American farmers will produce record amounts of meat, poultry and milk this year. John Deere sales of ag and turf equipment are forecast to increase in 2018.
Ag bankers says land as collateral can be a viable option for additional farm loan. People are eating more meat, poultry and dairy products than ever before.
Farm revenue is expected to rise this year according to the USDA’s Economic Research Service. Farm bill talks continues and Harvey's impact will have a long lasting effect.
**The USDA’s latest cold storage report showed strong retail and export demand for meat.
Pork was down 10% on the year, despite record pork production during March, including a 68% drop in bellies, and beef supplies were 4% lower, even after a 7% year to year increase in production last month...
Last week - New York Senator Kirsten Gillibrand introduced legislation that would give the USDA mandatory recall authority over contaminated meat and poultry. Gillibrand says the American food safety system is failing to protect Americans - leaving thousands of people hospitalized every year with preventable illnesses...
The U.S. Meat Export Federation Market Expo began last week in Shanghai, China. The tour began with an overview of the Federation’s marketing objectives in China and an explanation of several market-access issues that impact U.S. meat exports into the region...
The United Nations’ Food and Agriculture Organization has reported the cost of meat increased 8.1 percent this past year across the world.