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Posts tagged: Industry Insight

USDA Market News Mow-tivated to Add Grass Fed Reports

USDA is committed to supporting businesses of all sizes. Fostering marketplace transparency is just one of the many ways we meet this goal.

USDA is committed to supporting businesses of all sizes. Fostering marketplace transparency is just one of the many ways we meet this goal.

U.S. Department of Agriculture’s (USDA) Agricultural Marketing Service released its second USDA Market News report covering grass fed beef yesterday.  This is the first report of its kind, filling a significant data gap for the industry and increasing transparency in the marketplace.

For almost a century, USDA Market News has provided farmers, ranchers and businesses with market and pricing information.  Over the years, our reports have evolved to better meet the changing demands and needs of stakeholders who rely on our data to remain competitive. Read more »

Industry Associations Use USDA Market News to Create Apps

Screenshot of the ASI Market News mobile app.

Screenshot of the ASI Market News mobile app.

For nearly 100 years, USDA Market News has been collecting market information on behalf of those working in American agriculture to provide current, unbiased price and sales information.

Covering both domestic and international markets, the data is disseminated within hours of collection to help market and distribute farm commodities.  It is all provided publicly and free of charge via the Internet and other electronic means, in printed reports, by telephone recordings, and through the news media.  The agricultural industry relies on the thousands of market reports across hundreds of commodities, often using the data to create reports of their own. Read more »

Helping Produce Businesses in Many Ways

PACA is your partner in the produce industry.  Through its education, mediation licensing, and enforcement services, PACA provides financial protection for produce businesses.

PACA is your partner in the produce industry. Through its education, mediation licensing, and enforcement services, PACA provides financial protection for produce businesses.

Accurate and timely information, access to new markets, and financial protection are critical to the success of any business. In the produce industry, the USDA’s Agricultural Marketing Service (AMS) provides services to cover all three of these items.

By providing current price and volume information, AMS Market News helps produce businesses, transportation companies, and others make informed decisions. In response to user requests, we created the Custom Average Tool (CAT). This new tool makes it easy to view average price trends over a period of time, select a range of data desired, download data in a spreadsheet, and much more. Choosing which varieties or products to carry and what the price levels might be at a given time of year are easier for  a wholesaler to determine when they can easily visualize average price trends compared to movement in a dashboard. The CAT is now prominently displayed on our Fruit and Vegetable Market News Portal. Read more »

New Reports Provide Greater Market Transparency

Earlier this year, USDA’s Agricultural Marketing Service (AMS) published the first Livestock Mandatory Reporting (LMR) Wholesale Pork reports.  This was the culmination of a process that started when Congress passed the Mandatory Price Reporting Act of 2010, which added wholesale pork cuts to the commodities required to be reported by packers.  Cattle, swine, sheep, boxed beef, boxed lamb, and imported lamb meat already were covered under the program.

Using negotiated rulemaking – a process that allows more interaction with stakeholders than formal rulemaking – AMS developed the rule with the Wholesale Pork Reporting Negotiated Rulemaking Committee, which included pork producers, pork packers, processors, retailers, buyers, and other interested stakeholders.  By working directly with a range of stakeholders, USDA ensured that the final rule had support throughout the industry. Read more »

Helping Dairy Exporters Obtain Electronic EU Dairy Health and Transit Export Certificates

The Dairy eTDE system will streamline the paperwork for health certificates to improve our export certification efforts.

The Dairy eTDE system will streamline the paperwork for health certificates to improve our export certification efforts.

This year, the Agricultural Marketing Service (AMS) will start issuing electronic health and transit certificates for dairy products exported to the European Union (EU) via the electronic trade document exchange system (eTDE).

A content management system created to support the domestic and international trade of U.S. agricultural products, eTDE makes official certificates available online to health officials in foreign ports. The system was built with the help of funds from the USDA’s Foreign Agricultural Service. Read more »

New Vision Means Better Inspection Services for Fruits and Vegetables

U. S. Department of Agriculture (USDA) Agricultural Marketing Service (AMS) inspectors Geno DeSanto and Bob Schofield examine bananas at the Philadelphia Food Distribution Center in Philadelphia, Pennsylvania on May 21, 2008.USDA photo.

U. S. Department of Agriculture (USDA) Agricultural Marketing Service (AMS) inspectors Geno DeSanto and Bob Schofield examine bananas at the Philadelphia Food Distribution Center in Philadelphia, Pennsylvania on May 21, 2008.USDA photo.

Exceptional grading, standardization and auditing services are the benchmarks that were set by USDA’s Fresh and Processed Products Divisions.  The two organizations within USDA supported the produce industry for nearly a century, providing quality grading and auditing services that businesses and consumers could trust.

Now, USDA’s Agricultural Marketing Service (AMS) has merged the two divisions into one unit that provides the same excellent service.  The new Specialty Crops Inspection (SCI) Division offers voluntary, audit-based inspection programs – utilizing Good Agricultural Practices and Good Handling Practices (GAP/GHP).  We will also perform uniform, quality grading services based on the U.S. standards for fresh, frozen and processed products. Read more »