Mark Jekanowski

USDA: Russia Dominating World Wheat Market
USDA: Russia Dominating World Wheat Market
USDA: Russia Dominating World Wheat Market
Back in the 1980s and 1990s, for Russia to feed its people, they had to purchase a large amount of U.S. grain, particularly wheat.  However, a lot has changed over the past 30 years.   “Russia has emerged over the past few decades to be the dominant global supplier of wheat," noted USDA Outlook chairman Mark Jekanowski.  He added roughly 25% of...
Sign Up Now For 2025 Ag Outlook Forum
Sign Up Now For 2025 Ag Outlook Forum
Sign Up Now For 2025 Ag Outlook Forum
Registration is now underway for next year's USDA Agricultural Outlook Forum.   “The theme of the event is meeting tomorrow's challenges today," noted World Agricultural Outlook Board chair Mark Jekanowski.  He added the 101st edition of the Forum is scheduled for February 27th through 28th at Crystal City, VA.  Like in past years, the...
USDA Expects Beef Production, Prices To Remain Elevated
USDA Expects Beef Production, Prices To Remain Elevated
USDA Expects Beef Production, Prices To Remain Elevated
Beef production expected up for both this year and next.   "Beef production was raised 210 million pounds for 2024," said USDA World Agricultural Outlook Board Chair Mark Jekanowski. "We've been seeing some increases here in heifer slaughter and also higher weights. So, that...
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 ...
Tough Times For Turkeys
Tough Times For Turkeys
Tough Times For Turkeys
It's not the greatest of times right now for the nation's Turkey producers.   “Production continues to decline and prices are declining as well.”    And that breaks the rules of supply and demand economics.  All of this from USDA's ...
U.S. Dairy Demand Remains High
U.S. Dairy Demand Remains High
U.S. Dairy Demand Remains High
This is an interesting time to be in the dairy business.  USDA Outlook Board chairman Mark Jekanowski said the U.S. has relatively tight supplies, and strong demand.  He added that the nation's dairies are churning out more milk, but not as much as was expected, or as much as consumers would like to see.   “Heifer su...
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...
USDA: Strong Milk Prices Expected Over Next Two Years
USDA: Strong Milk Prices Expected Over Next Two Years
USDA: Strong Milk Prices Expected Over Next Two Years
Lower production, higher prices, that’s the summary of USDA's August Dairy Forecast.   “We reduced our production forecast for both 2024 and 2025. We still expect year-over-year growth," said World Agricultural Outlook Board chairman Mark Jekanowski.  "So, 2025 productio...
Little Change Reported In Meat Production
Little Change Reported In Meat Production
Little Change Reported In Meat Production
Minor month-over-month adjustments were recorded in USDA's August look at meat production at prices for 2024.   “The overall story hasn't changed much from last month, and several of the previous months going back a while,” noted World Agricultural Outlook Board chair Mark Jakanowski.  He said that was re...

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