Last week, the U.S. Department of Agriculture (USDA) announced more payments through the 2019 Market Facilitation Program (MFP) would be coming soon. Today, Tyron Spearman looks at more information about not only those payments, but purchases being made by USDA. Sponsored ContentFlorida Cattle Enhancement Board Encourages Research into Producers QuestionsJune 5, 2026Cattle Producers Proud of Efforts Funded Through the Florida …
DeSantis Touts to Continue “Momentum” on Environmental Issues
(NSF) — Gov. Ron DeSantis on Monday proposed a $91.4 billion state budget for next year, touting plans to funnel more money to public-school teachers and continue “momentum” on environmental issues. The proposal is an initial step as lawmakers prepare for the January start of the annual legislative session, which will include negotiating a budget for the fiscal year that …
USDA Announces More Payments
Last Friday, U.S. Secretary of Agriculture Sonny Perdue announced that the second tranche of 2019 Market Facilitation Program (MFP) payments will begin the week before Thanksgiving. Tyron Spearman has more details. Sponsored ContentFlorida Cattle Enhancement Board Encourages Research into Producers QuestionsJune 5, 2026Cattle Producers Proud of Efforts Funded Through the Florida Cattle Enhancement BoardMay 29, 2026Florida Cattle Enhancement Board Funding …
USDA Issues Second Tranche of Market Facilitation Program
(USDA) — U.S. Secretary of Agriculture Sonny Perdue announced the second tranche of 2019 Market Facilitation Program (MFP) payments aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations. The payments will begin the week before Thanksgiving. Producers of MFP-eligible commodities will now be eligible to receive 25 percent of the total payment expected, in addition …
Is the Peanut Market in a Wait and See Mode?
Some are saying the peanut market right now is in a wait and see mode. Tyron Spearman has the story. Sponsored ContentFlorida Cattle Enhancement Board Encourages Research into Producers QuestionsJune 5, 2026Cattle Producers Proud of Efforts Funded Through the Florida Cattle Enhancement BoardMay 29, 2026Florida Cattle Enhancement Board Funding Crucial For Forage DevelopmentMay 22, 2026Florida Cattle Enhancement Board Provides Funding …
Farmers Turning to Riskier Loans to Stay in Business
(NAFB) — Weather challenges, trade tensions, and long-term financial struggles continue to make life difficult in the U.S. agricultural sector. The Wall Street Journal says those headwinds are forcing an increasing number of farmers and ranchers to take on high-interest loans from lenders outside of the ag sector, just to stay in business. The more traditional farm banks are offering …
Ag Lender Survey Shows Lower Profitability and Higher Concerns
(NAFB) — The American Bankers Association teamed up with Farmer Mac for their Fall 2019 Ag Lender Survey. The biggest takeaway from the report is that the agricultural economy and farm income remain under stress, with little if any signs of improvement ahead in 2020. Over 82 percent of lenders in the survey said farm profits were being squeezed this …
Perdue Hoping Trade Aid Payments Unnecessary in 2020
(NAFB) — Ag Secretary Sonny Perdue is hoping that a third round of trade aid payments to farmers will be unnecessary in 2020 because of a new trade deal with China. The Hagstrom Report says Perdue spoke with reporters shortly after returning from a “successful” trade mission to Mexico. Farmers “would rather have trade than aid,” Perdue says. At the …
America’s Largest Milk Producer Files for Bankruptcy
(NAFB) — Dean Foods, a 94-year-old milk producer, is filing for bankruptcy. The largest milk producer in the country is struggling as Americans are no longer drinking as much milk from cows. This year has been especially difficult as company sales dropped seven percent in the first half of this year, with profits falling 14 percent. A CNN Dot Com …
Georgia Ag Commissioner on Timeline for Disaster Block Grants
The U.S. Department of Agriculture announced last week that it will make available $800 million to Southeast agricultural producers affected by hurricanes Michael and Florence. The state block grants are part of a broader $3 billion package to help producers recover from 2018 and 2019 natural disasters. Georgia Agriculture Commissioner Gary Black explains that while information is out that signup …