Below you'll find a list of all posts that have been categorized as “Economy”
Hurricane Recovery Funding Applauded by State Officials Florida’s agricultural sector is set to receive a major infusion of federal support following consecutive years of devastating hurricanes. Earlier this week, U.S. Secretary of Agriculture Brooke Rollins announced $675 million in federal block grant funding dedicated to aiding Florida’s agricultural producers impacted by the 2023 and 2024 hurricane seasons. Reporting by Dale …
USDA and Florida Partner on $675.9 Million Block Grant U.S. Secretary of Agriculture Brooke Rollins recently visited Florida to meet with agricultural leaders and producers, where she announced major disaster recovery assistance for the state’s farmers. During her visit, Secretary Rollins signed a Block Grant Agreement with the Florida Department of Agriculture and Consumer Services (FDACS) to provide targeted support …
USDA to Deliver $675.9 Million in Relief to Hurricane-Affected Producers U.S. Secretary of Agriculture Brooke Rollins has announced a significant financial aid package to support Florida farmers impacted by recent hurricanes. A total of $675.9 million in disaster relief will be provided through the USDA, targeting losses caused by Hurricanes Idalia, Debbie, Helene, and Milton. Dale Sandlin with Southeast AgNet …
Ground Beef Prices Continue Upward Climb Ground beef prices in the United States surged to new highs in June, reflecting ongoing challenges in the cattle industry and global trade dynamics. According to a report from the National Association of Farm Broadcasters, prices are being driven up by a combination of domestic herd contraction and international import restrictions. Dale Sandlin with …
Q2 Earnings Season Accelerates: Agricultural Firms in Focus The second quarter corporate earnings season is ramping up, with more than 500 companies scheduled to report results this week. This earnings wave includes a notable mix of agricultural and ag-related companies that are expected to draw attention from both Wall Street and the broader agri-business sector. Among the major names reporting …
Peanut Industry Sends Relief to Texas Hill Country Peanut Proud, the humanitarian organization representing the U.S. peanut industry, has stepped up to support communities impacted by recent flooding in the Texas Hill Country. The group announced it has shipped 30,240 jars of its Peanut Proud peanut butter to the San Antonio Food Bank to assist those affected by last week’s …
U.S. Agriculture Secretary Brooke Rollins has announced the termination of the Regional Food Business Centers Program, a USDA initiative launched during the pandemic under the Biden Administration. The decision marks a major shift in how the agency plans to support regional food systems moving forward. Program Faced Operational and Funding Challenges The program, administered through the USDA’s Agricultural Marketing Service …
Corn Futures Hover Near Support Ahead of Harvest As the market approaches the end of the week, December corn futures are flirting with the $4.07 level. However, analysts point to $4.00 as a solid support point, with both domestic users and international importers prepared to purchase at any further price declines. The corn crop is now sufficiently close to harvest, …
U.S. Trade Relations at Risk as August 1 Deadline Looms Over the weekend, former President Donald Trump issued a sharp warning to two of the United States’ largest trading partners, threatening to impose a 30% tariff on imported goods from Mexico and the European Union starting August 1, 2025. The announcement has sparked international concern and raised tensions as ongoing …
Q2 Earnings: Financial Sector in Focus, Ag Impacts Ahead Second Quarter Earnings: Financial Institutions Take the Lead As second quarter corporate earnings reports continue to roll in, this week’s spotlight is firmly on major banks and financial institutions. Names such as JPMorgan Chase, Wells Fargo, Bank of America, and Goldman Sachs are scheduled to report their latest financial results. While …
