Florida Legislators Looking at State Finances Ahead of 2021 Session

Dan Coronavirus, Economy, Florida, Legislative

(NSF) — A top Florida economist mentioned in a ????? article told lawmakers last week that financial problems could linger for a couple of years because of the resurging coronavirus pandemic. This comes as first-time unemployment claims tripled in the first full week of 2021. Amy Baker, the coordinator of the Legislature’s Office of Economic and Demographic Research, says that …

USDA Forecast Calling for Lower Meat Production, Higher Prices

Dan Beef, Economy, Livestock

The U.S. Department of Agriculture (USDA) has lowered its expectations for meat production in most categories. But according to a story from Stephanie Ho, USDA is forecasting higher prices across all meat categories this year. Sponsored ContentFlorida Senator Shares Origins of Florida Cattle Enhancement BoardNovember 14, 2025CIR Agriculture Harvester ProductsNovember 8, 2025Florida Cattle Enhancement Board Plays Critical Role To Extend …

Equipment Finance Industry Confidence Remains Steady

Dan Economy

According to the Equipment Leasing & Finance Foundation, the January 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) remains steady with pre-pandemic levels. The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $900 billion equipment finance sector. Overall, confidence in the equipment finance market is 59.6, unchanged …

Biden Administration Announces Foreclosure Moratorium / Mortgage Forbearance Deadline Extension

Dan Economy, Industry News Release, USDA

USDA Extends Evictions and Foreclosure Moratorium to March 31, 2021, and Provides Additional Guidance for Servicing Loans Impacted by COVID-19 (USDA/RD) — In one of his first acts in office, President Joe Biden requested federal agencies to extend eviction and foreclosure moratoriums for millions of Americans. In response, the U.S. Department of Agriculture announced an extension of eviction and foreclosure …

Peanut Price Update

Dan Economy, Peanuts

Tyron Spearman has an update on where peanut prices and loan numbers currently stand. Sponsored ContentFlorida Senator Shares Origins of Florida Cattle Enhancement BoardNovember 14, 2025CIR Agriculture Harvester ProductsNovember 8, 2025Florida Cattle Enhancement Board Plays Critical Role To Extend ResearchNovember 7, 2025Florida Cattle Enhancement Board Funded Research Impactful for the Future of the Florida Cattle IndustryOctober 31, 2025

Contract Swine, Poultry Producers Now Eligible for CFAP Assistance

Dan Coronavirus, Economy, Pork, Poultry, USDA

The U.S. Department of Agriculture (USDA) announced last Friday they will be providing additional assistance through the Coronavirus Food Assistance Program (CFAP). This includes expanding eligibility for some agricultural producers and commodities as well as updating payments to accurately compensate some producers who already applied for the program. Contract producers of broilers, laying hens, chicken eggs, turkeys, and swine who …

Corn and Soybean Export Sales Jump Higher

Dan Corn, Economy, Soybeans

(NAFB) — Last week, corn export sales almost doubled week-to-week while soybean sales also jumped higher. The USDA says corn sales to overseas buyers jumped 92 percent week-to-week to 1.44 million metric tons. That’s up 34 percent over the prior four-week average. Japan was the biggest buyer at more than 401,000 metric tons. An unnamed buyer purchased 334,000 tons, and …

Additional Assistance Offered for Certain Producers Through CFAP

Dan Coronavirus, Economy, Industry News Release, USDA

(USDA) — U.S. Secretary of Agriculture Sonny Perdue announced the U.S. Department of Agriculture (USDA) will provide additional assistance through the Coronavirus Food Assistance Program (CFAP), expanding eligibility for some agricultural producers and commodities as well as updating payments to accurately compensate some producers who already applied for the program. Producers who are now eligible and those who need to modify …

KC Fed: Fewer New Loans to Farmers

Clint Thompson Economy

Fewer new loans to farmers continued to drive a pullback in agricultural lending activity. The Kansas City Federal Reserve Bank reported this week that stronger prices for agricultural commodities, alongside continued support from government payments, may have reduced financing needs for some farmers and contributed to the slower pace of lending. In the face of slowing agricultural lending activity, farmers …

Budget from Georgia Governor Includes Dollars for Agriculture

Dan Economy, Georgia, Legislative

The 2021 Georgia State Legislative Session has a full week under its belt, as lawmakers met this week to kick off things in Atlanta. Georgia Agribusiness Council (GAC) President Will Bentley told Southeast AgNet’s Randall Weiseman, early signs indicate there is money in the Governor’s budget for agriculture. To keep track of activities during the 2021 legislative session, go to …