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100yrs+ of Family Farming Honored and Farmer Sentiment Weakens
The Agribusiness Update
The California Agricultural Heritage Club inducted six farms and ranches at last month’s California State Fair, recognizing families with 100 or more years of continuous operation, and the Purdue University/CME Group Ag Economy Barometer declined in July as farmer sentiment continued to weaken.
Georgia Grown Farmers Market Map and Farmer Sentiment Weakens
The Agribusiness Update
Georgia Ag Commissioner Tyler Harper and Georgia Grown announced the release of the official 2025 Georgia Grown Farmers Market Map, and the Purdue University/CME Group Ag Economy Barometer declined in July as farmer sentiment continued to weaken.
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 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.