U.S. Department of Agriculture
The Inflation Reduction Act is the most significant climate legislation ever enacted. The package includes more than $19 billion to support USDA conservation programs, but the money won’t last forever.
Sluggish exports continue to be the main theme in the grain markets with USDA cutting both old and new crop ending stocks. Arlan Suderman of StoneX Group says the bigger story moving forward might be soft corn demand.
Rural electric cooperatives, utilities and other energy providers will soon be able to apply for nearly $11 billion in grants and loans for clean energy projects, funded by the $430 billion Inflation Reduction Act.
The May WASDE report is the first look at the new crop balance sheets. As old crop demand continues to be an area of concern, the trade was watching to see how aggressive USDA would be with new crop supply and demand.
Lenders In the hearing seemed to agree on a boost to lending limits in USDA guaranteed loans as lawmakers ready for the next farm bill.
The bipartisan bill sponsors say this will address a shortage of TSPs who work with farmers to adopt conservation practices via USDA-NRCS programs, and this legislation will build on the framework of the 2023 Farm Bill.
USDA’s latest Crop Progress report shows while corn planting is now right on track with average, the soybean planting pace is well above average despite North Dakota and South Dakota farmers who are still sidelined.
In April 2017, Ray Starling, Special Assistant to the President for Ag, Trade and Food Assistance during the Trump administration, received some important news. What happened next helped change the course of history.
Those who are CCAs (for example) could apply their accreditation toward their TSP status. There’s word from Capitol Hill of two bills being introduced in the senate to provide for such reciprocity.
USDA’s 2023 Prospective Plantings report released March 31 shows farmers intend to plant significantly more corn acres in 2023. At nearly 92 million acres, that’s a jump of 3.42 million acres from last year.
Just ahead of USDA’s Prospective Plantings report, the largest cotton growing state in the U.S. is seeing another year of drought, and with fields resembling the Dust Bowl, crop prospects are dwindling by the day.
This round is for those who were delinquent on a direct loan as of Sept. 2020, restricted a loan after Feb. 2020 through FSA, or those who owe more interest on a direct loan than the level of the principal.
Industry experts say the new legislative package represents a ‘generational opportunity’ for conservation funding and needs to reach U.S. farmers and livestock producers sooner rather than later, starting this spring.
USDA’s Equity Commission recently recommended sweeping changes across the entire government agency. What can farmers expect to see?
To put cover crop investments in motion, NRCS would draw on federal, state and private conservationists to hire “thousands” of employees for rural America.
Several federal agencies are working together on competition issues in the seed sector as part of a broader Biden administration push to enhance competition in agriculture.
By requesting consultations, the U.S. Trade Representative began a process to come to a settlement on ag biotechnology imports to Mexico. If a settlement is not reached, the issue will move to a full-blown trade dispute.
Egg prices peaked in December at around $5.43, then decreased 52% to $2.61 per dozen in February thanks to bird flu. Some speculate this could become a trend based on a hypothesis in how the disease is transmitted.
“The prioritization of resource concerns must be left to the local level where producers decide how they can best address their unique and varied landscapes and needs,” said Sen. John Boozman.
Despite weather trends, planting projections for 2023 find corn, wheat and soybeans similar to 2022, for a combined 228 million acres—a 3% increase from 2022.
In hopes of solidifying American ag’s competitive role in global markets, 27 House members signed a letter to the White House, stressing the importance of ag research investments in the 2024 budget.
The Senate on Wednesday confirmed Alexis Taylor for Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs. According to Taylor, her priorities include addressing export markets and food insecurity.
“It’s a mystery as to why the USDA began to hide the names of many recipients,” said Scott Faber, senior vice president for government affairs for the Environmental Working Group.
Vilsack said USDA believes there are more options for farmers other than “get big or get out. There’s got to be a system in which the many and most have a fair shot.”
Farm Bureau’s Duvall says the rule puts farmers and ranchers in a position where they will have to hire lawyers and consultants to establish the boundaries of farming.
ERP Phase Two is likely to be announced by USDA in coming weeks, according to Jim Wiesemeyer. In a farm bill year, he says there might be more opportunities to capture additional profit.
Soybean oil, food waste and leftover feedstocks and manure will be turned into bioproducts like asphalt and plastic, thanks to a USDA program aimed at increasing U.S. competition in global markets.
Funding will be drawn from the Commodity Credit Corporation (CCC), a development that has caught lawmakers’ attention.
Grains mixed after WASDE. The only change USDA made to U.S. ending stocks was in corn by lowering exports. Brian Splitt of AgMarket.Net has analysis.
Data released by USDA on Monday shows the farm share of the U.S. food dollar hit an all-time low in 2021. However, USDA says the decrease doesn’t necessarily mean producers are making less.