Below you'll find a list of all posts that have been categorized as “Economy”
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 …
With the announcement of the Georgia Hurricane Helene Block Grant Program, we sat down with Georgia Commissioner of Agriculture Tyler Harper to learn how applications for recovery dollars will be processed. Commissioner Harper said, “The way we’re going to work this is obviously the application period will be open for six weeks. Once we close that application period, we’ll know at that …
The American Farm Bureau Federation (AFBF) is raising concerns relating to fertilizer supply and pricing in the wake of military conflict in Iran. On a call with media earlier this week, AFBF President Zippy Duvall, South Carolina Farm Bureau President Harry Ott, AFBF Vice President of Public Policy and Economic Analysis John Newton and AFBF Economist Faith Parum provided a …
Georgia producers impacted by Hurricane Helene will be able to apply for disaster relief through the Hurricane Helene Block Grant beginning March 16th. We caught up with Georgia Agriculture Commissioner Tyler Harper to learn more. Commissioner Harper said, “The Department of Agriculture and USDA reached a final agreement on our block grant and our work plan and starting on Monday, March …
USDA’s stocks and processing for peanuts shows that for the month of January, that’s the sixth month of the marketing year, peanut stocks and commercial storage total 5.55 billion pounds, and that compares to last year’s 4.14, and that is up 34 percent. The market’s almost flooded. They said even farmer stock peanuts are up 33 percent in volume. Shell peanuts showed that they …
Serious injury or serious long-term illness is part of any profession but can be particularly devastating for family farm operations if crops can’t be planted or harvested and that’s where Farm Rescue comes in. Growing up we called them good neighbor deeds. Local farmers would simply gather and plant or harvest hundreds, even thousands of acres if it took several days for a nearby …
Checking with some of the broker friends in the peanut industry, what’s happening right now in the peanut market? According to most, the market continues to be extremely quiet on all fronts. The seemingly slowdown in demand seems to be affecting all parts of the world, which is, to be honest, doesn’t make any sense whatsoever. One broker said peanuts are one of the …
