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Shining Light on Farm & Food Policy for 20 Years.
Friday, March 29, 2024
American beef cattle are getting better quality grades than they used to, and some industry leaders think it's time to change the grading system to reflect that.
Supermarket prices were broadly steady in February as lower costs for dairy products, fruits, pork and chicken offset increases for beef, eggs, sugar and other products.
A new report from the Agriculture Department’s Economic Research Service projects the nation’s pork producers could soon be sending more product overseas than their poultry counterparts.
Lawmakers, beef groups and state agriculture officials are urging the Agriculture Department to reverse its recent decision to lift a long-standing ban on beef imports from Paraguay, citing concerns about the accuracy of the agency’s analysis of foot and mouth disease risks posed by the country.
Grocery prices rose just 0.1% in December for the second month in a row and are up 1.3% year over year as food inflation continues to moderate, according to the latest Consumer Price Index.
The USDA’s Economic Research Service on Thursday lowered its forecast for U.S. agricultural exports in fiscal year 2024 to $169.5 billion. That’s down $2.5 billion from USDA’s previous forecast in August and down $9.2 billion from exports in FY 2023.
Tyson Foods pointed to measures it’s taking to increase efficiencies in a challenging meat market as it reported lower sales for fiscal 2023’s fourth quarter and projected flat sales in 2024.