The Department of Agriculture expects U.S. farm exports to hit a record $157 billion for fiscal 2021, an increase of $21 billion over the year before, as the global economy recovers and China increases its already strong demand for U.S. corn, soybeans and meat.

Farmers who were facing a steep drop in government payments in 2021 will instead see a third round of coronavirus relief payments and other producers and ag processors left out of previous aid programs this year will get help this time, under a massive stimulus package and government funding bill.

Like most dairy producers in late 2019, Ryan Klussendorf of Medford, Wis., was optimistic about 2020 dairy prices and he did not sign up for USDA’s Dairy Margin Coverage program. But after seeing the extreme volatility of this year, he’s not taking any chances for 2021 and said other producers shouldn’t either.

Multinational giants in retail, agribusiness, meat processing and food manufacturing, along with the largest restaurant chains and leading apparel brands, want U.S. farmers and ranchers to produce food and fiber more sustainably. This is the first of a five-part Agri-Pulse series that looks in-depth at how reductions in greenhouse gas emissions could have far-reaching effects on American farmers and ranchers.

As students return to classrooms — or return to distance learning — the school lunch program is operating under unprecedented uncertainty, which is set to trickle down to commodities such as dairy and produce that rely on the lunch trays to carry a good portion of their demand. 

China, despite economic woes and its battle with COVID-19, is buying more foreign dairy this year, but the increased imports are doing far less for U.S. producers than the industry had hoped for after the “phase one” trade pact went into effect in February.

As businesses closed their doors and stay-at-home orders were put in place, consumers purchased more dairy products, the National Milk Producers Federation says.

Senate Democrats, setting the stage for a new COVID-19 relief bill, are proposing to spend $8 billion to bolster the food supply chain and to redistribute surplus commodities.

Cattle, dairy and hog producers as well as corn and soybean growers are expected to collect the largest shares of USDA’s $16 billion in coronavirus relief payments, which are designed to compensate for losses in sales or market value between January and April.