Articles Tagged with ''farm economy''

The Biden administration hosts the first White House conference on hunger and nutrition in more than 50 years to debate a national strategy that officials will unveil ahead of the Wednesday meeting.

Farmers’ outlook improved last month despite linger concerns about high input prices and prospects for weaker prices in 2023, according to the monthly Purdue-CME Group Ag Economy Barometer.

Some farmers could face foreclosure on USDA loans as soon as this fall, so the department may begin providing some newly authorized debt relief through a phased-in approach in order to address the immediate need for help, Agriculture Secretary Tom Vilsack says.

Tight global grain stocks should continue to sustain commodity prices into next year, supporting strong, pent-up demand for farm equipment, executives with Deere and Co. said Friday.

Producers across the country are in the most pessimistic about the farm economy since the early days of the COVID-19 pandemic.

Regulations, trade, and taxes are topping the list of farmer fears as the presidential election has now come and gone.

The 2018 farm bill isn’t due to expire until 2023, but there is a growing possibility that Congress could revisit the law as soon as next year either to deal with the slumping farm economy or to address climate change.

Now that President Donald Trump has signed the historic $2 trillion economic relief package into law, work now turns to getting the money out as quickly as possible. “This doesn’t do anybody any good if it takes a long time,” Treasury Secretary Steven Mnuchin said on CBS Face the Nation on Sunday.