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Farm Loans Highest in Years and Less Water Used for Irrigation
The Agribusiness Update
Farmers are taking out loans at a rate not seen in years as weakened crop prices weigh on the ag sector, and 2023 Irrigation and Water Management Survey results shows 81 million acre-feet applied in the U.S., below 2018 numbers.
Southeast Farm Economy Hit Hard and Oregon Pig has H5N1
The Agribusiness Update
While the farm economy seems to have stabilized in the Midwest and Northern Plains, it weakened in the rest of the U.S. this fall, and a pig in Oregon is the first in the U.S. to test positive for the H5N1 bird flu virus.
Lenders Urge Stronger Sugar Policy and Wheat Production Higher
The Agribusiness Update
Farm lenders and financial experts sent a letter to Ag leaders urging Congress to strengthen U.S. sugar policy in the Farm Bill and oppose efforts to weaken the farm safety net, and U.S. wheat production for 2024-25 is forecast at 2.008 billion bushels, the largest crop since 2016-17.
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.
AEWR Hits Georgia Farmers and Death Tax Repeal Act
The Agribusiness Update
The Adverse Effect Wage Rate hits Georgia farmers with $120-million in additional wages, and 41 Senators reintroduce legislation to permanently repeal federal estate tax, called the Death Tax Repeal Act.
Baby Formula Tariffs in 2023 and Ethanol Production Margins Weaken
The Agribusiness Update
Baby formula imports will see tariffs again in 2023 when exemptions expire, and America's ethanol production margins weaken in late 2022.
Dairy Sales Climb in June and Oil Prices Lowest in 6 Months
The Agribusiness Update
The sale of dairy products climbed 16% year over year in June, and oil prices drop to the lowest point in almost six months.
Dairy Sales Climb in June and Oil Prices Lowest in 6 Months
The Agribusiness Update
The sale of dairy products climbed 16% year over year in June, and oil prices drop to the lowest point in almost six months.
Ag Economy Barometer Plummets and Strong Land Prices Continue
The Agribusiness Update
The Purdue University-CME Ag Economy Barometer plummeted in May to the weakest since April 2020, and stronger land prices from late last year have continued into 2022.
Brewers Like Florida Hops and Ag Economy Barometer Plummets
The Agribusiness Update
Brewers like the flavor and aroma of Florida-grown Cascade Hops, and the Purdue University-CME Ag Economy Barometer plummets in May to its weakest reading since April of 2020.
Ag Groups Seek Shipping Reforms and Farmer Sentiment Weakens
The Agribusiness Update
Ag Groups seek Senate consideration of shipping reforms, and Perdue University CME Group Ag Economy Barometer declines.
India-U.S. Agree to Expand Trade and USDA Cuts Farm Export Forecast
The Agribusiness Update
India and the U.S. agree to expand trade between the two nations, and USDA cuts farm export forecast for 2022.
Food & Farm System Weaknesses and Organic Strawberry Sales Soar
The Agribusiness Update
The pandemic reveals weaknesses in our food and farm systems, and the sales of organic strawberries soars.
Deputy Secretary Presser Pt 2
Washington State Farm Bureau Report
Just a few weeks into her new job, USDA Deputy Secretary, Dr. Jewel Bronaugh takes questions about the USDA's $4-billion investment into agriculture.
Deputy Secretary Presser Pt 1
Washington State Farm Bureau Report
Just a few weeks into her new job, USDA Deputy Secretary, Dr. Jewel Bronaugh takes questions about the USDA's $4-billion investment into agriculture.
Mild El Nino Ahead Pt 2
Washington State Farm Bureau Report
Washington State Climatologist Nick Bond talks about a moderate to weak El Nino weather pattern in the months ahead.
Mild El Nino Ahead Pt 1
Washington State Farm Bureau Report
Washington State Climatologist Nick Bond talks about a moderate to weak El Nino weather pattern in the months ahead.
El Nino Spring and Summer Ahead Pt 2
Fruit Grower Report
Washington State Climatologist Nick Bond talks about a moderate to weak El Nino weather pattern in the months ahead.
El Nino Spring and Summer Ahead Pt 1
Fruit Grower Report
Washington State Climatologist Nick Bond talks about a moderate to weak El Nino weather pattern in the months ahead.