Florida FSA Reminder of USDA Hurricane Disaster Programs Available

Dan Agri-Business, Economy, Florida, Hurricane, USDA-FSA

In the aftermath of three hurricanes to affect Florida communities, homes, farms and businesses this year, the U.S. Department of Agriculture (USDA) continues to deploy staff to assist with response and recovery efforts. USDA has put in place plans and program flexibilities to ensure farmers, and foresters and communities are able to get the support they need. The USDA Farm Service …

tax deductions

Higher Standard Tax Deductions for 2025

Dan Economy

One thing to look forward to next year are higher standard tax deductions. Mark Oppold has the numbers, along with a look at the projected net farm income for this year. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024

Corn

Corn Farmers Facing Worst Year Since 2007

Dan Corn, Economy

Corn farmers could be in for their worst year in close to two decades, economists say, as the Federal Reserve reports that crop prices remain “unprofitably low” in its latest assessment of economic conditions.  Last week’s Federal Reserve Beige Book largely “confirmed things we were already thinking,” Michael Langemeir, a professor of agricultural economics at Purdue University, told Agriculture Dive, …

trump

Study Warns U.S.-China Trade War Could Harm Farmers and Boost Rivals

Dan Agri-Business, Economy, Exports/Imports, Trade

A new economic study warns that a renewed trade war between the U.S. and China could severely harm American farmers while benefiting Brazil and Argentina. The study, conducted by World Agricultural Economic and Environmental Services, was commissioned by the American Soybean Association (ASA) and the National Corn Growers Association (NCGA). It highlights the risks of imposing new tariffs on Chinese …

loan assiatance tool

FSA Updates Loan Assistance Tool to Support Lenders

Dan Agri-Business, Economy, Funding, USDA-FSA

The Farm Service Agency (FSA) has updated its Loan Assistance Tool (LAT) to better assist lenders with the loan application process. Originally designed to help farmers and ranchers streamline their loan applications, the LAT now offers new features tailored to meet the needs of lenders, improving access to resources and simplifying loan guarantees. The LAT provides an interactive, step-by-step guide, …

Wall Street

Wall Street Discussing Interest Rate Cuts

Dan Commodities, Economy

Cuts in interest rates are once again topping conversations on Wall Street. Mark Oppold explains what the thinking is at this time. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024

ncba

NCBA Making Taxes a Top Priority

Dan Economy, National Cattlemen’s Beef Association (NCBA)

With the Tax Cuts and Jobs Act expiring at the end of next year, the National Cattlemen’s Beef Association (NCBA) is kicking off a major push on tax policy for the year ahead. Rusty Halvorson has the story.  NCBA President Mark Eisele says he’s concerned about what he’s hearing from Capitol Hill regarding the possible future direction of tax policy. “I …

Chiquita

Chiquita Ordered to Pay $38.3 Million in Wrongful Death Case

Dan Agri-Business, Economy, Specialty Crops

A federal judge entered judgment today against Chiquita Brands International, Inc. for $38.3 million, confirming a jury’s June 2024 verdict. The compensation is for the wrongful deaths of seven Colombian nationals, which a jury found were caused by Chiquita’s financial and material support to violent terrorist groups in Colombia. The six-week trial concluded with a unanimous verdict against the company. …