Articles tagged under: USDA
Farm Income Higher, Farm Debt Higher
Published March 7, 2019
USDA is forecasting a nearly five percent increase in net cash farm income. At $69 billion, net farm income is well below the $90 billion average seen since the year 2000. Meanwhile, farm debt is projected increase nearly four percent.…Farm Income Projected to Increase in ’19
Published March 6, 2019
USDA expects 2019 net cash farm income to increase $4.3 billion this year, totaling $95.7 billion. That’s up nearly five percent from last year. Median farm household income is forecast to approach $79,000 this year. That would be nearly four…USDA Looking to Fill Local Staffing Needs
Published March 6, 2019
USDA is in the process of implementing the new farm bill, but there is a shortage of local workers to help farmers. USDA Under Secretary for Farm Production and Conservation Bill Northey told National Farmers Union members USDA is working…From NPPC to USDA
Published March 1, 2019
Dave Warner is the new director of external affairs for USDA’s Farm Production and Conservation mission area. In this role, Warner will work for Undersecretary Bill Northey. Warner has been in a communications role for the National Pork Producers Council…Ag Outlook Conference: Record Meat Production
Published February 25, 2019
U.S. meat production is projected to break new records this year. Commercial beef production for 2019 is forecast to increase three percent to 27.6 billion pounds. That would break the previous record set in 2002. Commercial pork production is projected…FY19 Spending Bill Signed
Published February 18, 2019
On Friday afternoon, President Donald Trump signed the spending bill for the 2019 fiscal year. While the border wall and Trump’s emergency order has dominated the news, this bill includes money for USDA, EPA and the Food and Drug Administration.…No Surprises in USDA Production Report
Published February 8, 2019
The latest USDA corn and soybean production numbers are within trade expectations. The 2018 corn production totals 14.4 billion bushels, down from 14.6 billion in December. The average U.S. corn yield of 176.4 bushels per acre was 2.5 bushels per…Market Analysts Eager for the February USDA Reports
Published February 7, 2019
Cornbelt Marketing market analyst Sam Hudson expects a muted market reaction to Friday’s USDA reports. Hudson thinks traders will look at the numbers, then go right back to trading China demand. "I'm looking for planted acres on winter wheat. This could…USDA to Host Farm Bill Implementation Sessions
Published February 6, 2019
With a new farm bill, lawmakers and the USDA are focused on implementation. Deputy Agriculture Secretary Steve Censky told attendees at the Farm Foundation Forum the USDA has charged each of the mission areas to hold a listening session. "We do…