ftc

FTC Nominee Pledges to Look Closely at Ag Mergers

Dan Economy, Industry News Release

The Federal Trade Commission (FTC) would take a look at past merger deals to see if regulators were too easy on the companies involved. That’s the promise of Joseph Simons, the White House nominee for FTC Chairman. Simons said during a Senate confirmation hearing, he would direct a formal study of closed deals, including some in the agriculture industry. He …

trump

Trump Budget Proposal Considered “DOA”

Dan Economy, Industry News Release, Legislative

Presidential budget proposals have been dead on arrival before. However, the Hagstrom Report says no budget outline has been as dead as the one President Trump sent to members of Congress on Monday. No one in the entire American food chain seems happy with what they’ve seen. Everyone, from members of Congress to farm leaders, crop insurance executives, as well …

crop insurance

What’s New For Crop Insurance?

Dan Economy, Field Crops, Livestock, Nursery Crops, Specialty Crops

Producers are encouraged to find out what’s new for crop insurance this year before the upcoming deadlines. Stephanie Ho has the story. What’s New For Crop Insurance?-1 Rob Johansson, Acting Deputy Under-secretary for Farm Production and Conservation, explains why crop insurance is an important part of the farm safety net. What’s New For Crop Insurance?-2

infrastructure

President’s Infrastructure Plan Paves Way for Boosting Rural Economy, Farm Bureau Says

Dan Economy, Industry News Release

The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “President Trump’s ‘Building a Stronger America’ plan promises to bring long overdue improvements to the country roads, bridges and broader infrastructure that farmers and ranchers depend on to reach customers at home and abroad. While past infrastructure plans have left rural America in the dust, this …

tyson

Tyson: Higher Freight Costs Will Push Up Consumer Prices

Dan Economy, Industry News Release

Tyson said the rising cost of freight is starting to put pressure on all of its businesses. That means consumers will eventually feel that pressure in the form of higher prices for all its products. The company says the tight trucking market will add more than $200 million to its cost structure this year. Chief Executive Tom Hayes says, “Freight …

bill

What the Budget Bill Means for Farmers and Ranchers

Dan Economy, Industry News Release, Legislative

The disaster assistance spending measure has been watched carefully by producers who were hit hard by natural disasters. Producers in California, Florida, Texas, and even Puerto Rico lost crops and livestock because of wildfires and hurricanes last year. Politico says America’s dairy and cotton producers also have been looking for subsidy increases because of a serious economic downturn. The bill …

ag committee

Ag Committee Leaders Praise Bipartisan Budget Act

Dan Economy, Industry News Release, Legislative

Senate Ag Committee Chair Pat Roberts says the Bipartisan Budget Act passed in both chambers of Congress benefits Americans in many ways. It avoids a government shutdown, raises military funding, contains disaster assistance for several states that were hit hard by natural disasters, and improves livestock assistance programs. Roberts says, “In addition to disaster assistance for states hit hard by …

budget farm bill

Two-year Budget Deal Key for Agriculture

Dan Economy, Florida, Industry News Release

The two-year budget deal passed by Congressional leaders is key for agriculture, including farm program fixes, disaster aid and tax break extenders. American Farm Bureau budget adviser, RJ Karney, looks at some of the key program fixes needed to write the next farm bill. Two-year Budget Deal Key for Agriculture-1 Karney says AFBF and Ag Committee leaders were also behind …