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Category Archive

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

early

Early Stage Ag Tech Investments Up 29 Percent

Dan March 13, 2018Economy, Funding, Industry News Release

Investments in the early stages of agricultural technology in 2017 increased 29 percent, compared to 2016. AgFunder, a self-proclaimed online investment marketplace for agricultural technology, reports early stage investment in …

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AgFunderagriculture investments
ag

Ag Producer Sentiment Improves; but Uncertainty about the Future of NAFTA Looms

Dan March 6, 2018Economy, Industry News Release

The Purdue/CME Group Ag Economy Barometer moved higher again in February. At 140 points, producer sentiment, which is based on monthly survey of 400 agricultural producers from across the country, …

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agriculture economyCME Group
agriculture

Ag Committee Members Press USDA on Payments to Deceased Farmers

Dan March 1, 2018Economy, Industry News Release

Senate Ag Committee members Chuck Grassley of Iowa and Debbie Stabenow of Michigan raised concerns with the USDA’s Farm Service Agency about farm program payments to deceased farmers. The Senators …

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Chuck GrassleyDebbie Stabenowfarm income
perdue crop insurance

Perdue Advocates for Crop Insurance Program

Dan February 26, 2018Economy, Industry News Release

Secretary of Agriculture Sonny Perdue walked a tightrope while talking with reporters about President Trump’s budget proposals that agriculture wasn’t enamored with. One of the proposals included cuts to crop …

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Ag Sec Perduecrop insurance
snap

Perdue Promotes “Harvest Box”

Dan February 23, 2018Economy, Industry News Release

Ag Secretary Sonny Perdue wants people who don’t like the idea of “America’s Harvest Box” to know that they are very serious about the idea. He says House Ag Committee …

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Harvest BoxSonny PerdueUSDA
section

Section 199A Fix Is Coming

Dan February 23, 2018Economy, Industry News Release

A DTN report says Congress may be close to replacing the Section 199A language in the new tax law that curbs the advantages of farmers who sell their products to …

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Chuck GrassleySection 199A
farm bill

USDA Seeks Ideas to Help SNAP Participants Become Independent

Dan February 22, 2018Economy, Industry News Release

The U.S. Department of Agriculture today announced that it is looking for innovative ideas to promote work and self-sufficiency among able-bodied adults participating in the department’s Supplemental Nutrition Assistance Program …

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SNAP benefitsUSDA
letter

Republicans Deliver Letter to Congressional Leadership Calling on Section 199A Changes

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

A group of Republican lawmakers Wednesday sent a letter to Senate Majority Leader Mitch McConnell and House Speaker Paul Ryan calling for changes to Section 199A in the tax code. …

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Mitch McConnellPaul RyanSection 199A
adm

FTC Nominee Pledges to Look Closely at Ag Mergers

Dan February 19, 2018Economy, Industry News Release

The Federal Trade Commission (FTC) would take a look at past merger deals to see if regulators were too easy on the companies involved. That’s the promise of Joseph Simons, …

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agriculture mergersFTCmerger
trump

Trump Budget Proposal Considered “DOA”

Dan February 14, 2018Economy, Industry News Release, Legislative

Presidential budget proposals have been dead on arrival before. However, the Hagstrom Report says no budget outline has been as dead as the one President Trump sent to members of …

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FY 2018 BudgetPresident TrumpSNAP
farm bureau

President’s Infrastructure Plan Paves Way for Boosting Rural Economy, Farm Bureau Says

Dan February 12, 2018Economy, Industry News Release

The following statement may be attributed to American Farm Bureau Federation President Zippy Duvall: “President Trump’s ‘Building a Stronger America’ plan promises to bring long overdue improvements to the country …

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AFBFrural infrastructureZippy Duvall
tyson

Tyson: Higher Freight Costs Will Push Up Consumer Prices

Dan February 12, 2018Economy, Industry News Release

Tyson said the rising cost of freight is starting to put pressure on all of its businesses. That means consumers will eventually feel that pressure in the form of higher …

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consumer pricesfreight costTyson
farm

Highlights From the February 2018 Farm Income Forecast

Dan February 8, 2018Economy, Industry News Release

Farm Sector Profits Expected To Decline in 2018 Net farm income, a broad measure of profits, is forecast to decrease $4.3 billion (6.7 percent) from 2017 to $59.5 billion in …

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farm economyfarm incomeUSDA/ERS
omnibus

Canada Offering Livestock Producers Tax Relief

Dan February 8, 2018Dairy & Livestock, Economy, Industry News Release

The Government of Canada Wednesday released the final list of designated regions where livestock tax deferral has been authorized for 2017 due to drought, flood or excess moisture. In November, …

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Canadalivestock producerstax relief
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