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Below you'll find a list of all posts that have been categorized as “Industry News Release”
The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “President Trump’s ‘Building a Stronger America’ plan promises to bring long overdue improvements to the country roads, bridges and broader infrastructure that farmers and ranchers depend on to reach customers at home and abroad. While past infrastructure plans have left rural America in the dust, this …
U.S. Secretary of Agriculture Sonny Perdue praised the infrastructure agenda laid out by President Donald J. Trump, specifically its emphasis on investment in rural America. The plan calls for 25 percent of new federal funds to be dedicated to rural infrastructure needs, as prioritized by state and local leaders. Perdue issued the following statement: “President Trump has made it a …
U.S. cotton producers intend to plant 13.1 million cotton acres this spring, up 3.7 percent from 2017, according to the National Cotton Council 37th Annual Early Season Planting Intentions Survey. (see table below) Upland cotton intentions are 12.8 million acres, up 3.8 percent from 2017, while extra-long staple (ELS) intentions of 254,000 acres represent a 1.0 percent increase. The survey …
Tyson said the rising cost of freight is starting to put pressure on all of its businesses. That means consumers will eventually feel that pressure in the form of higher prices for all its products. The company says the tight trucking market will add more than $200 million to its cost structure this year. Chief Executive Tom Hayes says, “Freight …
Some serious challenges remain to be overcome before Canada will ever sign off on a renegotiated North American Free Trade Agreement(NAFTA). Canada’s Foreign Minister, Chrystia Freeland, says hardline demands for reforms from the U.S. are the biggest of those challenges. Freeland told the House of Commons foreign affairs committee that Canada will only accept a deal that’s in their nation’s …
Foreign countries that compete with the U.S. for world market share are increasing their spending on promoting ag exports. Several countries, as well as the European Union, spent close to $1 billion in public funds on ag export promotion in 2016. Studies are showing those countries outspent the U.S. 4 to 1. That’s a 70 percent increase in competitive public …
The disaster assistance spending measure has been watched carefully by producers who were hit hard by natural disasters. Producers in California, Florida, Texas, and even Puerto Rico lost crops and livestock because of wildfires and hurricanes last year. Politico says America’s dairy and cotton producers also have been looking for subsidy increases because of a serious economic downturn. The bill …
Senate Ag Committee Chair Pat Roberts says the Bipartisan Budget Act passed in both chambers of Congress benefits Americans in many ways. It avoids a government shutdown, raises military funding, contains disaster assistance for several states that were hit hard by natural disasters, and improves livestock assistance programs. Roberts says, “In addition to disaster assistance for states hit hard by …
The U.S. Senate and House moved quickly Friday to pass a budget deal that includes assistance for cotton and dairy farmers, following a brief government shutdown. President Donald J. Trump signed the bill into law this morning. The Alabama Farmers Federation’s Mitt Walker said the bill will provide a cushion for producers, which is critical because of dim market outlooks. …
State lawmakers continue to craft tax relief for Florida’s storm-battered citrus industry, as President Donald Trump signed off Friday on billions of dollars in much-anticipated federal disaster relief. A spending bill approved by Congress and Trump includes nearly $90 billion for disaster relief, with $2.36 billion aimed at assisting the agriculture industry for losses from Hurricane Irma in Florida, Hurricane …
