Feb. 18--The U.S. Department of Agriculture on Thursday released its annual long-term projections for the agriculture industry, with the forecast going out to 2023.
Below are some bullet points from the 93-page report:
High commodity prices led to record values of U.S. agricultural exports and U.S. net farm income in 2013. Projected reductions in prices for most major crops over the next several years will result in declines in export values and farm cash receipts through 2016. While net farm income is projected to stay below the 2013 record, it remains well above the average of the previous decade (2001-10).
Strengthening global food demand, a weak dollar, and continued biofuel demand,...
Feb. 15--Net farm incomes are in for a 27 percent drop this year, according to federal economists, though Montana agriculture groups say they may miss the worst of it.
The forecast, released this week by the U.S. Department of Agriculture's Economic Research Service, puts net farm income at its lowest point since 2010 and credits much of the drop to falling prices for corn, a crop that isn't widely grown in Montana.
Still, state farmers are bracing for lower prices after four straight years of record growth.
"Most farmers right now are thinking prices are going to continue to fall, but there's still some optimism," said Lola Raska, Montana Grain Growers executive vice president.
“Although many of us are entertained through the television programming that we choose, we must realize as consumers that what is portrayed by actors is just that, acting. Chipotle’s latest advertising campaign, ‘Farmed and Dangerous,’ generates fictitious information about animal agriculture, specifically the animal feed industry. Providing consumers with erroneous information about the food system prevents them from making adequate choices about the food available to them and their families. And the ability to make educated choices about the foods we consume is something AFIA members take great pride in helping consumers with.
“AFIA is disappointed with the Mexican food chain’s...
WASHINGTON (Feb. 5) – The National Grain and Feed Association (NGFA) submitted extensive statements recently to the U.S. Food and Drug Administration (FDA) in response to two proposed rules issued to implement provisions of the Food Safety Modernization Act (FSMA).
The first FDA proposal would require importers to verify the safety of foreign foods and feed/feed ingredients imported and intended for use in the United States, while the second would establish criteria under which the agency would recognize and accredit third-party auditors that perform safety audits for such products.
In its statements, the NGFA provided more than 30 pages of suggestions and comments for the FDA to...
HOUSTON (ICIS)--The US Department of Agriculture (USDA) increased corn exports by 150m bushels, which lowers current ending stocks to 1.481bn bushels, in the release of the February World Agricultural Supply and Demand Estimates (WASDE) report on Monday.
With the revised figures the USDA is now projecting exports will total 1.6bn bushels and is giving some expectations that crop prices will hold firm heading into the 2014 planting season which will commence in the key growing regions over the next six weeks as weather permits.
In January the agency had projected there would be about 1.631bn bushels carried over but the latest USDA estimate paints a picture of a market growing...
Arlington, Va., February 6, 2014 – The American Feed Industry Association today announced its membership in the newly formed Coalition for Safe Affordable Food (www.CFSAF.org), joining a national effort to urge Congress to quickly seek a federal solution and establish standards for the safety and labeling of animal feeds, pet foods and human foods and beverage products made with genetically modified ingredients.
“AFIA firmly believes there should be a federal GMO labeling solution protecting consumers by ensuring the safety of both food and feed ingredients produced through the use of modern agricultural biotechnology,” said Leah Wilkinson, AFIA director of ingredients, pet food and...
Feb. 05--The federal drought aid announced Tuesday could bring drinking water to some beef cattle, improved irrigation systems for some farmers and soil erosion controls for those who will not grow a crop this year.
The U.S. Department of Agriculture is providing $20 million to California, a small fraction of the federal aid that could come if the drought does not ease.
Part of the money is aimed at areas that have lost at least 85 percent of their irrigation allotments. They include parts of the western and southern San Joaquin Valley, where many farmers expect zero water from the California State Water Project and the federal Central Valley Project this year.
The American Feed Industry Association’s annual Purchasing & Ingredient Suppliers Conference is quickly approaching and we don’t want you to miss out! This year’s PISC will take place in Las Vegas, Nev., March 12-14, inside Caesars Palace Hotel. The early-bird deadline and hotel cut-off are this Friday, Feb. 7.
Arlington, Va., January 22, 2014 -- The American Feed Industry Association’s Equipment Manufacturers Committee is now accepting applications from universities for its two new scholarship opportunities. The scholarships, valued at $2,500 each, will support students who have chosen educational pathways in the feed and grain industry at a qualified, higher educational institution.
“The first EMC scholarship partnership began with Kansas State University,” said Keith Epperson, AFIA’s vice president of manufacturing and training. “With the help of IFEEDER (the Institute for Feed Education & Research), EMC is now searching for two additional universities to partner with beginning in spring...