Articles tagged under: USDA
USDA Announces Second Round of Debt Relief
Published March 30, 2023
USDA announced another $123 million in payments will be made in April under the Inflation Reduction Act to provide debt relief for borrowers. The second round of payments is focused on providing relief to those past due on a qualifying…Help Available for Livestock Losses
Published March 22, 2023
The USDA is offering technical and financial assistance to help farmers and ranchers recover from recent winter storms in Minnesota, North Dakota, South Dakota, Idaho and Wyoming. Impacted producers can contact their local USDA Service Center to report losses and…USDA Dances Around Soybean Numbers
Published March 12, 2023
The USDA supply/demand report put the corn carryout at 1.34 billion bushels. Corn exports were lowered, but Van Ahn and Company market analyst Kristi Van Ahn anticipates further cuts. "That is a very justified movement and I wouldn't be surprised…Label Proposal May Raise Consumer Prices
Published March 8, 2023
The North American Meat Institute describes the USDA's proposed “Product of the USA” labeling rules as problematic. The NAMI said the rule will likely result in trade retaliation from Canada and Mexico, which could cost American consumers billions of dollars.…Land Purchase Remains a Hot Topic
Published March 6, 2023
Twenty-eight bipartisan lawmakers sent a letter Agriculture Secretary Tom Vilsack criticizing USDA's lax oversight of farmland purchases by China’s Fufeng Group near Grand Forks. The letter stated that “as the foreign acquisition of farmland increases, it is evident more oversight…USDA Acknowledges ‘the Wrongs of the Past’
Published March 1, 2023
The Agriculture Department is preparing to distribute $2.2 billion to farmers who faced discrimination from USDA farm lending programs. Agriculture Secretary Tom Vilsack said he hopes people see this as an indication of USDA’s sincere effort "to acknowledge the past…USDA Asking for Planting Intentions
Published February 25, 2023
USDA sent out prospective planting surveys earlier this month for USDA’s March Planting Intentions report. National Ag Statistics Service Chief of Crops, Lance Honig, is asking farmers who received a survey to please respond. "The best you can do to…Cattle Contract Library is Active
Published February 21, 2023
Cattle producers have a new tool to gain insight into cattle markets. USDA Agricultural Marketing Service Associate Deputy Administrator Taylor Cox says the new online cattle contract library pilot program is operational. "This library showcases the most heavily used premiums…USDA Projects Farm Exports to Shrink Over Next 3 Years
Published February 17, 2023
The USDA has projected that a global economic slowdown combined with inflation and higher interest rates will erode U.S. food and agriculture exports by 12 percent through 2026. Exports would decline across the board, with grains and soybeans hit the…