Author: The Farm Report

Low water on Mississippi hits grain prices at the farm gate Farmers in the Midwest and the mid-South are paying the price for low water on the Mississippi River in the form of lower cash bids for their corn and soybeans — as much as $2 a bushel lower for… Continue reading

… a ‘Pretty Flat’ outlook for farm exports in 2023 After reaching a record high in 2022, U.S. farm exports will plateau amid a world of uncertainties, said the USDA chief economist on Tuesday. The strong dollar and slower economic growth worldwide will be a drag on exports, now forecast… Continue reading

Black Sea shutdown imperils global food security into 2023 ‘and perhaps beyond’ Ukrainian farmers and food-importing nations in the Middle East and North Africa will feel the pain of the Russian interruption of grain exports through the Black Sea corridor, said the IFPRI think tank on Monday. The importer nations… Continue reading

Biden says starvation will rise as Russia ends grain export deal UN and European leaders called on Russia on Sunday to revive the international agreement for grain exports from Ukraine, calling it crucial for stabilizing grain prices and keeping food flowing to tens of millions of people. Farmers say cover… Continue reading

U.S. is driest in a decade, as drought moves eastward More than six of every 10 acres in the continental United States is in drought, with arid conditions stretching from the Appalachians to the Pacific Coast, said the weekly Drought Monitor on Thursday. Conditions worsened in the Ohio Valley, as… Continue reading

Broadband projects nationwide get $759 million in USDA funds In the biggest USDA broadband announcement of the year, Agriculture Secretary Tom Vilsack said on Thursday that 49 projects will receive $759 million to bring high-speed internet access to rural communities from North Carolina to California. With the new funding, the… Continue reading

Persistent food inflation will extend into 2023, says USDA The high food inflation rate this year will bleed into 2023, said the Agriculture Department on Tuesday, raising its forecast for the new year to 3.5 percent. It was the first adjustment since USDA economists began inflation forecasts for 2023 in… Continue reading

Economy is top issue for rural voters, who expect worse to come — poll By far, inflation is the No. 1 issue in rural America ahead of the midterm elections, said the Daily Yonder Rural Poll on Monday. Six of every 10 of the likely voters in the survey said… Continue reading

Global deforestation slows but not enough for climate goals At the Glasgow climate summit a year ago, 145 nations agreed to reverse forest loss and land degradation by the end of the decade as part of a strategy to slow global warming. The rate of deforestation has slowed modestly, to… Continue reading

Drought in Plains and Southeast, says NOAA’s winter forecast Winter will be drier and warmer than usual for the central to southern Plains and the Southeast, said government forecasters on Thursday, suggesting there would be little drought relief in major wheat-growing states or precipitation to restore water levels in the… Continue reading