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

policy

Florida Ag Policy Conference to Help Growers Deal With the Ever-Changing Global Economy

Dan Economy, Industry News Release

In light of the competitive and dynamic global economy, experts from UF/IFAS and other organizations will share knowledge about how to deal with pressures facing growers in Florida at the third annual Florida Agricultural Policy Conference. The conference will be held Feb. 21 at the UF/IFAS Mid-Florida Research and Education Center in Apopka, Florida. Whether it’s trade agreements, labor, water …

vertical farming

Report: Vertical Farming Happening Now

Dan Industry News Release, Vegetables, Water

Vertical farming won’t replace conventional farming, but researchers say vertical farming is happening now, and growing. Research by Stanford University shows vertical farming is growing and will likely be needed to complement traditional farms to “meet the food demands of tomorrow.” Vertical farming is the practice of producing food in vertically-stacked layers. The farms are in enclosures that provide a …

farmers

Tax Reform Will Benefit Ag Community in Many Ways, Right Away

Dan Economy, Industry News Release

A U.S. representative from Washington State says the end of 2017 tax reforms will benefit agriculture immediately. Central Washington representative Dan Newhouse says there will be many benefits to the ag industry, and many, right away. Tax Newhouse added, while a few details have yet to be realized, and some of the benefits will not take place immediately, he’s confident …

optimism

Index Shows Farmer Optimism Increasing

Dan Economy, Industry News Release

A survey of farmers shows optimism is increasing in the Midwest farm country, despite continued low prices. The latest DTN/The Progressive Farmer Agricultural Confidence Index found increasing optimism, posting an overall score of 113, up 9 points from August and 15 points higher than the “Trump Bump” survey of a year ago. The so-called “Trump Bump” represented an increase in …

usda

Ag Economist: Farming Preparing for Financial Winter

Dan Economy, Industry News Release

If you’re not happy with the weather, wait a little while and things will change. That phrase works not only for the weather, but the overall ag economy. Ag economist and financial analyst Dr. Dave Kohl recently spoke at the 2017 Ag Bankers Conference in Wisconsin. He said the ag economy runs through four seasons. He also said the current …

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. …

lending

Report: Farm Lending Stabilizing

Dan Economy, Industry News Release

The Kansas City Federal Reserve Bank reports farm lending has stabilized, but risks remain. The Federal Reserve’s Agricultural Finance Databook shows risks in the sector have remained alongside a persistently weak agricultural economy. The volume of non-real estate farm loans originated in the third quarter this year increased about two percent from the previous year. The slight increase followed a …

rural mainstreet

Rural Mainstreet Index Lower

Dan Economy, Industry News Release

The Rural Mainstreet Index fell to its lowest level of the year last month as farmland prices declined and agriculture equipment sales were dismal. The index, compiled by Nebraska’s Creighton University, surveys bank CEO’s in ten Midwestern states. Overall, the index, which ranges between 0 and 100, slumped to 39.6, its lowest level since December 2016, and down from 42.2 …