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Category Archive

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

injunction

NCBA Comments on CTA Injunction Reinstatement

Dan December 30, 2024Agri-Business, Cattle, Economy, Legislative

A new decision by the U.S. Court of Appeals for the Fifth Circuit has once again paused enforcement of the Corporate Transparency Act (CTA). This development comes after a series …

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Corporate Transparency Act (CTA)
courts

Corporate Transparency Act Reinstated: NCBA Urges Cattle Producers to Prepare

Dan December 27, 2024Cattle, Economy

The National Cattlemen’s Beef Association (NCBA) is alerting cattle producers that the Corporate Transparency Act (CTA) filing requirements have been reinstated. This follows a recent decision by the Fifth Circuit …

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Corporate Transparency Act (CTA)National Cattlemen’s Beef Association (NCBA)
Plenty Ag

Plenty Ag is Closing its Compton, California Facility

Dan December 24, 2024Agri-Business, Economy, Nursery crops, Specialty Crops

Less than two years after it opened, San Francisco-based vertical farm Plenty Ag is closing its Compton, California facility. The company said in a LinkedIn post it is undergoing a …

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Plenty Ag
disaster

Natural Disaster Costs to California Agriculture

Dan December 20, 2024Agri-Business, Economy, Funding

The increased frequency of natural disasters has created a challenging environment for farmers. However, the effects of climate and weather-related disasters are not uniform, varying greatly depending on location. To …

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deportation

Mass Deportation and What That May Mean for The Agriculture Industry

Dan December 19, 2024Agri-Business, Economy, Labor and Immigration

The President-Elect’s threat of a blanket deportation of all undocumented immigrants has the agriculture industry a little nervous about what that could mean for the workforce. But Washington Representative Dan …

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Christmas tree

Christmas Tree Industry Faces Climate and Economic Challenges

Dan December 18, 2024Economy, Forestry, Weather

The U.S. Christmas tree industry is a vital and resilient sector, providing about $2.5 billion in annual revenue, according to Justin Whitehill, assistant professor at North Carolina State University and …

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ecap

Commodity Groups Advocate for Economic Assistance Amid Farm Bill Delays

Dan December 17, 2024Agri-Business, Economy, Farm Bill, Funding, Legislative

Farmers across the United States are facing growing financial pressures, and commodity groups are stepping up their calls for economic assistance as Congress continues to deliberate on a new farm …

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American Farm Bureau Federation (AFBF)American Soybean Association (ASA)National Corn Growers Association (NCGA)
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 ContentCIR Agriculture Harvester ProductsMarch 1, 2026Let’s Talk Livestock Risk Protection For Those …

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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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