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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Land values are increasing faster than farm income, making it more challenging for young and beginning farmers to expand, but supporting equity for current landowners.
Smaller flocks and lower lay rates are pressuring table egg supplies, even as hatchery activity edges higher.
Strong corn exports are anchoring U.S. trade, while soybean sales remain steady, but shipments lag.
Smaller slaughter numbers across beef and pork signal tighter supplies into late 2025, while record-low veal production highlights ongoing structural changes in the sector.
Potash has seen the most significant decline, falling 11 percent over the same five-year period.