Presidential budget proposals have been dead on arrival before. However, the Hagstrom Report says no budget outline has been as dead as the one President Trump sent to members of Congress on Monday. No one in the entire American food chain seems happy with what they’ve seen. Everyone, from members of Congress to farm leaders, crop insurance executives, as well …
What’s New For Crop Insurance?
Producers are encouraged to find out what’s new for crop insurance this year before the upcoming deadlines. Stephanie Ho has the story. What’s New For Crop Insurance?-1 Rob Johansson, Acting Deputy Under-secretary for Farm Production and Conservation, explains why crop insurance is an important part of the farm safety net. What’s New For Crop Insurance?-2 Sponsored ContentCIR Agriculture Harvester ProductsNovember …
President’s Infrastructure Plan Paves Way for Boosting Rural Economy, Farm Bureau Says
The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “President Trump’s ‘Building a Stronger America’ plan promises to bring long overdue improvements to the country roads, bridges and broader infrastructure that farmers and ranchers depend on to reach customers at home and abroad. While past infrastructure plans have left rural America in the dust, this …
Tyson: Higher Freight Costs Will Push Up Consumer Prices
Tyson said the rising cost of freight is starting to put pressure on all of its businesses. That means consumers will eventually feel that pressure in the form of higher prices for all its products. The company says the tight trucking market will add more than $200 million to its cost structure this year. Chief Executive Tom Hayes says, “Freight …
What the Budget Bill Means for Farmers and Ranchers
The disaster assistance spending measure has been watched carefully by producers who were hit hard by natural disasters. Producers in California, Florida, Texas, and even Puerto Rico lost crops and livestock because of wildfires and hurricanes last year. Politico says America’s dairy and cotton producers also have been looking for subsidy increases because of a serious economic downturn. The bill …
Ag Committee Leaders Praise Bipartisan Budget Act
Senate Ag Committee Chair Pat Roberts says the Bipartisan Budget Act passed in both chambers of Congress benefits Americans in many ways. It avoids a government shutdown, raises military funding, contains disaster assistance for several states that were hit hard by natural disasters, and improves livestock assistance programs. Roberts says, “In addition to disaster assistance for states hit hard by …
Two-year Budget Deal Key for Agriculture
The two-year budget deal passed by Congressional leaders is key for agriculture, including farm program fixes, disaster aid and tax break extenders. American Farm Bureau budget adviser, RJ Karney, looks at some of the key program fixes needed to write the next farm bill. Two-year Budget Deal Key for Agriculture-1 Karney says AFBF and Ag Committee leaders were also behind …
Georgia Bill Contains Changes to GATE
More discussions took place this week in the Georgia General Assembly concerning the Georgia Ag Tax Exemption (GATE) program. Bryan Tolar, Georgia Agribusiness Council president, says a new bill does contain changes to GATE. Georgia Bill Contains Changes to GATE Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Highlights From the February 2018 Farm Income Forecast
Farm Sector Profits Expected To Decline in 2018 Net farm income, a broad measure of profits, is forecast to decrease $4.3 billion (6.7 percent) from 2017 to $59.5 billion in 2018, the lowest net farm income level in nominal dollar terms since 2006. Net cash farm income is forecast to decrease $5.0 billion (5.1 percent) to $91.9 billion, the lowest …
USDA Projects 2018 Farm Income to Fall
While it may be a bit early to know what will happen with farms and farmers in 2018, USDA has just put out its early farm income forecast for this year. Gary Crawford has the details. USDA Projects 2018 Farm Income to Fall Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in …