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U.S. forest products add more than $400 billion to the nation’s GDP each year.
Diesel near $6 per gallon raises harvest and transportation costs while adding another expense to already-tight farm margins. Mike Steenhoek with the Soy Transportation Coalition discusses rising diesel prices, transportation costs, and their impact on farmers.
Cattle producers remain frustrated as the U.S. prepares to bring in more foreign beef.
Canada’s new $1 billion Agri-Food Finance Fund will provide loans, not grants, for domestic food manufacturing and value-added processing projects.
Agriculture News
Lewis Williamson with HTS Commodities discusses harvest progress, crop yields, diesel prices, and Mississippi River conditions.
Growing biofuel demand is driving more soybeans toward domestic crush.
Ethanol exports jumped 41% as domestic gasoline demand weakened.
Washington Policy
Roger McEowen discusses the federal court ruling on H-2A wage rates and its implications for agricultural employers.
Analysts say lower tariffs could bring additional Chinese demand during harvest.
The USDA undersecretary will leave the agency to serve a five-year term in Rome.
World News
India’s growing edible-oil demand is creating opportunities for competing suppliers.
Strong U.S. demand for Argentine lean beef is giving exporters an attractive alternative to China, according to USDA Foreign Agricultural Service staff in Buenos Aires.
Lower feed costs are encouraging producers to keep cattle longer and add more weight.
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