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Equipment sales falter as farm income slows, tariffs a concern, say regional Feds
Farm equipment sales are slowing alongside the downturn in farm income, creating a headwind to overall U.S. investment activity, said the Beige Book, a summary of economic conditions in Federal Reserve Bank districts. In discussing agriculture, the St. Louis Fed said some businesses were building inventory in anticipation of potential tariffs on imported goods.
Reports of three new human cases of bird flu include California child
Arizona health officials said two workers employed at poultry farms have recovered from mild cases of bird flu while the public health agency in Marin County, north of San Francisco, said it was investigating a possible bird flu infection of a child. If confirmed by the CDC, the U.S. total for bird flu infections would rise to 61 people in eight states this year.
USDA orders testing nationwide for bird flu virus in milk fresh from the cow
The Agriculture Department will launch a testing program next week that looks for the bird flu virus in milk fresh from the farm to get a clearer picture of the prevalence of the H5N1 virus among U.S. dairy herds. Agriculture Secretary Tom Vilsack said the tests would complement ongoing …
Farm groups prod Congress for economic relief
With two weeks left in the congressional schedule for this year, time is running out for lawmakers to provide financial relief to agriculture, said two farm groups. "It is imperative that they address the well-defined and fully substantiated needs of farmers just trying to hold on for another season," said Zippy Duvall, president of the American Farm Bureau Federation.
Today’s quick hits, Dec. 9, 2024
So, will prices rise or not?: President-elect Donald Trump said in a televised interview that tariffs “cost Americans nothing”; but when asked about estimates they could raise prices, he said, “I can’t guarantee anything. I can’t guarantee tomorrow.” (NPR) …
FDA is doing ‘not much’ against diabetes and obesity epidemics, says Sanders
The Food and Drug Administration ought to take on the food industry to protect Americans from ultra-processed foods loaded with salt, fat, and sugar, said Senate Health committee chairman Bernie Sanders on Thursday. “That is your job,” Sanders interjected when FDA commissioner Robert Califf said improvements in the U.S. diet will require societal consensus over the long term.
One mutation could make H5N1 a greater threat, researchers say
While there has been no sign of person-to-person spread of bird flu, researchers said on Thursday that a single mutation in the H5N1 avian influenza virus could enhance the virus’ ability to attach to human cells. That could potentially increase the possibility of transmission among humans, said the study, led by a team of scientists at the Scripps Research Institute.
Today’s quick hits, December 6, 2024
Ukraine keeps exporting grain: Despite lower yields and the loss of cropland because of the Russian invasion in February 2022, Ukraine has maintained its presence as a major corn and wheat exporter, said analysts. (farmdoc daily) Loeffler to head SBA: President-elect Donald Trump said he would …
Negotiate before applying tariffs, Farm Bureau says
The largest U.S. farm group would prefer negotiation, rather than a salvo of tariffs, as the first step in resolving U.S. disputes with other nations, said the American Farm Bureau Federation’s chief economist on Wednesday. “I think it’s important, when we’re talking about friends like Mexico and Canada, that we talk first,” said economist Roger Cryan. “And think about shooting later.”
Raw Farm recalls all unpasteurized whole milk and cream products
A Fresno dairy recalled all of its unpasteurized whole milk and cream products following “multiple bird flu detections in the company’s milk and dairy in the past week,” said the California Department of Public Health. Meanwhile, on Wednesday, the Centers for Disease Control confirmed the 32nd human case of bird flu in the state.
Today’s quick hits, December 5, 2024
Gray defeats Duarte: Former state legislator Adam Gray, a Democrat, edged Rep. John Duarte, a Republican member of the House Agriculture Committee, to win election to the House from a Central Valley district in California. (Associated Press) Navarro picked for trade role: Peter Navarro, who …
Strong livestock revenue slows decline in U.S. farm income
Farm income is down for the second year in a row, with receipts from corn and soybeans — the two largest field crops — off by a combined $23.5 billion from 2023 levels, but higher than expected livestock revenue is a counterweight, said the Agriculture Department on Tuesday. It estimated net farm income, a broad measure of profits, at $140.7 billion this year, down by $6 billion from last year but still the fourth-highest level on record.
Judge overturns USDA rule on genetically engineered plants
The Agriculture Department shirked its duties in a 2020 rule that exempted genetically engineered plants from pre-market review if they were unlikely to pose an environmental risk, ruled U.S. district judge James Donato on Tuesday. Donato overturned the rule, issued during the first Trump administration, and told USDA to reconsider it.
A ‘Trump bump’ on the farm, with a dollop of trade war anxiety
As it did eight years ago, Donald Trump's victory in the presidential election has ignited a surge of enthusiasm among farmers, although two-fifths of them say there is a risk of a damaging trade war, said a Purdue University poll released on Tuesday. The Ag Economy Barometer, a gauge of farmer confidence, surged 30 points to its highest reading since May 2021.
Today’s quick hits, Dec. 4, 2024
Klobuchar is No. 3 leader: Minnesota Sen. Amy Klobuchar, who was expected to become the senior Democrat on the Senate Agriculture Committee in January, was elected as the third-ranking leader among Senate Democrats, chairing the steering and policy committee. (Senate Democrats) Expect 45Z rule …
Boozman calls for ‘significant’ farm aid this year
Congress should authorize "significant economic assistance" to farmers before the end of this year to offset lower commodity prices and high production costs, said the senior Republican on the Senate Agriculture Committee on Monday. "Federal assistance must support agricultural producers facing market losses and it needs to happen quickly," said Arkansas Sen. John Boozman with Congress scheduled to adjourn in three weeks.
Imports own the olive oil market in the United States
Domestic production of olive oil, based mostly in California, is six times larger than it was 20 years ago but it amounts to less than 2 percent of the U.S.'s steadily growing consumption, forecast to be more than 400,000 metric tons this year, say USDA analysts. Drought in Europe, the major producer, drove import prices to record highs but they are projected to decline in the year ahead as production recovers.
Today’s quick hits, Dec. 3, 2024
57 people with bird flu: Two additional human cases of bird flu were confirmed in California, raising the state’s total to 31 and the U.S. total to 57 cases since the viral disease was identified in dairy cattle in late March; almost all involve dairy and poultry workers. (CDC) SNAP …