As a percentage of total U.S. production, we are now exporting more dairy products than corn. (We exported the equivalent of 31.2 billion pounds of milk, or more than the total annual milk production from New York, Ohio and Pennsylvania combined.)
Coming off a booming year, lower farm income expectations in 2014 will slow sales of John Deere agricultural machinery in the U.S. and Canada. Deere expects sales to be down 5 to 10 percent for the year.
Chesapeake Energy is estimating 2014 production growth of 2 to 4 percent, targeting an average daily production rate of 680,000-695,000 barrels of oil equivalent.
Members of Dairylea Cooperative Inc. approved a proposed merger with Dairy Farmers of America (DFA).
CattleFax expert: Cattle prices are expected to average $135 compared to $126 during 2013, an increase of 7 percent.
U.S. Sen. Sherrod Brown, D-Ohio, and U.S. Agriculture Secretary Tom Vilsack highlighted the 2014 farm bill in a sweep through Ohio Jan. 31 that included the Ohio Farmers Union annual meeting in Columbus.
There’s been shift in profit centers on some Midwestern dairy farms for a couple years, one that is likely to shift again in 2014.
This is the first comprehensive spending proposal for the federal government since the 2012 omnibus spending bill. The good news is that the bill increases discretionary funding for major ag programs.
Perdue is closing a chicken production plant in Fredericksburg, Pa., and its related distribution center in Denver, Pa.
Pa. Gov. Tom Corbett signed into law Dec. 23 a measure introduced by Sen. Elder Vogel that ensures high tunnel greenhouses are not considered permanent structures and categorized as real estate for tax purposes.