…predicted interest expenses for 2020 at $18.0 billion, with a predicted interest expense ratio of 0.04. By February 2022, interest expenses for 2020 were estimated to be slightly higher than…
Family Farm Living Expenses
…the Kansas Farm Management Association shows that farm family living expenses jumped 14 percent higher last year to an average of $82,000. It’s significantly higher than the previous high of…
Specialty Crop Producers to Receive Food Safety Assistance from USDA
…for certain on-farm food safety expenses. USDA’s new Food Safety Certification for Specialty Crops (FSCSC) program will assist operations with food safety certification and related expenses in calendar years 2022…
Vilsack Gives Details on Food Supply Chain Plans
…incur eligible on-farm food safety program expenses. These operations incur significant costs to comply with regulatory requirements and market-driven food safety certification requirements each year and getting these certifications opens…
Organic Assistance Programs Accepting Applications
…cover the costs of soil testing, registration fees for educational events, and certification costs. Certain expenses for transitional producers will also be covered, including pre-certification inspection fees and system development…
AgNet News Hour: Wednesday, 05-11-22
Get the latest agriculture news in today’s AgNet News Hour, hosted by Danielle Leal. Today’s show covers how to avoid unnecessary expenses by keeping detailed crop records, the positive development…
Cost of Production Concerns Detailed in Farm Bureau Reports
…made in commodity prices. Farming expenses such as fertilizer and energy have grown substantially more burdensome over the past 12 to 18 months. Even with increased global demand helping to…
Nearly $20 Million Available for Value-Added Producer Grant Program
…award value of $250,000. Examples of working capital expenses include processing costs, marketing and advertising expenses, and select inventory and salary expenses. Of the total funding being made available in…
Dairy Margin Coverage Available, with New Program Expansion
…to better align the program with actual producer expenses. The new Supplemental DMC is intended to provide better assistance options for small and mid-sized dairy operations. A total of $580…
USDA Updates 2021 Farm Income Forecast
…expenses, to increase $12.6 billion to $133 billion. U.S. net farm income is forecast to increase by $18.4 billion from 2020 to $116.8 billion in 2021. Net farm income is…
New Micro Farm Policy Available from USDA
…Requirements: Micro Farm minimizes underwriting and recordkeeping requirements, and producers will not have to report expenses and individual commodities. · Post-production Revenue: Producers can include post-production activities as revenue, such as washing and…
Farm City Newsday Monday, 11-15-21
…producers, and resources available from USDA to help cover COVID-related expenses for agricultural workers. Tune in to the show for these news stories, interviews, recipes, features and more. Listen to…
Pandemic Assistance Offered for Organic Producers
…may also be eligible for funding assistance related to soil testing expenses required under the National Organic Program. Eligible producers could receive 75 percent of those expenses, up to $100…
Crops Sector Received 65% of PPP Loans for Agriculture in 2020
…monthly average profit plus payroll and eligible overhead expenses, such as the employer’s share of insurance payments and unemployment taxes. If used on eligible expenses within the first 24 weeks…