California's unrelenting drought is causing some farmers to consider pulling out of the food production business, reported Mark Korba on CNBC.
Bruce Lindquist, UCCE specialist in the Department of Plant Sciences at UC Davis, told the reporter that some farmers have decided to sell their water instead of trying to grow a crop. In fact, water is at such a premium, it is impacting the sale of farmland in California.
"It used to be location, location, location when it came to sales, but now it's water, water, water," said a real estate agent interviewed for the story.
The story included an interview with Northern...
At the World Ag Expo in February, nine states had booths designed to recruit California dairy operators out of the Golden State, reported the Los Angeles Times.
South Dakota Governor Dennis Daugaard himself made a personal appeal for the state, where ag officials estimate that a single dairy cow creates $15,000 in economic activity each year.
In recent years, an average of 100 California dairies have closed annually, said Leslie "Bees" Butler, UC Cooperative Extension specialist in the Department of Agricultural and Resource Economics at UC Davis.
"Ten years ago,...
A story about USDA milk production forecasts for 2012 and 2013 included commentary from Leslie "Bees" Butler, UC Cooperative Extension specialist in the Department of Agricultural and Resource Economics as UC Davis.
Rising feed prices have caused some producers to sell cows rather than bear the expense of feeding them. Another option is to slaughter cows. Dairies have been doing that a lot -- to the chagrin of glut-wary beef producers -- since 2009 when the all milk price dropped to as low as $11.30 per hundred pounds, the story said.
A strong dollar at the time made foreign goods cheaper and domestically produced goods more expensive, Butler told reporter Courtenay Edelhart....