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FarmPolicy

@farmpolicy

Farm Policy News — part of the farmdoc project at Illinois — provides updates on current developments in the global farm economy and U.S. farm policy.

ID: 38833974

linkhttp://www.FarmPolicyNews.illinois.edu calendar_today09-05-2009 10:44:55

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Despite some fluctuations, #dairy product consumer #price indexes (CPIs) have generally risen in 2024, contrasting with the broader decline in overall product and food CPIs. From the Economic Research Service: tinyurl.com/3mpxzyrh

Despite some fluctuations, #dairy product consumer #price indexes (CPIs) have generally risen in 2024, contrasting with the broader decline in overall product and food CPIs.

From the <a href="/USDA_ERS/">Economic Research Service</a>: tinyurl.com/3mpxzyrh
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The #Restaurant Performance Index (RPI) has been consistently lower in 2024 compared to the previous year, suggesting that restaurants are facing challenges such as reduced consumer #spending and rising #costs. From the Economic Research Service: tinyurl.com/3mpxzyrh

The #Restaurant Performance Index (RPI) has been consistently lower in 2024 compared to the previous year, suggesting that restaurants are facing challenges such as reduced consumer #spending and rising #costs.

From the <a href="/USDA_ERS/">Economic Research Service</a>: tinyurl.com/3mpxzyrh
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Second-half 2024 U.S. #pork #exports kicked off with shipments of 567 million pounds in July, 42% of which were accounted for by #Mexico. From the Economic Research Service: tinyurl.com/3mpxzyrh

Second-half 2024 U.S. #pork #exports kicked off with shipments of 567 million pounds in July, 42% of which were accounted for by #Mexico.

From the <a href="/USDA_ERS/">Economic Research Service</a>: tinyurl.com/3mpxzyrh
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U.S. #broiler #exports in July totaled 541 million pounds, a decrease of 5.1%, or 29 million pounds, from last July. Broiler #imports totaled 10.4 million pounds in July, the lowest monthly total of the year so far. From the Economic Research Service: tinyurl.com/3mpxzyrh

U.S. #broiler #exports in July totaled 541 million pounds, a decrease of 5.1%, or 29 million pounds, from last July. Broiler #imports totaled 10.4 million pounds in July, the lowest monthly total of the year so far.

From the <a href="/USDA_ERS/">Economic Research Service</a>: tinyurl.com/3mpxzyrh
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In August, the national composite wholesale #broiler #price averaged 124.45 cents per pound. This number is down about 6 cents from the previous month, but still up 13.2 cents year over year. From the Economic Research Service: tinyurl.com/3mpxzyrh

In August, the national composite wholesale #broiler #price averaged 124.45 cents per pound. This number is down about 6 cents from the previous month, but still up 13.2 cents year over year.

From the <a href="/USDA_ERS/">Economic Research Service</a>: tinyurl.com/3mpxzyrh
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#Soybean futures climbed on Wednesday on a round of short covering sparked by concerns over hot, dry weather in top producer Brazil that may threaten soybean seeding, traders said. #Corn ticked down slightly and #wheat prices were choppy. xm.com/research/marke…

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BASF plans to prepare its #agricultural #chemicals business for an initial public offering in the next few years as part of restructuring measures set to be announced by the group this month, Bloomberg News reported on Wednesday. reuters.com/markets/europe…

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An environmental group is suing Tyson Foods for allegedly misleading consumers by saying it will reach net-zero #emissions by 2050 and marketing #climate-friendly #beef without meaningful plans to achieve those goals. reuters.com/sustainability…

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Public health advocates and farmworkers called for a federal ban on a toxic #herbicide —paraquat dichloride — they say led to their Parkinson’s disease during a Tuesday briefing for congressional staffers. agriculture.com/health-and-far…

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Former President Donald Trump’s plans to deport millions of undocumented immigrants if he wins a second term would decimate the #agricultural workforce and "be absolutely devastating to America's farmers and ranchers," farm group leaders say. agri-pulse.com/articles/21655…

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For the first time in eight weeks, multiple average retail #fertilizer #prices showed considerable declines during the second week of September 2024, according to sellers surveyed by DTN/Progressive Farmer. Only anhydrous was slightly more expensive. dtnpf.com/agriculture/we…

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BHP Group expects its $10.6 billion #potash mine in Canada to make money even with weakened #fertilizer #prices, says the head of the project. bloomberg.com/news/articles/…

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Federal prosecutors filed suit against the owner of the container #ship that crashed into the Francis Scott Key #Bridge in Baltimore, alleging that the company and those on board the ship knew about persistent problems and failed to fix them. politico.com/news/2024/09/1…