Below you'll find a list of all posts that have been categorized as “Economy”
Trump Administration Moves to Ease Fertilizer Supply Concerns for U.S. Farmers Federal Response Targets Fertilizer Shortages In recent agricultural developments, Brooke Rollins joined other cabinet officials to outline a series of actions by the Trump administration aimed at addressing ongoing fertilizer supply concerns impacting American farmers and ranchers. The announcement, delivered during a press conference attended by Southeast AgNet, highlighted …
To no one’s surprise, the Federal Reserve Board expected to leave interest rates unchanged at the conclusion of their meeting. Looking at CME’s FedWatch tool shows a better than 90% chance rates will not change at the June meeting or July meeting. There is no meeting in May. There’ll be a new Fed chairman when the board does meet in June …
Secretary of Agriculture Brooke Rollins has announced that the USDA is maximizing disaster assistance support for producers across the country by issuing a second supplemental disaster relief program. That payment is eligible by producers who have approved programs already for losses due to natural disasters. That’s all the way back to 2023 and 24. FSA has already provided 6.7 billion dollars for the supplemental …
Weekly crop update show planning progress in this area, but still slow north of Interstate 80 in the Northern Belt. Rain, of course, one factor, but April is ending on a chilly side. Soil temperatures still below 50 degrees, many areas north of Sioux Falls, South Dakota. In fact, Ames, Iowa, just last week, surpassed 52 degrees at the 4-inch level. And we …
Farm Bill 2.0 Gains Momentum as House Vote Nears Agricultural Groups Push for Long-Awaited Legislation As momentum builds in Washington, agricultural leaders across the country are turning their attention to what many are calling “Farm Bill 2.0.” The U.S. House of Representatives is expected to vote on the legislation this week, marking a critical step forward after years of delays …
US Secretary of Agriculture Brooke Rollins announced late last week that the USDA will be issuing a second payment under the Supplemental Disaster Relief Program to eligible producers. The payment will be available to those producers who have approved applications for losses due to natural disasters in 2023 and 2024. Secretary Rollins said, “President Trump is the most pro-farmer President …
Federal Reserve Board opens its two-day April meeting this week with very little chance of any action on interest rates. Fed Chairman Powell’s term ends next month, and since there is no Fed meeting in May, this will be his last. President Trump has nominated Kevin Walsh to succeed Powell. His confirmation hearings continue. And in comments before Senators last week, Walsh indicated that he’d like …
A longtime axiom in the grain trade is follow oats. Oats knows. Well, if that’s true, there are struggles ahead for all grain producers. USDA’s March acreage report showed oat acres to be the third lowest on record, just 2.4 million acres. It would seem to follow them, fewer acres, reduced supply, that prices would be improving. July oat futures have been range …
Next week’s April Fed meeting shows nearly a 0% chance there’ll be any change in interest rates. The Fed meets next Tuesday and Wednesday, and so a week from today we’ll announce any rate decision. CME’s FedWatch tool right now showing 99.5% chance no change. That’s the highest percentage we have ever seen and yet is understandable with current world events. Looking ahead, there’s …
The Under Secretary for Trade and Foreign Agricultural Affairs Luke Lindberg recently led a group of farmers to Vietnam on an agricultural trade mission and we spoke with Under Secretary Lindberg to get his insights on those discussions. Under Secretary Lindberg said, “The Vietnam one to me was a great story of opportunity. So the U.S.-Vietnam economic relationship is one that’s …
