All articles tagged with #usda data
President Trump highlighted a 2.2% drop in oatmeal prices and other selective grocery declines to counter rising inflation, despite overall costs increasing 3.7% and gasoline surging 40% year-over-year.
The United States is facing a historic cattle shortage, with the herd shrinking to its smallest size in 75 years. This supply crunch has driven retail beef prices up by 23% and forced major meatpackers like Tyson Foods to close facilities. Experts attribute the crisis to prolonged drought and early cattle sales, warning that meaningful price relief will take years as ranchers slowly rebuild herds.
This article discusses the challenges faced by U.S. farmers amid a record corn harvest, declining prices, and concerns over USDA data accuracy, amidst broader trade and economic issues impacting the farm economy.