Producers More Optimistic in October Survey

Dan General

The latest Purdue/CME Group Ag Economy Barometer showed farmer optimism improving slightly in October, coming in at an index of 135. That’s actually the third-highest level since the survey began two years ago. The modest improvement during October came about because of increasing optimism for what lies ahead. The Index of Future Expectations increased from 130 to 137 in October. …

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Lawmaker Combee Named to Federal Farm Post

Dan General, Legislative

State Rep. Neil Combee, R-Auburndale, will leave the Legislature after he was appointed Friday as federal Farm Service Agency and Rural Development state director. It was not immediately clear when Combee will leave the House. “Would like to stay until the end of Session unless it is an absolute requirement. Know for sure in a few days,” Combee tweeted Sunday. …

Yields High, Prices Low for Alabama’s Corn Crop

Dan General

Alabama farmers planted fewer acres of corn this year, but high yields could elevate the harvest to near record levels. “Good yields are always a blessing,” said the Alabama Farmers Federation’s Carla Hornady. “Farmers need high yields to help offset low prices this year.” U.S. Department of Agriculture spring reports showed Alabama farmers planted 240,000 acres of corn, a 27 …

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Egypt Downplaying Wheat Cargo Denials

Dan General

The world’s largest wheat buyer is backing away from recent comments regarding poppy seeds found in wheat shipments. Egypt has rejected two cargoes of wheat for import after testing found the shipments were contaminated with poppy seeds that Egypt called “drug-producing.” However, the poppy seeds were found to be of non-opium producing kinds, and Egypt now calls them “not very …

Tax 1099 Misc form

Poll Shows Americans Support Tax Reform for Farmers

Taylor Hillman General

A new poll shows a large majority of American voters support tax reforms, including some changes that would help America’s farm and ranch families. The survey, conducted by Morning Consult, found that 7 out of 10 American voters agreed passing tax reforms should be an important priority for Congress. Over half the voters supported specific tax reform provisions that would …

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A New Source of Help for Young and Beginning Farmers

Dan General

Saturday, U.S. Agriculture Secretary Sonny Perdue signed a Memorandum of Understanding with officials from SCORE, the nation’s largest volunteer network of expert business mentors, to support new and beginning farmers. The agreement provides new help resources for beginning ranchers, veterans, women, socially disadvantaged Americans and others, providing new tools to help them both grow and thrive in agri-business. According to …