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Posts tagged: market information

A Tale of a Fish from Two Countries

Back of a product showing the country of origin

The Country of Origin Labeling regulations require most grocery stores to provide the country of origin for fish and shellfish, and the method of production (farm-raised or wild-caught), at the point of sale where consumers make purchasing decisions.

How can fish in a grocery store be labeled as both “Alaskan” and “Product of China” on the same package?  The answer is that although much of the seafood sold in the United States is labeled with a foreign country of origin, some of that same seafood was actually caught in U.S. waters.

Under the Country of Origin Labeling program regulations – enforced by USDA’s Agricultural Marketing Service – when fish are caught in U.S. waters and then processed in a foreign country that foreign country of processing must appear on the package as the country of origin.  This processing usually takes the form of filleting and packaging the fish into the cuts you see in the grocery store seafood department or frozen food aisle.  However, if the fish was actually caught in Alaskan waters, retailers are also able to promote the Alaskan waters the fish was actually caught in, in addition to the country in which the processing occurred. Read more »

Market News Report Aims to Bring Transparency and Pricing Information to Tribes

To help meet the needs of Tribal Nations and provide transparency and pricing information, we recently developed the National Tribal Grown, Produced or Harvested report. Pictured here is a Native American Leech Lake Band of Ojibwe youth tending to a rice crop on the Leech Lake Reservation in Minnesota

To help meet the needs of Tribal Nations and provide transparency and pricing information, we recently developed the National Tribal Grown, Produced or Harvested report. Pictured here is a Native American Leech Lake Band of Ojibwe youth tending to a rice crop on the Leech Lake Reservation in Minnesota

According to the 2012 Census of Agriculture, there were 71,947 American Indian or Alaska Native farm operators in the United States in 2012, accounting for over $3.2 billion in market value of agricultural products sold.  Tribal Nations were identified as one group that is an underserved segment of agriculture, and USDA Market News is answering the call to provide them with the commodity data they need.    

USDA Market News – part of USDA’s Agricultural Marketing Service (AMS) – assists the agricultural supply chain in adapting their production and marketing strategies to meet changing consumer demands, marketing practices, and technologies.  USDA Market News 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.  Read more »

USDA Market News – As Diverse as the Agricultural Landscape

Cage-free hen and eggs

Cage-free hen and eggs. As the agricultural landscape evolves to meet consumer demand, USDA Market News ensures that emerging sectors—like the cage-free egg market—have the data they need to succeed. Photo courtesy of the Oregon State Department of Agriculture.

As the agricultural landscape evolves to meet consumer demand, USDA Market News works to ensure that emerging sectors have the unbiased, reliable data they need to succeed in the marketplace.

USDA Market News – administered by USDA’s Agricultural Marketing Service (AMS) – provides data that serves as the information lifeline for America’s agricultural economy.  Everyone in the ag supply chain is accustomed to visiting Market News for items like current wholesale and retail prices for beef cuts, but here at AMS we offer so much more. Read more »

Working with Livestock Industry to Provide Critical Market Intelligence

Cattle

Through LMR, more than a million livestock producers, hundreds of meat processors, some 37,000 retail food outlets, more than 1 million restaurants, as well as meat exporters, and many other stakeholders received critical data and market intelligence on a daily basis.

The Livestock Mandatory Price Reporting (LMR) Program was created to expand pricing information available to the livestock industry.  The data is collected and distributed by USDA’s Agricultural Marketing Service (AMS) through its USDA Market News division to provide market information for cattle, swine, lamb, and livestock products.

LMR encourages competition in the marketplace by vastly improving price and supply data, bringing transparency, breadth and depth to market reporting.  Through LMR, livestock producers and processors, retail food outlets, restaurants, exporters, and many other stakeholders receive critical market intelligence on a daily basis.  Literally thousands of business transactions every day rest on the outcome of LMR data. Read more »

USDA Market News Reporters Know Beef

Cattle feeding on grass

USDA Market News takes great pride in following beef through all channels of production, bringing clarity to the beef markets, and offering a wide variety of data and information available to the public.

The United States is the largest beef producer and one of the largest beef exporters in the world.  In order to remain competitive, our Nation’s beef producers and everyone else in the supply chain need reliable data to evaluate market conditions, identify trends, make purchasing decisions, and monitor price patterns.

USDA Market News – part of USDA’s Agricultural Marketing Service – provides the entire beef industry with equal access to the data they need with just the click of a button.  Livestock, Poultry, and Grain Market News Division reporters gather and disseminate beef market information, ranging from feeder cattle to retail beef prices.  From farm-to-fork, we have the cattle and beef markets covered. Read more »

USDA Market News – Your Source for Retail Commodity Prices

Produce at a grocery store in Fairfax, Virginia

As an unbiased agricultural resource, Market News retail reports help encourage market stability and transparency by promoting healthy competition within the marketplace and providing equal access to market information for small and mid-sized producers and retailers.

Sound business decisions are based off of reliable data, and this is certainly the case for food producers and retailers.  For small and mid-sized producers, access to timely and reliable data can be critical to their success.  Whether they are selling products on the wholesale or retail market, producers need to quickly see the commodities in demand and how much they should be charging for their product or what products are the best buy for shoppers at that moment in time.

The entire agricultural supply chain turns to USDA Market News – administered by USDA’s Agricultural Marketing Service (AMS) – for the data they need when they need it.  Serving stakeholders of all sizes and at all levels of trading, from small producer to retailer to consumer, USDA Market News allows producers and purchasers to realistically compare prices, trends, supply and demand from day to day and from market to market across the country.  USDA Market News ensures that no group is disadvantaged by lack of information. Read more »