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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 ...
USDA Anticipates Large Wheat Crop
USDA Anticipates Large Wheat Crop
USDA Anticipates Large Wheat Crop
Wheat growers across Europe have dealt with some unpleasant weather this year, and because of that, the USDA has lowed its projections for EU wheat production.  But despite that drop, :"when you add it all up across all of the major producers, we're looking at record large global production,” noted USDA Outlook chairman Mark Jekanowski.  He added that...
Oil Prices Increase As Diesel Prices Continue To Slide
Oil Prices Increase As Diesel Prices Continue To Slide
Oil Prices Increase As Diesel Prices Continue To Slide
With many investors confident that the worst of the banking situation is behind us, oil prices are moving higher.  West Texas Crude prices increased roughly $4 in the past week, trading in the low-to-mid $70 per barrel range, which means gasoline prices are likely not far behind before moving up.  Despite...
USTR Hearing Before Senate Committee Gets Testy
USTR Hearing Before Senate Committee Gets Testy
USTR Hearing Before Senate Committee Gets Testy
Both parties challenged U.S. Trade Ambassador Katherine Tai repeatedly on the administration’s failure to negotiate market-opening free trade deals and even pursuing a ‘go-it-alone’ policy without consulting lawmakers on trade.   “Congres...
McKalip Discusses His Priorities At USTR
McKalip Discusses His Priorities At USTR
McKalip Discusses His Priorities At USTR
Doug McKalip says he is busy in his role as Chief Agricultural Negotiator with the U.S. Trade Representative’s Office.  He recently noted that he has a host of priorities on his to-do list.   “The first focus would be on keeping markets we have open. A lot of work has been do...
USDA’s Trade Mission to Spain Seeks to Boost Opportunities
USDA’s Trade Mission to Spain Seeks to Boost Opportunities
USDA’s Trade Mission to Spain Seeks to Boost Opportunities
More than 30 agribusinesses and farm organizations will visit Madrid, Spain, Tuesday through Friday this week, during a USDA trade mission.  Delegation members will engage directly with potential buyers from Spain and Portugal and receive in-depth market briefs from USDA’s Foreign Agricultural Service and industry trade experts and participate in site visits. Spain is the third-...
Company Developing AI to Accelerate Global Soil Restoration
Company Developing AI to Accelerate Global Soil Restoration
Company Developing AI to Accelerate Global Soil Restoration
Biome Makers, a global ag tech leader in soil health analysis, recently received a $1.6 million grant from the European Union, to help answer the need for strong solutions around soil biology in agriculture.  The EU recognizes the importance of BeCrop, the company’s soil intelligence technology, and the environmental and socioeconomic impact it has on farmers.  The grant wil...
Organic Trade Reaches $3.4 Billion in 2021
Organic Trade Reaches $3.4 Billion in 2021
Organic Trade Reaches $3.4 Billion in 2021
Earlier this week, Economic Research Service reported organic trade reached $3.4 billion in 2021.  Since 2011, there has been an uptick in the total value of imported organic products, partially because more products are being tracked and partially because more high-value organic products, such as blueberries and squash, are being imported into the United States.  The Uni...

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