2023 California Processing Tomato Report
Contracted production for California processing tomatoes is forecasted at 12.9 million tons, averaging 50.8 tons per acre. The current...
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by Sara VanderPoel
Aug 31, 20233 min read
Kraft Heinz Announces New CEO
Earlier this month, The Kraft Heinz Company announced that the company's Board of Directors has appointed Carlos Abrams-Rivera as the new...
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by Sean Haynes
Aug 24, 20231 min read
Commodity Report Video for the Week of 8/21-8/25
Your Weekly Commodity Report Video!
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by Sara VanderPoel
Aug 21, 20231 min read
Rural Broadband Projects get $667 Million in Grants / Loans for USDA ReConnect Program
Yesterday, the White House announced $677 million in grants and loans for high-speed internet service in rural areas of 22 states and the...
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by Sara VanderPoel
Aug 21, 20231 min read
Pyka Gets Approval to Operate its Autonomous Crop Spraying Aircraft in U.S.
Pyka’s highly-automated uncrewed aircraft system (UAS) is the largest ever to receive FAA authorization for commercial operation in the....
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by Sara VanderPoel
Aug 16, 20231 min read
USDA Forecasts Agricultural Exports will Decline While Imports Rise in 2023
According to data released by the USDA earlier this month, at the three-quarter point in the trade year, U.S. food and agricultural impor...
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by Sara VanderPoel
Aug 16, 20231 min read
California's Minimum Wage to Increase to $16/hr Effective 1/1/24
The Director of California's Department of Finance published a letter on July 31st stating that the state's minimum wage needed to incre...
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by Sara VanderPoel
Aug 14, 20232 min read
USDA Proposes Higher Fees to Inspect Agricultural Imports
Last Thursday, the U.S. Department of Agriculture (USDA) and the Animal and Plant Health Inspection Service (APHIS) said that it is seek...
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by Sara VanderPoel
Aug 11, 20231 min read
Plant-based Meat Products Continue to Decline in Sales, Nearly 20% year-over-year
U.S. retail sales of plant-based meat alternatives have continued to decline, falling 12.6% to $106.8 million in the five weeks ending...
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by Sara VanderPoel
Aug 10, 20231 min read
Amazon Launches Nationwide Delivery of Whole Foods’ Private Label 365 products
Despite recent stumbles in the grocery industry, Amazon expanding its offerings and committing to succeeding in the $1 trillion industry....
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by Sara VanderPoel
Aug 10, 20232 min read
The Ag Sector Will Spend Over $42B on Labor Costs in 2023
Total labor expenses (both hired and contract labor expenses) for the U.S. agriculture sector are forecast to be $42.09 billion for 2023,...
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by Sara VanderPoel
Aug 10, 20231 min read
Tyson Foods Plans to Close 4 More Chicken Plants to Cut Costs
The nation’s largest meat company, Tyson Foods announced Monday that it will close four more chicken plants in the U.S. to cut costs....
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by Sara VanderPoel
Aug 8, 20232 min read
Bill Introduced to Protect Family-Owned Business From the Death Tax
Representatives Jimmy Panetta (CA) and Mike Kelly (PA) recently introduced legislation that would update IRS Code Section 2032A—making...
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by Sean Haynes
Aug 2, 20231 min read
Commodity Prices 7/31-8/4
Your California Commodity and Market Updates for the week!
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by Sara VanderPoel
Jul 31, 20232 min read
PepsiCo and Walmart Aim to Support Regenerative Agriculture on More than 2 Million Acres of Farmland
Last week, PepsiCo and Walmart announced a 7-year collaboration to pursue $120 million worth of investments focused on supporting U.S....
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by Sara VanderPoel
Jul 31, 20231 min read
Senate Votes to Ban Some Foreign Farmland and Ag Business Purchases
Last week, the United States Senate passed an amendment offered by U.S. Senator Mike Rounds (R-S.D.) that bans foreign adversaries from...
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