U.S. Agriculture Secretary Sonny Perdue announced earlier this month that USDA continues to invest in rural America with more than $4.8 billion in payments being made, starting this month, to agricultural producers through the Farm Service Agency’s Agriculture Risk Coverage (ARC), Price Loss Coverage (PLC) and Conservation Reserve (CRP) programs. Tyron Spearman has the details. PLC Payments Being Distributed Sponsored …
Agriculture Disaster Assistance Information Session for Georgia Producers
The Georgia Farm Service Agency held an Agriculture Disaster Assistance Information Session for Producers on Monday, Oct. 22 at the University of Georgia Tifton Campus Conference Center. Representatives from the USDA FSA, National Resources Conservation Service, Rural Development and Risk Management Agency provided updates and information regarding disaster programs available for farmers affected by Hurricane Michael. Source: Georgia Peanut Commission Sponsored …
Hurricane Deals Heavy Blow to Alabama Agriculture
Hurricane Michael caused almost $204 million in agricultural damage alone as it moved across Alabama. Alabama Cooperative Extension System Director Gary Lemme called it a devastating blow to farmers in the state’s Wiregrass region. “Cotton farmers suffered the greatest losses,” said Lemme. “But the storm affected every portion of Wiregrass agriculture, including row crops, livestock, poultry and timber as well …
FSA Programs Available to Producers Affected by Hurricane Michael
An agriculture disaster assistance meeting took place Monday afternoon in Tifton, Georgia for farmers affected by Hurricane Michael. Tyron Spearman attended that meeting, and has information about what USDA’s Farm Service Agency (FSA) can provide regarding disaster programs for farmers in Alabama, Florida and Georgia affected by the storm. FSA Programs Available to Producers Affected by Hurricane Michael Sponsored ContentCIR Agriculture …
Perdue Promises Five Percent Budget Cut as part of Trump Plan
Agriculture Secretary Sonny Perdue will help President Donald Trump reach his goal of reducing agency budgets by five percent next year. Perdue has promised to cut his budget five percent, as last week Trump asked every Cabinet agency except the Pentagon to make a five percent cut. During the meeting, Trump told the leaders to “get rid of the fat, …
Federal Reserve: Farm Loan Volume Increasing
Large operating loans made by large agricultural banks led to a significant increase in farm lending in the third quarter of 2018, according to the Kansas City Federal Reserve Bank. The total volume of non-real estate farm loans was more than 30 percent higher than a year ago. A sharp increase in the volume of loans exceeding $1 million was …
Bankers Expect Farmland Prices to Continue Decline
Rural bankers expect farmland prices will continue to decline. In the latest Creighton University Rural Mainstreet Index, Midwest lenders on average estimated that farmland prices declined by 4.0 percent over the past 12 months and expect farmland prices to fall by another 3.2 percent over the next 12 months. An Illinois lender says “more than ever,” farmland values are extremely …
Agri View: BFTP-The Development of Agritourism
As we continue the Blast From The Past Agri Views with Everett Griner, we pulled one out of the archives that still has meaning today. Everett looks into the development of agritourism. BFTP-The Development of Agritourism We have had several reports on the development of agritourism. Many farmers have started catering to tourist by offering family entertainment. Things like “pick …
Agri View: Farm Income Declined…Again
Everett Griner talks about this, the 4th consecutive year, farm income has declined in today’s Agri View. Farm Income Declined…Again The average farm income is expected to decline again this year. According to USDA, this is the fourth consecutive decline. One source put the loss at 16 thousand dollars per family. It doesn’t matter if it is soybeans or cattle. …
Putnam Continues to Meet with Agricultural Leaders to Assess Damage
Florida Commissioner of Agriculture Adam H. Putnam has been in regular communication with federal partners, including Vice President Mike Pence and Secretary Sonny Perdue, as well as the agriculture industry to assess agricultural damage caused by Hurricane Michael. He met with agricultural leaders on the topic, and the Florida Forest Service is finalizing its analysis of damage to timber. “Recovery …