Farmers across the United States had a challenging season last year. In Georgia, they endured a number of natural disasters. Estimates show more than $200 million worth of cotton was lost to hurricane damage.
The Farm Monitor shows us what agriculture groups and farmers are expecting for the new year.
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Record corn and sorghum crops boost feed grain supplies, while reduced soybean and cotton production tighten outlooks for oilseeds and fiber markets.
Food prices increased in December, but not as much as expected, according to the latest Consumer Price Index from the U.S. Bureau of Labor and Statistics.
Structural efficiency supports cattle prices and resilience — breaking it risks higher costs and greater volatility.
