Top agribusiness, farming, ranching and rural-related news
The House Agriculture Committee held their first hearing of the 117th Congress on Wednesday to consider the Agriculture and Nutrition title of the FY2021 Budget Reconciliation bill.
With other crop alternatives holding better odds for profitability, the National Cotton Council believes cotton acreage in the United States will fall 5.2 percent this year.
Member nations of the World Trade Organization are preparing to select their next Director-General to replace Roberto Azevêdo who stepped down from the post last year.
USDA released their latest World Agricultural Supply and Demand Estimates report Tuesday morning, and it appears the supply and demand outlook for U.S. wheat is largely unchanged this month.
The House Agriculture Committee will hold their first hearing of the 117th Congress to consider a proposal to satisfy the Committee’s reconciliation instructions dealing with the budget.
Ag industry insiders are concerned about how the Biden Administration’s desire for climate change through carbon capture and sequestration might be done, and whether the cost of such a program might outweigh the financial ability to remain solvent in a “cap and trade” environment.
According to the Economic Research Service, in 2019, about 71 percent of farm households had one or more members earning wages away from the farm.
The council is set to release results of their annual Planting Intentions Survey Thursday.
Despite the challenges faced by agriculture producers over the past few years, inflation-adjusted net cash farm income is expected to increase nearly 24 percent in 2020.
As Democrats officially take control of the Senate, they have also announced new members for the Agriculture Committee during the 117th Congress.
Running a profitable farm involves navigating both unpredictable and controlled factors.
The cornerstone of government conservation initiatives is the Conservation Reserve Program from USDA.
Floyd and Hale County’s Texas A&M AgriLife Extension Agents are your hosts for a series of talks with experts for the 2020 Caprock Cattle Educational Series.
For the first time in the organization’s history, members of the U.S. Grains Council met virtually for the 61st Annual Membership Meeting and 18th International Marketing Conference this week.
For some producers, 2020 will be a year remembered for its extreme turnaround in prices and demand, and a more profitable end due to historic ad hoc government payments. For others, however, it may be remembered as the year of the bankruptcy.
President Biden has identified climate change as a top priority for his administration and interest in capturing carbon on farms that agree to follow specified production practices is increasing. To learn more about this, the Purdue/CME Group Ag Economy January barometer survey included questions related to carbon capture.
USDA’s Foreign Ag Service released their latest Weekly Export Sales Report based on reports from exporters for the period January 22-28.
Producers are becoming more optimistic about short-term expectations for their farms’ financial performance, with nearly one-third expecting better financial performance in the coming year compared to 2020.
According to The Cattle Report boxed beef prices have been signaling the need for more cattle each week but processors are running at full capacity and unable to service the demand for beef.
Researchers from Purdue University, Arizona State University, and the Nature Conservancy used interviews and a multi-state survey to determine if crop insurance requirements limited cover crops and conservation tillage for corn producers in the Midwest.
According to the Peterson Institute for International Economics, China’s total imports of covered products from the United States were $100 billion, compared with the target of $173 billion.
Family farms represent 96 percent of all U.S. farms, according to the 2017 Census of Agriculture Farm Typology report released last week by USDA’s National Agricultural Statistics Service.
For the first time in show history, the 2021 World Ag Expo will be an online event beginning next week according to officials at the International Agri-Center.
In a unique and somewhat unprecedented approach, the Senate Agriculture Committee met on Tuesday to consider the nomination of Tom Vilsack to become the next Secretary of Agriculture.
Since its peak in October of 2020, the Ag Economy Barometer has fallen 9 percent, attributable to weaker expectations for the future.
One of President Biden’s first executive orders is putting an immediate halt to the processing and payments under the latest Coronavirus Food Assistance Program measure.
According to the National Agriculture Statistics Service biannual report on the U.S. cattle herd the domestic herd, as of January 1, 2021, totaled 93.6 million head, slightly below the same time one year ago.
Trade groups and investors are breaking down news last week from the Commodity Futures Trading Commission (CFTC) that it intends to increase both spot-month and all-months-combined speculative position limits effective March 15, 2021.
USDA’s National Agriculture Statistics Service reports the December Prices Received Index decreased from November but increased slightly from December 2019.
According to the Risk Management Agency, the changes include increasing livestock head limits for feeder and fed cattle to 6,000 per endorsement, or 12,000 annually.
USDA’s Foreign Agriculture Service released their Weekly Export Sales Report on Thursday, for the week ending January 21, 2021.
According to the latest international trade figures from Australia’s Bureau of Statistics, the nation enjoyed a growing trade surplus – $9 billion in December, up $1.6 billion from a month earlier.
An executive order elevating climate policy to be an “essential element” of American foreign policy and national security that has drawn attention from the agriculture industry.
As both Congress and the new Biden Administration start lining up solutions to battle climate change, a new report from the Environmental Research Letters says biofuels may hold a helpful nugget in the war.
How has the ongoing COVID-19 pandemic affected the dairy industry? According to the National Milk Producers Federation, retail dairy purchases that jumped at the beginning of the pandemic, have remained elevated since then.
While many economists are unsure of when the economy will recover from the COVID-19 pandemic, the latest information from the Bureau of Economic Analysis gives hope that the answer is, soon.
Now that the Senate has approved a power-sharing agreement between Democrats and Republicans, committee work can begin, particularly for the Senate Agriculture Committee.
Originally scheduled as an in-person event in San Antonio this coming March, organizers of the Commodity Classic have moved the event to a virtual affair March 2-5.
USDA has announced a temporary suspension of past-due debt collections and foreclosures for distressed borrows under the Farm Storage Facility Loan and Direct Farm Loan programs administered by the Farm Service Agency.
For any producer who has experienced a delay in receiving farm program payouts, it may be due to a missing form.
Though President Biden has already selected his nominee for Secretary of Agriculture, Senate approval may take some time.
USDA released their latest Weekly Export Sales Report on Friday, a day later than normal due to the Martin Luther King, Jr. Holiday on Monday.
Traders walked away from Friday afternoon’s monthly Cattle on Feed Report from USDA unfazed by the latest numbers.
Last week, the U.S. government announced it would seize all cotton products and tomato products produced in China’s Xinjiang Uyghur Autonomous Region.
Over the past ten years, ethanol producers have become increasingly more efficient in converting grain to ethanol.
As the farm economy continues to work through a prolonged downturn amid a global economic slowdown, agricultural lenders remain concerned with the same factors for themselves and their borrowers as they did last year.
USDA’s Animal and Plant Health Inspection Service announcing the deregulation of a cotton variety that uses genetic engineering for resistance to certain insects, primarily tarnished plant bugs.
According to a CoBank Knowledge Exchange Division Quarterly Update, 2021 has quickly altered the political and market landscape and optimism, particularly about the second half of the year, is rising.
A historically low number of new loans contributed to an increase in average loan size and drove a slight decrease in the overall volume of non-real estate loans at commercial banks in the fourth quarter.
The final rule incorporates modifications to regulations established in October 2019 and is based on public comments and lessons learned during the 2020 growing season.
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