Agribusiness Report 8/31
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Month: August 2020
Agriculture Today 8/31
Your daily look at what’s impacting agriculture around the globe.
American Cattle News 8/24 – 8/28
American Cattle News for week of August 24, 2020
Growing Cotton 8/24 – 8/28
Growing Cotton for week of August 24, 2020
Smaller Crop and Increased Competition Ahead for Cotton
USDA’s Economic Research Service is projecting FY 2021 cotton exports to fall to $5 billion, down $400 million from 2020 due to a shorter domestic crop and increased foreign competition.
Another Round of Food Boxes Coming from USDA
Following the President’s announcement of additional funding up to $1 billion, USDA is planning to extend current contracts to deliver food boxes through September 18.
Drought Monitor Continues to Forecast Hot, Dry Weather
The U.S. Drought Monitor revealed a continued intensification of drought across western parts of the country
U.S. and Chinese Official Discuss Phase One Progress
The U.S. and China are seeing progress in the implementation of the Phase 1 trade agreement. During a six-month review this week, senior officials from both countries reaffirmed commitments to ensuring the agreement’s success.
Agriculture Today 8/27
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report 8/27
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Cotton Incorporated Facing 10 Percent Reduction in Funding
Though held virtually for the first time in its history, the Cotton Board recently reviewed, analyzed, and voted to recommend Cotton Incorporated’s 2021 budget of $80 million to the Secretary of Agriculture.
Cattle Industry and Environmental Groups Sign Conservation Agreement
The National Cattlemen’s Beef Association and the Public Lands Council signed a Memorandum of Understanding Monday with Ducks Unlimited and Safari Club International with a commitment to the conservation of natural resources through sustainable multiple uses.
USDA Supplying RFID Ear Tags for Voluntary Traceability
More than 10 years ago, USDA proposed a mandatory national animal identification program to protect the cattle industry from long-term injury in the event of a disease outbreak. That proposal, however, fell as cattlemen across the country balked at a government-mandate that would increase costs at a local level and could expose personal producer information to others.
Weekly Export Report Reveals Impressive U.S. Wheat Sales
Wheat sales last week were impressive, increasing 46 percent over the previous week and 41 percent above the 4-week average, with Mexico and China topping all buyers.
Agriculture Today 8/26
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report 8/26
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Beef Supply and Demand Equation Driven by Packers
The monthly Cattle on Feed report was bearish but that report does very little about determining where we are now in the balance between supplies and demand for beef.
Looking to Improve: USDA Asking Farmers for Advice
The U.S. Department of Agriculture (USDA) announced a new annual survey of farmers, ranchers, and private forestland owners.
China Records Largest U.S. Beef Purchase in History
China’s foodservice sector is rebounding from COVID-19 restrictions imposed earlier this year
FSA Establishes Call Center to Assist New Customers
With so many different programs and deadlines facing producers this year, USDA’s Farm Service Agency has set up a call center to provide answers and assistance.
Agriculture Today 8/25
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report 8/25
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Cotton Industry Cautious About Future As Retailers Struggle
The COVID-19 global shutdown has weighed heavily on the cotton and textile industries. As economies begin to reopen there has been some improvement in economic activity, yet consumer spending on apparel has led to a drop in year-over-year demand.
USDA Grants Emergency CRP Haying and Grazing Waivers
With 48 percent of Texas and 31 percent of the United States now experiencing drought conditions, livestock producers have been urging Congress and the Administration to respond by opening up emergency haying and grazing of CRP acreage.
American Cattle News 8/17 – 8/21
American Cattle News for week of August 17, 2020
Soybean to Corn Ratio Favoring Expanded Bean Acreage
As the Pro Farmer crop tour wraps up, it’s interesting to consider the soybean to corn price ratio, as it is often used to measure the profitability of both crops.
Crop Tour Expecting Record Corn and Soybean Crops
Scouts covered a big portion of the Midwest last week during the annual Pro Farmer Crop Tour and found that record corn and soybean crops could be in store for the upcoming 2020 harvest.
Agribusiness Report 8/24
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Agriculture Today 8/24
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report 8/21
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Agriculture Today 8/21
Your daily look at what’s impacting agriculture around the globe.
Growing Cotton 8/17 – 8/21
Growing Cotton for week of August 17, 2020
Agribusiness Report 8/20
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Agriculture Today 8/20
Your daily look at what’s impacting agriculture around the globe.
Agriculture Today 8/19
Your daily look at what’s impacting agriculture around the globe.
Agriculture Today 8/18
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report 8/17
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Agriculture Today 8/17
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report 8/10 – 8/14
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Growing Cotton 8/10 – 8/14
Growing Cotton for week of August 10, 2020
American Cattle News 8/10 – 8/14
American Cattle News for week of August 10, 2020
Agriculture Today 8/10 – 8/14
Your daily look at what’s impacting agriculture around the globe.
Low-Interest Rates Illuminate Bright Spot for Agriculture
With all of the negative news in the economy this year, Dr. Brent Gloy with Agricultural Economic Insights is focusing on a positive story for agriculture in 2020: low-interest rates.
Phase One Trade Deal Lifting Sorghum Prices Higher
China’s announcement of tariff exclusions following the Phase One agreement had an immediate impact on U.S. sorghum exports.
Banks Reporting Weaker Demand for Second Quarter Loans
As the U.S. economy dove deeper into recession amid the coronavirus pandemic in the second quarter, more than half of banks reported weaker demand for commercial and industrial loans.
Ag Economy Barometer: Long-term Optimism Beginning to Fade
Two-thirds of producers responding to the August Purdue University/CME Group Ag Economy Barometer survey said they believe Congress should provide additional economic assistance to farmers in 2020 to help offset the impact of COVID-19 on agriculture.
U.S. Wheat Receives Parity in New Trade Agreement
As a key component of the new USMCA trade agreement, Canada agreed to allow wheat grown in the United States for import purposes to receive an official Canadian grade as long as the variety was approved in that country.
USDA Extending Crop Insurance Deadlines Due to COVID-19
The USDA is providing policyholders additional time to pay premium and administrative fees and to waive accrual of interest.
Bankers Looking for IRS Clarification on PPP Reporting
As Congress considers another round of stimulus and relief for businesses suffering through the COVID-19 shutdown, the American Bankers Association is asking legislators to make a change in the tax code.
House Approves By Voice-Vote, New Water Development Plan
The House last week approved the Water Resources Development Act of 2020, increasing maintenance and modernization projects on the inland waterway system.