Below you'll find a list of all posts that have been categorized as “Economy”
Income-over-feed margin for May triggers fifth payment for 2019 WASHINGTON, (USDA/FSA) – The U.S. Department of Agriculture’s Farm Service Agency (FSA) opened enrollment for the Dairy Margin Coverage (DMC) program on June 17 and has started issuing payments to producers who purchased coverage. Producers can enroll through Sept. 20, 2019. “Times have been especially tough for dairy farmers, and while we …
ATLANTA (SBA)- The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations that Aug. 12 is the filing deadline for federal economic injury disaster loans in Florida as a result of Hurricane Michael on Oct. 9 – 11, 2018. This disaster declaration includes the following counties: Baker, Columbia, …
(NAFB) — New research shows farm loan delinquencies remain historically low. Several years of persistently low net farm income, collapsing levels of working capital, and rising debt, has sparked concern regarding the overall health of the farm economy. However, Agricultural Economic Insights shows that at the end of 2018, delinquencies rates for non-real estate farm loans totaled 1.84 percent. After …
Vidalia onions grown in Georgia always command a premium price in supermarkets. According to Gary Crawford, this summer that premium is larger than normal.
The signup period for the new Dairy Margin Coverage (DMC) started a couple of weeks ago, and producers are encouraged to check it out before the September 20th deadline. Stephanie Ho has more details. For more information, visit the farmers.gov DMC webpage or contact your local USDA service center.
Poultry profitability is coming under pressure as prices decline amid growing supplies. A new report from CoBank says the U.S. chicken industry has experienced an unprecedented run of historic profitability since 2012 and responded by significantly increasing production and processing capacity. Six new poultry processing plants are expected to be operating by 2020, while production and supplies of competing animal …
USDA’s Natural Resources Conservation Service reminds landowners their signup period for National Conservation Innovation Grants (CIG) continues. USDA is investing up to $12.5 million to help support the adoption of innovative conservation approaches on agricultural lands. CIG are competitive grants driving public and private sector innovation in resource conservation, with projects inspiring creative problem-solving that boosts production on farms, ranches, and private …
(AFBF) — A cookout of Americans’ favorite foods for July 4th, including hot dogs, cheeseburgers, pork spare ribs, potato salad, baked beans, lemonade and watermelon, will cost just a few cents more this year, coming in at less than $6 per person, says the American Farm Bureau Federation. Farm Bureau’s informal survey reveals the average cost of a summer cookout …
The World Trade Organization (WTO) has been receiving complaints about the aid money that U.S. farmers are getting from the government. However, Ag Secretary Sonny Perdue says he’s not concerned that the payments will be a problem. “We had to design a program very carefully to make sure we do not violate the WTO limit,” he said to reporters in …
USDA Undersecretary for Farm Production and Conservation Bill Northey says more than 5,000 dairy operations have signed up for the new Dairy Margin Coverage (DMC) Program. The exact number was 5,364 as of last Thursday afternoon. Northey says about 40,000 dairy operations are eligible to enroll, but overall he’s pleased with the number of producers who’ve signed up since June …
