commodities

Despite water shortages and continued drought in 2021, California farms and ranches took in $51.1 billion in cash receipts, a 3.6% increase over 2020.

Landowners told the USDA they’ll take 1.7 million acres out of the long-term Conservation Reserve and put it back into crop production, betting on profits from sky-high commodity prices.

The NCBA and the Public Lands Council expressed opposition to the U.S. District Court’s ruling to remand and vacate the Endangered Species Act Delisting of the gray wolf.

USDA is leveraging its authority under the Conservation Reserve Enhancement Program to bring in new types of partners and expand opportunities in voluntary conservation.

China stepping up more corn purchases as buyers seek out cheap imports. Biofuel industry is split on the blend of biofuel in the gasoline and diesel supplies.

**A growing concern among U.S. lawmakers and food manufacturers that they’ll see the price of sugar go up if the sugar refining industry gets what it’s demanding from Mexico. A group of 51 House members has signed onto a letter to Commerce Secretary Wilbur Ross not to go through with some proposals like raising the floor price for raw and refined sugar and funneling some raw sugar imports directly

**Grocery prices declined to a 50-year low last year. The USDA says retail food prices dropped 1.3 percent, the first ANNUAL decline since 1967. Increased production of many commodities, lower transportation costs and a strong dollar were some of the reasons for the declines...