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Category Archive

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

agriculture

Farm Credit Administration Releases Quarterly Report

Dan April 17, 2018Economy, Industry News Release

A report on the performance of the Farm Credit System shows 2018 is another challenging year for agriculture. The report, presented to the Farm Credit Administration board, outlines the economic …

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Farm Credit Administrationfarm economy
secretary

Trump’s EO on Reducing Poverty Promotes Economic Independence

Dan April 11, 2018Economy, Industry News Release

U.S. Secretary of Agriculture Sonny Perdue applauded President Donald J. Trump’s Executive Order (EO), titled “Reducing Poverty in America by Promoting Opportunity and Economic Mobility,” which calls for lifting American …

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Ag Sec PerduepovertyPresident Donald J. TrumpRural America
predators

USDA to Immediately Assist Producers for Qualifying Livestock, Honeybee and Farm-raised Fish Program Losses

Dan April 9, 2018Economy, Industry News Release

The U.S. Department of Agriculture (USDA) will issue $34 million to help agricultural producers recover from 2017 natural disasters through the Emergency Assistance for Livestock, Honeybees and Farm-raised Fish Program (ELAP), which …

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aquaculturedisaster assistancehoneybeeUSDA/FSAwildfire
food price

World Food Prices Rise 1.1 Percent in March

Dan April 6, 2018Economy, Industry News Release

The United Nations food agency says world food prices rose during March, driven by increases in grains and dairy costs. The Food and Agriculture Organization’s food price index measures monthly …

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food pricesUN/FAO
businesses

USDA and SBA Join Forces to Help Rural American Businesses

Dan April 6, 2018Economy, Funding, Industry News Release

Ag Secretary Sonny Perdue and Small Business Administration chief Linda McMahon signed a Memorandum of Understanding on strengthening small businesses and the agricultural economies in rural America. They signed the …

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agriculture fundingSBAUSDA
tariffs

More California Reactions to Chinese Tariffs

Dan April 4, 2018Economy, Industry News Release, Trade

By Karen Ross, Secretary, California Department of Food and Agriculture In response to the federal government’s recent decision to impose tariffs on steel and aluminum, China has ordered retaliatory tariffs on …

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agriculture tradeCalifornia agricultureChinatariffs
federal reserve

Ag Bankers Report Shows Increase in Lending

Dan April 4, 2018Economy, Industry News Release

Agricultural lending from U.S. banks increased nearly six percent in 2017, according to a new report by the American Bankers Association. Ag lending increased $5.9 billion to $106 billion last …

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agriculture loanAmerican Bankers Association
ag economy barometer

Ag Economy Barometer Results for March

Dan April 3, 2018Economy, Industry News Release

Farmers are expressing concerns regarding agricultural trade, according to the latest Purdue/CME Group Ag Economy Barometer. The barometer slipped to 135 in March, down five points compared to February, but …

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agriculture economyfarm incomePurdue/CME Group Ag Economy Barometer
usda

Broadband Investment and Section 199A Tax Code Fix in Omnibus Applauded by Perdue

Dan March 25, 2018Economy, Funding, Industry News Release, Technology

Broadband: U.S. Secretary of Agriculture Sonny Perdue applauded the robust investment of $600 million in rural broadband for the U.S. Department of Agriculture (USDA), which was included in the FY …

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Omnibus Spending Billrural broadbandSection 199A
president

President Trump Signs Omnibus

Dan March 23, 2018Economy, Industry News Release, Legislative

With President Donald Trump’s signature, the 2018 omnibus spending bill—and the several provisions that benefit farmers, ranchers and rural communities it includes—became law. The measure, which was a must-pass to …

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Omnibus Spending BillPresident Donald J. Trump
omnibus

Omnibus Spending Bill Also Contains Livestock “Fixes”

Dan March 23, 2018Dairy & Livestock, Economy, Industry News Release

The U.S. Cattlemen’s Association was pleased to see that the omnibus appropriations spending bill released on Wednesday night has what it called “two common-sense solutions to regulatory overreach in the …

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livestockOmnibus Spending BillUSCA
appropriations

Appropriations Bill Agreed Upon by Congress, Contains Section 199A “Fix”

Dan March 23, 2018Economy, Funding, Industry News Release

The Hagstrom Report says congressional leaders have agreed on an omnibus appropriations bill to fund the government through September 30. It passed a House vote, 256-167, and is expected to …

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Appropriations BillSection 199A
senate

Trump: China Tariffs Will Total $50 Billion

Dan March 23, 2018Economy, Industry News Release, Trade

President Donald Trump announced an estimated $50 billion in tariffs against Chinese imports today. Bloomberg says it’s a retaliatory move against intellectual property violations. The move will take effect on …

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ChinaPresident Donald J. Trumptariffs
usmca

Perdue Comments Regarding Omnibus Spending Bill

Dan March 22, 2018Economy, Industry News Release, Legislative

U.S. Secretary of Agriculture Sonny Perdue issued the following statement regarding the omnibus spending bill released by Congressional leaders: “The omnibus spending plan released last night contains a number of …

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Ag Sec PerdueOmnibus Spending BillUSDA
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