Farm income and loan repayment rates recovered from sharp declines in the second quarter, and demand for credit softened according to Federal Reserve Ag Credit Surveys. Although farm income remained low, loan repayment rates stabilized, and farmland real estate markets remained strong. Farm loan demand moderated in all Federal Reserve districts for the first time since 2013 in the third …
Cost of 2020 Thanksgiving Dinner
Thanksgiving is a bit different this year because of COVID-19. But, did consumers pay more or less this year for the items that make up the traditional Thanksgiving Day dinner? Rod Bain has a story that answers that question. American Farm Bureau Federation Chief Economist John Newton shares the cost of some of this year’s Thanksgiving Day dinner items, per the 2020 …
Farmers Earn 12 Cents of Thanksgiving Food Dollar
(NAFB) — For every dollar Americans spend on Thanksgiving dinner this year, farmers and ranchers will earn about 11.9 cents. The National Farmers Union says that marks a slight drop from 2019 when farmers claimed 12.5 cents of the Thanksgiving food dollar. Though farmers’ smaller share of food expenditures could be blamed on dropping commodity prices in previous years, it’s …
An Uncertain Season for Producers, Retailers and Buyers of Turkeys
The Covid-19 pandemic has brought a bit of uncertainty for not only turkey producers, but also retailers and shoppers. Gary Crawford has the story. USDA livestock analyst Shayle Shagam explains why supermarkets had to pay more for turkeys this year, but did not charge more to their shoppers. Sponsored ContentFlorida Senator Shares Origins of Florida Cattle Enhancement BoardNovember 14, 2025CIR …
Ag Lender Survey Reveals Bankers’ Top Concerns
The Fall 2020 Agricultural Lender Survey report shows that ag lenders continue to remain focused on credit quality, even as the farm economy continues to work through the prolonged downturn caused by COVID-19. The survey is from the American Bankers Association and the Federal Agricultural Mortgage Corporation, also known as Farmer Mac. Lenders continue to be most concerned about liquidity, …
Peanut Price Update
With harvest nearing the end, Tyron Spearman has an update on where peanut prices 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
PLC Payment Update for Peanuts
Price Loss Coverage (PLC) program payments for peanut producers were made in October for last year. And according to Tyron Spearman, the program has already recorded the first two months of the new year with prices received for peanuts (in-shell). Sponsored ContentFlorida Senator Shares Origins of Florida Cattle Enhancement BoardNovember 14, 2025CIR Agriculture Harvester ProductsNovember 8, 2025Florida Cattle Enhancement Board …
Lawmakers Rolled Out Spending Bills
(NAFB) — Senate appropriators rolled out agency spending bills, including one for USDA this week, hoping to avoid the need for more stop-gap funding when the temporary Fiscal Year 2021 money expires December 11th. The proposed Senate bill calls for over 23 billion dollars in USDA discretionary funding, a bit less than a House-passed version, but both increase or fully …
Coronavirus Food Assistance Program 2 for Livestock Producers
USDA’s Coronavirus Food Assistance Program 2 (CFAP 2) continues to provide direct relief to producers who are facing market disruptions and associated costs due to Covid-19. And payments through the program are available for a variety of eligible livestock producers. Payments for beef cattle, hogs and pigs, along with lambs and sheep will be based on the maximum owned inventory of …
Farm Tractor Sales Stay Positive in the U.S. and Canada
Overall farm tractor unit sales continued to grow across North America in October despite a small pause in the larger unit sales in Canada. The latest data from the Association of Equipment Manufacturers says that total farm tractor sales in the U.S. rose 18 percent in October compared to 2019, while self-propelled combine sales in the U.S. grew almost 15 …