The latest harvest update does confirm just how Hurricane Helene affected various crops that were in the path of the storm. Mark Oppold has the latest information. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
USDA Announces Additional $250 Million in Aid for Distressed Farm Loans
The U.S. Department of Agriculture (USDA) announced an additional $250 million in financial assistance for distressed farm loan borrowers. This funding is aimed at helping farmers and ranchers struggling with loan payments, as part of the Inflation Reduction Act. No application is required, as payments will be made automatically to qualifying borrowers. Since August 2022, the USDA has distributed $2.4 …
Update on Crude Oil Futures
In an update concerning crude oil futures, Mark Oppold has new suggestions for producers looking ahead. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
National Cooperative Month
Many agricultural producers are familiar with the importance of their local coop. And Mark Oppold notes the role they play during National Cooperative Month. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
USDA Invests in Dairy Industry
Last Friday, the U.S. Department of Agriculture (USDA) announced $11.04 million in funding to support dairy businesses and producers under the Dairy Business Innovation Initiatives (DBI) grant program, Agriculture Secretary Tom Vilsack made the announcement at the World Dairy Expo in Madison, Wisconsin. The initiatives support small and mid-sized dairy businesses in the development, production, marketing, and distribution of dairy …
Hurricane Helene Devastates Southeast Agriculture
The Southeast agricultural sector is reeling from severe damage after Hurricane Helene, with losses reported in crops, poultry, and dairy operations. Hurricane Helene caused catastrophic damage to Georgia’s agricultural sector, according to U.S. Senator Jon Ossoff and Representative Austin Scott, both of Georgia. “The damage that Georgia growers have sustained is in some cases catastrophic,” Ossoff stated. He highlighted that …
Approval of First Loan for Hurricane Debby Impacted Florida Farmers
First loan approval comes just 15 days after Hurricane Debby made landfall in Florida (FDACS/TALLAHASSEE, FL/Oct. 4, 2024) — Today, Florida Commissioner of Agriculture Wilton Simpson announced the approval of the first Hurricane Debby recovery loan through the Florida Department of Agriculture and Consumer Services’ Agriculture and Aquaculture Producers Natural Disaster Recovery Loan Program. Commissioner Simpson announced the launch of the application …
Farmers Face Uncertainty as 2018 Farm Bill Extension Expires Without Replacement
With the expiration of the extension of the 2018 Farm Bill, U.S. farmers and ranchers could already be feeling the impact. Key programs supporting agriculture have been disrupted, and uncertainty looms over the industry. Sam Kieffer, vice president of public policy for the American Farm Bureau Federation (AFBF), highlighted some of the immediate consequences. “Most impacts won’t be felt until …
Tracking Agricultural Commodities
In his continuing effort to track agricultural commodities, Mark Oppold looks at where some of them stand as we start the last quarter of 2024. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Farmer Sentiment Reaches Lowest Point Since 2016
The September Purdue University/CME Group Ag Economy Barometer reached its lowest readings since March 2016. Declining income expectations pushed farmer sentiment down as the barometer fell to 88, and the Index of Future Expectations dropped 14 points to 94. The Index of Current Conditions also fell seven points to 76, nearly matching levels seen in April 2020, during the height …