U.S. dairy herd on the mend

Last week’s USDA Milk Production report showed January output (24 major states) up 1.2 percent compared to January last year. December production was revised and is now up 1.3 percent from December 2018. In total, 2019 milk production was up 0.4 percent YOY on [...]

Dairy prices retreat as coronavirus spreads

As confirmed coronavirus cases and fatalities mount—mostly but not solely within mainland China—dairy prices eased in the most recent Global Dairy Trade auction falling by nearly 5 percent. Travel restrictions and reduced growth forecasts as a result of the virus are curbing future demand [...]

December hog population up 3 percent YOY

In the recent Hogs and Pigs report, USDA put the U.S. swine herd at 77.34 million head as of Dec. 1, down less than half a percent from the Sep. 1 count and up 3 percent from December 2018. The average growth rate for [...]

Chinese Year of the Pig finishing with 40 percent fewer swine

Ironically, the Chinese Year of the Pig has seen a dramatic reduction in China’s hog population as Asian swine fever saw hundreds of thousands of animals culled. The Chinese government is encouraging provinces to begin pig breeding to help populations recover and is investing [...]

Farm Bureau tallies cost of Thanksgiving dinner in 2019

The American Farm Bureau (AFB) reports that the cost for a Thanksgiving dinner went up in 2019: By exactly one penny. Per AFB, the average cost of Thanksgiving dinner for 10 people is $48.91, up from $48.90 last year. This nominal increase follows three [...]

Higher prices help lift dairy herd

October saw the second consecutive increase in the U.S. dairy herd as higher prices for products like cheese and non-fat dried milk (NFDM) helped lift milking revenues. The November Milk Production report showed that the 24-state number and total U.S. herd recovered by 5,000 [...]

Mexico continues to be great trade partner for U.S.

U.S. agricultural exports to Mexico grew over 32 percent from 2009 to 2018, per USDA. In 2018, Mexico was the top export destination for U.S. corn, dairy, poultry meat and eggs, sugar and sweeteners, distillers dried grains, and more. Additionally, the country is in [...]

Fallout from USDA’s move out of Washington

The National Institute of Food and Agriculture (NAFA) and the Economic Research Service (ERS) have each lost between 50 and 75 percent of their staff since June 2019. That is when U.S. Secretary of Agriculture Sonny Purdue announced these two USDA agencies would be [...]