Articles tagged under: USDA
USDA Report Won’t Include Adjusted Demand for Phase One Deal
Published February 7, 2020
The USDA will not adjust its demand figures for grains to account for the phase one U.S. and China trade deal signed last month in Tuesday’s Supply and Demand report. For traders, that means the export demand will likely not…USDA Forecasts Near Average 2020 Net Farm Income
Published February 7, 2020
USDA is forecasting 2020 net farm income to increase 3.3 percent compared to 2019. USDA expects net farm income to hit $96.7 billion in 2020, an increase of $3.1 billion compared to 2019. However, USDA expects 2020 net cash farm…USDA Launches Pilot Hemp Crop Insurance Program
Published February 6, 2020
The U.S. Department of Agriculture is offering a new multi-peril crop insurance pilot program for hemp farmers in 2020. To be eligible, farmers must live in specific counties of 21 states including Minnesota and North Dakota. Farmers also need a…U.S. Cattle Herd is Starting to Contract
Published February 3, 2020
As of January 1, all cattle and calves in the U.S. totaled 94.4 million head. That is slightly below 94.8 million head one year ago. This Cattle Inventory Report from USDA was neutral to the marketplace, coming in one percent…ND Farmers Continue Quality Discussions
Published February 3, 2020
According to lobbyist Jim Callan, it wasn’t just the North Dakota Grain Growers Association who met with USDA last week. The North Dakota Corn Growers Association also met with USDA leaders on Thursday to discuss quality and prevent plant. "One…Local Farmers Discuss Quality Challenges at USDA
Published February 2, 2020
USDA Under Secretary Bill Northey, Risk Management Agency Administrator Martin Barbre, North Dakota Agriculture Commissioner Doug Goehring and local farmers met in Washington D.C. last week to discuss updates to crop insurance and disaster aid. Quality problems challenged North Dakota…Latest COF Numbers Come In at 12 Million Head
Published January 27, 2020
The latest Cattle on Feed Report was mostly in-line with expectations. The USDA report says there are 12 million cattle on feed for slaughter as of January 1, a two percent increase from one year ago. That includes 7.3 million…Sugarbeet Co-ops Meet With USDA on Disaster Aid
Published January 19, 2020
Local sugarbeet cooperatives met with USDA Under Secretary Bill Northey last Wednesday afternoon to discuss disaster assistance. North Dakota Senator John Hoeven told the Red River Farm Network there are still details being worked out. "We got into in-depth discussions.…Crop Insurance Premiums Due Jan. 31
Published January 16, 2020
USDA's Risk Management Agency is reminding farmers that crop insurance premiums are due January 31. Accrual of interest had been deferred for the 2019 crop year. "The reason why the agency is making a big deal right now is because…