As of 24 July, there have been 170 cases of HPAI in dairy herds across 13 States with the last being 22 July, in Colorado. The first confirmed case was 25 March Texas.
In response to the outbreak, USDA has maintained mandatory testing requirements for lactating dairy cows prior to interstate movement and mandatory reporting of positive test results in livestock. Moreover, starting 1 July, USDA has been accepting applications to provide financial assistance for eligible dairy producers who incur milk losses due to HPAI in their operations. The payments are made via an updated Emergency Assistance for Livestock, Honeybees, and Farm-raised Fish Program (ELAP). Despite the specter of HPAI, dairy is stabilizing from less culling, stabi...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Key Takeaways: Peace at last in the Persian Gulf? Over the weekend, the U.S. announced and Iranian officials confirmed a peace agreement, with formal ratification set for Geneva on 19 June. The announcement means the Strait of Hormuz is set to reopen fully and toll-free within 30 days.&n...