India

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 March crop production reports and supply and demand estimates showed minor changes this week.  The U.S. orange production forecast rose slightly month over month, yet will still be down 25% year over year.    Turning to domestic commodity balance sheets, an upward adjustment in ending stocks for corn led to a decrease of 10 cents to the season ending average price, now at $6.60 a bushel. 

He says it all adds up.  When a specific U.S. food or farm commodity gains or expands access overseas, and that’s repeated several times over, the needle begins to move for the American Ag sector.  That according to Doug McKalip, Chief Ag negotiator at USTR.  He said they were able ...

In today's Focus On Fruit, Mark Powers looks back on the pros and cons of 2022.     If you have a story idea for the PNW Ag Network, call (509) 547-9791, or e-mail glenn.vaagen@townsquaremedia.com 

Oil prices climbed slightly over the past two weeks following the news that Russia is going to trim oil production in the months ahead.  Patrick DeHaan with GasBuddy said while Russian oil is facing sanctions because of the invasion of Ukraine, that does not mean this production cut won’t impact international prices.   “Much ...

As we wrap up 2022, many commodity prices are holding strong, despite bouts of volatility.  Dave Widmar, ag economist with Agricultural Economic Insights, said he expects the farm economy’s strength to continue into the New Year.   "In ge...

Oil prices have held fairly steady over the past couple of weeks.  West Texas Crude was down slightly to $85 per barrel in Monday’s trade.  But, despite the last of movement, fuel prices had been steadily dropping since early October.   So, why the disc...

U.S. imports of honey continue to rise as American production declines.  New data from Economic Research Service shows imports have exceeded domestic honey production since 2005 and accounted for 74% of total U.S. honey supplies in 2021.  Over th...

One University of Idaho professor says the wheat production picture globally is very concerning. Dr. Juliet Marshall said most are aware of the impact the war in Ukraine is having on not only getting grain in storage to markets in need, but also on planting this season...

"Lower". The word of note in USDA's outlook of global wheat supply and demand for June. World Agricultural Outlook Board Chair Mark Jekanowski says the primary factor behind a 1.4 billion ton decrease in worldwide production was a lower forecast for India ...