2023 U.S. Farm Income: A Shift from Peak Levels
The United States Department of Agriculture’s Economic Research Service has released a forecast indicating a downturn in the U.S. farm sector’s financial outlook for 2023. Despite this, Agriculture Secretary Tom Vilsack has pointed out that the sector is still faring relatively well. The projected net farm income stands at $151.1 billion, which, although lower than […]
FAO’s Upcoming Reports at COP28 to Advocate for Reduced Western Meat Consumption
The Food and Agricultural Organization (FAO) of the United Nations is gearing up to present a series of influential reports at the UN Climate Change Conference COP28. These reports will focus on advocating for a reduction in meat consumption in Western countries, including the United States, as a crucial step towards global sustainability. Set to […]
USA Cattle on Feed Report Dec 22 2023
The USDA Cattle on Feed report, released on December 22, 2023, by the National Agricultural Statistics Service (NASS), offers crucial insights into the U.S. cattle industry. The report details cattle and calves on feed for the slaughter market in the United States for feedlots with a capacity of 1,000 or more heads. As of December […]
USDA Report Reveals Contrasting Trends in Meat Storage
The latest Cold Storage report from the USDA has painted a contrasting picture for red meat and poultry storage in the United States. The report, which provides a snapshot of the industry as of November, indicates a downward trend for red meat, with an 11% decrease from the same period last year. In contrast, poultry […]
Australia and New Zealand on the Cusp of Approving First Cultivated Meat Product
Food Standards Australia New Zealand (FSANZ) has taken a significant step towards approving a cultivated quail product by Vow Food as a food ingredient. This development, as reported by Food Frontier, an independent think tank focusing on alternative proteins in Australia and New Zealand, marks a pivotal moment in the food industry of these two […]
Vigilant Research Shields US Pork from African Swine Fever Threat
In 2022, the US pork industry, a cornerstone of American agriculture with a staggering value of $30 billion, stands at a crossroads due to the looming threat of African Swine Fever (ASF). This peril, not yet witnessed on American soil, has galvanised the USDA National Institute of Food and Agriculture (NIFA) into action, championing research […]
Labour Shortfall Emerges as Key Hurdle in Agriculture: Insights from Minneapolis Fed’s Recent Survey
A recent survey by the Minneapolis Federal Reserve has cast a spotlight on a pressing issue facing the agricultural sector: labour shortages. This survey, engaging with agricultural bankers across the ninth district, which includes Minnesota, Montana, North Dakota, South Dakota, and Wisconsin, paints a picture of growing concern. A significant 63% of the respondents flagged […]
APHIS eFile: Revolutionising the Permitting and Licensing Process in Agriculture
The United States Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) has recently completed the development of its eFile system. This digital platform is designed to significantly streamline the process of obtaining permits and licences for activities related to animal and plant health, as well as animal welfare. APHIS eFile serves as a […]
2024 Food Science Trends: Farm-to-Fork Strategy, Food as Medicine, Enhanced Safety, and AI Integration
TLDR In 2024, the Institute of Food Technologists (IFT) anticipates four significant trends in food science that are set to influence the sector. These trends encompass a comprehensive farm-to-fork strategy, the concept of food as medicine, advancements in food safety, and the integration of artificial intelligence (AI) in food technology. The farm-to-fork strategy highlights the […]
Proposition 12’s Implications for Agriculture: A Comprehensive Overview as January 2024 Deadline Approaches
As the agricultural sector approaches the January 1, 2024 deadline for the full enforcement of California’s Proposition 12, the industry braces for significant changes. Proposition 12, already technically in effect, is poised to transform the pork market in California, with experts predicting a range of impacts. Michael Formica, Chief Legal Strategist at the National Pork […]
