Florida’s current orange crop is facing historically low numbers.
According to USDA ERS’s Catharine Weber, “Forecast for 2024-2025 marketing year is 522,000 tons, down 35% from last season. If realized, this Florida orange crop would be the smallest in 95 years.”
This is, of course, a huge concern for prices as Florida oranges have historically played a big role in meeting market demand.
“Florida oranges continue to play a major role in the U.S. orange juice industry, accounting for about 50% of oranges used in domestic production last season. Historically, Florida oranges have dominated the U.S. Florida orange juice industry, with Florida oranges accounting for around 90% of domestic orange juice production as recently as the 2016-2017 season.”
Weber says that with so few oranges in production this year, USDA ERS expects orange juice imports to rise higher this year than in years past.
The National Cattlemen’s Beef Association (NCBA) and Public Lands Council (PLC) are praising the passage of a bill to delist gray wolves as an endangered species by the U.S. House last week.
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USDA Undersecretary Luke Lindberg told RFD-TV News that we can only guess what Congress will do down the road. Still, the USDA recognizes its responsibility to spend resources efficiently and effectively.
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Tight feeder supplies and lower placements indicate continued support for the cattle market, with regional impacts heightened in Texas by reduced feeder imports.
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Michelle Perez shares more about the American Farmland Trust’s resource to help farmers and producers plan soil health improvements.
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Jeff Johnston with CoBank’s Knowledge Exchange explains the growing role of Rural America in supporting the nation’s digital infrastructure.
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NRECA CEO Jim Matheson reacts to the U.S. House’s passage of the SPEED Act, which aims to streamline federal permitting for energy and infrastructure projects, and discusses its potential impact on rural communities.
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