollination and other incomes. Additionally, NASS has combined the annual Colony Loss and the…
FSA – A Vital Source of Assistance to America’s Farmers and Ranchers
…operations. The new lending continued the recent growth in FSA’s farm loan portfolio. FSA highlights from the year include: Agriculture Risk Coverage and Price Loss Coverage (ARC/PLC) and Conservation Reserve…
Still Little to No Pesticides on 2016 CA Produce
…either destroyed or returned to its source. Businesses that violate California pesticide residue laws face loss of their product and fines. For example, in September 2016, DPR imposed a $10,000…
Improvements to Crop Insurance continue in 2018
…producers to customize their insurance coverage to best meet their risk management needs. This flexibility is especially important for producers having both irrigated and non-irrigated farming practices within the same…
Cruz Proposes Renewable Fuel Credit Cap
Senator Ted Cruz of Texas is proposing to cap the price of renewable fuel credits purchased by refiners at 10 cents, a mere fraction of the current market value. Prices…
USDA Highlights $40 Million in Infrastructure Investments in Rural Communities
…to resurface cracking and degraded roadways, reduce sediment build-up along the roads and improve drainage. Ponding on the existing surface creates a dangerous loss of traction when it rains. In…
Northey Nomination Still on Hold
…to reduce the price of biofuel credits but did not offer any “win-win” proposals to do so. Cruz is expected to propose a cap on RIN prices, but that’s an…