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USDA keeps U.S., world supply, demand changes minimal

The USDA trimmed domestic corn ending stocks a little bit on the lower 2024 crop production estimate, leaving export demand untouched for now, and slashed soybean ending stocks on the smaller crop, while also reducing exports and domestic crush. U.S. wheat ending stocks were...

Next USDA Supply & Demand report out Friday

An agricultural economist says farmers need to be watching several things ahead of Friday’s USDA World Agricultural Supply and Demand Estimate (WASDE). Brian Basting, with Advance Trading, says keep an eye on U.S. export numbers. “I think they will increase exports for corn compared...

Farmer-focused school food supply chain presents opportunities

The chair of the National Farm to School Network says creating farmer-focused incentives could provide greater food supply chain resiliency. May Tsupros tells Brownfield, “In the United States, school food is the country’s largest restaurant.” “If we can invest in getting local food into...

Domestic ethanol supply tightens

The U.S. ethanol supply dipped to a near one-year low last week. The U.S. Energy Information Administration says domestic stocks hit their lowest level since early December 2023 at 21.771 million barrels, a decrease of 452,000 on the week. That is an increase of...

Workforce disruptions put the food supply chain at risk

A food economist says he’s concerned disruptions to the migrant workforce could ripple effects throughout the ag economy. David Ortega with Michigan State University says it would immediately drive up labor and food costs. “It may push many small operations out of business since...

Mass deportation could significantly harm the food supply chain

A food economist says there would be severe repercussions throughout the food supply chain if a new administration was to implement mass deportations. David Ortega with Michigan State University says losing more than a million undocumented farmworkers would drive up labor and food costs...

MSU digs into supply chain resiliency needs

Michigan State University is incorporating supply chain resiliency across agricultural and business programs to better prepare future industry leaders.   Ian Olson will lead the effort and serve a co-director of the Center for Regenerative Agriculture. “I think it’s good that there’s been a...

Ethanol production up as supply dips

U.S. ethanol production climbed higher over the past week. The U.S. Energy Information Administration says production averaged 1.081 million barrels per day, up 39,000 on the week and 41,000 on the year. Iowa State University’s Center for Agricultural and Rural Development says estimated operating...

AVMA says veterinarian supply looks stable, shortages localized

Strong demand for veterinarians continues to attract new graduates toward companion animal practice. John Volk with Brakke Consulting tells Brownfield companion animals make up about three-fourths of veterinarian services and filling demands in rural areas can be challenging. “Because the market has been so...
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