Articles tagged under: coronavirus
What’s Hot, What’s Not in the Markets
Published April 20, 2020
A stronger wheat market and big drop in nearby crude oil futures get attention in this week's edition of What's Hot, What's Not in the Markets. Advance Trading senior risk management advisor Tommy Grisafi has all the details.USDA Will Make Monthly Food Purchases for Food Banks
Published April 20, 2020
The USDA will be purchasing a combined total of $300 million each month in dairy, meat, fresh fruits and vegetables for food banks. In the next two weeks, the USDA will be taking proposals to supply commodity boxes to non-profit…Biofuels Industry Not Included in USDA COVID-19 Aid
Published April 20, 2020
The USDA aid package doesn’t provide assistance to the biofuels industry. According to Agriculture Secretary Sonny Perdue, there’s not enough money to go around. Perdue says helping the biofuels industry is more than the USDA could do at this time.…Mid-Size and Beginning Dairies Remain Vulnerable
Published April 20, 2020
USDA will provide $16 billion in direct payments to farmers and ranchers through the coronavirus economic stimulus package. From that total, dairy farmers will $2.9 billion. Minnesota Milk Producers Association Executive Director Lucas Sjostrom is pleased USDA is delivering a…ND Dept. of Ag Offering Letters for Essential Businesses
Published April 19, 2020
Agriculture Commissioner Doug Goehring is providing letters to critical and essential agriculture businesses for verification purposes. “With more requests coming in from agribusiness and ag sectors asking for proof of being a critical and essential business, we are making letters…USDA Announces COVID-19 Assistance Program
Published April 17, 2020
On Friday, the USDA announced the details of a coronavirus aid package for farmers and ranchers. The Coronavirus Food Assistance Program includes $16 billion in direct support to farmers and ranchers and $3 billion to purchase fresh produce, dairy and…Paycheck Protection Program Funds Reach Limit
Published April 16, 2020
On Thursday, the Small Business Administration reached the $349 billion lending limit for the Paycheck Protection Program. Small businesses with unprocessed loans will now wait for Congress to approve more funding. Lawmakers are attempting to add $250 billion to the…Practicing Emotional Resilience During COVID-19
Published April 16, 2020
The current reality of the coronavirus is impacting everyone differently. Some are moving forward with business as usual and others are feeling overwhelmed. According to Monica McConkey, a rural mental health specialist with Eyes on the Horizon Consulting, emotional resilience…Officials are Taking Steps to Safely Reopen SD Plant
Published April 15, 2020
Agriculture Secretary Sonny Perdue says he is working with South Dakota Governor Kristi Noem and Smithfield Foods to reopen the Sioux Falls pork plant. Noem says employee health and keeping families fed are a priority. "We do have increased cases,…