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GOP Pushing Farm Assistance and Rural Mainstreet Index Down
The Agribusiness Update
GOP lawmakers are pushing to attach roughly $11 billion in direct farm assistance to a defense spending package, and rural bankers are growing more concerned about the farm economy as higher fuel and fertilizer costs weigh on producers.
Beef Prices Where They Should Be
Line on Agriculture
Beef prices are at an all-time high, but Ed Elfman from the American Bankers Association argues they are in line with expectations, considering inflation.
Georgia Peanut Bank Week and FSA Offices Reopen
The Agribusiness Update
The Georgia Peanut Commission and Georgia Bankers Association joined forces this week to promote the 49th annual Georgia Peanut Bank Week, and the Trump administration will release about $3 billion in assistance and reopen FSA Offices for farmers despite the government shutdown.
Grasshoppers-Mormon Crickets are Back and Ag Land Values Stable
The Agribusiness Update
Grasshoppers and Mormon crickets, which in past years have destroyed tens of millions of dollars of Northern California crops, are back this year, and Farmers National Company says despite ongoing challenges, agricultural land values remained surprisingly stable.
Starting a Florida Farm and Ag Land Values Stable
The Agribusiness Update
Starting a farm in Florida may be fulfilling and profitable, but www.morningagclips.com offers six things to consider, and Farmers National Company says despite ongoing challenges, agricultural land values remained surprisingly stable.
American Bankers Association Says ACRE Act Would Benefit Producers
Line on Agriculture
ABA says that the ACRES Act would provide more competition and lower producer costs.
Economic Cliff for Ag
Washington State Farm Bureau Report
Ag bankers fear an economic cliff in farm country without a new farm bill.
Great Southeast Pollinator Census and Financial Conditions in Farm Country
The Agribusiness Update
Southeast nature enthusiasts, gardeners and residents are gearing up for the 2024 Great Southeast Pollinator Census, and the American Bankers Association offered its views on the financial conditions in farm country.
Potato State Football Trophy and Financial Conditions in Farm Country
The Agribusiness Update
The University of Idaho and Idaho State University have introduced the new Potato State Trophy awarded to the winner of the annual football game between the schools, and the American Bankers Association offered its views on the financial conditions in farm country.
Potato State Football Trophy and Financial Conditions in Farm Country
The Agribusiness Update
The University of Idaho and Idaho State University have introduced the new Potato State Trophy awarded to the winner of the annual football game between the schools, and the American Bankers Association offered its views on the financial conditions in farm country.
Ag Loan Demand Up and NCBA Applauds Paraguayan Beef Ban
The Agribusiness Update
Agricultural loan demand increased in 2023, and agricultural lending by U.S. farm banks grew 6.7%, and the National Cattlemen’s Beef Association thanked the Senate for passing a resolution to block beef imports from Paraguay.
Ag Loan Demand Up and NCBA Applauds Paraguayan Beef Ban
The Agribusiness Update
Agricultural loan demand increased in 2023, and agricultural lending by U.S. farm banks grew 6.7%, and the National Cattlemen’s Beef Association thanked the Senate for passing a resolution to block beef imports from Paraguay.
Bicarmel Support for Agriculture Access to Credit
Line on Agriculture
Ed Elfmann, senior vice president of agriculture and rural banking policy with the American Bankers Association says we need to lower the cost of credit and make credit more available.
Curtailment of Colorado River Water and U.S. Sweet Potato Exports
The Agribusiness Update
Federal officials may curtail Colorado River water allotments in California and other states, and we are not the only country enjoying U.S. sweet potatoes.
Grain Barges on Mississippi Down and U.S. Sweet Potato Exports
The Agribusiness Update
Grain barges being unloaded in New Orleans in September and October dropped significantly, and we are not the only country enjoying U.S. sweet potatoes.
Ag Bankers Predict Recession for Rural Economy
Southeast Regional Ag News
The June Rural Mainstreet Index from Creighton University sank into negative territory for the first time since September of 2020.
Rural Bankers Anticipate Recession and American Grain Terminal Attack
The Agribusiness Update
Rural bankers anticipate a U.S. recession according to the latest Creighton University Rural Mainstreet Index, and one Canadian and one American grain terminal were struck by Russian attack in Ukraine.
