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.
USDA
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.
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.
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.
Good Week for Exports Sales Reported by USDA
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.
Monthly Cattle on Feed Report Falls Within Expectations
Traders walked away from Friday afternoon’s monthly Cattle on Feed Report from USDA unfazed by the latest numbers.
USDA Deregulates Cotton Variety Resistant to Lygus Bugs
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.
USDA Announces Final Rule Regulating Commercial Hemp Production
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.
Growing Interest for Hemp Fueling Demand for Education
What is the newest old crop today? According to USDA, it’s hemp.
New USDA Tools Used for Meeting Innovation Challenges
USDA has released its U.S. Agriculture Innovation Strategy Directional Vision for Research summary and dashboard that will help to guide future research decisions within USDA.
USDA Announces Changes and Revisions to CFAP Program
The new round of CFAP, announced Friday, will expand eligibility for some producers and commodities.
2021 Agricultural Outlook Forum Theme: “Building On Innovation”
USDA is rolling out details of the 97th annual Agricultural Outlook Forum, to be held virtually in mid-February.
USDA Investing $12 Million for Feral Swine Control
USDA is investing $11.65 million in 14 projects to help agricultural producers and private landowners trap and control feral swine as part of the Feral Swine Eradication and Control Pilot Program.
USDA Projects Reduced Stocks For All Major Crops
USDA end of year stocks estimate for all major crops is fairly easy to report: all are lower than in 2019. Specifically, corn stocks are slightly lower while wheat stocks are down 9 percent, soybeans are off 10 percent and sorghum stocks are down 12 percent as of December 1.
2020 U.S. Pork Exports Continue Record-Setting Pace
November was a strong month for U.S. pork exports, according to data released by USDA and compiled by the U.S. Meat Export Federation, as totals have already surpassed the full-year volume and value records set in 2019.
USDA Increases Season-Average Price for Most Crops
Markets reacted favorably to USDA’s latest monthly World Agricultural Supply and Demand Estimates (WASDE) report on Tuesday. Corn, soybeans, wheat, and cotton all closed higher on the overall positive news for 2021.
Larger Grain and Oilseed Crops in 2020, Lower Cotton
In what was the equivalent of a data dump of crop information on Tuesday, USDA rounded out their reports with an annual crop production summary for 2020.
During Transition Period, Career Staff Will Lead USDA
As the Federal government begins a slow transition to a new administration, Agriculture Secretary Sonny Perdue has announced interim staffing to guide USDA through the process.
Record Beef Exports in November, Annual Exports Lower
U.S. beef exports posted one of the best months on record in November, according to data released by USDA and compiled by the U.S. Meat Export Federation.
Lackluster Week for U.S. Crop Sales and Exports
USDA’s Foreign Agriculture Service released their latest Weekly Export Sales Report on Thursday, outlining sales and exports for the final week of 2020.
Dairy Producers Experiencing Higher Prices Fueled By Exports
According to the National Milk Producers Federation, the industry survived with government support and robust export markets.
USDA Announces First Significant Purchase of FMD Vaccine
The USDA has been working to develop a Foot and Mouth vaccine bank, and last week announced their first significant purchase.
Program Developed to Aid in On-Farm Biosecurity Plans
In collaboration with USDA and its Secure Beef Supply plan, the Beef Checkoff-funded Beef Quality Assurance program recently developed a Daily Biosecurity Plan for Disease Prevention.
More Details Released Regarding Pandemic Assistance to Agriculture
As Congress agrees to fund the government through next year and also provides just under $1 trillion in pandemic relief, the agriculture industry has been sorting through the details of an additional $13 billion expected to flow through USDA in the coming months.
USDA Cattle Numbers Show Small Increase in Feeding
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.
China Continues Agressive Purchases of U.S. Agricultural Commodities
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.
Soybean and Cotton Prices Moving Higher on Exports
The outlook for U.S. wheat this month is for slightly smaller supplies, unchanged domestic use, higher exports, and lower ending stocks.
Biden Selects Vilsack As Next Agriculture Secretary Nominee
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. Pork Exports Continue Record Pace in 2020
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.
U.S. Corn Exports Reach High, Soybeans Sales Tumble
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.
Familiar Names Mentioned as Next Secretary of Agriculture
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.
Monthly Cattle On Feed Report Surprises Traders
USDA released their monthly Cattle on Feed report on Friday, after the market closed, and surprised traders.
Despite Increasing Financial Assistance, Global Food Insecurity Growing
The U.N. says nearly 690 million people in the world were undernourished in 2020, According to their reporting, the number of undernourished people has increased over the last six years.
Sales Report Reveals Big Week for Beef Exports
USDA released their Weekly Export Sales report on Thursday morning, with a marketing-year high for beef and a marketing-year low for wheat and soybeans.
Traders Preparing for Monthly Cattle on Feed Report
raders are preparing for what is considered one of the most important feeder reports of the season, the November USDA Cattle on Feed Report.
GAO Offers Advice to Improving USDA’s “Actively Engaged”
The U.S. Department of Agriculture (USDA) distributes billions of dollars a year through programs that, by law, require payment recipients to be actively engaged in farming.
Strong Cotton/Wheat Price Gains Expected This Decade
USDA projections for changes in U.S. farm prices between 2020 and 2030 indicate a mixed outlook shaped by the expected recovery in the U.S. and global demand, continued export competition, and market conditions during 2020.
USDA Expecting More CRP Acres in 2021 Signup
Next year, USDA will begin the process of enrolling new and existing acres of conservation lands into the largest federally administered private land retirement program.
U.S. Wheat Industry Optimistic Amid Growing Export Sales
Wheat growers are cautiously optimistic as export sales show signs of improvement in 2020.
Lamb Exports Grow in Both Volume and Value
According to the latest information from USDA for the month of September, U.S. lamb exports were higher in both volume and value.
Despite Record Chinese Purchases, U.S. Beef Exports Fall
Beef exports were fairly steady with last year in major Asian markets but trended lower overall according to recent data released by USDA.
USDA’s Supply and Demand Estimates Stable
The USDA released their monthly World Agricultural Supply and Demand Estimates or WASDE report Tuesday.
Larger Cotton, But Smaller Corn and Soybean Crops
USDA released their monthly Crop Report on Tuesday, providing a late-season glance at the projected size of the corn, cotton and soybean crops.
U.S. Pork Exports on Break-Neck Pace in 2020
Chinese demand for U.S. pork is leading to a record pace for exports, according to data released recently by USDA.
Deadline Approaching for Pasture and Rangeland Insurance Program
As portions of the country slip further into drought, one approaching deadline is important for landowners and cattlemen.
2019 PLC Payment Rates Finalized For Most Crops
USDA has finalized payment rates for covered commodities under the 2018 Farm Bill.
Mango Industry Votes to Continue Federal Checkoff Program
USDA announced this week that the mango industry has voted to continue their federal research and promotion program while removing the provisions of frozen mangos as a covered commodity.
Export Report Reveals Demand for Corn, Cotton, Beef
USDA’s Foreign Agriculture Service provided their weekly look into export sales and shipments Thursday by highlighting a big week for corn, cotton and beef.
More Than 100 Million Farmer Food Boxes Delivered
The Farmers to Families Food Box Program program has already provided almost 101 million food boxes through the first two rounds and in the third and final round reports another 6.7 million food boxes invoiced since September 22.