ag exports

Meyer: Beef, China The Biggest Takeaways from February Reports
Meyer: Beef, China The Biggest Takeaways from February Reports
Meyer: Beef, China The Biggest Takeaways from February Reports
While there may not have been a ton of news and information to come from the February crop production, supply and demand forecasts, there were a few nuggets of data mixed in.  USDA chief economist Seth Meyer said one of the biggest take aways has to do with this month's beef production and price forecast.   ...
USApple Fruit In Storage Higher From 2024
USApple Fruit In Storage Higher From 2024
USApple Fruit In Storage Higher From 2024
According to the latest numbers from USApple, the total number of apples in storage on February 1st was 130 million bushels, 5% less than last February 2024’s total of 137 million bushels.  This month’s number is also 11% higher than the five-year average.   Fresh ap...
Washington Grower Elected To Leadership At USW
Washington Grower Elected To Leadership At USW
Washington Grower Elected To Leadership At USW
Congratulations to Almira, WA wheat-farmer Mike Carstensen, who was elected the U.S. Wheat Associates next Secretary-Treasurer.  Carstensen will take office this July, and serve until June 2026.   Also, at last week’s meeting in Boise, USW voted to make current Secretary-Treasurer Gary Millershaski of Lakin, KS, the next Vice Chairman, and to make current Vice Chairman Jim Pellman of McClusky, ND
Trump Threatens to Take Back Panama Canal Control
Trump Threatens to Take Back Panama Canal Control
Trump Threatens to Take Back Panama Canal Control
President-elect Donald Trump may wish to reassert U.S. control over the Panama Canal.  Farmdoc says Trump accused Panama of charging excessive rates to use the passage, which drew a sharp rebuke from Panama’s president.  Speaking to supporters in Arizona, Trump also said he wouldn’t let the Canal fall into the wrong hands, warning of potential Chinese influence on the passage.   South American e.
Farm Trade Deficit Continues To Grow
Farm Trade Deficit Continues To Grow
Farm Trade Deficit Continues To Grow
The USDA is projecting another record Ag trade deficit this fiscal year as imports surge and exports lag.  USDA Chief Economist Seth Meyer says this is the 3rd year of this current trend.   “From ’23 to ’24, we saw more than a 10-billion-dollar year-over-year increase. This year, we’re looking at som...
Wheat Production, Demand Adjusted Down
Wheat Production, Demand Adjusted Down
Wheat Production, Demand Adjusted Down
A slight adjustment down in U.S. wheat production is just one of several contributors to lower global wheat production forecast in October.   “Down 2.8 million tons to 794.1 million tons, but that’ll still be a record high production," noted USDA World Agricultural Outlook Board chair Mark Jekanowski.  So, what does that ...
Why Does The Ag Trade Deficit Continue To Grow?
Why Does The Ag Trade Deficit Continue To Grow?
Why Does The Ag Trade Deficit Continue To Grow?
While the dollar value of U.S. food and Ag exports is falling.  “The import value has increased steadily over time and continues to do so,” said USDA economist Bart Kenner.  He added Ag exports are running about 3% below last year at this time, while the value of foreign agricultural products coming into the U.S. is up by 5%.  He said there ...

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