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 ...
According to the American Farm Bureau Federation’s 37th annual Thanksgiving Dinner survey, which looks at the cost of the meal for ten, this year’s turkey dinner will cost roughly 20% more than last year, and 36% higher than 2020. This year’...
The Black Sea Grain Export Deal, due to expire Saturday, was extended for another 120 days, but Reuters said Moscow wants its own demands in the deal to get more fully addressed. The agreement protects a sea transit corridor and was intended to help alleviate a global food shortage. Ukraine...
The U.S. Poultry and Egg Association, National Chicken Council, National Turkey Federation and United Egg Producers recently released an updated economic impact study. The study highlights the poultry industry's positive impact on jobs, wages, and federal and state revenue in the United States. Th...
On Thursday, a resumption of grain shipments from Ukrainian Black Sea ports, after Russia rejoined an international agreement allowing safe passage of Ukraine cargo ships. That announcement came after days of uncertainty after Vladimir Puttin’s government temporarily withdrew from the original agreement. USDA chief ec...
A new analysis from CoBank suggests consumers will see smaller turkeys and higher-priced bird this Thanksgiving season. After grappling with staff shortages, plant closures, and supply issues, the turkey industry has been hit by yet another problem in 2022: the worst Highly Pathogenic Avian Influenza outbreak in U.S. histor...
It looks like that Thanksgiving dinner is going to be more expensive this November. Turkey prices are 73% higher than last year and analysts say they could stay that way through the holiday. The dramatic increase is largely due to the spread of bird flu, which led to a smaller supply. Accordi...
U.S. export numbers of eggs, turkey, and pork in the first half of 2022 were all down compared to the first half of last year, but exports of broiler meat and beef were higher.
Egg and turkey exports, down 38% and 20%, respectively, were hurt by the outbreak of Highly Pathogenic Avian Influenza. Eg...
The United States is looking for proof Russia is upholding its end of a Turkish-brokered deal to free up Ukrainian grain exports. The agreement, if kept, could partially end a months-long Russian blockade of ports that remain under Ukraine’s control, especially the port of Odessa.
“To da...