TOP AG NEWS
Meat Exports Could Feel Impact of Port Strike As Peak Period Approaches
The port strike on the East and Gulf Coasts by the International Longshoremen's Association could have a notable impact on meat exports.
Hurricane Helene USDA Response Update
USDA Undersecretary Robert Bonnie said farmers in the states hardest hit by Hurricane Helene have approximately 20,000 crop insurance policies.
Commodity Price and Input Cost Concerns Cause Farmer Sentiment to Fall to Historic Lows
The September Purdue University/CME Group Ag Economy Barometer recorded its lowest reading since March 2016.
Corn and Soybean Harvest Ahead of Five-Year Averages
In the USDA's latest Crop Progress Report, 96% of the 2024 corn crop in the 18 top corn-growing states reached the dent stage.
California Increases 2024 Grape Shipments
The USDA reported that season-to-date export truck shipments of California grapes have increased 42% from last year.
Corn and Soybean Stocks Up 29% from Last Year
The USDA September Grain Stocks report reveals old-crop corn and old-crop soybean stocks are up 29% from last year.
Hurricane Helene Wreaks Widespread Agricultural Damage
Presidential disaster declarations have already been issued for Florida, North Carolina and Virginia.
Eastern Seaboard and Gulf Coast Ports Contemplate Strike
U.S. agriculture could experience major disruptions if a strike by dockworkers at Eastern Seaboard and Gulf Coast ports occurs today, October 1.
USDA Food Price Forecast Updated for 2024 and 2025
The USDA recently modified its forecast for food prices in 2024 and 2025. The report indicates food prices in 2024 are now expected to rise 2.2%, a smaller increase than previously thought.
New Auction Platform Allows Consumers to Buy Directly from Beef Producers
Ranchers are now able to sell high-quality beef on auction directly to customers through a new Bid on Beef platform.