farm debt

Farm Debt Levels Equaling 1980s Farm Crisis

Dan Economy, Industry News Release

The amount of farm debt has risen rapidly to $409 billion. That’s up from $385 billion in 2018. U.S. Ag Secretary Sonny Perdue says demand for loans remains “historically high.” A Reuters article says the strain on the American farm belt is becoming more and more comparable to the agricultural crisis of three decades ago. The strain is being caused …

farm debt

USDA to Release Complete Set of Tables for Agricultural Projections to 2028

Dan Economy, Industry News Release

On Feb. 14, 2019 at 12 p.m. EST, the U.S. Department of Agriculture (USDA) will release the complete set of tables prepared for the upcoming USDA Agricultural Projections to 2028 report. The new tables will include projections for farm income, U.S. fruits, nuts, and vegetables supply and use, and global commodity trade. Tables containing long-term supply, use, and price projections …

perdue 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