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Below you'll find a list of all posts that have been categorized as “Economy”
Department Will Make Available $215 Million for Projects That Will Promote Competition and Increase Resiliency and Create Economic Opportunity in Rural America (USDA/WASHINGTON, Feb. 24, 2022) — U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced that USDA is making available up to $215 million in grants and other support to expand meat and poultry processing options, strengthen the food supply …
Cattle numbers are declining, along with projected beef production. And that is raising price prospects for beef producers. Gary Crawford has more details about that, while also noting hog producers will continue to see a big improvement in their price situation too.
The USDA Foreign Agricultural Service (FAS) has awarded funding for the expansion of U.S. products going to exports markets. Tyron Spearman has the story. The FAS links U.S. agriculture to the world to enhance export opportunities and global food security.
Gas and biofuel prices will go even higher amid conflict between Russia and Ukraine, but biofuel leaders argue that corn ethanol will still be cheaper than gasoline and able to meet demand. There’s no arguing that fuel prices go up during war. “If oil stocks and gasoline stocks tighten as a result of a conflict, yeah, that’s going to pull …
Slower growth in milk output and rising demand may spur some of the highest milk and dairy product prices in years. Gary Crawford has the story.
Deere and Company reported a net income of $903 million during the company’s first quarter that ended on January 30, or about $2.92 a share. That compares to a net income of $1.224 billion or $3.87 a share for the same time last year. Worldwide net sales and revenues for Deere and Company increased five percent in the first quarter …
There are a few deadlines that producers need to be aware of. Tyron Spearman has a report with a reminder of what those are.
A new Market Intel analysis from the American Farm Bureau Federation finds Chapter 12 farm bankruptcy filings were down 50 percent in 2021. The number of Chapter 12 filings last year is the lowest in the last decade, and this is the first time in at least ten years that there were fewer than 300 filings. For 2021, 276 Chapter …
Producers who have coverage under most crop insurance policies are eligible for a premium benefit from the USDA if they planted cover crops during the 2022 crop year. Producers must report their cover crop acreage by March 15 if they want to receive the benefit from this year’s Pandemic Cover Crop Program. PCCP helps farmers maintain their cover crop systems …
(NSF/TALLAHASSEE/Feb. 16, 2022) — What would be a record $105.3 billion spending plan bolstered by federal stimulus money was approved Wednesday by the Florida House, helping set up negotiations with the Senate on a final budget for the 2022-2023 fiscal year. The House voted 102-14 to approve the proposal (HB 5001), after Democrats objected to shifting $200 million away from …
