Publications

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  • Effects of Recent Energy Price Reductions on U.S. Agriculture

    BIO-04, June 02, 2015

    Sharply lower energy prices begun in late 2014 will benefit the agriculture sector mainly through lower transport and production costs. Energy price decreases are projected to lower production costs by about $5 billion in 2015 and in 2016.

  • Emergence and Impact of USDA’s WASDE Report

    Amber Waves, June 05, 2012

    Although USDA’s WASDE report is viewed by commodity market observers as an important benchmark, the rise of private forecasting services has led some to question the usefulness of USDA’s role in commodity market reporting. ERS model results show that markets place substantial value on the situation and outlook information published in WASDE.

  • Factors Affecting U.S. Pork Consumption

    LDPM-13001, May 12, 2005

    Pork ranks third in annual U.S. meat consumption, behind beef and chicken, averaging 51 pounds per person. The Continuing Survey of Food Intakes by Individuals (CSFII) indicates that most pork is consumed at home. Pork consumption is highest in the Midwest, followed by the South, the Northeast, and the West. Rural consumers eat more pork than urban/suburban consumers. Pork consumption varies by race and ethnicity. Higher income consumers tend to consume less pork. Everything else remaining constant, demographic data in the CSFII suggests future declines in per capita pork consumption as the share of Hispanics and the elderly in the population rises because those two groups eat less pork than the national average. However, total U.S. pork consumption will grow because of an expansion of the U.S. population.

  • Factors Contributing to the Recent Increase in U.S. Fertilizer Prices, 2002-08

    AR-33, February 13, 2009

    U.S. prices of fertilizer nutrients began to rise steadily in 2002 and increased sharply to historic highs in 2008 due to the combined effects of a number of domestic and global long- and shortrun supply and demand factors. From 2007 to 2008, spring nitrogen prices increased by a third, phosphate prices nearly doubled, and potash prices doubled. The price spike in 2008 reflects low inventories at the beginning of 2008 combined with the inability of the U.S. fertilizer industry to quickly adjust to surging demand or sharp declines in international supply. Declining fertilizer demand, disruption in fall applications, increased fertilizer imports (July to August), and tightening credit markets for fertilizer purchases contributed to the decline of fertilizer prices in late 2008. The prospect for strong fertilizer demand in early 2009, high raw material costs for the manufacture of fertilizers, production cutbacks, and decreasing supplies from fertilizer imports, however, could put upward pressure on U.S. fertilizer prices in spring 2009.

  • Factors Shaping Expanding U.S. Red Meat Trade

    LDPM-175-01, February 10, 2009

    U.S. imports and exports of red meats-beef, pork, lamb, and mutton-have expanded rapidly over the last several decades, linking livestock sectors of the United States to those of several major trading partners. Factors driving this trade growth include not only rising incomes, but also the preference of U.S. and foreign consumers for a greater variety of red meat cuts, facilitated by the expansion of free trade agreements. Changes in currency values, including the recent depreciation of the U.S. dollar against the currencies of key trading partners, have also been important influences in expanding trade in U.S. red meat products. Domestic production continues to provide the main share of beef and pork consumed in the United States, while the share of U.S. lamb consumption from imports has increased significantly. While the red meat (and poultry) markets have been punctuated by animal disease issues over the last few years, the integration of trade is expected to continue.

  • Farm Financial Picture Looks Promising for 2003

    Amber Waves, February 03, 2003

    The 2003 financial picture looks promising for most U.S. farmers and ranchers. Dairy farms, however, should continue to experience the tough conditions that prevailed during 2002 when milk prices reached a 20-year low.

  • Farm, Rural, Natural Resources and Food and Fiber Sector Indicators

    Amber Waves, June 01, 2003

    Farm, Rural, Natural Resources and Food and Fiber Sector Indicators section - June 2003

  • Feed Grains Backgrounder

    FDS-07C01, March 30, 2007

    The U.S. feed grain sector, largest of the major U.S. field crops, faces unprecedented demand conditions. The size and speed of the expanding use of corn by the ethanol industry is raising widespread issues throughout U.S. agriculture. Debate is ongoing over the use of grain for fuel instead of for food or feed and the adequacy of future grain supplies. Increased productivity (yield) and additional area from land planted to competing crops, land enrolled in conservation programs, or idled land is expected to provide an increased supply of feed grains. The outlook is for higher feed grain prices, in part, as a result of renewable energy policies and high energy prices, with feed grain prices rising above farm program support levels. During the ongoing farm policy debate, the U.S. feed grain sector faces uncertainty about the future level and type of government support.

  • Feed Grains Outlook: January 2015

    FDS-15A, January 14, 2015

    The January 2015 Feed Grains Outlook report contains projections for the 2014/15 U.S. and global feed markets based on the most current World Agricultural Supply and Demand Estimates.

  • Feed Outlook: August 2016

    FDS-16H, August 16, 2016

    The August 2016 Feed Outlook report contains projections for the 2015/16 and 2016/17 U.S. and global feed markets based on the most current World Agricultural Supply and Demand Estimates.

  • Feed Outlook: April 2013

    FDS-13D, April 12, 2013

    Lower than expected March 1 corn stocks roil markets, lower price, and raise ending stocks.

  • Feed Outlook: April 2014

    FDS-14D, April 11, 2014

    The April 2014 Feed Grains Outlook report contains projections for the 2013/14 U.S. and global feed markets based on the most current World Agricultural Supply and Demand Estimates.

  • Feed Outlook: April 2015

    FDS-15D, April 13, 2015

    The April 2015 Feed Outlook report contains projections for the 2014/15 U.S. and global feed markets based on the most current World Agricultural Supply and Demand Estimates report.

  • Feed Outlook: April 2016

    FDS-16D, April 14, 2016

    The April 2016 Feed Outlook report contains projections for the 2015/16 U.S. and global feed markets based on the most current World Agricultural Supply and Demand Estimates.

  • Feed Outlook: August 2012

    FDS-12H, August 14, 2012

    Market analysis of domestic and international feed grain markets.

  • Feed Outlook: August 2014

    FDS-14H, August 14, 2014

    The August 2014 Feed Grains Outlook report contains projections for the 2014/15 U.S. and global feed markets based on the most current World Agricultural Supply and Demand Estimates.

  • Feed Outlook: August 2015

    FDS-15H, August 14, 2015

    The August 2015 Feed Outlook report contains projections for the 2015/16 U.S. and global feed markets based on the most current World Agricultural Supply and Demand Estimates.

  • Feed Outlook: August 2017

    FDS-17h, August 22, 2017

    The August 2017 Feed Outlook report contains projections for 2016/17 and 2017/18 U.S. and global feed markets based on the most current World Agricultural Supply and Demand Estimates.

  • Feed Outlook: December 2012

    FDS-12L, December 13, 2012

    Market analysis of domestic and international feed grain markets.

  • Feed Outlook: December 2013

    FDS-13L, December 12, 2013

    Imports Bump Up Feed Grain Supplies as Ethanol and Exports Boost Use and Stocks Slip.