The U.S. farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,160 per acre for 2020, unchanged from 2019.
April proved to be a solid month for U.S. beef and pork exports despite COVID-19 related interruptions in production and declining purchasing power of some key trading partners.
After trending lower through the first four months the year, May pork exports to Japan increased 5% from a year ago, while export value, up 3%, was the highest in 18 months.
The USDA and FDA will both be involved in regulatory oversight of cell-culture food originating from livestock and poultry, better known as “fake meat.”
U.S. Beef exports has broke a value record, going over $750 million and the pork exports remains steady through out 2018. South Korea and Japan are the big for the U.S.
Great first quarter news as the U.S. Meat Export Federation reports beef export value set a new record in March at $693.1 million, up 18 percent year-over-year.