NCGA Analysis Shows $50 Per Acre Revenue Declines for Corn Due to COVID-19

Dan Corn, Economy, Industry News Release

(NCGA) — Analysis released by the National Corn Growers Association (NCGA) showed cash corn prices have declined by 16 percent on average, with several regions experiencing declines of more than 20 percent, since March 1 as a result of the COVID-19 pandemic. The analysis projects a $50 per acre revenue decline for the 2019 corn crop. “The COVID-19 pandemic is being …

Agreement Reached on Expanding Coronavirus Aid, Ag Eligibility in EIDL

Dan Economy, Industry News Release

(NAFB) — Lawmakers reached an agreement Tuesday to allow agriculture to participate in the Small Business Administration’s Economic Injury Disaster Loan (EIDL) program. The agreement is part of a larger deal, a $484 billion coronavirus package to extend the Paycheck Protection Program. The agreement also includes funds for small lenders and community banks, funds for national coronavirus testing and funding …

Lawmakers Seek Support for Local Media

Dan Economy, General, Industry News Release

(NAFB) — More than 200 lawmakers seek federal assistance for local news and media outlets suffering from the lack of advertising funds during the COVID-19 pandemic. The lawmakers say that in times of emergency and disaster, the public turns to their local media, and advertising plays an incredible role in funding those outlets. A letter to the Trump administration says …

USDA Reports Record Enrollment in Key Farm Safety-Net Programs

Dan Economy, Industry News Release

(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

Dan Economy, Industry News Release

(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

Dan Economy

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 ContentFlorida Senator Shares Origins of Florida Cattle Enhancement BoardNovember 14, 2025CIR Agriculture Harvester ProductsNovember 8, 2025Florida …

USDA Announces Coronavirus Food Assistance Program

Dan Economy

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 ContentFlorida Senator Shares Origins of Florida Cattle Enhancement BoardNovember 14, 2025CIR Agriculture Harvester ProductsNovember 8, 2025Florida Cattle Enhancement Board Plays Critical Role To …

Groups React to Announcement of COVID-19 Relief for Farmers

Dan Economy, Industry News Release

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

Dan Economy, Industry News Release

(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 …