American Cattle News 2/1 – 2/5
American Cattle News for week of February 1, 2021
Growing Cotton 2/1 – 2/5
Growing Cotton for week of February 1, 2021
New Committee Leaders and Rosters Approved for Senate
As Democrats officially take control of the Senate, they have also announced new members for the Agriculture Committee during the 117th Congress.
Managing Known Factors Increases Odds of Farm Profitability
Running a profitable farm involves navigating both unpredictable and controlled factors.
Agriculture Today 2/5
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report 2/5
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
USDA Announces Extension for General CRP Signup Period
The cornerstone of government conservation initiatives is the Conservation Reserve Program from USDA.
Caprock Cattle Educational Series: Herd Health
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.
U.S. Grains Council Holds Annual Membership Meeting Virtually
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.
Farm Bankruptcies in 2020 Climb to Third-Highest Level
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.
Few Understand Financial Opportunities Through Carbon Credit Capture
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.
Agribusiness Report 2/4
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Agriculture Today 2/4
Your daily look at what’s impacting agriculture around the globe.
China Remains Top Buyer for Many U.S. Commodities
USDA’s Foreign Ag Service released their latest Weekly Export Sales Report based on reports from exporters for the period January 22-28.
Farmers Short-term Expectations Improving, Fewer Facing Financial Stress
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.
Disconnect Remains Between Fed Cattle and Boxed Beef
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.
Report: Crop Insurance and Conservation Practices Healthy Marriage
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.
Chinese Ag Purchases Lag Implied Phase One Levels
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.
Agriculture Today 2/3
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report 2/3
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Families Operating 96 Percent of All U.S. Farms
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.
World Ag Expo Kicks Off Virtually Next Week
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.
Former Secretary Vilsack Returns to Senate Ag Committee
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.
Future Expectations Dragging Purdue Ag Economy Barometer Lower
Since its peak in October of 2020, the Ag Economy Barometer has fallen 9 percent, attributable to weaker expectations for the future.
Agribusiness Report 2/2
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 2/2
Your daily look at what’s impacting agriculture around the globe.
Biden’s Executive Order on Regulations Halts CFAP Payments
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.
U.S. Cattle Herd Slightly Smaller One Year Later
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.
CME Group Revising Position Limits on Agricultural Contracts
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.
Producers Input Prices Increase in December, Receipts Decrease
USDA’s National Agriculture Statistics Service reports the December Prices Received Index decreased from November but increased slightly from December 2019.
Agribusiness Report 2/1
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 2/1
Your daily look at what’s impacting agriculture around the globe.
American Cattle News 1/25 – 1/29
American Cattle News for week of January 25, 2021
Growing Cotton 1/25 – 1/29
Growing Cotton for week of January 25, 2021
USDA Institues Changes to LRP Insurance for 2021
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 Export Sales Report Shows Continued Strong Demand
USDA’s Foreign Agriculture Service released their Weekly Export Sales Report on Thursday, for the week ending January 21, 2021.
Agriculture Trade War Stories: Not All Are Bad
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.
Biden’s Historic Executive Order Spree Includes Agriculture Industry
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.
Agriculture Today 1/29
Your daily look at what’s impacting agriculture around the globe.
In Climate Change Battle, Biofuels Providing Major Victory
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.
Agribusiness Report 1/29
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture.
Despite Challenges Presented by Pandemic, Dairy Sales Impressive
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.
Advance Estimates Show 4 Percent Growth in GDP
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.
Chairwoman Stabenow Sets Priorities for Senate Agriculture Committee
Now that the Senate has approved a power-sharing agreement between Democrats and Republicans, committee work can begin, particularly for the Senate Agriculture Committee.
Agribusiness Report 1/28
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 1/28
Your daily look at what’s impacting agriculture around the globe.
25th Annual Commodity Classic Goes Virtual, Registration Opens
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 Temporarily Suspends Some Past-Due Collections and Foreclosures
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.
Missing Form May Delay Farm Payments from FSA
For any producer who has experienced a delay in receiving farm program payouts, it may be due to a missing form.
Unique Circumstances Delay Confirmation Hearing of Agriculture Secretary
Though President Biden has already selected his nominee for Secretary of Agriculture, Senate approval may take some time.