In 1915, the first USDA Market News report was sent by telegraph, letting buyers and sellers across the country know the price of strawberries in Hammond, Louisiana. A century later, the impact of USDA Market News reports is clear. Through USDA Market News, AMS provides timely, reliable, unbiased data that serves as the information lifeline for America’s agricultural economy. Each year, AMS issues more than 250,000 reports that get more than 53 million views. (Click to enlarge)
Have you ever wondered how American farmers and businesses track the price of their commodities? Today, farmers, ranchers, and the entire agricultural supply chain turn to USDA Market News – administered by my agency, the Agricultural Marketing Service (AMS) – for timely, reliable, unbiased data that serves as the information lifeline for America’s agricultural economy.
But 100 years ago, everyone was in the dark about how much things cost. That’s why, in 1915, the first USDA Market News report was sent by telegraph, letting buyers and sellers across the country know the price of strawberries in Hammond, Louisiana. Read more »
The purpose of the program is to provide marketing information for cattle, swine, lamb, and livestock products that can be readily understood and utilized by producers. USDA Photo Courtesy of the National Organic Program.
The Livestock Mandatory Price Reporting (LMR) Program was established to expand pricing information available in the livestock industry. Part of USDA Market News data, the information is distributed by the Agricultural Marketing Service (AMS) and allows analysts to dive in head first and fulfill all of their number crunching ambitions.
The purpose of the program is to provide marketing information for cattle, swine, lamb, and livestock products that can be readily understood and utilized by producers. Livestock Mandatory Reporting encourages competition in the marketplace by vastly improving price and supply data, bringing transparency, breadth and depth to market reporting. The program gets its authority through the Livestock Mandatory Reporting Act of 1999, which must be reauthorized by Congress every five years. The program is up for reauthorization in September 2015. Read more »
USDA Market News is continuously changing to meet the needs of the dynamic agricultural industry and the data users that we serve.
Farmers, producers and other agricultural stakeholders depend on USDA Market News data to get the information they need when they need it. They use the data to evaluate market conditions and trends, make purchasing decisions, and assess movement of agricultural products across the globe. USDA Market News is continuously changing to meet the needs of the dynamic agricultural industry and the data users that we serve. Now they can enjoy an enhanced experience.
USDA’s Agricultural Marketing Service (AMS) has released an innovative version of the Market News Portal (website) with simplified navigation, giving users easier, more logical access to the wealth of timely and reliable data available to make better informed decisions – or to compete smarter. Read more »
Our new local and regional Market News reports are just one way USDA is ensuring that farmers and ranchers get access to the resources they need to thrive in the local market sector. Photo courtesy of Cascade Brook Farm.
It wasn’t too long ago that beef was far less traveled, and families often put a side of beef away in the freezer for the winter. Modern day conveniences make beef and the beef buying experience more suitable to a faster pace of life, but old traditions are hard to let go. Across the board, we’re seeing a return to buying local, and—although modern conveniences are still enjoyed—local beef is also more accessible.
USDA Market News, part of USDA’s Agricultural Marketing Service, recently created a series of market reports on locally or regionally produced agricultural products, including beef. As a part of the 2014 Farm Bill, the reports provide farmers, other agricultural businesses and consumers with a one-stop-shop for market and pricing information for local and regional food outlets. Read more »
The Baltimore Farmers Market helps meet America's demand for local and regional food. Farmers markets, farmers auctions, and direct to consumer reports are now being produced by USDA Market News. The reports are available for businesses of all size to help level the playing field in the $7 billion a year local and regional food market. USDA Photo Courtesy of Lance Cheung.
America’s hunger for locally and regionally grown food has become a $7 billion-per-year market. That means more consumers are savoring farm-fresh food, and more farmers—especially small and mid-size farmers—are profiting from new markets for their products. It also means that a trove of useful pricing and volume data about local and regional food markets is now available, ready to be collected and analyzed. Thanks to the 2014 Farm Bill, USDA is making that data available to farmers and businesses of all sizes for free and helping to level the playing field.
USDA Market News has created a new series of market reports on locally or regionally produced agricultural products. The reports—covering products from all commodity areas—are all available on the Local & Regional Food Marketing Information web page, which provides farmers, other agricultural businesses, and consumers with a one-stop-shop for market and pricing information for local and regional food outlets. Three report categories are now online: Read more »
USDA Market News reporter Holly Mozal teaches a Cochran Fellowship group from Haiti about our Market News database. We capture data for everything from cotton, fruits, vegetables and specialty crops, livestock, meats, poultry, eggs, grain and hay, to milk and dairy, and tobacco.
At some point in our lives, we all wonder what it would be like if we didn’t exist. How would things be different? Last month, American farmers and businesses experienced what it was like to live without USDA Market News. While the markets continued to operate, we received several phone calls and heard stories of how so many small and mid-sized producers struggled without the valuable information we provide.
In the 100-year history of Market News, this was only the second time that the data reports were not available. The reports give farmers, producers and other agricultural businesses the information they need to evaluate market conditions, identify trends, make purchasing decisions, monitor price patterns, evaluate transportation equipment needs and accurately assess movement. The information, gathered by the Agricultural Marketing Service (AMS) and provided for free, captures data for everything from cotton, fruits, vegetables and specialty crops, livestock, meats, poultry, eggs, grain and hay, to milk and dairy, and tobacco. Read more »