The Iowa Congressional Delegation is raising concerns about a virus impacting turkey farms in the state and beyond. It is called Avian Metapneumovirus (aMPV), and lawmakers want USDA to help turkey producers already affected.
The respiratory virus affects birds for up to a month, impacting reproduction, and a potential decline in eggs. Lawmakers say it was detected in the fall of 2023 and has spread to all turkey producing states.
Senator Chuck Grassley says without quick help, many farms hit by the virus are in jeopardy of closing. A vaccine has been developed for the virus, but the National Turkey Federation says the process is too long.
“However, when an entire industry is at significant risk, it should take a matter of months, not more than a year, for a widely-used and well-established global vaccine to be imported and available for use. I would encourage the Committee to use your experience in evaluating USDA’s review process to ensure a faster, more efficient response to future animal disease outbreaks,” said John Zimmerman.
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AFBF Economist Samantha Ayoub discusses the latest data on Chapter 12 farm bankruptcy filings and what the troubling trend signals for the farm economy. At the same time, bigger loans and higher rates are squeezing working capital and increasing financial risk.
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Corn demand remains supportive, but weaker soybean buying limits overall export momentum.
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