Below you'll find a list of all posts that have been categorized as “Economy”
The US Department of Agriculture has announced that over $26.8 million has been awarded to grant projects to connect local markets with farmers. The projects were funded through the Local Agriculture Market Program which includes the Farmers Market Promotion Program, the Regional Food System Partnerships and the Local Food Promotion Project. U.S. Secretary of Agriculture Brooke Rollins said, “Part of …
Peanut buying points are reporting that peanut contracts are available for the new peanut crop. Contracts for runner type peanuts now at $415 per ton. That is for the new crop that is about to be planted. Tonnage is not limited on that number. The contract offers Virginia type peanuts up to $425 per ton. Some farmers need their contracts to secure …
Now that Agricultural producers that were eligible for the Farmer Bridge Assistance payments have completed their applications for funds, we sat down with Under Secretary for Farm Production and Conservation Richard Fordyce to get an update on the status of these payments. Under Secretary Fordyce said, “ It’s been a big success. You know, we started, we kicked off sign up on …
The Alabama Cattlemen’s Association Convention featured an educational talk through their General Session focused on “Fighting Fraud on the Farm.” The session featured Amanda Senn, Director of the Alabama Securities Commission, and we spoke with Senn to learn what advice she has for agricultural producers to avoid being scammed. Senn said, “With the ag industry now so connected to the …
Market fears continue to ease, a far cry from where we started the week. Monday this week, that VIX or fear index on Wall Street was soared past 35, the highest since COVID days in 2020. Today, that index dropping back toward 20, indicating a lot more calm on Wall Street, though 1516 is an accepted number. Likewise, crude oil near $120 a barrel …
US Secretary of Agriculture Brooke Rollins was in Georgia earlier this week to amplify the announcement of Georgia’s Hurricane Helene Block Grant. During her time under the “Gold Dome,” Secretary Rollins made remarks to Georgia Legislators saying, “we have finalized our joint agreement between Georgia and USDA, a 531 million dollar block grant agreement to help your producers who are still suffering …
The Food, Farm, and National Security Act of 2026 was officially passed by the Agriculture Committee in Washington this week, 34-17. The bill was supported by Republican members of the committee, along with seven Democrats. That’s good news. The Farm, Food, and National Security Act is commonly referred to as Farm Bill 2.0. It builds upon the traditional Farm Bill provisions included in last …
Bottom Line analysts say the initial spike in crude oil has run its course for the most part in their view, but it will have a long tail, as they say. Prices stabilizing near $100, with a very slow decline. Countries and governments making alternative plans. Grains have followed higher from a distance. Really no news on their own to warrant such an increase, …
Next Monday is the deadline for farmers and ranchers to purchase crop insurance for the upcoming season. National Crop Insurance Services released a report that showed 2025 crop year set new records. The report shows the all-time record two and a half million policies were written, protecting a record 561 million acres. That total has increased over 115 million acres since 2021. In addition, …
Looking at more details on the peanut stocks and processing published by USDA, they said for January, peanut butter demand creeped up just a little bit, and it’s looking a little bit better, was everything else was still down. January 25th or January 24th compared, peanut candy was down 6.07%. Peanut snacks also down 9.97%. Peanut butter was up just a little, 0.94%, less …
