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The first meeting of the U.S.-China Joint Committee on Cooperation in Agriculture in almost nine years recently occurred with the Agriculture Secretary among the participants. (Rod Bain and Secretary Tom Vilsack)
Lower domestic milk production both in 2023 and 2024 is expected to assist with higher prices in some product and class categories, per USDA’s latest forecasts. (Rod Bain and World Agricultural Outlook Board Chair Mark Jekanowski)
One expert says USDA's surprising acreage report shows how flexible farmers can be and how they can adapt quickly to changing conditions. (Gary Crawford and USDA Chief Economist Seth Meyer)
USDA Chief Economist Seth Meyer saying that after studying the USDA acreage report, most of the surprising numbers do make sense and do show how producers can be very flexible.