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House Stopgap Funding Bill Lacks Farm Bill Extension

House Stopgap Funding Bill Lacks Farm Bill Extension

Sep 11, 2024 | 5:05am
The House GOP stopgap funding bill to keep the government funded after September 30th lacks a one-year farm bill extension. The must-pass continuing budget resolution extends government funding through next March, including USDA feeding, Ag credit insurance, rural housing, and livestock mandatory reporting. But the stopgap, likely to be voted on this week, does not, […]
Beef Industry Still Looking for Trade Agreements

Beef Industry Still Looking for Trade Agreements

Sep 11, 2024 | 4:04am
U.S. agricultural groups are looking for more trade agreements that mean market access overseas. Kent Bacus, executive director of government affairs for the National Cattlemen’s Beef Association, talks about trade being a bigger priority in past years. “I think we’ve seen a big shift in the overall government approach when it comes to trade. When […]
USDA Approves a New Drought-Tolerant Wheat Variety

USDA Approves a New Drought-Tolerant Wheat Variety

Sep 11, 2024 | 4:03am
A new drought-tolerant wheat variety can now be brought to the market. USDA recently deregulated HB4 wheat. Peter Laudeman, director of trade policy for U.S. Wheat Associates, says they support the move. “U.S. Wheat Associates has been supportive of, for a long time, through our joint wheat industry principles for commercialization, which is a really […]
SC Commissioner Weathers: SC Corn Checkoff

SC Commissioner Weathers: SC Corn Checkoff

Sep 10, 2024 | 5:09am
South Carolina has a new commodity checkoff program. Let’s hear about it, Commissioner. As our ag-savvy listeners know, checkoff programs promote and provide research and information for a particular agricultural commodity without reference to specific producers or brands.  South Carolina has checkoff programs for beef, cotton, peanut, pork, soybean, tobacco, and watermelon. Conversations about a […]
NC Commissioner Troxler: Ag Processing Grants

NC Commissioner Troxler: Ag Processing Grants

Sep 10, 2024 | 5:03am
The department recently awarded $12.4 million in grants focused on expanding the processing of agricultural products. The investment in these eight projects is expected to be a boost for farmers by providing more options close by to process and distribute products.
Brooks Schaffer Market Report for Tuesday September 10

Brooks Schaffer Market Report for Tuesday September 10

Sep 10, 2024 | 3:16am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Friday’s selloff was not enjoyable but a pullback is a healthy part of any price rally. Without pullbacks the market can get overbought and get ahead of the technical indicators (moving averages and strength indices) that are […]
Beef, Pork Exports Continue Showing Strength

Beef, Pork Exports Continue Showing Strength

Sep 9, 2024 | 12:16pm
U.S. beef exports continued building momentum in July. USDA data says July beef exports totaled 110,419 metric tons, up seven percent from a year ago and the second largest of 2024. Export value rose 12 percent to $910.0 million, also the second-highest this year. July growth was fueled by higher demand in Japan, Taiwan, Mexico, […]
Farm Profits Still Projected Down, But Better than Seven Months Ago

Farm Profits Still Projected Down, But Better than Seven Months Ago

Sep 9, 2024 | 3:30am
The farm sector profits are forecast to fall this year, but the outlook is not as bleak now as it was in February, that according to the latest data from USDA Economic Research Service. Carrie Litkowski is a senior economist and program leader in the Farm Economy Branch and breaks down the numbers. ”Specifically net […]
Challenges in the Soybean and Wheat Markets

Challenges in the Soybean and Wheat Markets

Sep 9, 2024 | 3:25am
There’s a big soybean crop coming this fall, so what does that mean for prices? Stephen Nicholson, global sector strategist for grains and oilseeds at Rabobank, says the soybean market has struggled recently. “The soybean market has been held up for quite a while by biofuels, and particularly renewable diesel and the potential for SAF, […]
Farmland Sustainability for the Next Generation

Farmland Sustainability for the Next Generation

Sep 9, 2024 | 2:17am
It’s well known that sustainability is a buzzword in agriculture. Howard Halderman, president of the American Society of Farm Managers and Rural Appraisers, talks about how sustainability also applies to farmland. “To me, sustainability is the preservation of a farm for future generations. And really, sustainability is two different things. One is growing or enhancing […]