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Milk Production Increased In April
Milk Production Increased In April
Milk Production Increased In April
When looking at the USDA’s April Dairy Outlook, there was a fairly sizeable month-over-month increase in dairy production.   “It just reflects a data revision increasing cow numbers based on the latest NASS report," said USDA World Agricultural Outlook Board Chair Mark Jankowski. "Also a little ...
USDA: Few Changes To International Domestic Wheat Markets
USDA: Few Changes To International Domestic Wheat Markets
USDA: Few Changes To International Domestic Wheat Markets
Not a lot of changes to report in USDA’s April global wheat production forecast.  But, there was some activity of note in the world wheat supply and demand ledger.   “In particular, we reduced Chinas wheat imports by three million tons this month, which brings them down to only 3.5 million tons of feed exp...
NASS: Apple Crop Is Rebounding Nicely
NASS: Apple Crop Is Rebounding Nicely
NASS: Apple Crop Is Rebounding Nicely
Some encouraging news for Apple growers after producer prices dropped to a four-year low last April in both nominal and real terms.   "Fresh apple grower prices reported by USDA NASS began to slowly increase in the first six months of the 2024-2025 marketing year,” said USDA economist Catharine Weber.  She added app...
Lower Beef Exports Reported In February
Lower Beef Exports Reported In February
Lower Beef Exports Reported In February
According to the U.S. Meat Export Federation, beef exports in February were down from 2024’s numbers.  Dan Halstrom, USMEF President and CEO, said a little over 98,000 tons were exported globally in February, a roughly 5% year-over-year drop.  Despite that ...
USDA: Weekly Export Sales Improve
USDA: Weekly Export Sales Improve
USDA: Weekly Export Sales Improve
The USDA says export sales of corn, beans, and wheat all rose week-to-week during the seven days ending on March 27th.   Wheat sales jumped to 340,000 metric tons from 100,000 tons the prior week and were 40% higher than the four-week average.  Ec...
USApple: Apple Numbers Off From 2023-2024 Season
USApple: Apple Numbers Off From 2023-2024 Season
USApple: Apple Numbers Off From 2023-2024 Season
According to the latest numbers from USApple, the total number of apples in storage on March 1st, was 113 million bushels, a 5% drop from last year’s number of 118 million bushels, but 13% more than the five-year average.     Fresh apple holdings this month totaled 81 million bushels, a 4% year-over-year dip from last year.  Meanwhile, process...
USDA Trade Deficit Continues To Grow
USDA Trade Deficit Continues To Grow
USDA Trade Deficit Continues To Grow
The USDA is out with the latest trade data for the current fiscal year.  Agriculture Department economist Bart Kenner takes a look at the latest export and import projections from October to January.   “Agricultural exports for fiscal year to date were $64 billion, up 2% from the previous year," he noted.  "Agricultural impo...

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