USDA Opens Wildfires and Hurricane Indemnity Program Plus (WHIP+)

Dan Economy, Industry News Release

Sign up March 23, 2020, for Producers Impacted by Drought or Excess Moisture as well as Announces Provisions for Sugar Beet Producers (USDA) — U.S. Secretary of Agriculture Sonny Perdue announced additional disaster assistance available to agricultural producers, including producers impacted by drought and excess moisture as well as sugar beet growers. Through WHIP+, the U.S. Department of Agriculture (USDA) …

USDA Offers New Hurricane Insurance Endorsement for Crop Year 2020

Dan Economy, Industry News Release

(USDA/RMA) — The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) announced a new crop insurance endorsement, Hurricane Insurance Protection – Wind Index (HIP-WI). HIP-WI covers a portion of the deductible of the underlying crop insurance policy when a county, or county adjacent, is within the area of sustained hurricane-force winds. The coverage provided by HIP-WI can be combined …

USDA Gets a New Look with FPAC

Dan Economy, Peanuts

Chief of Staff for USDA’s Farm Service Agency recently gave an update on FPAC, Farm Production and Conservation, which started in 2017.  As Tyron Spearman reports, the department was designed to help administer funds. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024

Florida Lawmakers Approve Proposed Budgets

Dan Economy, Florida, Legislative

Thursday, both the Florida House and Senate unanimously passed their versions of a record state budget for the upcoming fiscal year. The proposed House budget, at $91.37 billion, is about $1.4 billion less than the Senate’s $92.83 billion spending plan. Both proposals top the $90.98 billion budget for the current fiscal year. According to the News Service of Florida, the proposed …

2020 Farm Income Forecast Looks ‘Average’

Clint Thompson Economy

U.S. net cash farm income, the total income after expenses, is forecast to decrease $13.1 billion to $109.6 billion in 2020. When adjusted for inflation, the drop is almost 11% compared to the previous year. U.S. net farm income is a broader measure of profitability. It incorporates non-cash items like economic depreciation and gross imputed rental income, and it forecast …

Strong Demand, Leverage Shift Adds Optimism for Year Ahead

Dan Cattle, Economy, Industry News Release

Focus on consumers a requirement for continued beef industry success (NCBA) — Beef demand is strong and with U.S. cattle numbers plateauing, prices are likely to be stronger in the year ahead as consumers at home and abroad support industry profitability. That was the message delivered during the popular CattleFax outlook session, held as part of the 2020 Cattle Industry …

Secretary Perdue on President Trump’s State of the Union Address

Dan Economy, Industry News Release, Legislative

(USDA) — U.S. Secretary of Agriculture Sonny Perdue issued the following statement regarding President Donald J. Trump’s State of the Union address: “Tonight, President Trump’s State of the Union address showcased our country’s relentless optimism and his vision of brighter days that lie ahead. The President has rural America and agriculture close to his heart and has kept his promises …

FSA Encourages Producers to Enroll Soon in ARC and PLC Programs

Dan Economy, Industry News Release

Producers, Beat the Rush – Call Today to Make an Appointment (USDA/FSA) — USDA’s Farm Service Agency (FSA) encourages agricultural producers to enroll now in the Agriculture Risk Loss (ARC) and Price Loss Coverage (PLC) programs. March 15, 2020 is the enrollment deadline for the 2019 crop year. Although more than 200,000 producers have enrolled to date, FSA anticipates 1.5 …

USDA Reminds Historically Underserved Producers of Advance Payment Option

Dan Economy, USDA-NRCS

USDA’s Natural Resources Conservation Service (NRCS) wants to remind historically underserved producers, who participate in the Environmental Quality Incentives Program (EQIP), of the advance payment option. NRCS Chief Matthew Lohr explains how this program works. (USDA/NRCS) — USDA’s Natural Resources Conservation Service (NRCS) reminds historically underserved producers, who are participating in the Environmental Quality Incentives Program (EQIP), of the advance payment option. …

AEM Reports 2019 Full-year Tractor, Combine Sales

Dan Economy

(NAFB) — Farmers bought more tractors last year compared to 2018, but combine sales remained flat. A new report for the Association of Equipment Manufacturers (AEM) says for 2019, a total of 244,600 tractors were sold, which compares to 236,180 sold through December 2018, representing a four percent increase during the year. In 2019, two-wheel drive smaller tractors, rated under …