There’s been a lot of economic data released this week, most of it bearish and some of it unprecedented. Officially, the U.S. is in a recession, i.e. two quarters in a row of GDP contraction. Starting in the farm economy, the June Agricultural Prices Received Index (based on 2011) was 89.2. That was up 1 percent from May but down 4.9 percent from June 2019. Compared to May, producers received higher prices in June for milk and broilers and lower prices for hogs, eggs, and corn. In addition to prices, the indexes are influenced by the volume change of commodities that producers market. In June, there was increased monthly movement for wheat and decreased marketing of cattle. Milk prices were up on reduced supplies. The ma...
Accountability and a comprehensive approach to export programming
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What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...