Articles tagged under: USDA
FSA Prepared to Implement Assistance Program
Published August 23, 2018
In an interview with the Red River Farm Network, Farm Service Agency Administrator Richard Fordyce said the Market Facilitation Program is being finalized yesterday. "It's going to be a fairly straight forward program, not very complex and really easy for…USDA Buys Fluid Milk For Nutrition Programs
Published August 14, 2018
USDA will buy $50 million worth of fluid milk for distribution at food assistance programs across the country. Section 32 funds were used for this purchase. This is a separate action from USDA’s $12 billion aid package to help farmers…Wheat Production Report In-Line with SD Harvest
Published August 13, 2018
South Dakota Wheat Commission Executive Director Reid Christopherson says South Dakota’s wheat production report didn’t change much from expectations in Friday’s USDA report. "The reports are probably in line with what we're going to see coming out of this harvest.…A Bearish USDA Report
Published August 10, 2018
The corn and soybean markets reacted negatively at the release of USDA’s Crop Production Report and World Agriculture Supply and Demand Estimates Report on Friday. Stewart-Peterson Senior Market Advisor Bryan Doherty says on the surface, there’s a much higher-than-expected yield…Supply/Demand Report Expectations
Published August 9, 2018
USDA will release the August crop production and supply and demand reports Friday at 11 a.m. Mastering the Grain Market author Elaine Kub says traders have already dialed in a corn yield between 176 and 178 bushels per acre. "Even for…Continuous CRP Deadline Nears
Published August 8, 2018
The acreage signup deadline for continuous Conservation Reserve Program is coming up. USDA Undersecretary Bill Northey says the enrollment deadline is Friday August 17. "Continuous enrollment CRP is land that if it meets the qualifying characteristics that are needed for one…U.S. Soybean Sale Attracts Other Business
Published August 8, 2018
Chinese tariffs on U.S. soybeans have shifted soybean trade patterns. USDA Ag Outlook Board Chair Seth Meyer says the soybean trade is in unfamiliar territory. "In the last decade, we've developed this six month marketing year which has been dominated by…Estimating USDA’s Direct Payments
Published August 7, 2018
More details of USDA’s aid package for farmers are expected to unfold later this month. University of Missouri Food and Agriculture Research Policy Institute Director Pat Westhoff expects soybean farmers to get $4.3 billion in direct payments out of the…Analysts Prep for Friday’s USDA Report
Published August 6, 2018
USDA will release the August World Agriculture Supply and Demand Estimate report on Friday. Diversified Services Risk Management Analyst Rich Morrison thinks much of the pre-positioning was done last week. "The Commitment of Traders report we had Friday showed funds had…