…USDA and allow for greater efficiencies in the acquisition of commodities. Also, instead of having commodity grading and inspection in multiple USDA agencies, the Grain Inspection, Packers, and Stockyards Administration…
American Trucking Industry Watching NAFTA Negotiations Closely
…traded between the U.S. and Canada Watching While the trucking industry is an “indirect beneficiary” of NAFTA, it’s been a boon to the industry Indirect Agricultural commodities are an important…
Most U.S. Farmers Will Feel Impact from Hurricane Harvey
Hurricane Harvey stands to harm virtually all of U.S. agriculture, in some way. Many ports that ship agricultural commodities are in the path of the storm, from Texas to Louisiana,…
China Threatening Retaliation Against U.S. Over Trade Sanctions
…huge with some 1.4 billion people, and China has a growing middle-class that can afford U.S. commodities like beef and pork. From the National Association of Farm Broadcasting News Service….
ISU Study Shows No Impact of RFS on Greenhouse Gasses
…Standard (RFS) has substantially benefited the U.S. economy by lowering gasoline and crude oil prices, cutting crude oil imports, adding value to U.S.-produced agricultural commodities, and reducing U.S. greenhouse gas…
U.S. Moving Forward with WTO China Grains Case
…formal request. The U.S. Trade Representative’s office last year said global prices for the three commodities were lower than China’s domestic prices, yet the country did not maximize its use…
Fresno County 2016 Crop Report Shows Drought, Market Impacts
…also exported to 93 countries last year. This Crop Report is comprised of nearly 400 commodities, of which, 68 crops exceed $1 million in value,” said Wright. Several factors can…
New Academic Journal Study: RFS Offers Substantial Benefits to U.S. Economy
…by lowering gasoline and crude oil prices, cutting crude oil imports, adding value to U.S.-produced agricultural commodities, and reducing U.S. greenhouse gas (GHG) emissions. “The results confirm that the current…
Farm Labor Shortage May Drive Produce Prices Higher
…other crops because it’s much harder to preserve, especially compared to commodities like corn and grain. California lettuce farmers were actually hit hard by those spring rains that ended the…
Trucks Carry Majority of NAFTA Freight
…Freight by Mode Figure 2. Percent Change in Value of U.S.-NAFTA Freight Flows by Mode: May 2016-2017 Source: Bureau of Transportation Statistics, TransBorder Freight Data, https://transborder.bts.gov/programs/international/transborder/ The value of commodities…
Bankers List Goals for New Farm Bill, Ways to Prevent Farm Crisis
…their lenders to engage in multi-year business decision making. The organization wants Congress to provide producers ample funds for commodities, crop insurance and credit programs to help them weather a…
Love for Bacon Pushing Pork Belly Prices to Record Highs
…Chief Commodities Economist at FC Stone. A Market Watch Dot Com article says bacon no longer takes a back seat to the more prized cuts like pork chops and tenderloins….
Central California Cattle Suffer Under Heatwave
…were lost, but estimates are close to 10,000. The situation was exacerbated by a machinery malfunction slowing the rendering process at Baker Commodities Rendering Plant in Kerman. Carcasses were no…
U.S. Exports to Mexico Stumble
…commodities. The declines also come as U.S. farmers deal with low commodity prices and excess supply that have reduced farm income over the last few years. From the National Association…