U.S. Department of Agriculture
Record corn exports are tightening stocks and lifting prices, but long-term strength depends on expanding domestic demand. Could year-round E15 overcome legislative hurdles in Washington and change the market trajectory?
“We encourage the administration to explore practical credit and lending tools that help farmers access inputs today and pay over time, so retailers can continue serving as trusted advisors while operating on slim margins,” said Richard Gupton, ARA’s SVP of Public Policy and Counsel.
The bridge payment announcement coincides with the busiest time of year with higher volumes of land sales; 40% or greater of annual volumes occur in the fourth quarter for some ag real estate companies.
China’s pledge to buy 12 MMT of U.S. soybeans is facing questions over timing, storage capacity and price competitiveness, leaving markets uncertain whether the full promise can be met before year-end.
USDA says anticipated trade aid could be announced the first week of December, but ag economists are split on whether payments would provide relief or worsen lingering risks such as high input costs and market distortions.
USDA Under Secretary Richard Fordyce says USDA’s new phase of the Supplemental Disaster Relief Program expands eligibility, requires in-person enrollment and targets losses from the 2023 and 2024 weather disasters.
As fertilizer prices and demand hold firm this fall, Josh Linville with Stone X Group warns prices could climb higher if reported government aid payments arrive this year.
Details are minimal so it’s not clear how there will be enough staff to provide the Milk Production, Crop Production, Cattle on Feed and WASDE reports with many still furloughed.
On Wednesday, Secretary Rollins announced a plan for American ranchers and consumers as Trump posted comments on social media regarding tariff impact on beef prices.
Sec. Rollins pointed to inflation, high yields and the stalled talks with China as reasons for a year of projected losses for farmers.
The onset of drought and disease are causing growing concerns about the size of the U.S. corn and soybean crops this year. Analysts caution while the crops may be going backward in terms of yield, it’s possible USDA actually raises its yield estimates in the September report.
The $16 billion in disaster aid covers crop losses due to natural disasters from 2023 and 2024. It’s the largest chunk of the $21 billion approved by Congress at the end of 2024.
As big yield estimates are being thrown around so early, it’s stoking an intense debate. However, that’s not stopping the trade chatter. With talk of a new national corn yield record, it’s pressuring prices, with many farmers staring at cash corn with a $3 handle.
In what it calls a comprehensive action plan for agriculture security, USDA unveiled seven critical areas the Trump administration will address, and securing and protecting U.S. farmland from being owned by China topped that list.
Technology overhaul, staffing upgrades at the local level and program tweaks aim to improve service for 23,000 farmers.
The lawsuit challenges the ending of the Local Food Purchase Assistance program agreement that directly supports Pennsylvania farms and food banks.
The third round of disaster aid payments through the Supplemental Disaster Relief Program is the largest amount appropriated by Congress. USDA Deputy Undersecretary Brooke Appleton says those payments are being prepared now.
U.S. Secretary of Agriculture Brooke Rollins testified in front of the Senate Appropriations Committee on Tuesday, fielding questions on everything from USDA’s bold budget cuts and frozen funding to the fate of the nearly $21 billion in disaster aid.
Accounting for about 15% of USDA’s total workforce and representing FSA, NRCS, FSIS, APHIS and other departments, 3,877 staff signed contracts in February for the first deferred resignation program and 11,305 in the second round in April.
USDA’s latest crop progress report puts the country at 24% of corn and 18% of soybeans in the ground. Farmers are sharing timely rains and great conditions to start the season.
A handful of rain-free days were a perfect recipe for spring planting — and farmers took full advantage of the opportunity. This week’s USDA crop progress report puts corn and soybean acres just ahead of last year’s pace.
The initial round of ECAP payments will only amount to 85% of the per-acre payment to ensure enough funding is available for all farmers who sign up for the program.
As of April 13, USDA says 13 states have started planting corn and 10 are working on soybeans. The report calculates 4% of corn and 2% of soybeans are in the ground so far.
The downturn in the ag economy has everyone from farmers and ag lenders to even ag economists concerned. Waning optimism is an overriding theme for the row crop side of agriculture, yet some farmers hope President Donald Trump’s tough stance on trade can get the ag economy back on track longer-term.
USDA’s March Prospective Plantings report estimates U.S. farmers will plant 95.3 million acres of corn in 2025, 83.5 million acres of soybeans and 45.4 million acres of wheat.
Organizations that provide access to fresh produce say these cuts will directly impact the ability to help those in need.
With tariffs and trade in focus again, a recent AgWeb poll asked farmers if they support President Donald Trump’s use of tariffs as a negotiating strategy.
USDA Secretary Brooke Rollins says the agency is hyper-focused on poultry, but no vaccine is yet available. The agency has ‘separate work streams’ to address the virus in the ‘cattle and dairy’ industries, but dairy is not part of USDA’s primary focus for now.
USDA is directing expedited processing to get farmers economic relief payments based on planted and prevented planted crop acres for the 2024 crop year.
Here’s the latest from tariffs, to WOTUS, farm bill and more.