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Balanced Reporting. Trusted Insights.
Friday, September 29, 2023
The Agriculture Department expects net farm income to decline in 2023 amid falling agriculture commodity revenues, higher production expenses and a decline in direct payments from the government.
USDA has cut its forecast for the value of U.S. ag exports in fiscal year 2023 to $181 billion, a $3.5 billion reduction from the agency’s February prediction of $184.5 billion.
A new report from USDA's Economic Research Service says most consumers mistakenly assign health and environmental stewardship attributes to food labeled “natural,” putting food producers who use organic or antibiotics-free labels at a competitive disadvantage.
U.S. farmers are going to be producing and exporting a lot more grain and oilseeds for their respective 2023-24 marketing years, according to new forecasts released Thursday at USDA’s annual Agricultural Outlook Forum.
The Agriculture Department reduced its fiscal 2023 forecast for U.S. ag exports to $190 billion, a $3.5 billion drop from the agency’s last estimate in August, largely reflecting weaker expectations for soybean sales.
The Department of Agriculture Wednesday lowered its estimates for soybean yields, production and exports for the 2022-23 marketing year while acknowledging that Brazil will likely have a much larger harvest early next year.
A new report by USDA’s Economic Research Service demonstrates how federal risk management programs have changed and attracted more specialty crop producers, while also investigating the decision-making process for participation.
The USDA Tuesday raised its forecast for ag exports in fiscal year 2022 to $196 billion, but the department also predicted the value of overseas shipments will fall in FY 2023.
The nation’s organic dairies are growing in their ability to produce milk relative to the inputs in the production process, but not nearly at the same rate as other dairies in the country, according to new research from the Department of Agriculture.
The retaliatory duties imposed on U.S. farm exports as a result of the Trump administration's tariffs cost the American ag sector $27 billion from mid-2018 through 2019, according to a new analysis by USDA's Economic Research Service.
