trump

Farm Futures Survey: Farmer Support for Trump Slipping

Dan Economy, Industry News Release, Trade

A poll by Farm Futures shows support to Donald Trump from farmers is slipping. The survey found that 60 percent of farmers would vote for the president if the election were held today. That’s down from the 75 percent support level Trump received from growers in the 2016 election. Meanwhile, 24 percent said they would not vote for reelection and …

wheat

Poll Shows Voters Narrowly Support Aid for Farmers

Dan Economy, Industry News Release

A poll by Morning Consult and Politico shows nearly six in ten voters favor President Trump’s $12 billion plan to provide aid to farmers suffering from his trade policy. Nearly 2,000 registered voters were surveyed, and 57 percent either somewhat or strongly support the farmer aid package that was announced a week ago. Support came primarily from Republicans, with nearly …

nuisance

Roundtable to Discuss Nuisance Lawsuits

Dan Economy, Industry News Release

Agriculture leadership and lawmakers will come together Friday to discuss the threat that nuisance lawsuits pose to the U.S. agriculture industry, rural America, and farm families. North Carolina U.S. Representative David Rouzer, and Senator Thom Tillis, along with House Agriculture Committee Chair Mike Conaway, and North Carolina Agriculture Commissioner Steve Troxler, will convene the National Agriculture Leaders Roundtable, which will …

tax cuts

Farmers Benefiting from Trump Tax Cuts

Dan Alabama, Economy, Industry News Release

Farm families are reaping the benefits of the Tax Cuts & Jobs Act (TCJA) signed by President Donald J. Trump in December, according to a U.S. Department of Agriculture (USDA) report. The Economic Research Service (ERS) studied 2016 Internal Revenue Service and USDA data and released findings last month showing the effective tax rate for farmers is 3 to 6 percent …

august creighton mainstreet index

USDA Designates Georgia Counties as Primary Natural Disaster Areas

Dan Economy, Georgia, Industry News Release

Emergency Support to Producers in Surrounding Counties/Border States Also Available Georgia agricultural producers who suffered losses and damages due to recent natural disasters may be eligible for U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) emergency loans. The loans are made available under the authority of the Secretary of Agriculture, Sonny Perdue, for losses caused by two separate disaster events. …

financial health

U.S. Chamber: Trade Aid for All Could Cost $39 Billion

Dan Economy, Industry News Release, Trade

Providing aid to industries impacted by negative trade policy could cost the nation $39 billion, according to new data by the U.S. Chamber of Commerce. Farmers are expected to receive a $12 billion aid package to lessen the burden of trade disputes by the Trump administration. The U.S. Chamber of Commerce calls farmers and ranchers the “hardest hit” by Trump’s …

august creighton mainstreet index

Rural Mainstreet Economy Expands for June

Dan Economy, Industry News Release

The Creighton University Rural Mainstreet Index measured above growth neutral in June for a fifth straight month. This is the first time since July 2015 the survey has recorded five straight months of overall indices above growth neutral, according to the monthly survey of bank CEOs in rural areas of a Midwest dependent on agriculture. However, the overall index slid …

ag economy

Ag Economy Barometer Monthly Results

Dan Economy, Industry News Release

Farmers showed more optimism in the latest Purdue University/CME Group Ag Economy Barometer. The May survey reading was 141, 16 points higher than April and the highest since January of last year. A rating below 100 is negative, while a rating above 100 indicates positive sentiment regarding the agriculture industry. The rise in the barometer, a sentiment index derived from …