Did you miss some information this week? Learn on – we’ve made it simple to catch up! Right here’s a set of the highest headlines in agriculture.
Thanksgiving meal worth up 20%
The American Farm Bureau’s annual Thanksgiving survey exhibits the typical value of the traditional meal for a household of 10 in 2022 is $64.05, just below $6.50 per individual. This can be a 20% enhance from final yr’s meal worthv of $53.31 and a 36% enhance from 2020. Inflation is accountable for almost all of this yr’s worth will increase. – Farm Progress
Activists goal Ohio mink farm
Mink farms have been focused by animal rights activists for many years. On Tuesday, somebody broke into Lion Farms USA 150 miles north of Cincinnati, Ohio and opened the cages of 25,000 to 40,000 mink. Officers say farm workers had corralled many of the mink however suggested residents that there have been nonetheless about 10,000 mink unaccounted for. – New York Instances
FDA deems cell-cultured meat protected
California startup UPSIDE Meals obtained the inexperienced gentle from the FDA on its cultivated rooster product. The meals product is made by harvesting cells from chickens and rising the cells in a managed setting to make cultured animal cell meals. The meals nonetheless requires a mark of inspection from USDA-FSIS earlier than it may possibly enter the U.S. market. – Farm Progress
Ethanol drives down gas costs
A brand new report from the U.S. Power Data Administration exhibits that ethanol helped reasonable gas costs within the wake of the Ukraine invasion. Through the summer season of 2022, the value of ethanol was decrease than gasoline, which led to record-high ethanol mix charges patrons selected to fill their tanks. A part of the upper mix of ethanol was as a result of emergency gas waiver permitting E15 to be offered at retail stations throughout the summer season. – Farm Progress
Ukraine grain export deal prolonged
A United Nations-brokered deal permitting exports of Ukrainian grain from the Black Sea shall be prolonged, all sides confirmed Thursday, easing strain on world meals costs. The choice to resume the accord for 120 days was reached in Istanbul, the place talks have been held. Ukraine has shipped greater than 11 million tons of crops by the Black Sea because the deal got here into pressure, led by corn and wheat cargoes. – Bloomberg
Agriculture will get consideration at COP27
World leaders gathered in Sharm El-Sheikh, Egypt to debate work to mitigate local weather change. Through the COP27 occasion, Vilsack introduced the creation of the Worldwide Local weather Hub and $25 million in financing to help the World Fertilizer Problem. The World Fertilizer Problem goals to enhance manufacturing and extra environment friendly use of nitrogen. Whole funding from all companions hits $135 million as a part of that initiative. – Farm Progress
Beef demand holding regular
Whole business beef manufacturing is projected for 2022 at a document stage of 28.3 billion kilos. Per capita retail beef consumption is projected at 59.3 kilos, up from 58.9 kilos in 2021. Demand seems to be usually regular and robust to finish 2022. Beef manufacturing is predicted to lower sharply in 2023, which can result in greater beef costs and extra beef product market dynamics. – BEEF Journal
