…price rose $0.30 per hundredweight in June, while the July federal order prices showed particular upward buoyancy for Class III,Class IV and even the lagged Class I prices. In the…
HFCS Prices Near Records as Usage Nears Lows
The four major U.S. corn syrup makers are raising prices at a time of slowing demand. Corn sweetener manufacturers like Archer Daniels Midland and Cargill sent letters to customers earlier…
Lower Meat Prices Stall Food Inflation
Consumer food prices in the U.S. were unchanged in July, thanks largely to declining meat costs. The Labor Department reports the consumer price index for meats, poultry, fish and eggs…
Louisiana Flooding Destroys $14 Million of Rice
…talking with extension agents in every affected parish, and using an average yield value of 7,100 lb/acre and an average rice price of $11 per cwt, Harrell came up with…
Prospects Good for Record Almond Crop
…current price. “You can’t have big prices every year,” he said. “The price levels out year to year. I’d like to have a little bit more, but I’m fine with…
Rural Mainstreet Economy Weakens
…Mainstreet Index fell below growth neutral. * Farmland prices remained below growth neutral for the 32nd straight month. * Bank CEOs reported a 6 percent decline in farmland prices over…
Indonesian Wheat Milling Executives Coming to America
…says it will also promote the advantages of soft white for great performance in cakes, cookies, and other soft wheat products. U.S. wheat has been at a price disadvantage against…
Farm Bureau Asks USDA for Emergency Dairy Assistance
…provide emergency assistance to the nation’s dairy farmers, against a backdrop of plummeting farm-level milk prices. In a letter to Agriculture Secretary Tom Vilsack, AFBF President Zippy Duvall noted that…
Pear Growers Say Supply, Demand Have Equalized
…year’s price, while Arceo said packers are paying an even-higher price in order to secure enough fruit for the fresh market. He estimated growers will average about $430 a ton…
NMPF Asks USDA for Assistance
NMPF Asks USDA to Provide Assistance to Dairy Farmers Struggling from Global Milk Price Depression As America’s dairy farmers endure the lowest milk prices since the Great Recession of 2009,…
China Extends Cotton Stockpile Sales
…China’s massive stockpiles, accumulated through an abandoned price support scheme, were overshadowing world cotton markets. Up until this year, China was the world’s top cotton purchaser. From the National Association…
Global Food Prices Slightly Lower
…vegetable oils, more than offsetting firmer dairy, meat and sugar prices. Average prices for cereal grains fell 2.8 percent for the month, and vegetable oil prices were down the same….
USDA Announces Assistance for Dairy Farmers
…level will receive payments. MPP-Dairy payments are triggered when the national average margin—or the difference between the price of milk and the cost of feed—falls below a level of coverage…
Safety Net Assistance for Milk Producers
…The narrowing margin between milk prices and the cost of feed triggered the payments, as provided for by the 2014 Farm Bill. “We understand the nation’s dairy producers are experiencing…