The U.S. Department of Agriculture (USDA) has lowered its expectations for meat production in most categories. But according to a story from Stephanie Ho, USDA is forecasting higher prices across all meat categories this year. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2026FL Cattle Enhancement Board Wraps up Funding YearJune 30, 2026Florida Cattle Enhancement Board Awarded Researcher Discusses New World Screwworm …
Equipment Finance Industry Confidence Remains Steady
According to the Equipment Leasing & Finance Foundation, the January 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) remains steady with pre-pandemic levels. The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $900 billion equipment finance sector. Overall, confidence in the equipment finance market is 59.6, unchanged …
Biden Administration Announces Foreclosure Moratorium / Mortgage Forbearance Deadline Extension
USDA Extends Evictions and Foreclosure Moratorium to March 31, 2021, and Provides Additional Guidance for Servicing Loans Impacted by COVID-19 (USDA/RD) — In one of his first acts in office, President Joe Biden requested federal agencies to extend eviction and foreclosure moratoriums for millions of Americans. In response, the U.S. Department of Agriculture announced an extension of eviction and foreclosure …
Peanut Price Update
Tyron Spearman has an update on where peanut prices and loan numbers currently stand. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2026FL Cattle Enhancement Board Wraps up Funding YearJune 30, 2026Florida Cattle Enhancement Board Awarded Researcher Discusses New World Screwworm OverviewJune 19, 2026Verdant Robotics Offers Growers Targeted Application of Herbicides or Beneficials through SharpShooter™June 16, 2026
Contract Swine, Poultry Producers Now Eligible for CFAP Assistance
The U.S. Department of Agriculture (USDA) announced last Friday they will be providing additional assistance through the Coronavirus Food Assistance Program (CFAP). This includes expanding eligibility for some agricultural producers and commodities as well as updating payments to accurately compensate some producers who already applied for the program. Contract producers of broilers, laying hens, chicken eggs, turkeys, and swine who …
Corn and Soybean Export Sales Jump Higher
(NAFB) — Last week, corn export sales almost doubled week-to-week while soybean sales also jumped higher. The USDA says corn sales to overseas buyers jumped 92 percent week-to-week to 1.44 million metric tons. That’s up 34 percent over the prior four-week average. Japan was the biggest buyer at more than 401,000 metric tons. An unnamed buyer purchased 334,000 tons, and …
Additional Assistance Offered for Certain Producers Through CFAP
(USDA)Â — U.S. Secretary of Agriculture Sonny Perdue announced the U.S. Department of Agriculture (USDA) will provide additional assistance through the Coronavirus Food Assistance Program (CFAP), expanding eligibility for some agricultural producers and commodities as well as updating payments to accurately compensate some producers who already applied for the program. Producers who are now eligible and those who need to modify …
KC Fed: Fewer New Loans to Farmers
Fewer new loans to farmers continued to drive a pullback in agricultural lending activity. The Kansas City Federal Reserve Bank reported this week that stronger prices for agricultural commodities, alongside continued support from government payments, may have reduced financing needs for some farmers and contributed to the slower pace of lending. In the face of slowing agricultural lending activity, farmers …
Budget from Georgia Governor Includes Dollars for Agriculture
The 2021 Georgia State Legislative Session has a full week under its belt, as lawmakers met this week to kick off things in Atlanta. Georgia Agribusiness Council (GAC) President Will Bentley told Southeast AgNet’s Randall Weiseman, early signs indicate there is money in the Governor’s budget for agriculture. To keep track of activities during the 2021 legislative session, go to …
Farm Tractor Sales Finish 2020 Higher
Farm tractor and combine sales finished the year with solid growth across the U.S. The Association of Equipment Manufacturers (AEM) reports U.S. total farm tractor sales rose 26.8% in December compared to 2019, while U.S. combine sales fell 1.9%. U.S. four-wheel-drive units fell slightly in December, down 3.7%, with year-to-date sales finishing up 3.7%. 100+hp posted healthy growth in December, …