Daily News Reports »

Bob Larson Hurricane Snap Replacements and Americans Dining Out More
by Bob Larson, click here for bio

Program: The Agribusiness Update
Date: October 19, 2018

Click on the play button to listen to report.

Download Report: Hurricane_Snap_Replacements_and_Americans_Dining_Out_More.mp3

From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.

**Households impacted by Hurricane Michael in 12 Florida counties could be eligible for mass replacement of Supplemental Nutrition Assistance Program benefits.

It’s one of several steps USDA is taking to ensure Floridians have the means to purchase food.

Acting Deputy Under Secretary, Brandon Lipps says many residents lost everything, including food they’d purchased previously with SNAP benefits.

Rather than require SNAP households to report food losses individually, USDA has granted Florida the ability to approve automatic mass replacements.


**Since 2010, U.S. consumers are spending more money dining out than for food prepared at home. For farmers and ranchers, the trend means they receive less of the overall food dollar.

American Farm Bureau Federation economic analyst, Megan Nelson attributes the trend to rising U.S. incomes.

The recent installment of USDA’s Food Expenditure Series shows consumers spent a record $1.62 trillion on food and beverages in 2017, with 53 percent spent dining out and 46 percent spent on food consumed at home.

Find the full analysis at fb.org/market-intel

**Claims made by the oil industry regarding E15 in a recent op-ed are not true, according to the National Corn Growers Association.

The American Petroleum Institute claims ethanol, as mandated in the U.S. fuel supply by the Renewable Fuel Standard, is ripping off consumers.

However, NCGA President Lynn Chrisp says the oil industry opposes E15 and other ethanol blends simply because they take market share from the industry.

Learn more online at www.ncga.com

Recent Reports from The Agribusiness Update

Click here to see Archived Reports