The current High Pathogenic Avian Flu outbreak has broken records since it began more than a year ago.
U.S. ag officials have spent $670 million dollars to try to get it under control. According to APHIS, the majority has gone to compensation for depopulated birds and eggs. The rest has gone to culling and disposal, personnel, state agreements, and field costs.
To date, HPAI has taken nearly 59 million birds and caused countless losses for producers.
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Trump’s upcoming talks raise hopes for U.S. soybeans, but China’s record purchases from Brazil and Argentina show America’s market share remains under heavy pressure.
USDA’s report shows wheat strength overall, with winter wheat yields setting records, while spring wheat and rye saw declines. Oats and barley remain constrained by record-low acreage despite stable or rising yields.
Bigger-than-expected corn and wheat stocks are bearish for prices, while soybean figures were neutral. Farmers may face additional price pressure as harvest accelerates.
Taiwan’s pledge to expand imports strengthens export prospects for U.S. row crops, livestock products, and specialty commodities, while the USDA’s broader trade push seeks to diversify farm markets globally.
The shutdown is yet another hurdle for producers navigating a challenging year marked by high input costs, volatile markets, and uncertain trade conditions.
Under this agreement, SCDA will administer a program covering infrastructure and timber losses, as well as future economic and market losses.