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Below you'll find a list of all posts that have been categorized as “Economy”
Georgia leaders, farmers and elected officials are urging Congress to quickly pass the bipartisan disaster relief package introduced last week by U.S. Senators David Perdue (R-GA) and Johnny Isakson (R-GA). President Trump, working with a bipartisan group of senators, has confirmed his support for disaster relief and encouraged Congress to pass legislation with funding for Georgia and other states that …
U.S. Agriculture Secretary Sonny Perdue says implementing a new Farm Bill based Dairy Margin Coverage program as soon as possible is a priority. Rod Bain has the story.
The Georgia Fruit and Vegetable Growers Association (GFVGA) and Georgia Farm Bureau (GFB) has announced they are hosting an Ag Disaster Update, Tuesday March 5 in Tifton. It will be held at 7:00pm at the UGA Tifton Conference Center. Both Georgia Governor Brian Kemp and Agriculture Commissioner Gary Black have confirmed they will attend to provide updates on state and …
The amount of farm debt has risen rapidly to $409 billion. That’s up from $385 billion in 2018. U.S. Ag Secretary Sonny Perdue says demand for loans remains “historically high.” A Reuters article says the strain on the American farm belt is becoming more and more comparable to the agricultural crisis of three decades ago. The strain is being caused …
U.S. Secretary of Agriculture Sonny Perdue reiterated during a U.S. Senate hearing the need to restore the original intent of the Supplemental Nutrition Assistance Program (SNAP), which is to be a second chance and not a way of life. Secretary Perdue’s comments come on the heels of the U.S. Department of Agriculture (USDA) publishing in the Federal Register a proposed …
The World Trade Organization (WTO) has now officially ruled in favor of the U.S. in a complaint related to Chinese subsidies for agricultural products. The WTO dispute settlement panel found that China exceeded international standards for farming support, causing trade distortion and creating artificial pricing for wheat and rice. The ruling was expected to go in favor of the U.S. …
The Trump 2020 budget proposal will include “big cuts” to the Department of Agriculture, according to Agriculture Secretary Sonny Perdue. The budget request will propose cutting non-defense programs by five percent. However, Politico reports USDA is likely to face steeper budget cuts. Perdue noted that Congress usually disregards the president’s budget request, which in recent years has unsuccessfully called for …
A coalition of more than 50 farm groups is asking lawmakers to safeguard crop insurance. The organizations, including the American Farm Bureau Federation, warned in a letter to top-ranking House and Senate budget leaders this week that “An overreliance on budget savings from the agriculture community and from crop insurance will unquestionably undermine rural economies.” 2018 farm profitability is expected …
The deadline to place peanuts in the loan is Thursday, February 28. Tyron Spearman has the details.
President Trump Drives Effort For Disaster Relief Funding U.S. Senators David Perdue (R-GA), Johnny Isakson (R-GA), Doug Jones (D-AL), Marco Rubio (R-FL), Rick Scott (R-FL), Tim Scott (R-SC), Thom Tillis (R-NC), and Dan Sullivan (R-AK) introduced a bipartisan disaster relief package with the backing of President Donald J. Trump. President Trump, working with this bipartisan group of senators, has confirmed …
