How Dry is it? Drought Monitor Shows Lack of Rainfall in Parts of Southeast

Dan Agri-Business, Drought, Weather

Florida’s dry conditions continue to persist throughout most of the state, according to Thursday’s release of the U.S. Drought Monitor. An extreme drought remains along the west coast of the state, starting as far north as Levy County and stretching as far south as Hillsborough and Manatee counties. A severe drought persists along the west coast as well, starting in …

SNAP Work Requirements in Farm Bill Discussions

Dan Agri-Business, Farm Bill, Legislative

As lawmakers continue early work on shaping the 2023 farm bill, one of the bill’s biggest programs continues to create a divide. Nutrition programs account for about 80 percent of the farm bill, and the Supplemental Nutrition Assistance Program (SNAP) is the largest food assistance program administered by the US Department of Agriculture (USDA). Lawmakers on both sides of the …

Legislation Seeks to Increase USDA Technical Service Providers

Dan Agri-Business, Conservation, USDA-NRCS

Legislation introduced in the U.S. House and Senate last week seeks to help address America’s shortage of Technical Service Providers at the Department of Agriculture. Technical Service Providers help producers deploy and manage conservation programs through one-on-one assistance. USDA Natural Resources Conservation Service (NRCS) Chief Terry Cosby recently projected his agency would need to hire between 3,000 and 4,000 employees …

Ag Economy Barometer: Farmer Sentiment Improves

Dan Agri-Business, Economy

Farmer sentiment improved modestly in April as the Purdue University-CME Group Ag Economy Barometer reversed a two-month decline, up six points to 123. The Current Conditions Index rose three points to 129, while the Index of Future Expectations rose seven points to 120. More producers expect prime interest rates to either hold steady or possibly decline during the next 12 …

Preparing For Another Interest Rate Hike

Dan Agri-Business, Economy

Wall Street is preparing for another interest rate hike from the Fed. Mark Oppold has more details. Sponsored ContentFlorida Cattle Enhancement Board Helps to Support Forage Development and Management PracticesMarch 6, 2026CIR Agriculture Harvester ProductsMarch 1, 2026Florida Cattle Enhancement Board Offers Targeted Research for Florida Cattle IndustryFebruary 20, 2026Florida Cattle Enhancement Board Allows Viable Research in the Cattle IndustryFebruary 6, …

Additional Assistance for Farm Loan Borrowers

Dan Agri-Business, Economy, Funding, This Land of Ours, USDA-FSA

There’s more assistance on the way for some farm loan borrowers. That’s coming up on This Land of Ours. The U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) announced, on May 1, 2023 (see below News Release), that nearly $130 million in additional, automatic financial assistance has been obligated for qualifying farm loan program borrowers who are facing financial …

World Bank: Commodity Prices to Drop Through 2024

Dan Agri-Business, Commodities, Economy, Field Crops, This Land of Ours

Look for a drop in commodity prices through next year. That’s coming up on This Land of Ours. Global commodity prices are expected to drop this year at the fastest clip since the beginning of COVID-19. A World Bank report says that clouds the prospective growth of approximately two-thirds of the developing economies that depend on exports. The Commodity Markets …

Grain Futures Seeing Lower Prices

Dan Agri-Business, Beef, Cattle, Commodities, Corn, Economy, Field Crops, Marketing, Soybeans, Trade, Wheat

As of late, the grain trade has been nothing to get excited about. Mark Oppold says it’s almost like this year’s crop is already in the bin. Sponsored ContentFlorida Cattle Enhancement Board Helps to Support Forage Development and Management PracticesMarch 6, 2026CIR Agriculture Harvester ProductsMarch 1, 2026Florida Cattle Enhancement Board Offers Targeted Research for Florida Cattle IndustryFebruary 20, 2026Florida Cattle …

Number of U.S. Farms Continues to Decline

Dan Agri-Business, USDA-ERS

New data released this week by USDA’s Economic Research Service (ERS) shows the number of U.S. farms continues to decline. After peaking at 6.8 million farms in 1935, the number of U.S. farms and ranches fell sharply through the early 1970s. Researchers say the rapidly falling farm numbers in the mid-20th century reflect the growing productivity of agriculture, increased mechanization, …