A new economic study warns that a renewed trade war between the U.S. and China could severely harm American farmers while benefiting Brazil and Argentina. The study, conducted by World Agricultural Economic and Environmental Services, was commissioned by the American Soybean Association (ASA) and the National Corn Growers Association (NCGA). It highlights the risks of imposing new tariffs on Chinese …
FSA Updates Loan Assistance Tool to Support Lenders
The Farm Service Agency (FSA) has updated its Loan Assistance Tool (LAT) to better assist lenders with the loan application process. Originally designed to help farmers and ranchers streamline their loan applications, the LAT now offers new features tailored to meet the needs of lenders, improving access to resources and simplifying loan guarantees. The LAT provides an interactive, step-by-step guide, …
Wall Street Discussing Interest Rate Cuts
Cuts in interest rates are once again topping conversations on Wall Street. Mark Oppold explains what the thinking is at this time. Sponsored ContentNuseed Carinata Covers New GroundOctober 1, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
NCBA Making Taxes a Top Priority
With the Tax Cuts and Jobs Act expiring at the end of next year, the National Cattlemen’s Beef Association (NCBA) is kicking off a major push on tax policy for the year ahead. Rusty Halvorson has the story. NCBA President Mark Eisele says he’s concerned about what he’s hearing from Capitol Hill regarding the possible future direction of tax policy. “I …
Agricultural Futures Continue to Struggle
With harvest continuing across the growing areas of our country, agricultural futures continue to struggle. Mark Oppold has an update on what traders are facing right now. Sponsored ContentNuseed Carinata Covers New GroundOctober 1, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Progress Report on Partnerships for Climate Smart Commodities
According to USDA, the Partnerships for Climate Smart Commodities program has been very successful. Gary Crawford has more. Sponsored ContentNuseed Carinata Covers New GroundOctober 1, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Chiquita Ordered to Pay $38.3 Million in Wrongful Death Case
A federal judge entered judgment today against Chiquita Brands International, Inc. for $38.3 million, confirming a jury’s June 2024 verdict. The compensation is for the wrongful deaths of seven Colombian nationals, which a jury found were caused by Chiquita’s financial and material support to violent terrorist groups in Colombia. The six-week trial concluded with a unanimous verdict against the company. …
Southeast Producers Impacted by Hurricane Helene to Receive Indemnity Payments
Southeast producers suffering Hurricane Helene related damages and losses will soon receive indemnity payments under a federal crop insurance product. Last week, the U.S. Department of Agriculture (USDA) announced the counties that have triggered for payment under the Hurricane Insurance Protection-Wind Index (HIP-WI) endorsement for Hurricane Helene. As a result, Approved Insurance Providers (AIP) have 30 days to issue payments …
Farmers Face Jan. 1 Deadline to File Federal Ownership Reports
Thousands of farmers could face severe penalties, including fines and jail time, if they do not meet a new federal reporting deadline. The U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) requires businesses, including many farms, to submit Beneficial Ownership Information (BOI) by January 1, 2025. A recent analysis from the American Farm Bureau Federation (AFBF) estimates that more …
Corporate Earnings Season Continues
The corporate earnings season continues this week. Mark Oppold looks at some of the companies expected to release that information as the week progresses. Sponsored ContentNuseed Carinata Covers New GroundOctober 1, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024