In light of the competitive and dynamic global economy, experts from UF/IFAS and other organizations will share knowledge about how to deal with pressures facing growers in Florida at the third annual Florida Agricultural Policy Conference. The conference will be held Feb. 21 at the UF/IFAS Mid-Florida Research and Education Center in Apopka, Florida. Whether it’s trade agreements, labor, water …
Agri View: Food Dollars
Everett Griner talks about what we actually are getting for our food dollars in today’s Agri View. Food Dollars You know the major concern of today’s food shopper is price. Quality is the next highest priority. Little thought is given to what their dollars spent for food is doing otherwise. Well, here is a couple of things you might consider. …
Millennials Spend Less Per-Person on Groceries
Recent data released by the Department of Agriculture shows that millennials are spending less per-person at the grocery store. A recent analysis by USDA’s Economic Research Service of 2014 grocery store data found that compared to older generations, millennial-headed households spent the least per person on food at home. However, like the other generations analyzed, millennial households with higher incomes …
CoBank: Expect more Farm Bankruptcies in 2018
A recent report by CoBank expects the farm economy to tighten again in 2018, and experts say that will lead to more farmers filing Chapter 12 bankruptcy. DTN-The Progressive Farmer reports that wheat and dairy producers are among the hardest hit, with an increase in Chapter 12 bankruptcy filings in Kansas and Wisconsin, reaching the highest level since 2012 last …
USDA Announces a Near-Record Year for Farm Loans
Infusing Rural Communities with Stronger Businesses and Sounder Agricultural Economies The U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) announced another year of high activity in its farm loan programs. Hard-working farm families across the country accessed nearly $6 billion in new credit, either directly or guaranteed through commercial lenders in 2017. At year end, FSA was assisting more …
Farmers Can Expect Higher Interest Rates/Tighter Credit in 2018
Farmers looking to borrow money this year will likely see higher interest rates and a tighter credit environment. Gary Crawford has the details. Farmers Can Expect Higher Interest Rates-Tighter Credit in 2018 Sponsored ContentNuseed Carinata Covers New GroundAugust 29, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Farmers Celebrate 2017 Victories
From tax reform, to the Waters of the U.S. Rule, officials in Washington, D.C., gave farmers and ranchers plenty to cheer about last year. American Farm Bureau Federation President Zippy Duvall this month told Farm Bureau members at the organization’s Annual Convention that tax reform topped the list. Tax Duvall says the Waters of the U.S. rule was one of …
USDA Hazlett on Interagency Task Force on Agriculture and Rural Prosperity Report
On behalf of U.S. Secretary of Agriculture Sonny Perdue, Assistant to the Secretary for Rural Development Anne Hazlett discussed key findings and recommendations, and the strategies for implementing the recommendations, from the newly released report by the Interagency Task Force on Agriculture and Rural Prosperity. Created by President Donald Trump in April 2017 and chaired by Secretary Perdue, the Task Force …
Funding to Run Government Runs Out Friday
Funding to keep the government open runs out this Friday…and agriculture and other industries face what they don’t like most—uncertainty… The only thing certain about Washington is, there’s always “uncertainty.” Hear American Farm Bureau budget adviser RJ Karney talk about the possibility. Uncertainty New programs are delayed and some existing programs not expanded, making producer decisions much harder. And Karney …
Congress Fixing Farm Co-op Tax Change
A provision in the overhaul of the U.S. tax code had some unintended negative side effects on certain agribusinesses across the country. The provision gives producers a chance to cut down on their taxable income if they sell their commodities to agricultural cooperatives. It appears that farmer-owned cooperatives like CHS, Inc., came out ahead of other agribusiness giants like Cargill …