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Further processing of value-added products for direct sale to end-user customers in both retail and foodservice will increase over the next five years and help feed the growing global consumer demand.
Drought is deepening across the Midwest with 64% of the corn crop and 57% of the soybean crop across the U.S. now covered in drought, a sizable jump in just a week after NASS showed a historic drop in condition ratings.
Three California-based cultivated meat companies have received approval from USDA to begin producing and marketing lab-grown chicken.
According to USDA, Russian-speaking hackers are the likely suspects. The Office of Personnel Management and two organizations within the Department of Energy also were apparently targeted or breached.
How’s the best way to describe the current hog market, including supply and consumer demand? It’s complicated.
It’s summertime but the grilling isn’t easy, Rabobank says in its most recent report. Analysts say it will cost $97 to host a cookout on Independence Day this year, up from $73 in 2018 – a 31% increase.