Author: The Farm Report

Highest corn and soybean prices since commodity boom, says USDA U.S. farmers, who harvested some of their largest corn and soybean crops ever last fall, will reap the highest season-average prices for the crops since the heady days of the commodity boom that ended in worldwide surpluses seven years ago,… Continue reading

Big poultry processor to pay $75 million to resolve antitrust lawsuit Three months after a plea agreement with the government that included a $110.5 million fine, Pilgrim’s Pride, the second-largest U.S. poultry processor, said on Monday it would pay $75 million to settle a class-action lawsuit by its customers.  … Continue reading

Agriculture must be part of climate change negotiations, says Farm Bureau Although blamed for 10 percent of U.S. greenhouse gas emissions, agriculture has a “great track record” through land stewardship and biofuels in mitigating climate change, says Zippy Duvall, president of the American Farm Bureau Federation, in looking ahead to… Continue reading

Perdue demurs at cabinet sideline of Trump While the top Democrats in Congress threatened to impeach President Trump for the second time, Agriculture Secretary Sonny Perdue said on Thursday that he was not part of any discussions among cabinet members to sideline Trump by declaring him unfit to do his… Continue reading

With Democrats in charge, Stabenow to lead Senate Agriculture Committee Michigan Sen. Debbie Stabenow, who last year sponsored legislation to encourage farmer participation in carbon markets, is expected to chair the Senate Agriculture Committee for the second time in a decade now that the Democrats will control the Senate. Stabenow’s… Continue reading

Biden administration to oversee new coronavirus payments to farmers. Considering the time needed to convert legislation into action, the Biden administration will oversee the payment of most or all of the $13 billion in agricultural aid that was included in the latest coronavirus package, said Agriculture Undersecretary Bill Northey on… Continue reading

Pandemic tops trade war in USDA payments to farmers In less than nine months, U.S. farmers and ranchers have collected a mammoth $23.5 billion in pandemic relief payments, said the USDA on Monday, more than matching the $23 billion spent by the Trump administration to mitigate the impact on agriculture… Continue reading

Countdown begins for compliance with GMO food-labeling rule Four years after the thunder in Congress over labeling foods made with GMO ingredients, the deadline for compliance with the USDA labeling regulation is in sight — the end of 2021 — despite complaints that the rule is riddled with loopholes that… Continue reading

Merry Christmas and Happy New Year    …we are taking a holiday, returning on Jan 4th… Continue reading

Coronavirus package allots $13 billion for crop and livestock producers Row crop farmers would see payments of $20 an acre and livestock producers would be compensated for animals culled during the pandemic under the $900 billion coronavirus relief bill that was unexpectedly challenged by President Trump on Tuesday, a day… Continue reading