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Ag Economists on Recession and Bicentennial Beer
The Agribusiness Update
Over half of the 70 surveyed in Farm Journal’s Monthly Survey of Ag Economists believe the U.S. agriculture economy is in a recession, and to celebrate 200 years of diplomatic relations between Brazil and the U.S., the U.S. Embassy and Consulates in Brazil launched the “Bicentennial Beer”.
Dairy Consumption Not All Bad and Distressed Ag Borrowers Assistance
The Agribusiness Update
One of the more well-known consumer trends is a decline in per capita milk consumption, but the news isn’t all bad for dairy, and the USDA launches the Distressed Borrowers Assistance Network, designed to provide support to financially distressed farmers and ranchers.
California Biofuel Plant and USDA Specialty Crop Investment
The Agribusiness Update
E-T-F Trends says plans for a biofuel plant in California could spur more investors to take a closer look at agricultural commodities, and Ag Secretary Tom Vilsack announced USDA investments designed to support the U.S. specialty crops industry.
California Biofuel Plant and USDA Specialty Crop Investment
The Agribusiness Update
E-T-F Trends says plans for a biofuel plant in California could spur more investors to take a closer look at agricultural commodities, and Ag Secretary Tom Vilsack announced USDA investments designed to support the U.S. specialty crops industry.
2023 AGH Survey Complete and American Ag Exports Down
The Agribusiness Update
The Washington State Department of Agriculture has completed its annual invasive pest survey season and will begin removing northern giant hornet traps, and America’s ag exports in fiscal year 2024 are projected to be down $2.5 billion from the August forecast.
Georgia Peanut Commission Nominations and American Ag Exports Down
The Agribusiness Update
Nominations for two board positions on the Georgia Peanut Commission coming up, and America’s ag exports in fiscal year 2024 are projected to be down $2.5 billion from the August forecast.
USDA Farm Loan Relief and Death Tax Repeal Act
The Agribusiness Update
The USDA is providing additional financial relief for farm loan borrowers facing economic hardship, and 41 Senators reintroduce legislation to permanently repeal federal estate tax, called the Death Tax Repeal Act.
USDA Farm Loan Relief and Death Tax Repeal Act
The Agribusiness Update
The USDA is providing additional financial relief for farm loan borrowers facing economic hardship, and 41 Senators reintroduce legislation to permanently repeal federal estate tax, called the Death Tax Repeal Act.
Federal Assistance for Ag Borrowers and U.S. Pumpkin Production
The Agribusiness Update
A new program offers federal assistance for agricultural borrowers, and U.S. pumpkins grown in every state, but six in particular dominate the market.
Assistance for Southeast Ag Producers and U.S. Pumpkin Production
The Agribusiness Update
The U.S. Trade Representative is looking for ways to assist Southeast seasonal ag producers, and U.S. pumpkin production happens in every state, but six states in particular.
Ag Exports to Soar in 2022 and Farm Loan Limits Raised October 1st
The Agribusiness Update
USDA's Economic Research Service projects record highs in agricultural exports in 2022, and Farm Loan limits are higher as of October 1st.
Alabama Farmers Fed Celebrates Legis Victories and Ethanol Exemptions Canceled
The Agribusiness Update
Alabama Farmers Federation celebrates just completed legislative victories, and federal appeals court cancels three ethanol exemptions.
Florida Farm Bureau Praises USTR and Retail Meat Sales May Slow
The Agribusiness Update
The Florida Farm Bureau praises the U.S. Trade Representative for addressing unfair trade practices for seasonable and perishable crops, and Retail meat sales may be slowing down.
Paycheck Protection Program for Ag and Food Export Restrictions
The Agribusiness Update
A revised Paycheck Protection Program includes a new EZ version that agricultural borrowers can use, and USDA and FDA are questioning food export restrictions pertaining to COVID-19.
USMEF on Buying Habits and Farm Credit Looking Good
The Agribusiness Update
USMEF on enthusiastic international appetite, and survey shows Farm Credit still looking good.