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RECENT NEWS
31 Aug 2022
MT. JULIET, Tenn. (DTN) -- Agricultural exports will set a record in 2022 -- $196 billion -- but are expected to decline in 2023, according to USDA. The agency revised its export forecast upward for fiscal year 2022 by $5 billion from its May projection, largely due to increases in livestock, poultry and dairy exports. Next year, exports are projec...
30 Aug 2022
BOONE, Iowa (DTN) -- Agriculture Secretary Tom Vilsack said Tuesday he's not sure if the Foreign Agricultural Service (FAS) will be able to release its normal Weekly Export Sales and Shipments report on Thursday. Programming problems with the launch of a new sales data tool last week forced FAS to take down and retract some of the data released. "W...
30 Aug 2022
LINCOLN, Neb. (DTN) -- The Chinese government has suspended pork imports from Tyson Fresh Meats Inc.'s processing plant in Logansport, Indiana, pointing to issues with the company's pig feet purchased by China. The suspension comes at a time when seasonal demand for pork in China is growing due to cooler weather and upcoming festivals in the countr...
30 Aug 2022
MANHATTAN, Kan. (DTN) -- Kansas State University economists see 2022 farm incomes falling from the previous year, but they're more worried about what 2023 will look like. Gregg Ibendahl, KSU ag economist and associate professor, told attendees at the 2022 Risk and Profit Conference that he projects average net farm income for grain producers will l...
29 Aug 2022
The new crop corn year will begin on Sept. 1 and, as harvest begins, especially in states where the drought has been a factor, early reports are not that great. The Texas Farm Bureau reported that Central Texas corn yields and quality are down as farmers completed harvesting a crop hit hard by drought and hot, summer temperatures. "The yields were ...