Meyer Breaks Down Expectation Of Meat Forecast

According to USDA chief economist, Seth Meyer, several upcoming USDA reports will compliment information released from the June Meat Production, export, and Price Forecast. “On the pork side some big $3 cwt increase for 2021 and that just reflects what we’ve observed about really great domestic demand and really great export demand.” Which, he noted, […]

Export Inspections of Corn and Soybeans Rise While Wheat Drops

Week-to-week exports of corn and beans rose while wheat assessments declined. Corn inspections in the seven days ending on April 22 came in at 1.95 million tons. That’s up from 1.56 million metric tons the previous week and was almost double the 1.08 million tons two weeks ago. Soybean assessments last week totaled almost 224,000 […]

Mexico Delays Decision On U.S. Potatoes

On Wednesday, the Mexican Supreme Court decided to delay its long-awaiting ruling on whether it will overturn a ban on fresh potato imports from the U.S. until next week at the earliest. Although processed potato products can still be imported into Mexico, fresh potatoes have been effectively banned from the country for over 20 years. […]

Focus On Fruit for 02/04/21

For today’s Focus On Fruit, we check in with Toni Lynn Adams with the Washington Apple Commission. If you have a story idea for the PNW Ag Network, call (509) 547-1618, or e-mail [email protected]

Milk Production Expected To Increase In Coming Year

What can the dairy industry expect in the year ahead? “We increased our milk production forecast for 2020 and also for 2021 and in both cases that reflects both higher milk per cow and higher cow numbers,” said World Outlook Board Chair, Mark Jekanowski. He added this comes in spite of higher feed costs, adding […]

Dairy Production Expected To Remain Strong

According to World Agricultural Outlook Board Chairman, Mark Jekanowski, American dairy producers have increased milk per cow. And in response, the USDA has increased milk production forecasts for both the current year 2020 and for year 2021. In addition, he notes butter remain strong in the export market. “We also see a lot of strength […]

AFBF: China Is Purchasing More, But Not To Expected Levels

Last week, the USDA updated trade data tracking export sales to China. American Farm Bureau Federation Economist Veronica Nigh said China has increased purchases of U.S. farm products, but is not on pace to reach commitments made in the Phase 1 trade agreement. “Certainly, China’s picking up the pace on their purchases just as we […]

How Could The Global GDP Impact U.S. Ag Exports

Typically, the Gross Domestic Product, better known as the GDP, grows every year, but not in fiscal year 2020. Global GDP is expected to be down by about 5% from 2019, thanks to the coronavirus pandemic. But according to USDA chief economist Rob Johannson, this is a bounce back year. “World GDP gross is expected […]