Dairy producers must sign up before Sept. 20 for 2019 coverage. The U.S. Department of Agriculture (USDA) announced that producers of nearly 17,000 dairy operations have enrolled in the Dairy Margin Coverage (DMC) program since signup opened June 17. Producers interested in 2019 coverage must sign up before Sept. 20, 2019. DMC offers protection to dairy producers when the difference between …
Study Measures Investment in National Peanut Board
In fiscal year 2019, the National Peanut Board (NPB) commissioned an economic study to measure the return of peanut producers’ investments in the marketing and research funding programs managed by the board. The study, “An Economic Evaluation of the National Peanut Board,” conducted by Harry M. Kaiser of Cornell University, found that each dollar invested in the board’s checkoff program …
AEM Releases July Ag Equipment Sales Numbers
(NAFB) — July 2019 saw decreases in U.S. sales of combines and four-wheel-drive tractors as well as total U.S. two-wheel-drive tractor sales compared to July of last year. Monthly data from the Association of Equipment Manufacturers (AEM) shows U.S. four-wheel-drive tractor sales decreased 4.7 percent in July, compared to last year. U.S. July combine sales decreased 25.9 percent. And, total …
Trump Delays Tariff Hike Until December
(NAFB) —The Trump administration will delay part of a planned tariff increase on China until December. The U.S. Trade Representative’s office made the announcement Tuesday the administration would not implement the planned tariffs. Instead, the tariffs will be implemented December 15, 2019. USTR Robert Lighthizer says certain products are even being removed from the tariff list based on health, safety, …
Farmers Prevented From Planting Crops on More Than 19 Million Acres
Agricultural producers reported they were not able to plant crops on more than 19.4 million acres in 2019, according to a new report released by the U.S. Department of Agriculture (USDA). This marks the most prevented plant acres reported since USDA’s Farm Service Agency (FSA) began releasing the report in 2007 and 17.49 million acres more than reported at this time …
Peanut Loan Rates Announced
The 2019 loan rates for peanuts have been announced. Tyron Spearman had the details. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
July Ag Economy Barometer Increases
(NAFB) — The Purdue University/CME Group Ag Economy Barometer reading jumped to 153 in July, up 27 points from June, and up 52 points from May. However, it’s safe to expect a decline in the August report. While the Market Facilitation Program payments are a positive to farmers, this week’s announcement that China will stop all purchases of U.S. ag …
Disaster Aid Coming to Farmers Soon
(NAFB) — Farmers can expect disaster aid sometime this month. Two weeks ago Agriculture Secretary Sonny Perdue said the $3 billion in disaster funds for agriculture should launch sometime in August. The disaster package will include funds for farmers impacted by hurricanes, wildfires, tornadoes and flooding since last year. Politico reports that since 2018, roughly $33 billion in disaster funding …
Report Notes China Halting U.S. Agricultural Purchases
According to Bloomberg News, China has announced they are stepping away from further U.S. farm imports after President Trump increased tensions with the U.S. biggest agricultural trading partner last week. The Chinese government has asked its state-owned enterprises to suspend purchases of U.S. agricultural products, people familiar with the situation said. Trump last week proposed adding 10% tariffs on another $300 …
Nearly $13 Million in Loans Awarded to Florida Agricultural Producers
Governor Ron DeSantis announced nearly $13 million has been awarded through the Florida Small Business Emergency Bridge Loan for agricultural producers. More than 70 applications have been approved from farmers in Bay, Calhoun, Franklin, Gadsden, Gulf, Holmes, Jackson, Jefferson, Leon, Liberty, Okaloosa, Wakulla, Walton and Washington counties. “We remain committed to utilizing all available resources to help Floridians continuing to …