The agricultural production losses associated with Hurricane Ian, the University of Florida Institute of Food and Ag estimates a potential loss of up to $1.56 billion for Florida producers.
A coalition of ag and business groups is imploring Governor Gavin Newsom and the California Legislature to boost water storage and supplies as the drought threatens food, energy and housing sectors.
The USDA Economic Research Service updated their net farm income forecast for 2019, now expects net farm income to increase $4.0 billion or 4.8% from 2018 to $88 billion.
Trade talks continue between the U.S. and China. Officials from the U.S. traveled to Beijing two weeks ago and the two parties moved back to Washington D.C. last week.
With Trump tariff payments boosting Corn Belt farm revenue, farmer confidence shot to its highest level since last June, just before the trade war with China began.