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Articles tagged under: coronavirus

Backed Up 400,000 Hogs Per Week

Published April 23, 2020

Due to COVID-19, eight percent of U.S. meat packing capacity is off line. With more employees staying home from work over concerns about the virus, many plants are operating at 50-to-70 percent of their normal production. That leaves the industry…
Top StoriesLatest NewsMarketsLivestock

New Analysis Highlights COVID-19 Impact on Ethanol

Published April 21, 2020

The coronavirus is having a swift and sharp impact on the U.S. ethanol industry. A new analysis by the Renewable Fuels Association says U.S. ethanol sales could decline by $10 billion due to the COVID-19 pandemic and crude oil glut.…
Latest NewsMarketsAg Business

MN Ag and Labor Departments Trying to Help Pork Plants

Published April 20, 2020

On Monday, JBS USA said it will be closing its Worthington, Minnesota pork production plant, because employees tested positive for the coronavirus. There are efforts underway to help those plant workers and Minnesota hog producers impacted by the closure of…
Top StoriesLatest NewsLivestock

Unknowns Remain on USDA’s COVID-19 Direct Payments

Published April 20, 2020

A large portion of the USDA’s coronavirus aid includes $16 billion in direct payments for farmers and ranchers. Combest, Sell and Associates managing partner Tom Sell says more details are needed for the calculations of the direct payments. "What we…
Top StoriesLatest NewsPolicy

Noem Signs Executive Order for SD Pork Producers

Published April 20, 2020

South Dakota Governor Kristi Noem signed an executive order to help the state’s pork producers during the coronavirus. "With packing plants shutting down across the country and in our region, farmer's options are very limited. The executive order will give…
Top StoriesLatest NewsPolicy

Uncertainty in Agriculture is like “Throwing a Rock in a Pond”

Published April 20, 2020

Agriculture was already dealing with a challenging economy, even before the COVID-19 pandemic started. According to Bell Bank Senior Vice President Lynn Paulson, farm program payments through the Market Faciliation Program and WHIP-plus did help the balance sheet come loan…
Top StoriesLatest NewsAg Business

What Does COVID-19 Assistance Provide for Livestock Producers?

Published April 20, 2020

Cattle producers will receive $5.1 billion of the $9.6 billion of the USDA direct payments for livestock producers. A study from Oklahoma State University estimates cattle industry losses as a result of the COVID-19 pandemic will reach $13.6 billion, alone.…
Top StoriesLatest NewsLivestock

More Help is Needed for the U.S. Potato Industry

Published April 20, 2020

The U.S. potato industry says more help is needed from the USDA. According to the National Potato Council CEO Kam Quarles, the COVID-19 relief package is a down payment. The potato industry would like the USDA to include representative potato…
Latest NewsAg BusinessCrops

MN Lawmakers Press Forward in Last Month of Session

Published April 20, 2020

There's one month left for the Minnesota Legislative session. Minnesota House Agriculture and Food Finance and Policy Division chair Jeanne Poppe says for the next few weeks, there’s going to be work on agricultural policy and agricultural finance bills. "We…
Latest NewsPolicy

More CCC Funds Become Available in July

Published April 20, 2020

The Coronavirus Food Assistance Program is partially funded by the Commodity Credit Corporation. The CCC will be receiving another $14 billion in July and those funds could be available for more coronavirus relief. "I was able to appropriate about $23.5…
Top StoriesLatest NewsPolicy
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