When the Department of Agriculture changed the way it distributed Market Facilitation Program payments for the 2019 edition of the program, it also changed where a good chunk of the payments were going.
Agricultural banks and farm lending institutions are optimistic about the long-term future of the farm economy, but lenders are currently in get-by mode with farmers who are struggling financially due to low commodity prices, adverse weather and ongoing trade tensions.
When it comes to food or “health” products containing cannabidiol, commonly known as CBD, the federal government is not keeping up with the marketplace, where sales of CBD products topped $500 million in 2018.
USDA is working to ensure the Economic Research Service and National Institute of Food and Agriculture continue to perform “mission-critical work” during the transition of the two agencies to the Kansas City region, a top-ranking science official told the Senate Agriculture Committee today.
On the heels of the Department of Agriculture submitting a rewrite of rules to address competition in livestock markets, a group of producers took to Washington Tuesday to make their case for improved safeguards in the new rulemaking.