Pushed by high meat prices, food inflation rate hits 7 percent
Food prices are rising at a faster and faster rate, reported the Labor Department on Thursday. Food inflation, a modest 2.2 percent a year last May, started 2022 at a 7 percent gallop, the eighth month in a row the rate has gone up.
USDA names equity panel members; former union leader will be co-chair
The congressionally approved Equity Commission that will address racial discrimination at the USDA will have Arturo Rodriguez, former president of the United Farm Workers union, as one of its leaders, announced the Agriculture Department on Thursday.
Cover crops get premium treatment again
For the second year in a row, farmers who plant cover crops are eligible for a premium benefit of $5 an acre on most crop insurance policies, said the USDA’s Risk Management Agency on Thursday.
Biggest rise in Midwest land values in over a decade
Agricultural bankers reported a 22 percent increase in farmland values in the central Corn Belt during 2021, and they expect values to continue to rise in the opening months of this year, said the Chicago Federal Reserve Bank on Thursday.
Today’s Quick Hits
Cover crops get premium treatment again
For the second year in a row, farmers who plant cover crops are eligible for a premium benefit of $5 an acre on most crop insurance policies, said the USDA’s Risk Management Agency on Thursday.
Biggest rise in Midwest land values in over a decade
Agricultural bankers reported a 22 percent increase in farmland values in the central Corn Belt during 2021, and they expect values to continue to rise in the opening months of this year, said the Chicago Federal Reserve Bank on Thursday.
Today’s Quick Hits
Biggest rise in Midwest land values in over a decade
Agricultural bankers reported a 22 percent increase in farmland values in the central Corn Belt during 2021, and they expect values to continue to rise in the opening months of this year, said the Chicago Federal Reserve Bank on Thursday.
Today’s Quick Hits
Today’s Quick Hits
Bird flu testing: In the first round of weekly surveillance testing for highly pathogenic avian influenza, no cases were found at any of the 18 poultry farms within 10 kilometers of an infected turkey flock in southern Indiana. (Indiana Board of Animal Health)
Bankruptcies plunge: Federal court filings for Chapter 12 farm bankruptcies plummeted by 50 percent in 2021 to the smallest number, 276, in the past decade. (American Farm Bureau Federation)
Free childcare: Low-income households in Texas are eligible for free childcare for up to one year if a parent works in the service industry, which includes grocery stores and restaurants. (Eater)
Protecting gray wolves: A U.S. district judge in Northern California restored federal protections to the gray wolf in the continental United States, excluding the northern Rocky Mountain states, reversing a Trump administration decision to remove the wolf from the endangered species list. (Washington Post)
Suit over chlorpyrifos: Agricultural trade groups filed suit in federal court in St. Louis to overturn an EPA decision, due to take effect on Feb. 28, that bans the agricultural use of chlorpyrifos, an insecticide. (DTN/Progressive Farmer)
