…While consumers will feel some relief, the declines aren’t as sharp as they were in July, when food prices dropped the most since 2008. Food prices do remain higher than…
USDA Program Feeds Children During Summer Months
…eligible children typically receive $391 per child for the summer, with higher rates for families in Alaska, Hawaii, and U.S. territories. Listen to Sabrina Halvorson’s This Land of Ours program…
USDA Releases Updated Trade Projections for 2022-23
…below the revised 2022 forecast. The decrease is primarily driven by lower exports of cotton, beef, and sorghum that are partially offset by higher exports of soybeans and horticultural products….
Interest Expense Ratio for Agriculture Stays Even with 20-year Average
…predicted interest expenses for 2020 at $18.0 billion, with a predicted interest expense ratio of 0.04. By February 2022, interest expenses for 2020 were estimated to be slightly higher than…
Funding to Boost Biofuel Sales
…use of biofuels derived from U.S. agricultural products. USDA is making the funding available through the Higher Blends Infrastructure Incentive Program (HBIIP). This program seeks to market higher blends of…
MSOB: Biological Sector Garnering More Interest from Large Companies
…issues are creating a more serious consideration for biological products. The increasing emphasis on climate change along with the cost and availability of crop inputs such as fertilizer are making…
Adult Obesity Increased During First Year of COVID-19 Pandemic
…Service shows that U.S. adults ages 20 and older reported a three percent higher prevalence of obesity during the first year of the COVID-19 pandemic. The study analyzed data from…
Fall Propane Supply Outlook
Fuel prices are lowering, but still high in many places. What does that mean for the fall propane supply and price outlook? That’s coming up on This Land of Ours….
Ag Groups Now Eagerly Await Implementation of Inflation Reduction Act
…Renewable Fuels Association. IRA contains $500 million to improve market development of higher blends of biofuels and new tax credits for incentivizing cleaner fuel adoption. About the Author Brian German…
Ukraine Shipping More Grain
…normally, that means lower prices for producers. That means less production. And because of the important role Ukraine plays in world markets, I think that means continued tight supplies,” he…
Good Year So Far for California Cotton, ‘Knock on Wood’
…been extraordinarily high. “If commodity prices were what they were a year ago, we’d be done for. I mean, these input prices are two or three times higher than what…
Shift in Table Grape Growing from Traditional Cultivars to Licensed Varieties
…more traditional varieties over the last few years. The industry seems to be adopting more of the licensed varieties which can offer more input efficiency and higher yields. “In California,…
Inflation Hitting Farm Families
…lower prescription drug prices. Republicans cite other economists at the Penn Wharton School of Business and Congress’ Joint Committee on Taxation that argued the bill Schumer hopes to bring up…
Higher Beef Prices Could Follow Shrinking U.S. Cattle Herd
…looking at higher beef prices continuing in their local meat cases. Due to high feed prices and severe drought, ranchers were forced to reduce their cattle herds. Grain prices have…