In 2016, the pace of new lending to Young, Beginning and Small Farmers, or YBS loans, remained relatively flat, according to a new report by the Farm Credit Administration. Regarding dollar volume, the pace of these loans slightly exceeded the pace of overall farm lending by Farm Credit System institutions. In terms of loan numbers, the pace of YBS lending …
Scott Gets Dike Money in Economic Development Bill
Jim Turner News Service of Florida Visit Florida will get a boost in marketing dollars from the amount lawmakers approved last month. Gov. Rick Scott will get $85 million to distribute — through a new fund — to help regional infrastructure projects aimed at economic-development. And as part of a bill approved Friday at the end of the three-day special …
Monthly Farm Economy Survey Holds Steady
A monthly survey on farmers thoughts regarding the farm economy held steady last month. The latest reading of the Purdue/CME Group Ag Economy Barometer, which is based on a monthly survey of 400 agricultural producers from across the country, was 130. The producer sentiment index has hovered near 130 for five of the last six months and remains considerably stronger …
Ag Lawmakers Discuss Proposed Budget Cuts
A recent Senate Agriculture Committee hearing left no doubt where agriculture lawmakers on both sides of the political aisle stand on the administration’s proposed cuts to key programs for rural America. Republican Committee Chair Pat Roberts recited a litany of gloomy ag statistics, warning against more spending cuts on top of cuts in the last farm bill and earlier cuts …
Opposed to Proposed Agriculture Budget Cuts
There are many opposed to the cuts in agriculture programs in President Trump’s proposed FY2018 budget. But as Tyron Spearman reports, there are ag lawmakers ready to fight it when the time comes. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Budget Proposal Would Affect Many in Agriculture
The Trump administration’s budget proposal for the fiscal year 2018 includes a number of program reductions and eliminations that, if implemented, would severely compromise policies that are critical to many in agriculture. Reece Langley, vice president of Washington operations for the National Cotton Council, explains what the proposed cuts would affect. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers …
Proposed Budget Has More Money for Farm Loans
We’ve heard how President Trump’s proposed budget means steep cuts for agriculture, but Agriculture Secretary Sonny Perdue told a House Appropriations Subcommittee that the proposed 2018 fiscal year budget has more money in the pot for farm loans. But Perdue also knows the FY 2018 budget proposal calls for an estimated cut of 5,263 staff positions. Sponsored ContentCIR Agriculture Harvester …
Top Senate Ag Democrat Releases Trump Budget Fact Sheet
A fact sheet released by the Senate Agriculture Committee’s Ranking Democrat highlights the expected impact of President Donald Trump’s proposed budget on agriculture. The fact sheet claims that President Trump is “turning his back on rural America.” Released by Senate Democrat Debbie Stabenow’s office, the fact sheet says cuts included in the proposal to crop insurance and the Supplemental Nutrition …
Experts Expect Down Farm Economy to Continue
A financial expert forecasted to lawmakers Thursday the current agriculture economic conditions will continue. During a Senate Agriculture Committee on the rural economy, Nathan Kauffman of the Federal Reserve Bank of Kansas City informed the committee that a farm crisis does not appear imminent, but there are still risks that could lead to more widespread challenges in the coming years. …
USDA Budget Proposals Revealed
Congress now has the proposed USDA budget for next fiscal year, and as Gary Crawford reports, some legislative proposals from USDA as well. Agriculture Secretary Sonny Perdue has more comments concerning the proposed USDA fiscal year 2018 budget and its legislative proposals. Sponsored ContentCIR Agriculture Harvester ProductsMarch 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in …