Three farm leaders from Canada, Mexico, and the United States last Wednesday sent a joint letter to their respective trade negotiators as talks began to renegotiate the North American Free Trade Agreement (NAFTA).
Moving five at a time, grain trucks with double trailers pull out of the Grupo Chapa Quiroga grain elevator on the Texas side of the border and start hauling U.S. corn across the Progreso International Bridge just a stone’s throw from the grain company’s weigh station.
The House Appropriations Subcommittee for Agriculture, Rural Development, Food and Drug Administration and Related Agencies advanced a bill funding fiscal year 2018 discretionary programs for USDA and other agencies at just more than $20 billion, cutting $1.
Tim Burrack kept moving from session to session at the USDA Outlook Forum looking for some light at the end of the tunnel for commodity farmers. Whether it was income forecasts or the growing production strength in South America, Burrack eventually had to speak up and question the outlook for U.
Agricultural leaders say farmers aren’t panicked yet by the Trump administration’s new memos on immigration enforcement, but concerns are growing that illegal immigrants, who are the backbone of most farm labor in the country, could increasingly become targets of deportation.
Soren Schroder, Chief Executive Officer for Bunge Limited, told analysts Feb. 15 in a quarterly earnings call that it would require a price shift in Brazil and Argentina to significantly change the market flow of exports. He noted, “The extent to which there is any switching that takes place to South America, frankly, it all depends on price.
Economists from USDA, the Kansas City Federal Reserve, Texas A&M University and the University of Missouri all said farm finances look to dip in 2017 for the fourth consecutive year. Farmers are struggling, but not as bad as the 1980s yet and low prices are buoyed by higher yields.
Every kind of group tied to agriculture and nutrition is ramping up for Congress to craft a farm bill during the current Congress even though the 2014 farm bill does not expire until the end of the 2018 crop year—Sept. 30, 2019, for fall-harvested crops.
“If you tax that $50 billion at 20 percent of imports— which is, by the way, a practice that 160 other countries do—right now our country’s policy is to tax exports and let imports flow freely in, which is ridiculous. By doing that we can do $10 billion a year and easily pay for a wall just through mechanism alone.
A new farm bill creates the opportunity to deal with current struggles with different commodities as well as potentially reward rural America for its support of President-elect Donald Trump, a prospect for U.S. Agriculture Secretary said Monday at the DTN/The Progressive Farmer Ag Summit.
Producers are struggling with the daily price swings in the cattle futures contracts. At the same time, the formula cattle sales between feeders and packers are increasingly relying on prices coming from a smaller pool of negotiated cash trades.
Administration leaders gathered last Tuesday at the USDA for a late-morning press event to announce the new trade case against the People’s Republic of China. Agriculture Secretary Tom Vilsack was joined by U.S.
While 44 percent of all British exports go to Europe and 16 percent to the U.S., the Brits are now faced with possibly having to create new free-trade agreements with the EU and the U.S. The U.S. exports about $15.7 billion in ag goods to Europe overall, of which about $3.
Yet Glanz has already been told his corn crop will face a quality control audit this growing season by Des Moines-based Rain and Hail LLC after Glanz informed his insurance agent that he plans to interseed a cover-crop mix into his standing corn crop this year.
“We need to make sure we have a candidate that supports ethanol and a candidate that supports trade and a candidate that knows rural America is a vital part of this country,” said Chip Bowling, outgoing president of NCGA. “We’re beating the bush for those candidates.
The Senate agriculture committee was scheduled to hold a meeting last Thursday on a bill drafted by Chairman Pat Roberts (R- KS) that would block states from creating their own mandatory biotech food labeling laws. Roberts introduced his bill Feb. 19 and set the Thursday date for the committee to vote on the bill.
Despite being rebuked by Congress last fall for a far smaller cut to crop insurance, President Barack Obama in his final proposed federal budget calls for cutting crop insurance $18 billion over 10 years as the biggest single cut in mandatory spending in the budget.
A caveat to the 2014 farm bill is that it requires the Farm Service Agency (FSA) to calculate yearly county yields for ARC-County payments. Therein lies the problem. At least a couple of law firms and others are holding meetings with farmers in parts of the Plains and Midwest to argue that FSA did not accurately calculate county yields.