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Balanced Reporting. Trusted Insights.
Friday, June 24, 2022
Economists have raised their forecast for farm income this year. As a result, farm earnings are expected to be about the same this year as last, despite sharp increases in production costs.
The Agriculture Department announced Tuesday that it accepted about 2 million acres into the Conservation Reserve Program during this year’s general signup, well short of what could be needed to keep CRP from shrinking this year.
Seed giant Corteva is packing up and ceasing all operations in Russia as the country continues its military invasion of Ukraine, according to a press release from the company.
Leaders of the Senate Agriculture Committee heard from Michigan producers who represent a broad range of commodities, scale and farming practices as the panel formally started hearings on the next farm bill.
Democrats struggling to deal with voter concerns about inflation are using a cattle markets reform bill to make the case that corporate CEOs are to blame for rising prices.
Fertilizer prices were already soaring due to weather and supply chain shocks exacerbated by the COVID pandemic before Russia invaded Ukraine in February, leading USDA to announce a $250 million investment in new U.S. production capacity. The question is how much impact that funding can have.
A diverse coalition of groups concerned that Food and Drug Administration is giving short shrift to food safety issues is asking FDA Commissioner Robert Califf to create a position that would have authority over food programs.
Ahead of a key Senate hearing this week, economists at Texas A&M University have finished their analysis of a revised bill that would mandate levels of cash trading in the cattle markets.
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