april

Ag Economy Barometer Falls in April

Dan Economy, Industry News Release

The Ag Economy Barometer plummeted in April, declining to a reading of 115, an 18-point decline compared to March when the index stood at 133. The 18-point decline in the index was the fourth largest one-month fall in the barometer since data collection began in October 2015. Organizers say the barometer’s decline was driven by worsening perceptions of both current …

florida

Is Florida Agriculture Under Attack by State Political Leaders?

Dan Editorial, Florida, Legislative, Water

by Gary Cooper As Florida lawmakers return home from a frustrating legislative session for Florida’s agriculture industry, the state’s farmers and ranchers wonder where they stand in a political environment that is much different than years past. Florida’s population continues to grow with about 1,000 new residents daily, with no end in sight. The negative environmental impacts from this historic …

senate

Congress Once Again Taking Up Disaster Aid

Dan Economy, Industry News Release

The U.S. House is set to work on a disaster aid bill that includes financial help for Midwestern and Southern Farmers. The Hagstrom Report says House Majority Leader Steny Hoyer made the announcement last week as the House adjourned until Tuesday. Hoyer says the House will consider H.R. 2157, which is the Supplemental Appropriations Act of 2019. “The legislation would …

dairy producers

USDA Announces Repayment Options for Producers with Coverage in Previous MPP for Dairy

Dan Dairy, Economy, Industry News Release

USDA’s Farm Service Agency (FSA) announced that dairy producers who had coverage under the Margin Protection Program for Dairy (MPP-Dairy), which provided payments to producers when the price of milk fell below the feed costs to produce it, are eligible to receive a repayment for part of the premiums paid into the program. To be eligible for this repayment, which …

food dollar

Farmer’s Share of the Food Dollar Falls to All-Time Low

Dan Economy, Industry News Release

The farmer’s share of the food dollar has reached an all-time low. For every dollar American consumers spend on food, U.S. farmers and ranchers earn just 14.6 cents, according to a report recently released by the U.S. Department of Agriculture’s Economic Research Service. This value marks a 17 percent decline since 2011 and the smallest portion of the American food …

nap

NAP Buy-Up Coverage Now Available

Dan Economy, Farm Bill, Field Crops

USDA’s Farm Service Agency (FSA) wants to remind producers that higher levels of coverage are available through the Noninsured Crop Disaster Assistance Program (NAP). The 2018 Farm Bill also increased service fees and made other changes to the program, including service fee waivers for qualified military veterans interested in obtaining NAP coverage. NAP provides financial assistance to producers of commercial …

farm bill

2018 Farm Bill Increases Farm Loan Limits

Dan Economy, Farm Bill, Industry News Release

Higher limits are now available for borrowers interested in farm loans from the Department of Agriculture. USDA announced last week the increase would help farmers purchase farms or cover operating expenses. The 2018 Farm Bill increased the amount that producers can borrow through direct and guaranteed loans available through USDA’s Farm Service Agency, and made changes to other loans, such …

glyphosate

Secretary Perdue Statement on Vietnam’s Ban on the Importation of Glyphosate

Dan Industry News Release

U.S. Secretary of Agriculture Sonny Perdue issued the following statement in response to the announcement by Vietnam’s Ministry of Agriculture and Rural Development (MARD) that Vietnam will ban the importation of glyphosate: “We are disappointed in Vietnam’s decision to ban glyphosate, a move that will have devastating impacts on global agricultural production. As I’ve often said, if we’re going to …

ag economy

Ag Economy Barometer Drifts Lower

Dan Economy, Industry News Release

Farmers are expressing more concerns regarding the future as the monthly Ag Economy Barometer drifts lower. Released this week, the March survey fell to 133 down from 136 a month earlier. Organizers say increasing concerns about future economic conditions drove the barometer lower as the Index of Future Expectations declined to 139 in March compared to an index value of …