Below you'll find a list of all posts that have been tagged as “agriculture economy”
(NAFB) — July 2019 saw decreases in U.S. sales of combines and four-wheel-drive tractors as well as total U.S. two-wheel-drive tractor sales compared to July of last year. Monthly data from the Association of Equipment Manufacturers (AEM) shows U.S. four-wheel-drive tractor sales decreased 4.7 percent in July, compared to last year. U.S. July combine sales decreased 25.9 percent. And, total …
(NAFB) — The Purdue University/CME Group Ag Economy Barometer reading jumped to 153 in July, up 27 points from June, and up 52 points from May. However, it’s safe to expect a decline in the August report. While the Market Facilitation Program payments are a positive to farmers, this week’s announcement that China will stop all purchases of U.S. ag …
Several members of the Georgia Agribusiness Council (GAC) recently took part in the GAC Washington Legislative Fly-In, where important issues impacting Georgia agribusinesses were discussed. Visits included agriculture policy advisers at the White House, leadership from USDA, members of the Georgia Congressional delegation as well as the UGA Ag Fellows who are interning with Georgia representatives. Some of the issues discussed while …
Governor Ron DeSantis announced nearly $13 million has been awarded through the Florida Small Business Emergency Bridge Loan for agricultural producers. More than 70 applications have been approved from farmers in Bay, Calhoun, Franklin, Gadsden, Gulf, Holmes, Jackson, Jefferson, Leon, Liberty, Okaloosa, Wakulla, Walton and Washington counties. “We remain committed to utilizing all available resources to help Floridians continuing to …
(AFBF) — The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “With farm bankruptcies at a record high in some regions of the country, Senate passage of the Family Farmer Relief Act sends an important signal to family farmers and ranchers that our elected officials are willing to act in these challenging times. The bill …
Signup began this week for USDA’s Market Facilitation Program (MFP), and the first round of payments are expected to be issued in mid-to-late August. While the payments are county specific, they are not crop specific, and will be available on planted acres for 2019. Reece Langley, Vice President of Washington Operations for the National Cotton Council (NCC), says they have developed a …
Signup for the new Market Facilitation Program (MFP) starts Monday, July 29 and runs through December 6 at local Farm Service Agency (FSA) offices. Tyron Spearman looks at some of the payments rates that will be made.
(AFBF) — The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “America’s farmers and ranchers applaud the House passage of the Family Farmer Relief Act. After several consecutive years of a trying farm economy, updating Chapter 12 bankruptcy eligibility to the current scale and credit needs of U.S. agriculture is a necessity. Today’s action will …
On Thursday, the U.S. Department of Agriculture (USDA) announced further details of the $16 billion package to help American ag producers affected by trade tariffs. This includes direct payments to farmers through the Market Facilitation Program (MFP). USDA Chief Economist Rob Johansson looks at what is covered under MFP. MFP signup starts Monday at local Farm Service Agency offices. For …
WASHINGTON, D.C. (NPPC) – The U.S. pork industry faces numerous challenges both at home and abroad that, if not addressed, will pose significant harm to our farms, rural communities and ultimately consumers, National Pork Producers Council (NPPC) President David Herring, a pork producer from Lillington, N.C., testified before the House Agriculture Subcommittee on Livestock and Foreign Agriculture. “One of the …
