Georgia Farmers A Fork In The Road and Trucking Prices Soar
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**From mushrooms and peaches to pecans and peanuts, Georgia growers are sharing their stories on the new Georgia Grown TV series, “A Fork in the Road.”
According to www.thepacker.com, more than a dozen episodes have aired on Georgia Public Broadcasting channels.
Sponsored by Georgia Grown, the marketing and economic arm of Georgia’s Department of Agriculture, “A Fork in the Road” gives consumers a realistic look at food production in Georgia and each company’s story.
**The improving farm financial situation is benefitting the ag equipment sector, and as a result, tractor sales continue to do well.
www.agweb.com reports, new numbers from the Association of Equipment Manufacturer’s monthly “flash report” show sales of all tractors were up 23% last month compared to the same month last year.
In the first four months of the year, sales are up 39% year to date.
**Trucking prices shot up in mid-May and will likely to continue that trend through the Fourth of July thanks to the rising spot market for trucks.
In recent USDA reports, according to www.thepacker.com, refrigerated truck rates for Salinas-Watsonville, California vegetable shippers reached as high as $12,200 to Boston on May 11, up 10% from the previous week and up 24% since March 27.
Mid-May rate increases ranged from 6% to 10%, with diesel prices up 33% year over year on average.