AGP Executive Report
Last update: 6 hours agoUS Dairy Outlook: USDA lifted its 2026 milk production estimate again and previewed 2027, pointing to a bigger cow herd but slower output per cow, while adjusting import and price forecasts in its latest WASDE. Fertilizer Pressure: With nitrogen prices spiking amid Hormuz-linked supply fears, farmers are being pushed to maximize yields—while the EU rolls out a new Fertiliser Action Plan and the US revives a fertilizer-production push. Farmgate Cash Squeeze: Egg prices are sliding as supplies rebound after HPAI, but costs remain high, squeezing producers; meanwhile, a watchdog says USDA’s AI use lacks required cybersecurity controls. Policy Hits the Shelf: Montana’s SNAP waiver will stop paying for soda, candy and some junk foods, and the Philippines moves to enforce rice price limits while proposing a local rice retail guide. Local Momentum: Farmers markets keep expanding—new launches and seasonal returns—from Lava Hot Springs to Petoskey—adding SNAP access and fresh-produce demand. Tech & Finance: Agri-finance startup ONO raises $1.2m to scale AI-led lending and post-harvest supply-chain support.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.