Pork Industry Battling Challenges From Trade to Labor Shortage

Dan Exports/Imports, Industry News Release, Pork, Trade

WASHINGTON, D.C. (NPPC) – The U.S. pork industry faces numerous challenges both at home and abroad that, if not addressed, will pose significant harm to our farms, rural communities and ultimately consumers, National Pork Producers Council (NPPC) President David Herring, a pork producer from Lillington, N.C., testified before the House Agriculture Subcommittee on Livestock and Foreign Agriculture. “One of the …

Deadline Approaching in Florida for SBA Working Capital Loans

Dan Economy, Industry News Release

ATLANTA (SBA)- The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations that Aug. 12 is the filing deadline for federal economic injury disaster loans in Florida as a result of Hurricane Michael on Oct. 9 – 11, 2018. This disaster declaration includes the following counties: Baker, Columbia, …

Farm Loan Delinquencies Increase, but Remain Historically Low

Dan Economy

(NAFB) — New research shows farm loan delinquencies remain historically low. Several years of persistently low net farm income, collapsing levels of working capital, and rising debt, has sparked concern regarding the overall health of the farm economy. However, Agricultural Economic Insights shows that at the end of 2018, delinquencies rates for non-real estate farm loans totaled 1.84 percent. After …

Checking Out the New Dairy Margin Coverage Program

Dan Dairy, Economy

The signup period for the new Dairy Margin Coverage (DMC) started a couple of weeks ago, and producers are encouraged to check it out before the September 20th deadline. Stephanie Ho has more details. For more information, visit the farmers.gov DMC webpage or contact your local USDA service center. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag …

Economy Discussed At Peanut Meeting

Dan Peanuts

During the recent USA Peanut Congress, an agricultural economist told attendees everyone has to be a strategic manager, as the economic structure is changing. Tyron Spearman was there and has the story. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024

Over Five Thousand Producers are Signed Up for DMC

Dan Dairy, Economy, Industry News Release

USDA Undersecretary for Farm Production and Conservation Bill Northey says more than 5,000 dairy operations have signed up for the new Dairy Margin Coverage (DMC) Program. The exact number was 5,364 as of last Thursday afternoon. Northey says about 40,000 dairy operations are eligible to enroll, but overall he’s pleased with the number of producers who’ve signed up since June …

House Passes Ag Appropriations in Minibus Spending Bill

Dan Economy, Industry News Release

(NAFB) — The U.S. House passed H.R. 3055, a minibus of appropriations that does include the fiscal year 2020 Ag Appropriations Bill. The Hagstrom Report says the final vote was split mostly along party lines. The Ag section of the bill covers the Agriculture Department, as well as the Food and Drug Administration, the Commodity Futures Trading Commission, and the …

House to Vote on Spending Bills

Dan Economy, Industry News Release

The U.S. House plans to vote soon on a large package of spending bills, including the fiscal 2020 agriculture appropriations bill. The House Appropriations Committee recently sent the ag spending bill to the full House on a party-line vote. House Ag Appropriations Subcommittee chair, Sanford Bishop of Georgia, talks about the bill’s $24.3 billion in discretionary spending. “The bill provides …