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October 12, 2023
 
 
 
 
 
 
 
Is USDA Set to Make More Cuts to U.S. Yield? One Economist Thinks South American Weather Worries are the Bigger Story Now
 
The Ag Economists' Monthly Monitor found economists expect USDA to cut another bushel or two from the corn yield and maybe a bushel from soybeans, but one economist thinks weather worries in South America could be an even bigger story than U.S. yields.
 
 
 

"The challenge for agriculture and other rural industries that rely heavily on global markets is their export partners simply can’t afford to buy U.S. products,” said Rob Fox, director of CoBank’s Knowledge Exchange. “When you combine the loss of exports with a general slowdown in the U.S. economy, it’s a double whammy for many businesses operating in rural America.”

High Interest Rates, Strong U.S. Dollar Take a Toll on Ag Economy
 
 
 

Work by the House or Senate Agriculture Committee on a new farm bill is essentially stalled, says Randy Russell — and that could be the case until government funding issues are resolved.

AgriTalk: House Nominates Scalise for Speaker, the Farm Bill needs an Extension
 
 
 

Two organizations share why we might see a decline in cash rent values in 2024.

Cash Rents Are Up for 2023, But Will 2024 Be Better?
 
 
 

In the past decade, the retail giant has built a series of milk processing plants to control production of one of the most price-sensitive grocery commodities. The new plant in Valdosta, Ga., will provide milk to more than 750 Walmart and Sam’s Club stores in Georgia and neighboring states.

Walmart Announces Plans to Build $350 Million Milk Processing Plant in Southern Georgia
 
 
 
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