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Data & Analysis

Agriculture - June 2008

Data Sources on the Web
U.S. Department of Agriculture
U.S. Drought Monitor
 
Excel logo Data
Prices Received by Farmers—Poultry
Prices Received by Farmers-Poultry
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Source: U.S. Department of Agriculture

Excel logo Data
Prices Received by Farmers—Cotton
Prices Received by Farmers-Cotton
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Source: U.S. Department of Agriculture

Excel logo Data
Prices Received by Farmers—Oranges
Prices Received by Farmers-Citrus
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Source: U.S. Department of Agriculture
Data and Analysis

Agriculture

June 2008

Scattered rains in June have not been enough to improve drought conditions in parts of Florida and Georgia. The U.S. Drought Monitor ranked several southern Florida counties as having severe drought conditions. According to a University of Georgia report, Georgia's extreme drought has spread into most of the northeastern counties, and many rivers there are near record low flows.

Market conditions for local poultry and cotton remained favorable, led by strong global demand. However, competition for available containers and shipping space has created logistical problems for some exporters. For Florida's citrus growers, eradication of greening disease is the most pressing challenge to their near-term outlook.

Poultry
Cotton
Citrus

Poultry
Despite favorable market conditions, poultry producers are being challenged by the rising cost of feeds. Costs that earlier in the year were soaring because of high corn and soybean prices are now being compounded by expected lower crop yields in flooded Midwestern states.

Cotton
Prices received by cotton growers were holding strong in May, with cotton exports accounting for about of 70 percent of farm receipts.

Citrus
Orange prices remain near $7 per box, about $3 below 2007 levels. Eradicating greening disease is the most pressing concern for Florida's citrus growers. According to state officials, trees in 32 Florida counties are infected with the disease, which is caused by a bacterium that kills a citrus plant in about two years.


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