Feb 09
USDA’s most recent Farm Sector Income Forecast, released Feb. 7, anticipates a decrease in net farm income for 2023. U.S. net farm income, a broad measure of farm profitability, is currently forecast at $136.9 billion, down 15.9% from 2022’s $162.7 billion. This $25.9 billion decline erases the $21.9 billion increase that was forecast between 2021 and …
Feb 09
RON’s Dave Lanning has a pre-opening look at today’s agricultural Markets. Click the audio tab below for today’s report.
Feb 08
U.S. beef exports set annual records for both volume and value in 2022, according to year-end data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork exports finished lower year-over-year but export value was the third largest on record, trailing only the highs reached in 2020 and 2021. Pork exports continued …
Feb 08
The January 1 cattle inventory report published last Tuesday featured the expected declines in head counts for every class of cattle except for dairy cows, up a marginal 0.3%. The beef cow herd was reported at 28.9 million head, down 3.6% and off a bit more than some analyst expectations. The deep cut to beef …
Feb 08
The U.S. Department of Agriculture today announced the names of individuals who will hold senior staff positions in Washington, D.C. Cathy Cochran has been appointed Director of the Office of Communications Cochran previously served as Press Secretary at USDA during the Obama-Biden Administration, and she also held roles in the public affairs office of USDA’s …
Feb 08
Have you ever thought much about milo (grain sorghum)? I know that seems like a funny thing to ask, but as I was surfing through the internet this week looking for good blog ideas, I came across several articles talking about grain sorghum. That’s not all that surprising, considering that I am researching climate change, …
Feb 08
By Alisa Boswell-Gore Oklahoma State University turfgrass has scored another touchdown; this time at State Farm Stadium in Glendale, Arizona. This Sunday, Super Bowl LVII will be played there on Tahoma 31 bermudagrass, a turf variety developed by OSU researchers. The NFL’s conference championships were also played on OSU turfgrass on Jan. 29 — the …
