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
http://www.FarmPolicyNews.illinois.edu 09-05-2009 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
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
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
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
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
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…