inflation

USDA Details Trade Damage Estimate Calculations

Dan Economy, Industry News Release

Washington, D.C. (USDA) – U.S. Secretary of Agriculture Sonny Perdue announced that the U.S. Department of Agriculture (USDA) Office of the Chief Economist has published a detailed accounting of how estimated damage from trade disruptions was calculated for its support package for farmers announced on July 25, 2019. USDA’s Office of the Chief Economist developed an estimate of gross trade …

hemp conference

Lots of Questions Concerning Hemp Crops

Dan Hemp

During a recent Senate Agriculture Committee hearing, lawmakers heard the needs of what a U.S. hemp program should address. Kentucky Farmer Brian Furnish told the committee hemp farmers struggle to plant a crop that can emerge, as hemp seed needs very specific conditions for germination and initial growth. He also said weeds are hard to control in hemp because there …

market

Crops Covered Under Market Facilitation Program

Dan Corn, Cotton, Economy, Peanuts, Soybeans, Wheat

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 …

funding

USDA Announces Details of Support Package for Farmers

Dan Economy, Industry News Release

(USDA) — U.S. Secretary of Agriculture Sonny Perdue announced further details of the $16 billion package aimed at supporting American agricultural producers while the Administration continues to work on free, fair, and reciprocal trade deals. In May, President Trump directed Secretary Perdue to craft a relief strategy in line with the estimated impacts of unjustified retaliatory tariffs on U.S. agricultural goods and …

farmer

Funding to Support Socially Disadvantaged and Veteran Farmers and Ranchers

Dan Economy, Industry News Release

WASHINGTON (USDA) – The U.S. Department of Agriculture announced up to $16 million in available funding to help socially disadvantaged and veteran farmers and ranchers own and operate successful farms. Funding is made through the USDA’s Outreach and Assistance for Socially Disadvantaged Farmers and Ranchers and Veteran Farmers and Ranchers Program (also known as the 2501 Program). The program is …

update

Cotton and Peanut Crop Update

Dan Cotton, Peanuts

In our weekly update on the nation’s cotton and peanut crops, U.S. Department of Agriculture meteorologist Brad Rippey says nearly half of the nation’s cotton acreage is squaring. Rippey says over half of the nation’s peanut crop is pegging. In Alabama, 74 percent of the cotton is squaring, which compares to only 62 percent this time last year. Seventeen percent …