Squash out of Michigan is in high demand! With Thanksgiving just around the corner, many grocery shoppers are craving fall favorites.
This year’s harvest, which began in June, supplied an ample amount of squash to meet that demand. The acorn squash supply flooded this year’s market, meaning prices are down.
Butternut pricing is comparable to last year and spaghetti squash is slightly up.
One family-owned company in Michigan says labor costs continue to influence the pricing of specialty crops.
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U.S. produce growers face a structural disadvantage—cheaper imports driving down prices while rising labor costs squeeze margins. Without new policies or technology, profitability remains uncertain.
China is making strategic moves by purchasing more soybeans from Argentina and may soon follow the EU and reopen its market to Brazilian chicken exports.
Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
Rollins says the new trade relationship with Taiwan, which is committed to buying a significant amount of U.S. soy, could not come at a better time for farmers facing financial strain.
The three-point plan was announced during remarks at the annual meeting of the National Association of State Departments of Agriculture.