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Category Archive

Below you'll find a list of all posts that have been categorized as “Economy”

Farm Income

USDA Forecasts Decline in Farm Income for 2024, Specialty Crops a Bright Spot

Dan December 9, 2024Agri-Business, Economy, Specialty Crops

The USDA’s latest Farm Income Forecast indicates a challenging year ahead for many American farmers. Cash receipts for 2024 are projected to drop significantly for major crops like wheat, soybeans, …

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crops

Cotton is the Biggest Loser in 2024 Among Specialty Crops

Dan December 9, 2024Cotton, Economy, Specialty Crops

USA chief economist Seth Meyers says most crops are projected to generate less income this year, but a few crops may buck that trend. “Even fruits and nuts a little …

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American Agriculture History

American Agriculture History Minute: The Economy and Agriculture’s Move West

Dan December 9, 2024American Agriculture History Minute, Economy, This Land of Ours

I’m Mark Oppold with an American Agriculture History Minute. No surprise, the U.S. economy was primarily agriculturally based in the early 19th century. Westward expansion, including the Louisiana Purchase and …

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disaster tax relief

Disaster Tax Relief Bill Passes in U.S. Senate

Dan December 6, 2024Agri-Business, Cattle, Economy, Funding, Legislative

The U.S. Senate has passed the Federal Disaster Tax Relief Act (H.R. 5863). The legislation, in addition to providing much needed relief to victims of hurricanes, also provides tax relief …

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National Cattlemen's Beef Association (NCBA)
big cut

Big Cut Projected in Cash Receipts for a Major Crop

Dan December 6, 2024Cotton, Economy

USDA is projecting a big cut in 2024 cash receipts for a major crop. Gary Crawford reports. Sponsored ContentLet’s Talk Livestock Risk Protection For Those Beef On Dairy Animals – …

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tariff

Tariffs and Trade: Examining Potential Impacts on Agriculture

Dan December 5, 2024Agri-Business, Economy, Exports/Imports, Exports/Imports, Trade

As President-elect Donald Trump prepares to take office, questions are rising about the potential impact his administration may have on agriculture, especially in the areas of trade and tariffs. Roland …

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tariff

Trump’s Tariff Plan

Dan December 5, 2024Agri-Business, Economy, Trade, U.S-Mexico-Canada Trade Agreement (USMCA)

U. S. President-elect Donald Trump has declared his intention to implement a 25% tariff on all products from Mexico and Canada, alongside an additional 10% tariff on goods originating from …

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rebuilding

U. S. Producer Serving Time for Wire Fraud Sues Tyson Fresh Meats

Dan December 3, 2024Agri-Business, Economy

A former Washington rancher serving a prison sentence for wire fraud stemming from a so-called ghost cattle fraud has asked a federal appeals court to reconsider his claims that Tyson …

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Tyson Foods
tariffs

Possible Retaliatory Tariffs Loom as Trade Policies Shift

Dan December 3, 2024Agri-Business, Economy, Exports/Imports, Exports/Imports, Trade

President-elect Donald Trump’s nominee for U.S. Trade Representative, Jamieson Greer, signals a renewed focus on trade disputes and tariffs. Greer, a seasoned trade expert and former chief of staff to …

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North American Free Trade Agreement (NAFTA)U.S.-Mexico-Canada Agreement (USMCA)
Farm Income

Diverse Drivers of Farm Income

Dan December 2, 2024Commodities, Economy

USDA Chief Economist Seth Meyer says the diverse mix of crops and livestock, along with commodity prices, plays a critical role in shaping farm income. “ Farm income is a mix …

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tariffs

Trump Announces Tariffs on Mexico, Canada, and China

Dan November 29, 2024Agri-Business, Economy, Exports/Imports, Exports/Imports, Trade, U.S-Mexico-Canada Trade Agreement (USMCA)

President-elect Donald Trump has unveiled plans to impose significant tariffs on imports from Mexico, Canada, and China. The proposed measures include a 25% tariff on all goods from Mexico and …

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farmers

Farmers Across America Make Thanksgiving Dinner Possible

Dan November 28, 2024Economy

As families gather for Thanksgiving, many will consider the nationwide effort behind the feast on their tables. Farmers from coast to coast contribute to the holiday meal, as highlighted by …

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American Farm Bureau Federation (AFBF)
damage

California Congressman Joins Hurricane Damage Tour in Southeast

Dan November 20, 2024Agri-Business, Economy, Environment

Representative Doug LaMalfa (CA-01) joined a bipartisan group of lawmakers on a tour of agricultural damage in Florida and Georgia caused by Hurricanes Milton and Helene. The visit, organized by …

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American Agriculture History

American Agriculture History Minute: Trade, Barter, Pay Taxes

Dan November 14, 2024American Agriculture History Minute, Economy, This Land of Ours

I’m Mark Oppold with an American Agriculture History Minute. As settlers moved west across the Mississippi River, great expansion continued. Early farmers planted crops that supplied their families and livestock …

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