By Brad HaireUniversity of GeorgiaNet farm income should keep rising throughout 2004 and the rest of this decade, according to the 2004 Georgia Farm Outlook and Planning Guide, compiled by the University of Georgia Department of Agricultural and Applied Economics.The demand for food and fiber at home and for U.S. farm exports will continue to climb. And supplies are tighter now than in the past.All of that is good news for Georgia farmers, said Don Shurley, the UGA Extension Service economist who edited the outlook.Exports, exportsThe economic health of major Georgia farm commodities like cotton, peanuts and poultry and the future growth of other commodities like vegetables depend greatly on how well they can compete on world markets.”Because we can grow so much of our crops, we generally have more than we can consume in the United States,” Shurley said. “We have to be able to successfully export our commodities.”The continued weakening of the U.S. dollar in international trade markets will make U.S. farm goods easier for other countries to buy in 2004.”When the U.S. dollar weakens,” Shurley said, “farm prices usually respond positively due to increased demand for U.S. exports.”High cotton?Georgia cotton farmers had a great year in 2003. They had a lot of cotton, and the world wanted it. Foreign mills demanded it to make clothes. China, a U.S. cotton competitor, needed it because they had a bad cotton year. And the weaker U.S. dollar helped make it all a little more affordable.These same positive price factors will continue into 2004. But prices probably won’t be as good as in 2003, according to the report.When cotton prices are good in one year, farmers tend to plant more cotton in the next. If they plant more and growing conditions are good, U.S. and world production will likely be high. This will increase the supply and reduce prices.It’s tough to predict, but cotton prices in 2004 will probably be around 60 cents per pound. They got as high as 84 cents in 2003.Powerful peanutsGeorgia peanut farmers can expect better prices in 2004. When prices for other commodities climb, that tends to increase peanut prices, says Nathan Smith, a UGA Extension Service peanut economist.Peanut shellers hope to woo growers into planting peanuts instead of other crops like cotton this spring. They’re contracting peanuts right now for about $400 per ton, $20 higher than 2003 prices.Strong cattleDespite one U.S. case of bovine spongiform encephalopathy, or mad cow disease, in late 2003, Georgia’s cattle outlook is good.U.S. consumers are still demanding beef, and U.S. supplies are relatively tight. This translates into favorable prices for cattlemen, said Curt Lacy, a UGA Extension Service cattle economist.In 2003, a Georgia cattleman could get around 90 cents per pound for a 500-pound steer. He can expect in 2004 to get around 85 cents per pound, still a strong price.According to the outlook, per capita consumption of major Georgia vegetables like bell pepper, tomatoes, sweet corn, onion and cabbage increased by 3 percent to 5 percent in 2003. It’s expected to increase slightly in 2004. Any increase in exports due to the weaker U.S. dollar will help growers, too.Details about these and other Georgia crops can be found in the outlook guide in late January at www.agecon.uga.edu.
Facebook Twitter Google+ Published on November 30, 2019 at 11:24 am Syracuse (4-7, 1-6 Atlantic Coast) hosts Wake Forest (8-3, 4-3) on Saturday at 12:30 p.m. While the Demon Deacons are headed to a bowl game in one of their better seasons in recent years, the Orange look to salvage an otherwise disappointing year after starting the season in the AP Top 25. Below our beat writers predict Syracuse’s final regular season game of the 2019 season. Eric Black (7-4)Out with a whimperWake Forest 38, Syracuse 21I have no idea how the Demon Deacons are currently only favored to win by four points on Saturday. This is an 8-3 Wake Forest team that was ranked as recently as four weeks ago and has five times as many ACC wins as Syracuse does. Not to mention SU is fresh off a 56-34 disaster at Louisville that eliminated it from bowl contention and will likely be playing a considerable amount of upperclassmen backups on senior day. I certainly don’t believe the Orange’s level of effort will be any lower than usual, but that probably won’t matter much in determining the game’s outcome. The Demon Deacons have been a significantly better team than the Orange all season and I don’t see that changing on Saturday. Andrew Graham (8-3)Left in the wakeWake Forest 41, Syracuse 34AdvertisementThis is placeholder textWake Forest is to 2019 what Syracuse was to 2018. The Demon Deacons aren’t miles better than any of the other 12 teams not named Clemson in the Atlantic Coast Conference, but WFU has won its share of close contests and won every game on the schedule it should’ve, plus a few. Thus, they roll into the Carrier Dome at 8-3, a finale and a bowl game away from 10 wins. Sound similar to when SU went in and steamrolled Boston College last year? It is. SU won’t be hamstrung like BC was last year — AJ Dillon was hurting — but the paradigm has flipped. It’s the Demon Deacons gunning to finish the season with a flourish and the Orange just trying to limp across the finish line.Josh Schafer (8-3)Past demonsWake Forest 35 Syracuse 27The last time we saw the Syracuse defense it couldn’t’ stop Louisville. A week later the Orange are lining up against the 16th best offense yardage-wise in the country. Receiver Sage Surratt is already over 1,000 yards while quarterback Jamie Newman is already over 2,000 yards passing and can run the ball as well. It’s a combination Syracuse has seen countless times this year and hasn’t been able to stop yet. SU’s rushing game has picked up in recent games and could continue to bring the Orange much needed offense, but it won’t be enough in a game that will need to be a shootout. Comments