August Monthly Jobs Report Shows Signs of Improvement
Total nonfarm payroll employment rose by 1.4 million in August, according to the Bureau of Labor Statistics while unemployment fell 2.8 million to 13.6 million in August.
Agribusiness Report 9/4
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
American Cattle News 8/31 – 9/4
American Cattle News for week of August 31, 2020
Growing Cotton 8/31 – 9/4
Growing Cotton for week of August 31, 2020
U.S. Supplies Almost One-Third of Chinese Cotton Imports
Slowly over the last two years, the U.S. cotton industry has increased it share of exports to China.
Banks Facing Ongoing Challenges from COVID-19 and Regulations
It appears that almost every sector of the American economy took a financial hit during the near-nationwide shutdown due to COVID-19.
American Farmers Triple Agricultural Outputs Over 70 Years
How productive are America’s farmers and ranchers? According to a report from the Economic Research Service, over the past 70 years, total agricultural outputs have nearly tripled.
Second Round of COVID-19 Agricultural Assistance Coming Soon
More relief may be coming for farmers and ranchers affected by COVID-19 shutdown and loss of marketing opportunities
Chinese Ag Purchases Under Phase One Agreement Lagging
Following another big week of commodity purchases from China, a recurring question by U.S. farmers and farm groups is whether these exports will, in fact, add up to their commitments.
Agriculture Today 9/3
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report 9/3
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Small Business Spending Down Due to Financial Uncertainty
Small business spending fell sharply for the second straight quarter due to a significant drop in revenues caused by pandemic lockdowns as spending shifted to debit cards.
Low Prices Causing Drop in Brazilian Cotton Plantings
USDA’s Foreign Agriculture Service projects 2021 Brazilian cotton plantings at 3.7 million acres, down 10 percent from the current harvest.
North American Ag Trade Has Skyrocketed Since 1994
Over the last quarter-century, the United States has become one of the largest agricultural importers in the world.
Allendale Survey Suggests 15 Billion Bushel Corn Crop
Allendale, a commodity brokerage and analysis firm, is projecting a domestic corn crop at 14.98 billion bushels in 2020.
Report Suggests Six Million New American Jobs Coming
According to the Occupational Outlook Handbook, the U.S. economy is projected to grow by .4 percent or an additional 6 million jobs by 2029.
EPA Proposes Streamlined Process for Biotech Breeding Approval
Agricultural groups are applauding an announcement by the EPA for a proposal to streamline the regulation of some biotech advancements.
USDA to Extend Summer Meal Program Through December
Agriculture Secretary Sonny Perdue announced that USDA will allow summer meal program operators to continue serving free meals to all children through December 31, 2020 or until all funding is exhausted.
World Agricultural Trade Faces Challenges on Some Fronts
Trade in agricultural products has been more resilient than overall trade, according to a new report from the World Trade Organization.
Agribusiness Report 9/2
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 9/2
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report 9/1
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 9/1
Your daily look at what’s impacting agriculture around the globe.
Japanese Beef Consumption Expected to Rebound in 2021
Japanese beef production is projected to remain flat in 2021 as marginally higher slaughter is offset by lower carcass weights.
Purdue/CME Group Ag Barometer Ticks Higher in August
Farmer sentiment improved markedly in August as the Purdue University-CME Group Ag Economy Barometer rose 26 points higher than a month earlier.
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.
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