Top agribusiness, farming, ranching and rural-related news
As the United States is working to fill administration positions in anticipation of a Presidential transition in January, Brazil has been on the phone with China working on a massive free trade agreement.
After touting a new program approved by Congress to help farmers and ranchers dealing with excessive moisture and drought, the Farm Service Agency has been sitting in neutral without any funds to provide for those approved for losses in the Wildfire and Hurricane Indemnity Program Plus.
USDA’s final Cattle on Feed Report for 2020, released Friday, lacked much drama as all the projections of the domestic cow herd fell in line with analyst projections.
WASHINGTON, DC – The Biden Transistion team continues to fill positions for the next administration and the latest nominee is Rep. Deb Haaland (D-NM) to become the next Secretary of the Interior.
USDA released their latest Weekly Export Sales Report on Thursday morning, providing the markets a better idea of current trade trends. China continues to be a major buyer of wheat, corn, sorghum, soybeans, cotton and pork.
What will trade policy look like beginning in 2021? According to Russell Hillberry, Purdue University Professor of Agricultural Economics, the question is not all that easy to answer.
The latest drought map for conditions as of December 15 shows areas of both improvement and degradation from last week, but the area of Texas impacted by drought changed less than 1 percentage point.
As the President-elect Joe Biden begins the process of setting up a cabinet, there are questions in agriculture relating to ongoing trade and tensions with China and how this could affect farmers and ranchers in the United States.
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.
While members of the Electoral College were securing the presidency for Joe Biden Monday, the President-Elect’s transition team was busy at work filling key positions within the administration that takes office on January 20
The American Bankers Association recently released the results of their Ag Lender Survey where lenders are expressing concern regarding compression in farm profitability this year and reduced expectations for profitability.
Even though a good portion of the economy struggled in November, farm equipment sales continued to grow, according to the latest data from the Association of Equipment Manufacturers.
The U.S. animal protein sector is expected to face a 12 percent increase in feed costs in 2021, which will mark the highest year-over-year inflation since 2011.
President-Elect Joe Biden has selected Katherine Tai as his nominee to head the U.S. Trade Representative’s office.
According to the Foreign Ag Service, U.S. wheat sales were up 38 percent from the previous week (616,500 metric tons) on purchase from Mexico, Japan, and Thailand.
The outlook for U.S. wheat this month is for slightly smaller supplies, unchanged domestic use, higher exports, and lower ending stocks.
All cotton production is forecast at 15.9 million bales, down 7 percent from the previous forecast and down 20 percent from 2019.
Former Iowa Governor Tom Vilsack, who turns 70 on Sunday, appears to be in line to be both the 30th and 32nd Secretary of Agriculture.
U.S. beef muscle cut exports were higher in October, though lower variety meat volumes pushed total beef exports slightly below last year.
The Risk Management Agency has announced improvements to prevented planting coverage and to the beginning and veteran farmer and rancher program.
As a new administration prepares to hit the ground running in around 40 days, there are many questions regarding future U.S. relations with China.
The Foreign Agriculture Service is reporting Brazilian cotton planting at 3.7 million acres, with the production of just over 12 million bale.
U.S. pork exports posted broad-based gains in October, solidifying a record pace for 2020, according to data released by USDA and compiled by the U.S. Meat Export Federation.
Although there have been shortages and bottlenecks for some products and commodities in 2020, apples shouldn’t make that list, according to the Economic Research Service.
While the focus is already turning to the next Congressional legislative session, the 117th Congress, three members of the House, and one from the Senate sat down Friday morning to reflect on the past 100 sessions.
According to the Foreign Agriculture Service, yields in the South Eastern region has been better than expected due to favorable weather conditions.
On Wednesday, the Senate Agriculture Committee held a hearing on Agricultural Research in what is most likely, the final hearing in a 40-year Congressional career for Senator Pat Roberts.
USDA released their latest Weekly Export Sales Report on Thursday morning with corn exports reaching a marketing-year high and soybean sales hitting a marketing-year low.
As the World Trade Organization struggles to determine its role in future global trade, its top-ranking official is urging member-nations to make extensive reforms to existing global farm trade rules.
By voice vote, the House of Representatives passed a five-year extension of the U.S. Grains Standards Act.
Inflation-adjusted U.S. net cash farm income, which is defined as gross cash income minus cash expenses, is forecast to increase more than $23 billion this year to $134.1 billion in 2020.
Democratic candidate Joe Biden is officially closing in as the next President of the United States and agricultural leaders are examining potential candidates to replace Sonny Perdue as the next Secretary of Agriculture.
Though the House will remain under Democratic control in the 117th Congress, voters in Minnesota failed to back the current Chairman of the House Agriculture Committee, Collin Peterson. His loss has provided a path for Rep. David Scott to become the next Chairman.
The Purdue University/CME Group Ag Economy Barometer dropped 16 points to a reading of 167 in November, down from its all-time high set just one month ago.
The Problem Solvers Caucus, speaking to the press at an event near the Capitol, explained that, if passed, their legislation would carry Americans through March of 2021.
Indonesia’s cotton consumption for 2019/20 has declined to a 10-year low of 2.4 million bales due to weaker domestic and overseas demand related to COVID-19.
With only a handful of days remaining in the current 116th legislative session, groups like the American Farm Bureau Federation and others are urging Congress to extend temporary tax provisions.
USDA released their latest Weekly Export Sales report on Friday reveling a big week for U.S. wheat, corn and cotton exports.
Though it sounds like something from Biblical times, portions of Africa are dealing with their worst locust crisis in 25 years according to the United Nations Food and Agricultural Organization.
According to the latest U.S. Drought Monitor, 75 percent of Texas is now enduring drought conditions, up from just over half the state seven days ago.
As the United States begins the process of wrapping up a Congressional session and administration, 15 countries in Southeast Asia have joined with five regional partners in signing the largest free trade agreement in history.
As current claims for unemployment hover around 7 percent, nationwide, one industry is facing a major shortage of workers.
When it comes to selling their crop, farmers can choose a futures contract, an options contract, or a marketing contract.
Speaking Tuesday at the “1+6” roundtable meeting, World Trade Organization Deputy Director-General Alan Wolff urged members to begin serious engagement on improving the WTO, arguing there was enough common ground to reach major new agreements.
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll and was part of the CARES program passed by Congress in response to the coronavirus economic shutdown.
The Purdue Top Farmer Conference is the latest farmer-event to move to a virtual platform.
World merchandise trade appears to have rebounded strongly after plummeting in the midst of the COVID-19 pandemic, but whether growth can be sustained going forward is unclear, according to the World Trade Organization’s latest Goods Trade Barometer.
USDA’s Second Coronavirus Food Assistance Program (CFAP-2) has doled out more than $10 billion according to the latest data available from the Farm Service Agency.
USDA released their monthly Cattle on Feed report on Friday, after the market closed, and surprised traders.
The November Short-Term Energy Outlook from the U.S. Energy Information Administration remains uncertain because responses to COVID-19 continue to evolve.
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