FB Market Intel

Market Intel on farm economy and policy from American #FarmBureau / Subscribe: / Weekly appearances on @OfficialRFDTV

[FB Market Intel @FBMarketIntel]

Want instant updates from @farmbureau #Economics staff on policy and market issues impacting #agriculture? Subscribe here: https://t.co/9dpspX51jo

[FB Market Intel @FBMarketIntel]

Farmers are bracing for potential market disruptions as an East Coast port strike looms. A must-read article on the impact on U.S. ag exports, imports, and your grocery bill. #Agriculture #Trade https://t.co/S11xy47Ztm

[FB Market Intel @FBMarketIntel]

"In this Market Intel, we dive into the criteria for two of the more complicated eligibility requirements: adjusted gross income (AGI) and actively engaged in farming (AEF)." @thebettybest
https://t.co/hCr1919xzw

[FB Market Intel @FBMarketIntel]

"As of the week of Sept. 11, rates have ticked up to over 900% of their underlying tariff, reflecting the impact of water levels on transportation costs." @DMUNCH912
https://t.co/DbvvjnMyA9

[FB Market Intel @FBMarketIntel]

https://t.co/nmvvEpzfXb

[FB Market Intel @FBMarketIntel]

"Dry conditions have also returned to the Mississippi River region, lowering water levels, which could again complicate transportation during the most important agricultural shipping period of the year." @dmunch912 https://t.co/0iK604lSCm

[FB Market Intel @FBMarketIntel]

Demand in places like Asia has been more depressed than expected. U.S. exports in terms of volume for the first half of 2023 have been down 6% in China, 16% in Japan, 32% in the Philippines, 17% in Indonesia and 45% in South Korea.

[FB Market Intel @FBMarketIntel]

June was the sixth consecutive month with calculated milk margins below the upper $9.50 per hundredweight trigger cutoff, at just $3.65 per hundredweight.
https://t.co/pqPJv5NFAw

[FB Market Intel @FBMarketIntel]

For the month of June, the Farm Service Agency reported a $3.65 per hundredweight milk margin above feed costs, the smallest margin since the Dairy Margin Coverage program was authorized in the 2018 farm bill.

Read the latest from @DMUNCH912
https://t.co/pqPJv5NFAw

[FB Market Intel @FBMarketIntel]

"The U.S. average farm real estate value, a measurement that includes the value of all land and buildings on farms, clocked in at a record $4,080 per acre." Read the latest from @DMUNCH912
https://t.co/tCbUG5FQZI

[FB Market Intel @FBMarketIntel]

"Much of the decline in grocery store market share for at home spending has been the growth of warehouse clubs and supercenters and home delivery."
https://t.co/IQwKtUgaNQ

[FB Market Intel @FBMarketIntel]

"In 1997, grocery stores accounted for 72% of food at home expenditures. In 2022, grocery stores took up only 54.2% of at home food spending."
Read the latest from @dmunch912

https://t.co/IQwKtUgaNQ

[FB Market Intel @FBMarketIntel]

Read the latest from @dmunch912 https://t.co/ODHhwqlxvr

[FB Market Intel @FBMarketIntel]

Read the latest on Federal Milk Marketing Orders from @DMUNCH912 below!
https://t.co/2gPgSEwqj3

[FB Market Intel @FBMarketIntel]

Read the latest on H-2A wages from Veronica Nigh
https://t.co/6rJowSsjpS

[FB Market Intel @FBMarketIntel]

"The decline in citrus production in the United States has diminished the country’s longtime role as a leader in global market share. In 1970, the U.S. produced nearly 50% of the world’s oranges. This number dropped to 25% by 2000 and sits at an expected 5% for 2023." @DMUNCH912

[FB Market Intel @FBMarketIntel]

"Since 2000, total domestic production of oranges has dropped 80%, from 300 million boxes to a projected 62 million in 2023." Read the latest from @dmunch912 🍊 https://t.co/IZpfw32khE

[FB Market Intel @FBMarketIntel]

"Two-thirds of dairy manufacturing plants did not participate in a survey that will potentially be used to inform binding minimum pricing requirements for farmers." Read the latest from: @dmunch912 https://t.co/Sh4PqgssAM

[FB Market Intel @FBMarketIntel]

https://t.co/xH2ne5vczK

[FB Market Intel @FBMarketIntel]

"The new AEWR final rule will inflict considerable wage increases on farmers of all sizes who use the H-2A program" - read more in Veronica Nigh's latest Market Intel below: https://t.co/F6NxoVKj9v

[FB Market Intel @FBMarketIntel]

"About 99% of farm bill outlays go to nutrition, crop insurance, commodities and conservation titles. The “Other” category makes up the remaining 1% of all projected outlays." Read Bernt Nelsons most recent Market Intel to learn more about that 1%!

https://t.co/IHyf1uop7V