Officials from the United States and European Union have signed off on a new set of rates for exchanging agricultural goods. The agreement will “restore favorable market access for multiple U.S. agricultural products, including for U.S. rice, almonds, wheat and corn,” according to a statement from the USTR’s office. READ MORE

From high feed costs to the third consecutive year of drought, there was no shortage of complex obstacles for cattle producers in 2022. Many had effects that will carry through well beyond 2023. This Farm Bureau Market Intel is a deep dive into the 2023 cattle outlook, and what producers can do to position themselves for what lies ahead. READ MORE

Cow-calf operators likely have profit opportunity in the coming years if they can maintain production while keeping costs moderated. “Formulating a balanced, least-cost ration will be vital to controlling feed costs,” said Travis Meteer, University of Illinois Extension commercial agriculture educator. He recommended cattlemen consider six factors to determine if they are meeting their animals’ nutrient requirements. READ MORE

The National Agricultural Statistics Service released the results of the 2021 Organic Survey that showed $11.2 billion in organic product sales, a $1.28 billion increase or 13% compared with 2019. Nationwide, 17,445 farms were certified organic, up 5% from 2019. READ MORE    

First incorporated into a farm bill in 1985, the conservation title is what some would consider the original Green New Deal. Its voluntary conservation initiatives give farmers and ranchers flexibility to adopt practices in a market-based approach. This Farm Bureau Market Intel explains the history of conservation programs and programs in Title II. READ MORE   Check out more Market Intel on the farm bill:   Farm bill Title I commodity programs – ARC, PLC and marketing assistance loans Specialty crop considerations for the farm bill Livestock and the farm bill Revisiting agricultural trade and food assistance programs in the

from record-high inflation and interest rates, which affects operating loans, to drought and input costs. A panel of American Farm Bureau Federation economists discussed ways to manage risk and top issues that could impact farm profitability in 2023. READ MORE