Round Two of Trade Mitigation Payments Coming from USDA

Dan Economy, Trade

The second round of trade mitigation payments will be coming to aid farmers and ranchers affected by the trade retaliation from other countries.  U.S. Secretary of Agriculture Sonny Perdue made the announcement today after being authorized by President Donald Trump.  It will be the final round of trade mitigation payments that were originally announced back in July in response to …

USDA Highlights Benefits of Improved Dairy Safety Net Tool

Dan Dairy, Economy, Industry News Release

More than 21,400 dairy producers opted for coverage through the Margin Protection Program for Dairy (MPP-Dairy) in 2018, up by more than 2,000 producers from the previous year. This U.S. Department of Agriculture (USDA) program was significantly updated in February by the Bipartisan Act of 2018, and Agriculture Secretary Sonny Perdue said those changes attracted more producers to enroll in the safety …

Farm Bureau: USDA Broadband Program Will Boost Rural Economy

Dan Economy, Industry News Release, Technology

The following statement regarding the Agriculture Department’s ReConnect broadband program can be attributed to American Farm Bureau Federation President Zippy Duvall. “The Agriculture Department’s latest effort to boost broadband services in rural America could not come at a better time. Rural broadband is essential to modern agriculture, the farmers and ranchers who grow our food and to the quality of …

Market Facilitation Program Payments Stuck at OMB

Dan Economy, Industry News Release, Trade

Farmers thought they’d have more details on the second round of USDA trade-aid payments by now. However, Farm Journal says the payments are still under negotiations. USDA is negotiating with the Office of Management and Budget (OMB) for that second round of payments under the Market Facilitation Program. USDA had originally intended to release the information today, Monday, December 10, …

Many Farmers May Need Crop Insurance Reporting Extension

Dan Economy

This year bad weather has resulted in a very slow harvest, and many farmers still have crops in the field. In a story from Gary Crawford, he looks at what farmers should do about the December 10th crop insurance deadline for reporting their production. Bill Northey, USDA Under Secretary, says if you still have crops to harvest, you need to …

USDA Predicts 12 Percent Drop in Farm Income

Dan Economy, Industry News Release

Net farm income, a broad measure of profits, is forecast to decrease $9.1 billion, or 12.1 percent from 2017 to $66.3 billion in 2018, after increasing $13.8 billion in 2017. The Department of Agriculture’s Economic Research Service recently announced the forecast. USDA says, meanwhile, net cash farm income is forecast to decrease $8.5 billion, 8.4 percent, to $93.4 billion. Net …

Survey Shows Farmers Concerned with Lack of Farm Bill

Dan Economy, Industry News Release

Farmers are expressing concern over the lack of a new farm bill in the latest Purdue University/CME Group Ag Economy Barometer. The monthly survey in November asked producers how concerned they were regarding the farm bill. 75 percent of respondents said they were either somewhat or very concerned about the lack of a new farm bill with 33 percent of …

Georgia Senators Request Disaster Assistance

Dan Economy, Georgia

U.S. Senators David Perdue and Johnny Isakson from Georgia recently sent a letter to Senate appropriators requesting disaster assistance for Georgia’s agriculture industry as a result of Hurricane Michael. Tyron Spearman has the story. Georgia Senators Request Disaster Assistance Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

Florida Hurricane Michael Relief Fund

Dan Economy, Florida, Industry News Release

Families in North Florida have suffered unprecedented losses due to Hurricane Michael. In response, Florida Farm Bureau has created a relief fund that will help North Florida farm families recovering from agricultural-related losses from the storm. Applications are now open for farmers and ranchers in North Florida who have been impacted by Hurricane Michael. Applications are limited to North Florida agriculture …