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Below you'll find a list of all posts that have been categorized as “Economy”
During last week’s Cattle Industry Convention, CattleFax held their outlook seminar noting cattle price and profitability trends are pointed in the right direction. Kevin Good, vice president of industry relations and analysis at CattleFax, notes this is despite the challenges and uncertainty brought on by Covid. And every cattle producer wants to know what the market outlook is. He said they think …
The U.S. Department of Agriculture (USDA) has extended the deadline to enroll in Dairy Margin Coverage (DMC) and the new Supplemental Dairy Margin Coverage (SDMC) for 2022. ?The new deadline to apply is March 25, 2022. USDA’s Farm Service Agency (FSA) opened DMC and SDMC signup in December 2021 to help producers manage economic risk brought on by milk price and …
In January, the USDA Natural Resources Conservation Service (NRCS) announced up to $225 million will be made available for conservation partners through the Regional Conservation Partnership Program (RCPP). It is a partner-driven program that leverages collective resources to find solutions to address natural resource challenges on agricultural land. NRCS Chief Terry Cosby notes this year’s funding announcements include opportunities for projects that address climate …
(Tallahassee, FL/January 24, 2022) — Florida Agriculture Commissioner Nikki Fried welcomed the news from the U.S. Department of Agriculture (USDA) that it has designated Dixie and Gilchrist counties as primary natural disaster areas eligible for Farm Service Agency (FSA) emergency loans to help producers impacted by Tropical Storm Elsa in July 2021 recover. “While we were fortunate that the 2021 hurricane season was relatively quiet for Florida, all three storms that made landfall in the …
President Joe Biden recently announced a new initiative to fund repairs of the nation’s bridges, to the tune of $26.5 billion. A lot of the public focus on this has been on bridges in big cities, so AgNet Media National Correspondent Sabrina Halvorson talked to Secretary of Transportation Pete Buttigieg to find out how this will help people outside of …
The Latest Rural Mainstreet Index shows rising input prices as the top threat in 2022 for farmers. Released Thursday, the index declined in January, though it remained above growth neutral for the 14th straight month. Overall, the region’s reading for January fell to 61.1 from December’s 66.7. The index ranges between 0 and 100, with a reading of 50.0 representing …
Farmland sales continued at a torrid pace at Farmers National Company during the last quarter of 2021. The dollar volume of land sold by the company during October through December was up 53 percent compared to last year and up 106 percent from two years ago. The number of transactions was up 23 percent, and total acres sold were up …
During January’s Southeast Regional Fruit & Vegetable Conference in Savannah, Georgia, Daniel Tregeagle, an Extension economist with North Carolina State University, gave a presentation on economic and regulatory trends impacting citrus and specialty crop growers. MODEST MARKET GROWTH The biggest blip on the proverbial economic radar has been COVID-19 and its continuing effects. Tregeagle noted these impacts mostly will be transient, and the …
Nearly 360,000 total tractors and combines left dealer lots in 2021 in North America. U.S. and Canadian unit sales of ag tractors and combines finished 2021 with gains of more than ten percent in nearly every segment in both countries. The Association of Equipment Manufacturers (AEM) released the data last week showing U.S. total farm tractor sales gained 0.3 percent …
The USDA National Agricultural Statistics Service (NASS) has started gathering information about farm economics and production practices from farmers and ranchers as the agency conducts the third and final phase of the 2021 Agricultural Resource Management Survey (ARMS). NASS will reach out to more than 30,000 ???????? producers nationwide through April, including nearly 4,100 producers in Alabama, Florida, Georgia and South …
