As of late, the grain trade has been nothing to get excited about. Mark Oppold says it’s almost like this year’s crop is already in the bin.
PLC Discussed During a Farm Bill Listening Session
The Price Loss Coverage (PLC) program was one issue brought up during a recent Farm Bill listening session. Tyron Spearman has more details.
Cotton Futures Trying to Rebound
Cotton futures saw some low territory recently, but as Mark Oppold reports, indications are they are trying to rebound a bit.
Florida Farmers Challenge Feds Over Wage Rule
(NSF/TALLAHASSEE/April 25, 2023) — Warning about a “looming disaster,” Florida farmers and agriculture groups have filed a lawsuit seeking to block a new federal rule about wages for farmworkers. The lawsuit, filed Friday in federal court in Tampa, centers on a minimum wage related to temporary farmworkers coming into the United States under what are known as H-2A visas. The …
Buying Opportunities for Cotton, Rebound in Cattle Trade
There could be some buying opportunities this week in the cotton trade. Mark Oppold looks at those possibilities, along with noting a rebound is expected in the cattle trade.
Natural Gas May Get More Expensive in the Future
You may pay more for one type of energy in the future. That’s coming up on This Land of Ours. Natural gas is an important source of energy for U.S. farms. While U.S. natural gas futures prices have fallen sharply recently, CoBank says higher prices and increased volatility could be on the long-term horizon as the energy transition accelerates and …
Florida Lawmakers Working to Finalize the Budget
Florida lawmakers will be working this week to finalize the budget for the upcoming fiscal year. The 60-day legislative session is scheduled to end next week. Florida Cattlemen’s Association (FCA) Director of Governmental Affairs, Sam Ard, explains what should happen this week, and also provides an update on what is known as the Tax Exempt Ag Materials, or TEAM card. The new fiscal …
USDA Seeking Applications to Expand Conservation Assistance to Underserved Producers
The USDA Natural Resources Conservation Service (NRCS) reminds farmers and ranchers they are seeking applications for projects that will improve outreach to underserved producers. Specifically, USDA wants to improve outreach about conservation programs and services and opportunities for students to pursue careers in agriculture, natural resources and related sciences. NRCS is offering up to $70 million in cooperative agreements with entities for …
U.S. Meat Production and Price Forecasts
The U.S. Department of Agriculture (USDA) has released their April outlook for meat production, prices, and trade. Rod Bain notes the report provides a couple of tidbits regarding pork production and hog prices compared to the previous month.
NPPC Second Quarter Economic Update
The National Pork Producers Council (NPPC) released its second quarter pork industry economic update that provides a snapshot of top pork industry issues, current trends, and market conditions impacting pig farmers. Some of the key takeaways include: “The United States is a worldwide leader in pork production and a significant contributor to the U.S. economy,” shared Duane Stateler, NPPC vice president and …