(USDA/FSA) — Producers signed a record 1.77 million contracts for the U.S. Department of Agriculture’s (USDA) Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2019 crop year, which is more than 107 percent of the total contracts signed compared with a 5-year average. USDA also reminds producers that June 30 is the deadline to enroll in …
Tractor Sales Drop 16 Percent in March
(NAFB) — The Association of Equipment Manufacturer’s monthly Flash Report didn’t have good news when it came to March tractor sales. The overall sale of all tractors dropped 16 percent in March when compared to March of 2019. For the year, a total of 41,237 tractors were sold in 2020, compared to a total of more than 44,600 sold last …
More Details on CFAP
Tyron Spearman has a look at more of the details from the Coronavirus Food Assistance Program (CFAP) that was announced last Friday by the U.S. Department of Agriculture (USDA). For all the information on USDA’s work during the COVID-19 pandemic and resources available, visit https://www.usda.gov/coronavirus. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober …
USDA Announces Coronavirus Food Assistance Program
The U.S. Department of Agriculture (USDA) has announced the Coronavirus Food Assistance Program (CFAP), which includes providing $16 billion in direct support based on actual losses for agricultural producers caused by COVID-19. Tyron Spearman has more details. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Groups React to Announcement of COVID-19 Relief for Farmers
NPPC Statement on USDA COVID-19 Relief Package (NPPC) — The U.S. Department of Agriculture (USDA) announced a COVID-19 relief package that includes $3 billion in planned agricultural product purchases and $1.6 billion in direct payments to hog farmers, including payment limitations of $125,000 per commodity and $250,000 per individual. Industry economists conservatively estimate that hog farmers will lose $37 per …
Farm Income Drop Could Top $20 Billion
(NAFB) — A new economic analysis says crop and livestock farmers are in for much lower incomes in 2020. A DTN report says crop farmers are projected to see an $11.85 billion in revenue during 2020, while livestock farmers are projected to drop a combined $20.24 billion in receipts this year. Early analysis from the University of Missouri’s Food and …
USDA’s Dairy Outlook Shows Lower Demand and Prices
We are all hearing the stories about what is happening to the dairy industry due to the Covid 19 pandemic. So as Stephanie Ho reports, USDA’s latest outlook for dairy is calling for lower numbers. World Ag Outlook Board Chair Mark Jekanowski has a detailed look at price reductions across all milk classes. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, …
Farmers, Ag Industry Groups Scrambling for Aid
(NAFB) — The Small Business Administration has been slow to approve many agricultural banks under the new Paycheck Protection Program. Politico says that the program has been overwhelmed with applications and is expected to run out of its initial $350 billion as soon as this week. “There’s a lot of farmers out there trying to line up for the funding,” …
Extension Economist Offers Reassurances about Meat Supplies
(ACES) — Smithfield Foods has closed a major pork processing facility in South Dakota causing concern about meat supplies and possible shortages among consumers, industry professionals and political pundits. An economist with the Alabama Cooperative Extension System said consumers should think about the industry as a whole and the long-term logistics of moving not only meat supplies but also all …
UF Surveys to Identify Impact of Pandemic on Florida’s Agriculture and Marine Industries
(UF/IFAS) — With agriculture and marine industries occupying a large portion of Florida’s economy, the University of Florida Institute of Food and Agricultural Sciences (UF/IFAS) wants to better understand how measures to mitigate the spread of COVID-19 are impacting these sectors. Starting today, faculty from the UF/IFAS Food and Resource Economics (FRE) department are deploying surveys to UF/IFAS Extension agents …